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Your life
with a little
less debt.
Payment Plan Benefits
Easy online enrollment
Flexible payment options
No interest
Make College Easier to Pay For with a Tuition Payment Plan.
Make college more affordable by paying for tuition and fees over time. Tuition payment plans break down your tuition balance into affordable monthly payments. There’s no interest, payment options are flexible, setup fees are affordable, and it’s easy to enroll!
Enroll in a Payment Plan
A convenient and flexible way to make payments.
Make a One-Time Payment
One-time payments are payments not associated with, or applied to, an existing payment plan account.
Payment Plan Information
Payment Methods
- Automatic payment from checking or savings account (ACH)
- Automatic payment from credit or debit card (Service Fee 2.85%)
- Regularly scheduled payments will process on the 20th of each month
Cost to Participate
- $62 per nonrefundable enrollment fee per agreement
- $30 nonrefundable returned payment fee if a payment is returned
Simple Steps to Enroll
Students: If someone is paying on your behalf, you MUST first set them up as an Authorized Payer.
Authorized Payers: If you are paying on behalf of the student, the student MUST access or set up their account first and then add you as an Authorized Payer. If you have used Nelnet before, simply Sign In to manage your account. If you are new to Nelnet, follow the instructions in the email invite that you will be receiving.
• Log in to mymcm.mcm.edu
• Click on the Students tab
• Click on Student Home
• Click on Nelnet Enterprise
• Select Pay Using Nelnet
Need some help setting up a payment plan?
Watch this short how-to video.
*Note: This video tutorial is for demonstration purposes only. Your educational institution may offer options other than those shown in the video.
Target Dates To Enroll By
Spring 2022
Payment plan available on December 23, 2022.
| Enrollment Period | Required Down Payment | Number of Payments | Months of Payments | Payment Date |
|---|---|---|---|---|
| Dec 23-Dec 28 | none | 5 | Dec-April | Last Day of the Month |
| Dec 29-Jan 18 | none | 4 | Jan-April | 20 |
| Jan 19-Feb 16 | none | 3 | Feb-April | 20 |
Fall 2023
Payment plan available on May 1, 2023.
| Enrollment Period | Required Down Payment | Number of Payments | Months of Payments | Payment Date |
|---|---|---|---|---|
| May 1-July 18 | none | 5 | July-Nov | 20 |
| July 19-Aug 17 | none | 4 | Aug-Nov | 20 |
| Aug 18-Sept 18 | none | 3 | Sept-Nov | 20 |