Scenarios

The following are billing and payment scenarios to help students and their families better understand how the Southern's Payment Plan functions.

Scenario 1

You're enrolled in a 4 pay plan for a total of $4,000. You have made your 1st installment payment plus the $45.00 enrollment fee and have 3 installments of  $1,000 remaining. You decide to purchase a commuter meal plan, for  $225.00. The $225.00 will automatically be evenly distributed amongst the 3 remaining installments, bringing each installment to $1,075. The student account will be recalculated and automatically adjust for the additional charge. An email notification will immediately be sent to the student and any authorized users about the adjustment.

Remaining Installments Before Adding
Meal Plan
After Adding
Meal Plan
2 $1,000 $1,075
3 $1,000 $1,075
4 $1,000 $1,075

Scenario 2

You're enrolled in a 4 pay plan for a total of $4,000. You have made your 1st installment payment plus the $45.00 enrollment fee and have 3 installments of  $1,000 remaining. After your second installment payment of $1,000, you decide to increase the payment amount to $1,500 for your third installment payment. The $1,500 covers the amount due for the third installment as well as a portion of the fourth installment, bringing the final installment to $500. The student account will be recalculated and automatically adjusted for the payment received. An email notification will immediately be sent to the student and any authorized users about the adjustment.

Remaining Installments Before
Overpayment
After
Overpayment
3 $1,000 $1,500
4 $1,000 $500

Scenario 3

You're enrolled in a 4 pay plan for a total of $4,000. You have made your 1st installment payment plus the $45.00 enrollment fee and have 3 installments of  $1,000 remaining. You apply for a scholarship award for text books and expenses. Your scholarship of $900 has been granted. The $900 scholarship credit will be evenly distributed amongst the remaining 3 installments, bringing each installment to $700. The student account will be recalculated and automatically adjusted. An email notification will immediately be sent to the student and any authorized users about the adjustment.

Remaining Installments Before
Scholarship
After
Scholarship
2 $1,000 $700
3 $1,000 $700
4 $1,000 $700