Scenarios
The following are billing and payment scenarios to help students and their families better understand how the Southern's Payment Plan functions.
Scenario 1
You're enrolled in a 4 pay plan for a total of $4,000. You have made your 1st installment payment plus the $45.00 enrollment fee and have 3 installments of $1,000 remaining. You decide to purchase a commuter meal plan, for $225.00. The $225.00 will automatically be evenly distributed amongst the 3 remaining installments, bringing each installment to $1,075. The student account will be recalculated and automatically adjust for the additional charge. An email notification will immediately be sent to the student and any authorized users about the adjustment.
| Remaining Installments | Before Adding Meal Plan |
After Adding Meal Plan |
| 2 | $1,000 | $1,075 |
| 3 | $1,000 | $1,075 |
| 4 | $1,000 | $1,075 |
Scenario 2
You're enrolled in a 4 pay plan for a total of $4,000. You have made your 1st installment payment plus the $45.00 enrollment fee and have 3 installments of $1,000 remaining. After your second installment payment of $1,000, you decide to increase the payment amount to $1,500 for your third installment payment. The $1,500 covers the amount due for the third installment as well as a portion of the fourth installment, bringing the final installment to $500. The student account will be recalculated and automatically adjusted for the payment received. An email notification will immediately be sent to the student and any authorized users about the adjustment.
| Remaining Installments | Before Overpayment |
After Overpayment |
| 3 | $1,000 | $1,500 |
| 4 | $1,000 | $500 |
Scenario 3
You're enrolled in a 4 pay plan for a total of $4,000. You have made your 1st installment payment plus the $45.00 enrollment fee and have 3 installments of $1,000 remaining. You apply for a scholarship award for text books and expenses. Your scholarship of $900 has been granted. The $900 scholarship credit will be evenly distributed amongst the remaining 3 installments, bringing each installment to $700. The student account will be recalculated and automatically adjusted. An email notification will immediately be sent to the student and any authorized users about the adjustment.
| Remaining Installments | Before Scholarship |
After Scholarship |
| 2 | $1,000 | $700 |
| 3 | $1,000 | $700 |
| 4 | $1,000 | $700 |