NELNET is a tuition management plan that provides you with a low-cost option for budgeting tuition and fees. It is not a loan program. You have no debt, there are no interest or finance charges assessed, and there is no credit check. The cost to budget monthly payments through NELNET is a $25.00 per semester nonrefundable NELNET Enrollment Fee. The NELNET Enrollment Fee is automatically deducted from your account immediately.
You may pay your tuition and fees in the following ways:
- Automatic Bank Payment (ACH) - ACH payments are those payments you have authorized NELNET to process directly from your financial institution.
- Credit Card – Your monthly payment will be automatically charged to the credit card designee.
Upon your completion of the NELNET payment plan online, you will receive a confirmation email. Payments are processed on the 5th of each month and will continue until the balance is paid in full.
To Enroll in NELNET
Do not make payments through "Make a Payment" on My MTC.
The following information is needed to complete your agreement:
- The name and e-mail address of the person responsible for making the payments. (This person will receive an email with information for setting up their account.)
- Account information:
If paying by automatic bank payments, you will need the bank name, account number, and the bank routing number. Most of this information is located on your check. Be sure to not use a deposit slip for this information.
If paying by credit card, you will need the credit card number and expiration date.
Termination of NELNET Payment Plan
To terminate your NELNET Payment Plan, you must go to the Cashier's Office on any campus to sign a NELNET Change of Status form five business days prior to payment due date. Your plan cannot be terminated without your signature. Termination of your plan may be necessary should your Financial Aid Award change.