Additional Resources - other payment options

Other Payment Options

 

Tuition Payment Plan 

The Office of Student Accounts offers the 5, 4, or 3 monthly payment plan in order to pay tuition, fees, and room and board in installments.  The payment plan must be properly set up online (https://ecsu.afford.com/Home) with Tuition Management Systems directly. Note: there is a $45 semester enrollment fee. In order to determine the amount of your payment plan, you can use the student bill to determine the balance of your account. Since the tuition payment plan is not a loan, there are no interest or finance charges. Payment plans are only used for current semester charges, prior balances must be paid in full before you can start class and cannot be included in your payment plan. If you have questions regarding the Payment Plan please contact Student Accounts at 252-335-3471 or TMS directly at 800-722-4867.

 

Parent PLUS Loan

The Federal Direct Parent PLUS Loan is available to parents of dependent undergraduate students. Credit checks are required and the parent is responsible for repayment. Should the loan be denied the parent has the option of reapplying with a co-borrower or indicating they want the student evaluated for additional loan eligibility. The Parent PLUS application must be completed at www.studentloans.gov, the parent will use their FSA ID and password to sign in. The interest rate is currently 7.60%. If you have additional questions regarding the Parent PLUS please contact the Office of Financial Aid at 252-335-3283.

 

Alternative Loans

Many private lending institutions offer loans to students and families seeking assistance to meet expenses related to attendance at Elizabeth City State University. These loans require credit checks and may require a co-signer. Eligibility, rates, terms, and conditions may vary.

http://www.ecsu.edu/administration/chancellor/enrollment-management-retention/financial-aid/private-alternative-loans.html

When choosing a private loan, our office offers these suggestions:

✔ Review the terms of the program carefully and read the fine print

✔Check with the lender for the most current terms and conditions

✔Compare interest rates and adjustments, fees, and repayment terms since these determine the total amount repaid overtime

✔Check for deferred interest and/or principle while enrolled in school

 

Scholarship Search

There are many scholarship opportunities available beyond the university. We highly recommend beginning with organizations you may be involved in such as Rotary Clubs, Women’s Clubs, religious organizations, and/or employer benefits (parent and/or student). Be sure to visit our website for scholarship postings and updates:

https://www.ecsu.edu/administration/chancellor/enrollment-management-retention/financial-aid/scholarships.html.