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Home University & Student Business Services Fees Installment Payment Plan

Installment Payment Plan

Installment Payment Plan Option

The Installment Payment Plan (IPP) is offered for the all terms to help satisfy payment requirements by the appropriate fee payment deadline listed in the University & Student Business Services Calendar.

Installment Payment Plan Instructions:
         Follow these steps to sign up for the IPP:

  1. Log in to the myMemphis Portal with your username and password.
  2. Click on the My Finances option under the Student Pages dropdown.
  3. Click on TigerXpress
  4. Go to Payment Plans and click the Enroll Now button.
  5. Select “Term” in the drop-down menu, Click Select
  6. Click Select on the available payment plan
  7. Review eligible charges and credits and the anticipated payment schedule. (the amount showing under the description “Anticipated Aid/ Sch” will be the amount of financial aid included in the initial enrollment of your payment plan. After the Aid has released, it will be applied to the required payments of the installment plan. This may cause the Down payment and some of the Installments to be paid partially or in full). Please review the Total Due Now in the Payment Schedule section for the amount of required payment at the time of setup.
  8. Select how you would like to make your remaining installment payments (automatic or by logging in manually for each installment, Select Continue
  9. Review your amount to be paid and select your payment method, Select continue
  10. Review your payment plan agreement
  11. Click “I agree to the terms & conditions”
  12. Select Continue

Fall

A 25% down payment of the tuition, fees, and a $25.00 non-refundable enrollment fee is required at the time of enrollment and added to the IPP.  Beginning August 1, the non-refundable fee will be $50.

  • The Fall Installment Payment Plan (IPP) will open on July 13th, 2022.
  • PLEASE NOTE:  Fall 2022 Fee Payment Deadline is August 15th, 2022.
  • Students will be assessed a non-refundable Installment Payment Plan fee that will be calculated into their Installment Payment Plan.
  • The Fall IPP down payment is due at signup.
  • The next installment due date will be October 1, 2022.
  • The second installment due date will be November 1, 2022.
  • Final Payment for the entire balance due will be December 1, 2022, at 4:30 pm.
  • Students that do not remit their payments by the scheduled due date will be assessed a $25 Late Installment Plan Fee.

Spring

A 25% down payment of the tuition, fees, and a $25.00 non-refundable enrollment fee is required at the time of enrollment and added to the IPP.  Beginning January 1, the non-refundable fee will be $50.

  • The Spring Installment Payment Plan (IPP) will open on December 5th, 2022.
  • PLEASE NOTE:  Spring 2023 Fee Payment Deadline is January 11th, 2023.
  • Students will be assessed a non-refundable Installment Payment Plan fee that will be calculated into their Installment Payment Plan.
  • The Spring IPP down payment is due at signup.
  • The next installment due date will be February 1, 2023.
  • The second installment due date will be March 1, 2023.
  • Final Payment for the entire balance due will be April 1, 2023, at 4:30 pm.
  • Students that do not remit their payments by the scheduled due date will be assessed a $25 Late Installment Plan Fee.

Frequently Asked Questionstop

  

What is included in the IPP?
All fees showing on a student account including but not limited to tuition & fees, housing, Tiger Eat$, meal plans and IPP an enrollment fee will automatically be included in the IPP calculation.

When can I sign-up for an IPP
Please check the University & Student Business Services' Calendar for when the IPP will be available for a given semseter.

Can I sign up for an IPP in the summer
The IPP is available for all terms. 

What do I pay when I enroll in an IPP?
An initial down payment of 25% of your student account balance

I signed up for an IPP and dropped all my courses, do I still owe?
Students who drop or withdraw from classes may still have a balance due under the IPP. However, fee adjustments are based on the drop or withdrawal date. Please review your remaining balance via TigerXpress. Students who have paid more on their IPP owed will be issued a refund. 

I enrolled in an IPP and made my down payment online, how do I make my remaining payments?
Students may login to their TigerXpress account make installment payments. Cash and check payments are also accepted at the University & Student Business Service Office cashier windows.

Is the IPP enrollment fee refundable if I change my mind about using the Installment Payment Plan?
The enrollment fee is non- refundable.

What happens if I miss a payment while enrolled in the Installment Payment Plan?
A $25 Late Payment Fee is assessed to each missed or late payment. If all installment payments are late, the maximum amount for late IPP fees per semester is $75. 

I signed up for my Installment Payment Plan and made my down payment, when are the rest of my payments due?
The remaining fee balance is due in three separate installments: Fall semester's are due October 1, November 1, and December 1; Spring semester's are due March 1, April 1 and May 1.

I am unable to complete the payments I agreed to in my Installment Payment Plan, what should I do?
Please contact USBS for assistance. You will remain responsible for the installment payments by the appropriate deadline. Unpaid past due installment amounts will also cause holds to be placed on registration for any upcoming term and access to transcripts and diplomas will be restricted until the balance is paid.

Can I enroll in a payment plan without being registered in classes?
Students must first register for classes before enrolling in the IPP.

Will I automatically be enrolled in a payment plan if I make a payment towards my balance?
Enrollment in the IPP is not automatic, students must enroll online through TigerXpress.

I want to register for the next term, however, I haven’t completed making all the payments on my payment plan. Can I still register for classes?
If your Installment Payment Plan (IPP) and any other balance owed to the university is current you will be allowed to register for the upcoming term. For instance, if registration for spring begins in October and your October 1st payment was made you will be able to register prior to making the November and December payments.

Can I register for the IPP if I register after the first payment due date of the term?
The IPP is available during the payment periods on the University & Student Business Services Calendar. Please make sure to enroll by your specified due date.

I am receiving financial aid will it reduce what I owe in my payment plan?
Financial aid currently showing as a credit in TigerXpress (grants, scholarships and student loans, veteran deferments and/or third-party assistance) will be applied and deducted from the balance owed if showing on TigerXpress.

I am planning on receiving financial aid but it’s not showing on my TigerXpress account. Will the amount be included in my IPP?
IPP will only deduct financial aid (grants, scholarships and student loans, veteran deferments and/or third-party assistance) showing on your TigerXpress account. If your financial aid is not showing and is released at a later date your remaining IPP payments will be reduced.

If I signup for the IPP and later have enough financial aid to cover my full balance can I get back the enrollment fee?
The enrollment fee is non-refundable.

When is the last day to enroll in the IPP?
The IPP is available during the payment periods on the University & Student Business Services Calendar. Please make sure to enroll by your specified due date.

Are traffic fines included in the IPP?
All fees showing on a student account including but not limited to tuition & fees, housing, Tiger Eat$, meal plans, enrollment fee and even parking fines will automatically be included in the IPP calculation.

Is a money order an acceptable form of payment on my IPP?
Money order payments are accepted at the payment windows at 115 Wilder Tower. You will need to make the payment first, then a customer service representative will assist you with enrolling in the installment payment plan.

When is the $25 Late Payment Fee applied?
Payments that are or remain unpaid on the due dates, (during the fall term Oct 1, Nov 1, Dec 1 and during the spring term Feb 1, Mar 1, Apr 1) will be assessed $25 late payment fee. The maximum late payment fee per IPP is $75.00.

What is the threshold to allow a previous balance into the IPP?
The IPP is reserved for students in good financial standing with the University. Please remit payment for the past due amount and then enroll in the IPP. 

 If you have any questions regarding the Installment Payment Plan, please contact the Student Business Services Office at 901.678.2712.