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 $50 nonrefundable enrollment fee per plan.

Plans are available for the fall, spring, and summer 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 on Penn.Pay Now

 New Payment 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 plan is intended for students who will only pay the payment plan installments through PayMyTuition. This payment plan is not compatible with payments through other wire platforms or US bank accounts.

 More Information about the International Payment Plan

2025-2026 Payment Plans 

Payment Plan Schedule: 

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

SemesterPayment Plan OptionEnrollment DeadlineOpen Enrollment PeriodInstallment Due DatesFirst Payment DueStudent Statement Available
Summer 20253-monthMay 14, 2025April 21, 2025 – May 14, 2025*May 15
*June 15
*July 15
May 15, 2025May 6, 2025
Fall 20255-monthJuly 14, 2025May 15, 2025 – July 14, 2025*July 15 
*Aug. 15 
*Sept. 15
*Oct. 15
*Nov. 15
July 15, 2025July 8, 2025
 4-monthAug 14, 2025May 15, 2025 – Aug 14, 2025*Aug. 15 
*Sept. 15
*Oct. 15
*Nov. 15
Aug. 15, 2025July 8, 2025
Spring 20265-monthDec 12, 2025October 15, 2025 – Dec 12, 2025*Dec. 15 
*Jan. 15
*Feb. 15
*Mar. 15
*Apr. 15
Dec. 15, 2025Dec. 2, 2025
 4-monthJan 14, 2026Oct 15, 2025 – Jan 14, 2026*Jan. 15
*Feb. 15
*Mar. 15
*Apr. 15
Jan. 15, 2026Dec. 2, 2025

Note: International Payment Plan dates vary from the schedule above. Please refer to the International Payment Plans for specific dates.

Frequently Asked Questions