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Payment Plan

Payment Plan

College Expenses: What’s Your Plan?

FACTS logoPaying for the rising costs of a college education is a concern for nearly every student and family. The fact is, few of us have the resources to simply write a check for the full cost of tuition each semester. How do you plan to meet your costs? What’s your plan? Do you have one?

A solid plan for covering the cost of college is an important first step. RCC enlists the FACTS Management Company, a leading educational payment plan provider, to make this process easier for you. Working together, RCC and FACTS provide sensible strategies for covering the rising costs of college.

Here is a Proven Plan

RCC and FACTS offer a convenient budget plan. This is not a loan program and there is no credit check. You incur no debt and there are no interest or finance charges. The cost to budget your interest-free monthly payment plan is the $30 per semester non-refundable FACTS enrollment fee. Budget your tuition and fees with the following payment methods:

  • Automatic Bank Payment (ACH) - You authorize payments and FACTS processes these directly with your financial institution. It is simply a bank-to-bank transfer of funds that you have pre-approved for your expenses at RCC. Payments may be made from either your checking or savings account. Payments are processed on the fifth of each month and continue until the balance is paid in full.
  • Credit Card Option - Paying by credit card gives you the advantage of bonus programs that may be offered by your credit card company. Your monthly payment is automatically charged to the credit card you designate. Payments are charged on the fifth of each month until the balance is paid in full.

Automatic Payment Plan: Convenient, Interest-Free, and Affordable!

Advantages

  • Easy online enrollment
  • Monthly payment plan
  • Flexible payment options
  • No interest

Cost to Participate

  • $30 enrollment fee per semester (ACH & credit card)
  • $30 returned payment fee if a payment is returned

Click on the e-Cashier logo to enroll:

 

e-cashier

Target Dates to Enroll for Fall 2014/Spring 2015

Fall 2014

Last Day to Enroll Online

Required Down Payment

Months of Payment

Payments

Aug 01

none

4

Aug - Nov

Aug 22

25%

3

Sep - Nov

Sep 19

33%

2

Oct - Nov

Spring 2015

Last Day to Enroll Online

Required Down Payment

Months of Payment

Payments

Dec 29

none

4

Jan - Apr

Jan 16

25%

3

Feb - Apr

Feb 06

33%

2

Mar - Apr

Note: All down payments are processed immediately.

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