Financial Policies – Payment Options, Payment Terms

Payment Terms

Students enrolled in Fall Semester 2026 must have an approved payment plan in place or pay their bill in full by July 31, 2026. Likewise, students enrolled in Spring Semester 2027 must have an approved payment plan in place or pay their bill in full by December 15, 2026. Exceptions to these deadlines are possible only if financial aid is still pending, as long as all requested information has been submitted. If all requested documents have not been submitted to the Financial Aid Office by July 31st or December 15th, the remaining balance is due immediately.

Payment Options

You may choose one, all, or any combination of the following:

PLAN ONE: Pay net amount due by July 31st for the fall semester or by December 15th for the spring semester. Net amount due represents total charges, less any scholarships, grants, or campus- administered loans confirmed by the Financial Aid Office. IWU accepts VISA, DISCOVER, MASTERCARD and AMERICAN EXPRESS. Online payments may be paid through the secure student portal by selecting ‘Pay on My Account’ located in the student account information. Please note: Effective July 1, 2014 a 2.5% convenience fee will be assessed with all credit card payments.

PLAN TWO: Pay net amount using any Federal Direct Loan or Parent PLUS loan. All paperwork must be received in the Financial Aid Office by July 1 for the fall or December 15 for the spring. THIS IS VERY IMPORTANT!

PLAN THREE: Enroll in a tuition payment plan that spreads net amount due over each semester. IWU partners with ACI Payments to offer the multiple tuition payment plans noted in the chart below. Spring tuition payment plans can be arranged at the same time as fall tuition payment plans or immediately prior to spring semester.