Campus Solutions

Tuition payment plans, without the rigid rules

Most payment-plan providers lock you into fixed schedules and timing. Ours doesn't. Run different plans for different enrollment periods, choose the payment timing that fits, and avoid card processing fees — bank draft payments are free to your institution.

$4,800tuition balance
$1,200Aug
$1,200Sep
$1,200Oct
$1,200Nov
4 interest-free payments

What it is

What is a college tuition payment plan?

A college tuition payment plan lets students and families spread the cost of tuition, housing, and fees across several manageable scheduled payments instead of paying the full balance upfront.

Herring Bank's Tuition Payment Plans give your institution the same core benefit — easing the upfront cost that can stand between a student and enrollment — but with far more flexibility than the rigid plans most providers offer. Your business office can run one plan structure for the first month of spring enrollment and a different structure the next, rather than being locked into a single fixed schedule. You can set the payment timing that fits your academic calendar instead of being limited to biweekly or monthly drafts. And you can pass card processing fees to the student or parent so your institution avoids them, while bank draft (ACH) payments are always free to the college. Students enroll and manage their own plan through the Student Portal, approved payments post in real time, balances adjust automatically when a student drops or adds courses, and automated reminders go out before each scheduled payment — making it a flexible, low-overhead tuition installment plan for both your office and your students.

What it does

Flexibility competitors don't offer

Control the plan structure, timing, and fees in ways rigid providers can't match.

Plans by enrollment period

Run one plan structure for the first month of spring enrollment, then a different one the next month.

Flexible payment timing

Go beyond the biweekly-or-monthly limits of rigid competitors — set the cadence that fits.

No card fees for the college

Pass card processing fees to the student or parent; bank draft payments are free to your institution.

Real-time posting

Approved payments post in real time, with auto-balance adjustment when accounts change.

Student self-enrollment

Students enroll through the Student Portal and manage their own plan.

Automated reminders

Email reminders go out before each scheduled payment date.

Who benefits

Value for your institution and your students

For your institution

Business office

  • Run the plan structures you want, when you want — not what a vendor allows
  • Avoid card processing fees with student/parent-paid card options
  • Free bank draft payments to the institution
  • May improve enrollment and retention by easing upfront costs
  • Reduce manual work for business-office staff

For your students

Students & families

  • Spread tuition into manageable scheduled payments
  • Payment timing options that fit real budgets
  • Self-enroll and manage the plan in the Student Portal
  • Automated reminders before each payment

Where it fits

Built for the realities of campus

Semester tuition

Break a full semester's tuition into scheduled payments students can manage.

Term-specific plans

Different plan structures for different enrollment windows across the year.

Housing & fees

Spread housing and mandatory fees alongside tuition in one plan.

Questions

Frequently asked questions

Most providers lock you into fixed schedules. With ours, you can run one plan structure for the first month of spring enrollment and a different one the next, and choose payment timing beyond the biweekly-or-monthly limits competitors impose.
Yes. You can pass card processing fees to the student or parent, and bank draft payments are free to your institution.
Students enroll through the Student Portal, choose from the plan options you offer, and manage payments themselves. Approved payments post in real time.
Auto-balance adjustment updates the plan automatically when a student's account changes due to course drops or adds, keeping the schedule accurate.

Talk to our College & Campus team

Tell us about your institution and a Herring Bank Campus Solutions specialist will reach out.

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