Student Accounts

Deferment Plan

On-Line Deferment Plan Set Up:

GVSU offers a deferment plan that covers all current semester charges on the student account after financial aid has been applied.  Past due balances cannot be included in the deferment plan and must be paid on or before the payment due date.  There is a $40.00 non-refundable fee to utilize the payment plan.  The account balance will be broken down into four monthly installments each semester. You need to make a payment on or before each due date.  The payment does not automatically come out of your account as we do not save your financial information for security reasons. 

When you are ready to make your first installment follow the steps below:

Note:  You cannot setup your payment plan without making your first installment.

  • Click on My Banner
  • Enter your USER ID (G#) and PIN 
  • Select Student
  • Select Student Account
  • Select Student Account Information,
  • Click on Apply for a Deferment Plan and Pay by Credit Card OR Select Apply for a Deferment Plan and Pay by Electronic Check. 

If you would like to view what your first installment amount will be, click on either of those tabs and select the deferment payment plan set up.  The installment amount will be displayed. 

Deferment Plan Set Up by Mail:

  • Click on My Banner
  • Enter your USER ID (G#) and PIN
  • Click on Student
  • Select Student Account
  • Select Student Account Information
  • Select Apply for a Deferment Plan and Pay by Credit Card or click on Apply for a Deferment Plan and Pay by Electronic Check 
  • Select the deferment plan and print the deferment payment plan set up page.  Send this in with a payment for the installment amount due.

Deferment Plan Set Up by Phone:

Call the Billing Hotline at (616) 331-2209 in the Grand Rapids area or 1-800-789-1923 toll free.  The Billing Hotline is available to take your credit card payment and set up your deferment plan between the hours of 8:00 am and 5:00 pm, Monday through Friday.  There is a $15.00 non-refundable fee to pay by credit card.

Terms and Conditions of Your Deferment Plan       

  1. A $40 service fee will be assessed for each semester a student is placed on a deferment plan.  This fee is non-refundable.
  2. Students on academic probation or in jeopardy of suspension are not eligible to participate in the deferment plan.
  3. Rights to participate in future GVSU deferment plans will be lost if an installment is not paid when due.
  4. You will not be allowed to register for future semesters if your account is not paid in full or you have not made deferment arrangements.
  5. If your student account is not paid when due, you will be responsible to pay all late fees, collection costs and attorney fees.  Delinquent accounts will be sent to a collection agency and placed on your credit report.
  6. All deferment requests are subject to approval by GVSU.
  7. If you default on your payments, GVSU may disclose that you have defaulted, along with other relevant information, to credit reporting agencies.

Winter 2014 Payment Due Dates

1st Payment: December 13, 2013 by 5:00pm (For any charges assessed on or before December 13)                                          

January 3, 2014 by 5:00pm (For any charges assessed December 14 - January 3)                       

January 14, 2014 by 10:00pm (For any charges assessed January 4 - January 14)

2nd Payment: January 24, 2014 by 5:00pm

3rd Payment: February 21, 2014 by 5:00pm 

4th Payment: March 21, 2014 by 5:00pm     

  
If by the payment due date, you have made a partial payment which is 25% or more of your account balance, you will be placed on an installment plan and charged a $40.00 non-refundable fee.  If it is not your intention to pay by installments, please make sure that your entire balance is paid by the payment due date.

 

Any charges unpaid by the statement due date will result in a hold on your account and prevent registration activity.  Late fees in the mount of 1% will be assessed each month on the past due balance.  Delinquent accounts will be sent to a collection agency and will be placed on your credit report.  You will be responsible to pay all late fees, cost of any collection agency, which may be based on a percentage at a maximum of 33% of the debt, and all costs and expenses, including reasonable attorney's fees we incur in such collection efforts.  All payments that are returned by the bank are subject to a $20 returned check fee.  Returned payments made towards tuition or a past semester charge could result in class cancellation if not paid in a timely manner.  If a check is returned for insufficient funds we may present it to the bank electronically. 

 

Page last modified February 12, 2014