Penn Payment Plan
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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 $50 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.
2025-2026 Payment Plans
Payment Plan Schedule:
Students can choose from a four-or-five-month automatic withdrawal installment payment plan:
| Semester | Payment Plan Option | Enrollment Deadline | Open Enrollment Period | Installment Due Dates | First Payment Due | Student Statement Available |
| Summer 2025 | 3-month | May 14, 2025 | April 21, 2025 – May 14, 2025 | *May 15 *June 15 *July 15 | May 15, 2025 | May 6, 2025 |
| Fall 2025 | 5-month | July 14, 2025 | May 15, 2025 – July 14, 2025 | *July 15 *Aug. 15 *Sept. 15 *Oct. 15 *Nov. 15 | July 15, 2025 | July 8, 2025 |
| 4-month | Aug 14, 2025 | May 15, 2025 – Aug 14, 2025 | *Aug. 15 *Sept. 15 *Oct. 15 *Nov. 15 | Aug. 15, 2025 | July 8, 2025 | |
| Spring 2026 | 5-month | Dec 12, 2025 | October 15, 2025 – Dec 12, 2025 | *Dec. 15 *Jan. 15 *Feb. 15 *Mar. 15 *Apr. 15 | Dec. 15, 2025 | Dec. 2, 2025 |
| 4-month | Jan 14, 2026 | Oct 15, 2025 – Jan 14, 2026 | *Jan. 15 *Feb. 15 *Mar. 15 *Apr. 15 | Jan. 15, 2026 | Dec. 2, 2025 |
Note: International Payment Plan dates vary from the schedule above. Please refer to the International Payment Plans for specific dates.
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 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.
2025-2026 International Payment Plans
Payment Plan Schedule:
Students can choose from a four- or five-month payment plan:
| Semester | Payment Plan Option | Enrollment Deadline | Open Enrollment Period | Installment Due Dates | First Payment Due | Student Statement Available |
| Summer 2025 | 3-month | April 30, 2025 | April 22, 2025 – April 30, 2025 | *May 1 *June 1 *July 1 | May 1, 2025 | May 6, 2025 |
| Fall 2025 | 5-month | July 14, 2025 | June 23, 2025 – July 14, 2025 | *July 15 *Aug. 15 *Sept. 15 *Oct. 15 *Nov. 14 | July 15, 2025 | July 8, 2025 |
| 4-month | Aug 14, 2025 | Jun 23, 2025 – Aug 14, 2025 | *Aug. 15 *Sep.t 15 *Oct. 15 *Nov. 14 | Aug. 15, 2025 | July 8, 2025 | |
| Spring 2026 | 5-month | Dec 12, 2025 | Nov 24, 2025 – Jan 14, 2025 | *Dec. 15 *Jan. 15 *Feb. 16 *Mar. 16 *Apr. 15 | Dec. 15, 2025 | Dec. 2, 2025 |
| 4-month | Jan 14, 2026 | Nov 24, 2025 – Jan 14, 2026 | *Jan. 15 *Feb. 16 *Mar. 16 *Apr. 15 | Jan. 15, 2026 | Dec. 2, 2025 |
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.
International students enroll here with an international bank account
You will be charged a $50 enrollment fee when you sign up each semester. Our vendor assesses a 2.95% convenience fee for domestic credit card payments. The convenience fee for international credit card payments is 4.25%. Beginning in May 2025, the credit card fee for domestic payments will be 3%. There are no fees for electronic payments made from checking or savings accounts (ACH payments).
The credit card convenience fees are charged by the payment vendor, not Penn, so Penn does not receive any portion of those fees.
Within Penn.Pay, click on the “Payment Plans” tab and select “Enroll in Payment Plan.” You will be prompted to confirm the plan details and the amount you wish to budget. After you input your payment method, you can review your Payment Plan Agreement and finalize your plan.
Students who intend to use an international bank to make payments should sign up via PayMyTuition using the instructions on this page.
A plan can be initiated by either the student or by an Authorized User. Authorized Users can make payments on a plan that their student has set up, but a student cannot make a payment on a plan set up by an Authorized User. Banking information is confidential and only the user will be able to see and access this information. Multiple Authorized Users can enroll in the same student's payment plan.
International students using PayMyTuition for their payment plan can also add Authorized Users after logging in. They will receive an email after you add them instructing them on how to register.
Students and their Authorized Users can make changes to their payment plan within Penn.Pay. You will be responsible for any balance due on your student account after your Payment Plan has been modified or canceled.
Students and Authorized Users cannot cancel their payment plan. Please contact budgetpl@pobox.upenn.edu to request for your payment plan to be canceled.
Yes. When you enroll, you will be required to enter either a checking/savings account or credit card number that will be used to automatically withdraw funds on your installment due dates. The payment method you choose will be used for the all scheduled payments.
If you would like to switch from one checking/savings account to another or switch from a credit card payment to a checking/savings account, you can add a new payment method within Penn.Pay. You can do this under the “Payment Profile” tab. After that, you can select the new payment method under the “Payment Plans” tab.
You are not able to switch from one credit card to another credit card or from a checking/savings account to a credit card.
529 Plan payments should include a note that the funds are being used to pay off your Payment Plan. These payments must be received 5-7 business days prior to the due date to allow processing/posting to the Payment Plan.
Payments via 529 Plan should be sent to:
University of Pennsylvania
Student Accounts/Penn Payment Plan
Room 221 Franklin Building
3451 Walnut Street
Philadelphia, PA 19104-6270
