If you know in advance that you will owe a balance not covered by financial aid, you have the option to sign up for the quarterly payment plan, to spread payments out over the quarter. If you owe a balance you were not expecting, and you have spoken with Financial Aid and determined you cannot receive aid to pay toward the balance, we recommend you contact Student Accounts to talk about your options, as it may be possible to arrange to pay monthly installments toward your balance. Account balances can prevent you from being able to register for classes for the next quarter, so if you have a balance, we recommend contacting Student Accounts as soon as possible, to find out your options.
If you owe a balance and you have stopped attending Central, we will send a Final Notice letter and you will be contacted by our business partner, OnPlanU, to let you know that you have 30 days to pay your balance in full or accept a monthly payment plan with them (the payment plans are set up through the OnPlanU website). If you do not accept a monthly payment plan and your balance remains unpaid after that 30 days has passed, Central will need to turn your account over to a collection agency, and the agency will contact you regarding your debt. Please be advised that if your account is sent to collections, your balance will increase by at least 30% for the agency’s collection fees.