Huskie Installment Plan (HIP)

In order to be assigned to the HIP Plan, the following must be met:

• Your prior term balance must be below the current enrollment threshold of $1,500;
• You must be registered for the current term;
• Your pending financial aid must not exceed the total charges for the term; and
• Your total balance less pending financial aid must be above $200.

Your account charges (including the participation fee), less any pending financial aid awards, will be divided equally into four monthly installments. If you have prior term charges of less than the enrollment threshold amount stated above, the prior balance amount will be spread evenly over the four installments in addition to the new charges.

For fall semester, initial billing for HIP is in August with the first installment due August 28. The remaining three installments will be due in September, October and November. For spring semester, initial billing for HIP is in January with the first installment due January 28. The remaining installments will be due in February, March and April (see Billing and Due Dates section below).

Any new charges you may incur after enrollment in HIP will be evenly spread over the remaining unbilled installments. For example: if you add a class after the initial installment billing in August, the charges relative to the added class will be evenly spread over the remaining three installments; or, if a parking fine is added to your account after the second installment billing, this fine will be evenly spread over the remaining two installments.

Reductions to your charges will be treated the same as increases to charges. If you have a reduction of charges (e.g., from dropping a class or waiving student medical insurance) after the first installment billing, this reduction of charges will reduce the remaining unbilled installments equally.

Monthly billing statements will be issued in advance of each payment due date; please see billing and due dates below. These statements will be available online via MyNIU or additionally mailed to your permanent address if you opted out of receiving statements electronically. This statement will reflect charges and any payments or credits received since the last issued account statement, the installment amount due, and the current outstanding balance.

Fall 2024

Special Billing Requests:

• It is your responsibility to delegate account statement access if you prefer to have other individuals view your statements (e.g., parent, family member, etc.). See MyNIU Shared Access.
• If you opt to receive paper statements, notify the Bursar’s Office of any special Billing Address requests (other than the permanent address) as soon as possible. This notification can be done by sending an e-mail to the Bursar Office (bursar@niu.edu) via your student’s NIU e-mail account, or completing a form in the Bursar’s Office.

Payment of each installment is to be made by the payment due date. Payments can be made electronically via MyNIU, by mail, in person at the Bursar’s Office in Swen Parson Hall Room 235, through one of the Bursar’s Office drop boxes, or online via Flywire for international students.

Important: It is preferred to not pay more than the installment amount due on the billing statement. Paying ahead may cause the statements to display incorrectly.

If you pay less than the total installment by the due date, a $25 late payment fee will be assessed to any unpaid amount of $25 or more. The late payment charge will be evenly added to the remaining unbilled installments. If you have past due installments, a hold may be placed on your records prohibiting the student from registering.

A charge of $25.00 will be assessed to your account for any returned payment by the bank. If the returned payment results in a late payment, a late payment fee may also be charged.

Refunds of credit balances resulting from monies paid to the plan will be handled according to the university’s refund policy.

You may withdraw from the plan at any time by submitting a written notice to the Bursar’s Office; however, the participation fee of $50 is non-refundable. The regular university tuition payment policy will then apply to any outstanding balance remaining on your account at the time of withdrawal from HIP plan.