Penn Payment Plan

Spring 2024

Enrollment will open for the Spring 2024 Penn Payment Plan within  Penn.Pay. on October 15, 2023.

For the Spring 2024 term, students can choose from a 4 or 5 month automatic installment payment plan:

  • The enrollment deadline for the five-month plan is December 14, 2023 and the first payment date is December 15, 2023.
  • The enrollment deadline for the four-month plan is January 14, 2024 and the first payment date is January 15, 2024 
  • We are unable to accept payment plan enrollments after these deadlines

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.

The 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.

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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, even if they previously participated in the plan. If a family member intends to set up a payment plan a student's behalf, the student must add them as an Authorized User in Penn.Pay.

Payments are deducted automatically each month.

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

Students can enroll (during the enrollment period), review the status of their current payment plan, and make adjustments to their current payment plan on Penn.Pay.

Frequently Asked Questions