TCU Payment Options
Option A – Full Payment
Payment of a minimum 20% of total basic charges (tuition, fees, room, meal plan, and student health insurance, less approved financial aid) is required by the 1st day of the month that classes begin (August 1st for the Fall semester and January 1st for the Spring semester). The remaining net basic charges must be paid in full by the 1st of the following month (September 1st for the Fall semester and February 1st for the Spring semester), to avoid TCU’s payment plan and the associated fee.
Option B – Payment Plan
Students who do not pay the net basic charges in full by September 1st for the Fall semester and February 1st for the Spring semester will be automatically enrolled in the payment plan. Students in the payment plan will be billed for the remaining net basic charges in three monthly installments over the remainder of the semester. For example, if your remaining balance is $3,000 after the September 1st payment due date, the enrollment fee will be $50 ($3,000 x 1.66%) for the Fall semester. If your remaining balance is more than $6,000, the enrollment fee will be capped at $100 for the semester.
To avoid automatic enrollment in the payment plan and the resulting payment plan fee, net basic charges must be paid by September 1st for the Fall semester and February 1st for the Spring semester.
A payment plan enrollment fee (1.66% of the remaining balance of net basic charges OR a maximum of $100 per semester) will be assessed on the September bill for the Fall semester and on the February bill for the Spring semester.
The payment plan is an extension of credit by TCU to you. Each payment plan will not exceed three months. The student will receive a disclosure statement as required by the federal Truth in Lending Act for each term’s payment plan. The student will receive a disclosure statement in September for the Fall semester and in February for the Spring semester. The disclosure statement will show you the amount included in the payment plan and the enrollment fee required for participation in the payment plan, which will be added to the other charges due on the students account. Upon review of the disclosure statement you may cancel the payment plan within 10 days of receipt by submitting written notice to the TCU Student Financial Services office (“Cancellation Period”). If you cancel the payment plan during the cancellation period, your account will be credited for the enrollment fee. After 10 days of receipt of the disclosure statement, you may cancel the payment plan by submitting written notice to the TCU Student Financial Services office, but your account will not be credited for the enrollment fee. Your cancellation of the payment plan will not release you from your financial obligation to TCU. If you cancel the payment plan either within the cancellation period or after the cancellation period, payment in full of the unpaid basic charges for the semester will be due immediately.
Miscellaneous charges that are not part of basic charges are billed monthly and are due by the specified due date on the 1st of the month after the charges are billed.
If payment for your monthly minimum amount due is received more than 10 days after the stated due date on your monthly bill, a LATE FEE (1% of the late payment amount or a minimum of $7.50) will be assessed and charged to your account.
The payment plan described herein is only available in the regular Fall and Spring semesters and IS NOT AVAILABLE IN THE SUMMER SESSIONS. All Summer registration charges (tuition, fees, and housing) are due and payable by the due date specified on the first bill received after Summer registration occurs.
Bills are ready to view online around the 12th of each month and payments are due by the 1st of the following month. Students must “Grant Access” to view bills online to anyone responsible for paying their account. Email notifications will be sent around the 12th of each month to the student and to anyone that the student has designated. Weekends and holidays will delay the availability of the billing process to the next business day.
Initial Bills for New Students
NEW STUDENTS attending June orientation sessions will be billed for Fall charges by July 11th. A minimum of 20% of total charges must be paid by August 1st. Students attending the August orientation session will be billed for Fall charges by August 20th. These students should pay a minimum of 40% of their total charges by September 1st.
|Example of Basic Student Charges (assuming $29,000 in tuition fees, room and board). Deduct accordingly for financial aid.|
|Option A - Full Payment Plan
The student would be expected to pay a minimum of $5,800 by 8/1/18 with the remainder being done by 9/1/18 (2/1/19 for Spring).
|Option B – Payment Plan
Based on the example, the student would be expected to pay $5,800 by Aug. 1st and an additional $5,800 by September 1st and would be enrolled in the payment plan. The balance of basic charges and the $100 Payment Plan enrollment fee would be paid in 3 monthly installments of $5,833.33 each.
Payments may be made by check, cash, money order, cashier’s check, wire transfer or credit card. Online payments can be made by check or credit card. TCU accepts all major credit or debit cards. If you need to obtain your current balance, dial 817/257-7836 or check my.tcu.edu.
Credit Card Payments:
Student Account payments are only accepted on-line. TCU accepts American Express, Discover, MasterCard, or Visa. Other cards that are now accepted are Diners Club, JCB, China Union, BC Card, and DinaCard. A 2.85% convenience fee will be assessed on all credit/debit card payments. To make an on-line credit card payment click here.
Student Account payments may be made directly to TCU out of your checking or savings account. There is NO fee for paying by e-Check (ACH). To make an online ACH payment click here.
Mail Payments (including 529 plans):
Student Account payments may be mailed to TCU Financial Services, TCU Box 297077, Fort Worth, TX 76129. Please include the student’s TCU ID number.
On-line Banking Payments
Use the student’s TCU ID number as the account number.
Make the payment payable to TCU. Use the following address:
TCU Financial Services
TCU Box 297077
Fort Worth, TX 76129
Sender must provide the following information to their bank to wire a payment to TCU:
Swift Code: CHASUS33
ABA Routing #: 021000021 for JPMorgan Chase Bank
TCU Bank Account #: 1561678663
TCU Account Title: TCU Payments
Note: Please specify student name and TCU ID number.
For additional information or clarification, contact TCU Financial Services (817) 257-7836.
TCU bills on the 11th of each month unless the 11th falls on a weekend or holiday, then billing would occur the next business day.The due date is the first of the subsequent month. Billing for the Fall begins in July while Spring billing begins in December. Summer billing begins in April.
Checks returned to TCU (including ACH) are charged a $20.00 Returned Check Fee.
Returned checks must be redeemed within 10 days. Cash, cashier’s check, money order or credit card payments can be used to redeem the returned check and fee.
If a student has two returned checks posted to their account in one semester, no checks will be accepted for payment on that account for six months. Any additional returned checks would result in a permanent check ban.