The University of Southern Mississippi implemented a new payment policy effective Fall 2019 in an effort to
Students who have a balance after their anticipated financial aid is calculated can choose two payment options:
IMPORTANT NOTE: Class schedules will be subject to cancellation for students who do not meet the payment deadline set for each term.
Frequently Asked Questions:
Where can I find more information about the Installment Payment Plan?
You can visit our page, Installment Payment Plan.
Where can I find the remaining balance owed after all anticipated financial aid is taken into consideration?
Log into SOAR and click on Student Dashboard > Student Account > What I Owe
When can I fill out my FAFSA for the 2021/2022 academic year?
Now! You can complete it online through FAFSA.
Where can I sign up for the payment plan?
Students can sign up for the payment plan by clicking the "Make a Payment" link on SOAR once tuition and fees have posted.
Once I enroll in the payment plan, will it keep me enrolled for every semester?
No, you will need to enroll each semester in SOAR.
Is the $50 enrollment fee a one-time fee?
No. The enrollment fee is charged for each semester the student is enrolled in the plan. This fee is charged by CashNet, the third-party vendor which provides the installment plan service.
What happens if I have a set amount for my payment plan installments, then I charge items during the semester?
Any changes made to the payment plan balance will cause an increase or decrease in the remaining payments to cover the new balance. You will be required to agree to this change before making the payment.
How will I know when my payment is due with the installment plan?
We post the dates here on the website and CashNet will send payment reminders.
What happens if I miss a payment in my installment plan?
You will be charged a $10 late fee by CashNet once the payment becomes 15 days late. If two consecutive payments are missed, you will be removed from the payment plan and charged any applicable late fees. If you are removed from the payment plan for non-payment you will not qualify for enrollment in the payment plan for the following semester.
Why is USM creating this payment policy?
Other universities in the state and region require students to pay their balances in full or enroll in a payment plan with the first installment due prior to the start of classes. This policy ensures students are fully aware of the costs for each semester and that they are prepared to pay them before starting the semester. This helps students avoid debt they cannot manage.
Where can I get information about my financial aid?
Is there a place I can find more information about scholarships I can apply for?
What if I am selected for verification after I complete my FAFSA by the deadline? Will my aid not be considered in my bill for the fall semester?
To be considered in your payment calculation, all documentation (including verification
paperwork) must be received by Financial Aid no later than July 1, 2021.
What is the best way to pay if I am an international student?
Please visit our International Wire Transfers page for more information.
What if there is an overpayment on my account?
Please visit our Refunds page for more information regarding student refunds.