Bay College offers a payment plan option for students through Nelnet Business Solutions (NBS).  The payment plan is designed for students and their families who would like to spread each semester’s tuition, fees and housing payments, less applicable financial aid awards, over monthly installments. Payments are electronically withdrawn from a savings account, checking account, or credit card according to what you choose in your Nelnet agreement. 

To participate in the NBS payment plan students must enroll on-line prior to the tuition due date. Enrollment in the plan is good for one semester. If you wish to participate in the payment plan for future semesters, re-enrollment in required. 

There is a $30 non-refundable enrollment fee per semester to participate in the payment plan, which is due upon enrollment as well as the down payment required for the enrollment period in which a student is electing enrollment.

Installment payments will be calculated by taking the total balance, deducting applicable financial aid awards and dividing the amount owed by the number of remaining installments. (Example: $1000 balance - $100 financial aid = $900 – 25% down payment of $225.00 = the remaining three installments would be $225.00 each.)

If a student receives financial aid, additional financial aid ,or scholarships after enrollment in the payment plan, the payment plan account balance will be updated and installment payments will be recalculated based on the available balance. 

Should an automatic bank payment or credit card payment be returned for non-sufficient funds, a $25 Returned Payment Fee will be automatically applied by NBS to your payment plan account. You will be notified by NBS of the returned payment via mail or email. 

For questions on your current semester payment plan please contact the Student Accounts office at cashier@baycollege.edu or (906) 217-4062 or (800) 221-2001 ext. 4062.  Students can also reach out to Nelnet Business Solutions (NBS) directly at (800) 609-8056.