Payment Plans

HOW THE PLAN WORKS

Payments are made in four equal installments
Enrollment fee and first installment are due at time of plan registration
A calculator helps determine what you owe
Budget and schedule your payments so you never miss a deadline
Avoid late fees and account restrictions with your monthly on-time payments
Realtime payments update your student account
Students and their authorized users (hyperlink to new page-content below) can enroll in payment plans
Plans are offered on a term-by-term basis

COST OF THE PLAN

$150 non-refundable enrollment fee is due, at plan enrollment

If all payments are made on or before the payment due dates, no additional fees will be charged.

Late payments will be billed a $25.00 late fee for each late payment
Returned payments will be billed a $40.00 return fee

ELIGIBILITY

To be eligible to participate in the plan, you must be:

Current students

DEADLINE TO APPLY FOR A PAYMENT PLAN

Each term has a set deadline. The 2023 winter term deadline to apply is January 27, 2023.

HOW TO ENROL

Log-in to myTrent > Finances > My Account > Account-Making a Payment icon
Review your account statement
Complete the finance calculator or enter the amount you would like to finance
Review the installments
Add your payment method
Review the agreement and accept the terms and conditions
Receive your confirmation
Review your installments at any time through the student self-service portal

PAYMENT METHODS - must be set-up at the time of plan set-up

PADs - Pre-authorized debit from your bank account - please ensure your monthly installment amounts do not exceed your daily debit card limit

Credit Card via PayPath - an additional fee of 2.5% is added to your installment payment amount

ADDITIONAL INFORMATION

All payment plan payments must be current to remain on the payment plan. If your payment plan is not in good standing, an account restriction will be added to your student account and there will be a hold on future registration.

Registering for a payment plan to pay down past due fees does not entitle the student access to further registration. Please speak to a student accounts advisor.

OSAP RECIPIENTS - If expected OSAP funding directed to Trent will cover or exceed the amount of fees you owe, an enrolment plan is NOT recommended.

If late funding or increased financial support becomes available after a plan has been set-up, you can make an adjustment to your payment plan amount or make this request to Campuspayment@trentu.ca . If funding is greater than fees owed, email campuspayment@trentu.ca to close your payment plan. Please note, the payment plan service charge is non-refundable.

Once the plan for the term has been approved, the installments are static.

New fees added to the account after a payment plan is established won't adjust your monthly payment amount. Payment for additional fees should be paid directly to the student account. An adjustment to your payment plan amount can be requested for an additional registration billing by emailing campuspayment@trentu.ca .

Accounts will be restricted if there is an outstanding balance after the final installment due date for the term.

FAQ'S

WILL I RECEIVE PAYMENT DUE DATE REMINDER NOTIFICATIONS?

Yes, email reminders will be sent to your myTrent email account approximately 2 weeks before the due date. Emails are sent as a courtesy and must not be relied upon. It is the student's responsibility to adhere to the scheduled due dates.

IF I DROP A COURSE WILL I RECEIVE A REFUND?

Credit issued for dropped courses can be transferred to your payment plan. You can do this within the term payment plan or you can email campuspayment@trentu.ca with your request.

IF I RECEIVE A BURSARY AND/OR SCHOLARSHIP AFTER I HAVE AN APPROVED PAYMENT PLAN, CAN I REQUEST A REFUND?

Your bursary or scholarship should be entered in the payment plan calculator as anticipated aid. If you receive unexpected aid, you can adjust your payment plan by bursary or scholarship amount or contact Campus Payment to make the adjustment. Only students in receipt of emergency funding will be eligible to request a refund.

CAN I ENROLL IN ONE PAYMENT PLAN FOR TWO TERMS?

No, payment plans are offered to current students only one term at a time.

What is an Authorized User in the Student Payment Center?

A student may authorize others, (parents, guardians, bands, employers) to view billing information and pay bills on the students behalf. Please note, authorized users do not have access to the student's stored payment methods, academic record or other personal information.