Payment Plan

You can voluntarily enroll for free in the PSU Payment Plan as soon as tuition is posted on your account for the term. The last day to voluntarily enroll in the payment plan is the first payment due date of the term. 

Enrollment is mandatory and automatic for accounts with a balance after the first due date of the term. To avoid automatic enrollment in the Payment Plan, your account balance must be paid in full before the first due date of the term. Monitor your student account for new charges, such as library charges or materials fees, that may be added to your account throughout the term. These must be paid in full before the next payment due date, or your account will be subject to automatic Payment Plan enrollment.

Students are issued a new bill every term, and must sign up for the PSU Payment Plan and auto-pay every term.

Late Fees, Holds, and Cancellations

If you have not enrolled in the PSU Payment Plan or paid in full by the first payment due date, you will be automatically enrolled in the Payment Plan and charged a $100 late fee. The balance due will be split between the remaining two due dates. Any further missed payments will result in a $100 late fee. Registration and transcript holds are placed on accounts with multiple missed payments; see the financial holds policy for more details. Pre-registration for classes is cancelled if an account balance is not paid in full by the third installment (see registration cancellation dates below).

PSU Payment Plan Due Dates

Payment Fall Term Winter Term Spring Term Summer Term
First Installment Due October 6 January 14 April 6 July 6
Second Installment Due November 6 February 6 May 6 August 6
Third Installment Due December 6 March 6 June 6 September 6

Enroll in the PSU Payment Plan

Follow the steps below to enroll in the PSU Payment Plan. You will be enrolled in a three-payment plan over the course of the term and required to enter an automatic payment method. If you wish to pay in cash for your Payment Plan installments, you must do so at least one day before the 6th of the month to prevent the automatic payment from processing. Once you have completed enrollment in the PSU Payment Plan, a confirmation receipt will be emailed to your PSU student email account; keep this for your records.

Signing up for the PSU Payment Plan does NOT automatically enroll you for auto-pay. You must sign up separately for auto-pay and re-enroll in both the Payment Plan and auto-pay every term.

  1. Go to Banweb and log in to your PSU student account.
  2. Navigate to the Student Finances tab and select Enroll in the PSU Payment Plan.
  3. Choose Yes, continue on Cashnet Site.
  4. On the right hand side of the screen, in the first box, select Enroll in the <TERM> Payment Plan.

Once enrolled in the Payment Plan, each of your payments will be applied toward the next outstanding installment. Any financial aid payments will reduce your overall account balance and therefore recalculate the remaining installments. You always have the option to pay off your entire balance at once. 

All students that incur a current term tuition or housing balance are eligible to participate in the Payment Plan, with the exception of students who are enrolled only in restricted differential tuition (RDT) courses (also referred to as self-support courses).

Signing up for the PSU Payment Plan does NOT automatically enroll you for auto-pay. You must sign up for auto-pay separately, and re-enroll in both the Payment Plan and auto-pay every term. 


Set Up Automatic Payments

Students have the option of enrolling in auto-pay for their PSU Payment Plan, authorizing PSU to automatically remove the installment amount from the student's selected bank account on the due date each month. Participating in auto-pay requires students to sign up for the PSU Payment Plan AND authorize auto-pay on the CashNet website. If you want to enable a third party to pay on your account, you may do so whether or not you are enrolled in auto-pay. Any payments will be applied toward the next installment of your plan, reducing the upcoming installment amount. The outstanding balance will be processed on your automatic payment.

You must manually sign up for auto-pay every quarter, even if you are automatically enrolled in the Payment Plan. To initiate auto-pay to withdraw a payment from your bank account every month:

  1. Go to Banweb and log in to your PSU student account.
  2. Select the Student Finances tab.
  3. Click Enroll in the PSU Payment Plan and Yes, Continue on CashNet site. If you’ve already set up your bank account, select Enroll in Your <TERM> Payment Plan.

Unsuccessful Transactions

For various reasons, the credit card holder’s bank may decline an auto-pay transaction, or paper check payments and e-check payments can fail. Learn more about unsuccessful transactions.


Registration Cancellation Dates

Course registration is cancelled if an account balance from the previous term is not paid in full prior to the dates listed below. 

Term Registration Cancellation Date
Fall 2020 September 17, 2020
Winter 2021 December 28, 2020
Spring 2021 March 22, 2021
Summer 2021 June 14, 2021
Fall 2021 September 13, 2021

All dropped courses are subject to the refund schedule.