Penn Payment Plan

Penn Payment Plan Overview

The Penn Payment Plan is a voluntary, interest-free, automatic installment plan designed for families who prefer to spread all, or a portion of, their educational expenses across four or five payments each semester. Enrollment in a payment plan requires a $45 nonrefundable enrollment fee per plan.

Plans are available for the fall and spring semesters, and students must re-enroll each semester via Penn.Pay, even if they previously participated in the plan. If a family member intends to set up a payment plan on a student's behalf, the student must add them as an Authorized User.

Enroll Now

Students who wish to enroll with an international bank account can set up a similar payment plan using PayMyTuition. Additional information and instructions on how to enroll and add an authorized user are below on this page.  

Enroll with an International Bank Account

2024-2025 Payment Plans

Students can choose from a four- or five-month automatic withdrawal installment payment plan:

  • The 5-month open enrollment for Fall 2024 will begin on May 15th, 2024 and close on July 12th, 2024
  • The 4-month open enrollment for Fall 2024 will begin on May 15th, 2024 and close on August 14th, 2024
  • The 5-month open enrollment for Spring 2025 will begin on October 15th, 2024 and close on December 14th, 2024
  • The 4-month open enrollment for Spring 2025 will begin on October 15th, 2024 and close on January 14th, 2025

We are unable to accept payment plan enrollments after these deadlines

Prior past-due balances must be paid in full and cannot be included in a current term plan. 

SRFS encourages students to sign up early with an estimated budget of what they will owe so they do not miss the deadline for their preferred plan. As long as the student registers for a plan by the posted deadlines, they are able to adjust their budget during the semester if charges are added or removed on the student's account.

Payment plans do not automatically adjust if charges are added or removed to the student's account. Students and authorized users are responsible for checking the student's account and adjusting the payment plan as needed. Additionally, the plans do not cancel automatically if charges for the term have been paid completely or the student has received financial aid. Please contact if you need assistance adjusting or cancelling your payment plan balance.

New Plan Option for International Students

Penn has partnered with PayMyTuition, a third-party vendor, to offer a payment plan for students using international banks. This payment plan has the same features as the plan accessed via Penn.Pay and described on this page. 

International Students Enroll Here

This will bring you to the PayMyTuition portal where you can enroll in a payment plan using your international bank account.

To have a parent or other individual make payments on your behalf, you must add them as an Authorized User after logging in to PayMyTuition. They will receive an email after you add them instructing them on how to register. 

If you need assistance, you can contact PayMyTuition directly at 1-855-663-6839 (toll-free) or through one of their support page. You can also email them at

Frequently Asked Questions