Payment Plans
Students may pay semester charges for tuition, fees, room and board in installments of three or five payments. There is a $40-per-semester origination fee for this service.Five-Payment Plan Schedule
|
Payment |
Fall |
Spring |
|
First |
July 1 |
December 1 |
|
Second |
August 1 |
January 1 |
|
Third |
September 1 |
February 1 |
|
Fourth |
October 1 |
March 1 |
|
Fifth |
November 1 |
April 1 |
Three-Payment Plan Schedule
|
Payment |
Fall |
Spring |
|
First |
September 1 |
February 1 |
|
Second |
October 1 |
March 1 |
|
Third |
November 1 |
April 1 |
Once you receive your OBU statement, simply subtract the Memo Balance from the Total Due. Add the $40 payment plan origination fee and divide by the appropriate number of payments (three or five). Send your payments by the deadlines indicated above.
Please note: Any balance not paid in full by September 1 in Fall or February 1 in Spring will automatically be placed on a three-payment plan and a $40 payment plan origination fee will be charged. In addition, a late fee of $25 will be charged for each month an account is not paid by the monthly due date.
Click here for OBU's 2010-11 costs.
