Students may pay semester charges for tuition, fees, room and board in installments of three, four or five payments. There is a $45-per-semester origination fee for this service.
Five-Payment Plan Schedule
|First||July 1||December 1|
|Second||August 1||January 1|
|Third||September 1||February 1|
|Fourth||October 1||March 1|
|Fifth||November 1||April 1|
Four-Payment Plan Schedule
|First||August 1||January 1|
|Second||September 1||February 1|
|Third||October 1||March 1|
|Fourth||November 1||April 1|
Three-Payment Plan Schedule
|First||September 1||February 1|
|Second||October 1||March 1|
|Third||November 1||April 1|
Once you receive your OBU statement, simply subtract the Memo Balance from the Total Due. Add the $45 payment plan origination fee and divide by the appropriate number of payments (three, four or five). Send your payments by the deadlines indicated above.
Please note: Any balance not paid in full by September 1 in Fall or February 1 in Spring will automatically be placed on a three-payment plan and a $45 payment plan origination fee will be charged. In addition, a late fee of $30 will be charged for each month an account is not paid by the monthly due date.
Follow the link for OBU's 2013-2014 costs.