Frequently we are asked about
payment arrangements either in addition to or instead of the financial aid options.
Through our experience, we have found that many families find it convenient to pay for
college expenses through a monthly payment plan, which we offer exclusively through
Tuition Management Systems (TMS). This budget plan enables you to pay all or part of your annual
charges in 10 monthly payments for a $60.00 annual fee. The
Villanova Financing Plan helps families determine the best way to pay
for a student's education with a minimum amount of debt. Borrow
Smart@ is a tool provided by TMS on their website (Tuition
Management Systems)
that assists by combining a monthly payment plan with loans, if
necessary, to cover the tuition, fees, room and board charges for a
student. They accept payment by check, direct withdrawal or
credit card. The included Life Benefit coverage guarantees
payment of the unpaid balance of the budgeted annual amount in the
event of death of the bill payer.
If you would like to spread
your education expenses over monthly payments you may want to contact
TMS at: 800-895-9061 for
additional information regarding your payment plan.
For additional information regarding alternative
loans, please review the Villanova Financing Plan included in the Financial Assistance web
site. Also take a look at the following two Villanova web sites and one of campus
site.
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