Payment Policy
Tuition, fees, housing, meal plans, and other charges not covered by a payment plan or posted anticipated aid are due by the published semester due date. Additional charges incurred after the due date are due by the date posted on Workday Student. Students who fail to make a satisfactory financial arrangement by the due date are subject to administrative action, including but not limited to late fee assessments; disenrollment from current and future courses; registration, diploma, student record, and canvas access holds and, collection agency assignment.
Balances paid after the due date will result in a Late Payment Fee of at least $550.00.
If assigned to a collection agency, the student will be responsible for the additional collection agency fee, which may be a maximum of 35% of the debt assigned to the agency, in addition to all costs and expenses, including reasonable attorney’s fees incurred by Stevens, necessary for the collection of the debt.
Outside Scholarship Checks
- Outside Scholarship checks must be made payable to Stevens Institute of Technology. Please include the name and CWID of the student on checks and award letters. We are unable to process checks made payable to the student.
- Funds will be applied to the semester(s) specified in the scholarship award letter.
- Scholarships received without application instructions will be split equally between the Fall and Spring semesters.
- Scholarships received from external organizations may affect your financial aid eligibility. Please contact the Office of Financial Aid (financialaid@stevens.edu) for more information.
- Mailing Address:
Stevens Institute of Technology
ATTN: Student Accounts
Wesley J. Howe Center
1 Castle Point Terrace, First Floor
Hoboken, NJ 07030
eCheck & Credit Card Online Payments
eChecks
eCheck transactions are electronic withdrawals from either your checking or savings bank account. Payment by eCheck can be made by students (via Workday Student) and their Authorized Party* (via Authorized Party Portal) online. There are no fees associated with this payment method.
Credit Cards
Payment by credit card can be made by students (via Workday Student) and their Authorized Party* (via Authorized Party Portal) online. A non-refundable service fee of 2.85% will be added to your payment.
*Students must first set up their profile with Nelnet and then add an Authorized Party allowing their parents, spouse, guardians, or other third parties to view account activity, make payments, and set up payment plans on their behalf. Students can access Nelnet through the Finances application on Workday Student. How to Set Up Authorized Party?
Nelnet Payment Plan
Stevens offers an interest-free payment plan through Nelnet for a $30 enrollment fee per semester. Our plan offers the flexibility to increase or reduce your plan budget using the online portal. Payment plan enrollment and management can be done online by students (via Workday Student) and their Authorized Party* (via Authorized Party Portal).
**Students must first set up their profile with Nelnet and then add an Authorized Party allowing their parents, spouse, guardians, or other third parties to view account activity, make payments and set up payment plans on their behalf. Students can access Nelnet through the Finances application on Workday Student.
Please contact Nelnet for plan details at 800-609-8056 and visit the Nelnet website for helpful information.
For additional information about payment plans visit our payment options page.
International Wire Transfer Payments
Stevens and Nelnet have partnered with Flywire to streamline the tuition payment process for our international students. Payment by Flywire can be made by both students (via Workday Student) and their Authorized Party* (via Authorized Party Portal) online.
By making your payment with Flywire you can:
- Track your payments from start to finish
- Save on bank fees and exchange rates
- Contact their multilingual customer support team with any questions, day or night
If you have questions about making an international payment, visit https://www.flywire.com/help.
*Students must first set up their profile with Nelnet and then add an Authorized Party ;allowing their parents, spouse, guardians, or other third parties to view account activity, make payments and set up payment plans on their behalf. Students can access Nelnet through the Finances application on Workday Student.
International PayMyTuition
Stevens Institute of Technology has partnered with PayMyTuition for international payments. With PayMyTuition, you can pay your tuition payments from any bank, in any country, in any currency, at better than bank exchange rates. For more information, click here.
Payments using an international bank account (bank wire/transfers) or international credit cards through PayMyTuition can take between 4 to 7 business days to post on your student account. Please plan ahead or consider other payment methods as the tuition payment deadline approaches.
The Employer Tuition Reimbursement Bridge Plan (ETRBP) option is available to graduate students who are covered under their employer provided tuition reimbursement plan and are in good financial standing (no prior balances), for a non-refundable of $150 fee. This plan is to assist students in “bridging the gap” between the Stevens Institute of Technology tuition due date and their employer reimbursement.