Student Financial Services: Payments

Robert Morris University accepts tuition payments by cash, check, money order or credit card (Visa, MasterCard, Discover or American Express).  Beginning July 1, 2018, credit card payments will be charged a non-refundable 2.2% service fee and only processed via Sentry Secured Services.

Tuition payments can be made online via the RMU website. Students should log in to Sentry Secured Services and go to Financial Status in eServices to use the ePay - PayNow option. ePay is available 24 hours a day to process credit card or check payments.

In an effort to help students meet their education expenses, Robert Morris University offers the following tuition payment options.

Payment in Full

Tuition due date for the semester. Please see online invoice for specific details.

Monthly Payment Plan

Required application must be submitted by:

  • June 15th for 10 payments
  • July 15th for 9 payments
  • August 15th for 8 payments

Once on the plan, monthly payments are due the 1st of each month, each plans final payment is due April 1st. 

Revolving Deferred Credit Agreement

Required contract and first payment, one third of the total balance, must be submitted by the tuition due date for the semester. Please see online invoice for specific details on semester deadlines for the three required payments.

Company Reimbursement Plan/Third Party Billing

The company reimbursement enrollment form, fee and company paperwork are due by the tuition due date for the term. The Third Party Billing Voucher is also due by the tuition due date for the term. Please see online invoice for specific details.

Monthly Payment Plan

The Monthly Payment Plan (MPP) allows students to pay their annual education expenses monthly, without interest, over the course of an academic year.

Eligibility

To be eligible for the Monthly Payment Plan, students must be in good standing financially.

Enrollment

To enroll in the MPP, students must be registered for the fall semester and plan to enroll in the spring semester.

The application is submitted electronically through Sentry Secured Services by clicking on the MPP button on the Financial Summary page.  All applications must be submitted with the application fee no later than August 15. The number of monthly payments will vary based on when the application is received.

Application Received By: Monthly Payments

  • June 15: 10
  • July 15: 9
  • August 15: 8

Only annual charges billed by RMU (tuition, room, board and fees) may be budgeted. Budgeting is not permitted on a semester basis.

Payment Schedule

Upon receipt of the application and application fee, the University will establish the student's budget and invoice monthly for the payments. Depending on the date the application was received, the total amount budgeted is payable in ten, nine or eight equal installments. Payments will be due by the date listed on each invoice, beginning in July, August or September prior to the academic year for which costs are budgeted.

Renewal

The MPP does not automatically renew from one school year to the next. Students must submit a new MPP application and application fee for each academic school year.

Charges and Fees

There are no interest fees or finance charges assessed with the MPP. The only cost associated with the plan is a nonrefundable $50 annual application fee to cover administrative expenses.

A $25 late fee will be charged for any monthly payment received after the due date. A $25 fee will be assessed for checks returned for any reason.  Accounts not paid in full by the plan ending date will be assessed a late fee of 1.25% per month.  

Failure to Pay

In the event that a plan participant fails to pay any installment within 15 days of the due date, enrollment in the plan will be terminated. If any default in making the payment exists, the University reserves the right to assess collection costs, employ a collection agency, list the account with a credit reporting agency and/or use any other legal means to collect the debt and assess against the student all expenses incurred, including without limitation, reasonable attorney's fees.

Example:

A student receives an invoice for the fall semester with charges totaling $10,000 and has been awarded a Pell Grant of $800, a Perkins Loan of $1,000, a PHEAA Grant of $1,650 and a Federal Subsidized Loan for $1,272. This leaves a balance due of $5,278. This amount is doubled to reflect the charges for the academic year (fall and spring), or $10,556. This annual balance is payable in 10 monthly payments of $1,055.60 each.

The student elects to participate in the Monthly Payment Plan, and submits an MPP application with the $50 application fee by June 15. The student then pays equal monthly installments of $1,055.60 due by the 1st of each month.

Revolving Deferred Credit Agreement

The Revolving Deferred Tuition Payment Plan permits students to finance two-thirds of their balance due each semester over a two-month period.

Eligibility

To be eligible for the Revolving Deferred Tuition Payment Plan, students must be registered for at least three credits per semester and be in good standing financially.

Enrollment

To enroll in the plan, students must pay one-third of the total balance due on their account and sign an Installment Contract by the tuition due date.

Renewal

Once the student has signed an Installment Contract, it is valid for future semesters unless revoked by the University. The deferment agreement can be renewed for subsequent semesters simply by mailing in the required one-third down payment and either initialing the back of the invoice or completing a deferment activation card by the tuition due date.

The deferment agreement also may be renewed online by selecting the ePay button in the Deferred Billing Information section of the Financial Status page. Check the Follow Up section after completing the ePay process for further information.

Charges and Fees

There is no application fee for this plan; however, students must enroll prior to the tuition due date in order to avoid a $100 late registration fee.

A finance charge of 15 percent will be assessed on the average daily balance. No interest will be charged to those accounts paid in full by the second installment due date. A $25 fee will be assessed for checks returned for any reason.

Example:

A student receives an invoice for the fall semester with charges totaling $10,000 and has been awarded a Pell Grant of $800, a Perkins Loan of $1,000, a PHEAA Grant of $1,650 and a Federal Subsidized Loan for $1,272. This leaves a balance due of $5,278.

To participate in the Revolving Deferred Tuition Payment Plan, the student must sign an Installment Contract and pay one-third down, or $1,760, by the tuition due date. The remaining balance of $3,518 is financed over two monthly installments of $1,759 each plus interest charges.

Company Reimbursement Plan and Third Party Billing

Robert Morris University is pleased to offer the Company Reimbursement Program for students employed at companies offering tuition reimbursement.

The program allows students to defer payment of the reimbursed portion of their tuition until approximately 30 days after the end of the semester. The balance must be paid by the final balance due date regardless of whether the student has received reimbursement from his/her employer.

Any amount not covered by the employer's reimbursement policy must be paid in accordance with regular payment policies set forth by the University.

How to Apply for Company Reimbursement

Each semester, a letter from the student's employer, a completed enrollment form and the $25 nonrefundable enrollment fee must be submitted to the Student Financial Services Office. The letter is to contain verification of the student's employment and his/her eligibility to participate in the tuition reimbursement program, provide the amount of the company's reimbursement and outline any constraints or limitations of the employer's reimbursement policy.

The above information can be sent to or dropped off at the following address:

  • Student Financial Services
  • Robert Morris University (Revere)
  • 6001 University Boulevard
  • Moon Township, PA 15108
  • Or emailed to: stacct@rmu.edu

Terms and Conditions

  • Enrollment in the Company Reimbursement Program must be completed each semester.
  • A student can prepay at any time without penalty.
  • If a student becomes unemployed for any reason, experiences a change in employment status or there is a change in the employer's reimbursement policy, the student is responsible for all tuition and fees not covered by the employer.
  • If a student withdraws from a course or from the University completely, the refund policy described in the semester Schedule of Classes and on the University website at www.rmu.edu will be in effect.
  • Prior to any refunds being issued, all other financial obligations to the University must be satisfied.
  • In the event that the balance is not paid by the due date, the University may subject the student to penalties, including but not limited to the withholding of academic records, denial of registration for future terms, late payment fees, finance charges, collection costs, reasonable attorney's fees and court costs.
  • Finance charges at a rate of 15% APR will accrue on the student's account based on the full semester balance. Students must pay finance charges only in the event that the account is not paid in full on or before the final balance due date. As long as the account remains current and is paid in full by the final balance due date, all finance charges are waived.

Third Party Billing

If an employer will pay for educational expenses regardless of grades received, a Third Party Billing Agreement may be entered into with the company/organization. To take advantage of this payment option a voucher, line of credit, purchase order or authorization to invoice will be required prior to the payment due date for each semester. The billing authorization should include the following:

  • A letter or voucher on your Company's letterhead that includes the original signature of an official authorized to obligate payment for your company/organization.
  • Itemization of the fees and chargers that the company will be responsible for paying.
  • The semester during which the company will sponsor the student. The billing authorization will only be valid for one semester.
  • The student's full name and RMU ID #.
  • Indicate the name, billing address, telephone and fax number of the contact person at the company/organization that is responsible for payment.

The above information can be sent to or dropped off at the following address:

  • Student Financial Services
  • Robert Morris University (Revere)
  • 6001 University Boulevard
  • Moon Township, PA 15108
  • Or emailed to: stacct@rmu.edu

A detailed invoice will be mailed to the third party billing address approximately 2 weeks after the start of classes. Payment is due upon receipt.

The student is ultimately responsible for their tuition and fees. If the employment status changes and/or the Third Party Source cancels this authorization, the student is responsible for the tuition and fess that are due. Any portion of the tuition and fees not covered by the Third Party authorization must be paid by the payment due date. If the balance is not paid by the payment due date, the student will be charged a late fee and may be referred to a collection agency.