Bay College offers a convenient payment plan through Nelnet Business Solutions (NBS), allowing students and their families to spread eligible semester expenses—including tuition, fees, and housing charges—into manageable monthly payments after applicable financial aid has been applied.
Payments are automatically deducted from the payment method you choose when enrolling, including a checking account, savings account, or credit card.
Enrollment
Students can access the Nelnet payment plan through their Experience account. To participate, students must enroll online before the tuition due date. Enrollment is valid for one semester only. Students who wish to use the payment plan in a future semester must enroll again for that term.
A $30 non-refundable enrollment fee is required each semester and is due at the time of enrollment, along with any required down payment based on the enrollment period.
How Payments Are Calculated
Monthly installment amounts are determined by:
- Calculating your total semester charges.
- Subtracting applicable financial aid and scholarships.
- Applying any required down payment.
- Dividing the remaining balance into the number of scheduled monthly payments.
Example:
- Total balance: $1,000
- Financial aid: $100
- Remaining balance: $900
- 25% down payment: $225
- Remaining balance: $675
- Three monthly installments: $225 each
If additional financial aid or scholarships are applied after you enroll in the payment plan, your payment plan balance will be updated automatically, and your remaining installment amounts will be recalculated based on the new balance.
Returned Payments
If an automatic payment is returned due to non-sufficient funds or another payment issue, Nelnet Business Solutions will assess a $25 returned payment fee to your payment plan account. Nelnet will notify you of the returned payment by email or mail.
Questions?
For questions about your current semester payment plan, contact the Student Accounts Office at [email protected], (906) 217-4062, or (800) 221-2001 ext. 4062.
For assistance with your Nelnet payment plan, you may also contact Nelnet Business Solutions directly at (800) 609-8056.