Some parents prefer to pay tuition and other fees in equal monthly installments during the year. The College offers this convenience through The Tuition Payment Plan administered by SallieMae.
The College does not have an internally administered partial-payment plan.
The TuitionPay Monthly Payment Plan allows you to pay College fees in 10 equal convenient monthly payments which commence on June 1. The cost of the plan is $55.00 annually, which includes Tuition Protection Coverage.
If you have enrolled in TutionPay's ten-month payment plan, 50 percent of your contract will be credited for first semester fees and 50 percent for second semester fees. Even though the College credits the entire semester contract amount directly to the student's account, Kenyon only receives money from SallieMae as they receive payments from their clients. As a result, contracts must be kept current. All contracts, regardless of the date of enrollment, must be paid in full by March 1 of each academic year. Contracts that are delinquent by two payments will be terminated, with late fees, by SallieMae. Terminated accounts will also be assessed a one and a half percent late payment penalty by the College, with the balance of the contract due immediately.
For additional information you may contact Student Accounts or SallieMae directly at 1-800-635-0120.