Financial Aid

Payment Plan

For students with a remaining balance after financial aid is applied, SCU offers a monthly payment plan that allows you to spread your out-of-pocket costs over the term.

This plan is not a loan. There is no interest and no credit check required.

A payment plan can help reduce the need for additional borrowing by allowing you to pay your balance in smaller, scheduled payments.

How the Payment Plan Works

  • Available after federal and/or private financial aid has been applied
  • Covers any remaining out-of-pocket balance for the term
  • Payments are divided between 2 and 4 payments, depending on your program and term length
  • A 25% initial payment and $50 payment plan fee is required at sign-up to activate the plan
  • Remaining payments are automatically scheduled

Payment Schedule

  • Initial Payment (due at sign-up): 25% of the total term balance and $50 payment plan fee
  • Remaining Payments: depending on your program and term length
  • Due Date: generally the 15th of each month, see details below

Payments are scheduled at the time of sign-up based on your selected payment method.

Summer 2026 Payment Plan Important Dates

Payment Plan Eligible Students # of Payments Plan Closes Payment Due Dates
Standard All programs excluding BSHS, HEC, MSMS Hybrid, and Reiss Davis 4 5/15 5/15, 6/15, 7/15, 8/15
BSHS & HEC (4 installments) BSHS & HEC students 4 5/15 5/15, 6/15, 7/15, 8/15
BSHS & HEC (2 installments) New BSHS & HEC students starting in Subterm B only 2 6/28 6/28, 7/28
MSMS Hybrid MSMS Hybrid students 2 5/29 5/29, 6/11
Reiss Davis Reiss Davis students 3 5/22 5/22, 6/13, 7/5

Fees and Payment Methods

Fee Type Amount
Plan Setup Fee $50 (due at sign-up)
Late Payment Fee $15 per missed payment
Credit Card Fee 2.95% per transaction
ACH (Bank Transfer) No fee

Important Details

  • There is no minimum or maximum balance required to enroll
  • Payments are automatically processed based on your selected payment method
  • The plan applies to a single academic term and must be re-established each term
  • Missed payments may result in additional fees and impact your account standing

Is a Payment Plan Right for You?

A payment plan may be a good option if:

  • You have a remaining balance after financial aid
  • You want to limit additional borrowing
  • You can manage consistent monthly payments throughout the term

Next Steps

  1. Review Your Financial Aid (Financial Aid Office)
    Confirm your federal and/or private loans are finalized and applied to your account. This ensures your remaining out-of-pocket balance is accurate.
  2. Verify Your Balance (Student Accounts)
    Log into your student account to review your current term balance after financial aid has been applied.
  3. Enroll in the Payment Plan (Student Accounts)
    If you have a remaining balance, enroll in the payment plan and submit your initial payment at sign-up. Your remaining payments will be scheduled automatically.

How SCU Supports You

SCU’s Office of Student Accounts is available to help you:

  • Understand your payment plan
  • Review your total borrowing
  • Discuss repayment scenarios based on your program and needs

We strongly encourage you to speak with a Financial Aid Counselor before finalizing your borrowing decisions.

Phone: 562-947-8755, Option #2, then Option #2
Email: StudentAccounts@scuhs.edu
Hours: Monday to Friday, 8 AM to 5 PM PT