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Payment Options

Tuition Payment Plans & Options

It’s nice to have options when it comes to paying for college tuition -- and Franklin offers plenty of them. In addition to financial aid, we offer installment payment plans, deferred tuition reimbursement and direct company billing. Plus, we make it convenient to make payments online through myFranklin.

Important Dates & Deadlines

All business-related forms should be submitted to the Business Office prior to the first day of class. All documents and forms may be submitted by email, fax, or USPS mail.

Scheduled Payment Plans

How it works:

Avoid late payments with Franklin’s installment payment plan. With this plan, you make monthly payments throughout the trimester without having to pay your full tuition balance at the beginning of the term.

Who can use it:

You’re eligible for this payment plan if you:

  • Personally pay for any portion of your tuition and fees, and
  • Cannot pay your balance before the first day of classes.

How do I apply:

Each trimester, log in to myFranklin and submit an enrollment application along with a $35 application fee. 

When do I apply:

Although we accept applications throughout the trimester, you are responsible for interest charges (18% APR) accrued on outstanding tuition balances if you submit your application more than 30 days after the beginning of the trimester.
 

Deferred Tuition Payment

How it works:

If your employer offers tuition reimbursement benefits, Franklin can defer your tuition payment for the current trimester. Once grades are posted and your employer makes payment to you, log in to myFranklin to make your tuition payment.

Who can use it:

You’re eligible for this payment plan if your employer pays for college coursework through an employee tuition reimbursement program.

How do I apply:

You must obtain proper authorization from your employer. Visit myFranklin to download, complete, and submit Franklin’s Employer Tuition Reimbursement application. You must submit an application each term that you want to defer your tuition payment.

When do I apply:

Although we accept applications throughout the trimester, you are responsible for interest charges (18% APR) accrued on outstanding tuition balances if you submit your application more than 30 days after the beginning of the trimester.

Direct Company Billing

How it works:

With this option, your employer or other agency pays your college tuition directly to Franklin. Please submit a letter of credit or voucher to Franklin’s Business Office. 

Who can use it:

Like employer tuition reimbursement, you’re eligible for this payment plan if your employer offers to pay Franklin for your college education.

How do I apply:

Have your employer contact Franklin’s Business Office for participation details.

When do I apply:

Submit a letter of credit or voucher to the Business Office before the start of classes each trimester.

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Ways To Pay

Students may pay their tuition balance with a MasterCard®, Visa®, Discover®, AmericanExpress®, personal check, cashier’s check, money order, or international funds transfer. Payments can be made online through their MyFranklin/WebAdvisor account with a checking or savings account, debit or credit card information, or wire transfer for foreign currency. 
 
If you are paying with a credit/debit card, then a convenience fee will be assessed. To avoid the convenience fee, please pay using the electronic check option which will ask for your checking/savings account & routing number.
 
If an employer or agency is paying Franklin directly, the student can submit a letter of credit or voucher directly to the Business Office.

All tuition and fees are due by the first day of class. In the event a student is unable to pay their full balance by the deadline of the first day of class, a student is able to enroll in a monthly installment plan administered by the University. This installment plan allows students to break up their balance for the term into monthly payments to avoid administrative restrictions on their accounts and potential finance charges.
 
Students can also pay their accounts online with CASHNet. The University has provided a secure server so students can safely make financial transactions on the site. This service offers the following flexible online payment options:

  • Credit card payments
  • Payments from your checking or savings accounts
  • Monthly payments from your credit card, checking, or savings accounts using the "My Payment Plan" option

Students can access this site by logging into myFranklin.  Click on the Shortcuts Tab and select WebAdvisor. Then, under Financial Information, click "View My Account Balance and Payment Options".

Additional Information

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