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Your life
with a little
less stress.
Payment Plan Benefits
Easy online enrollment
Flexible payment options
No interest
Make College Easier to Pay For with a Tuition Payment Plan.
Make college more affordable by paying for tuition and fees over time. Tuition payment plans break down your tuition balance into affordable monthly payments. There’s no interest, payment options are flexible, setup fees are affordable, and it’s easy to enroll!
Payment Plan Information
Payment Methods
- Automatic bank payment (ACH)
- Credit card/debit card (An additional fee may be assessed)
Cost to Participate
- Your only cost is a small enrollment fee:
- $60 for the 4 monthly payments
- $70 for the 3 monthly payments
- $75 for the 2 monthly payments
- Up to $30 returned payment fee if a payment is returned
Sign up early to maximize the benefit of spreading your payments over the maximum amount of months for the lowest enrollment fee.
Payers must have 50% of their tuition paid and be current on the payment plan prior to the guarantee date. If not, the payment plan will be terminated on the guarantee date. All funds collected will be remitted to the institution.
If additional classes are added after enrollment in the payment plan, payers must ensure that at least 50% of the updated tuition balance is paid by the guarantee date to remain eligible.
Online payments will not be allowed within one week of the guarantee date.
Steps for students to log in
Students:
- Go to www.mga.edu
- Log on to SWORDS
- Select the Student tab
- Click Student Account
- Click Nelnet Payment Plan
Steps for authorized payers to log in
Authorized Payers:
- If you are paying on behalf of the student, the student must set up their account first and then add you as an Authorized Payer.
- Log in here after your student sets you up as an Authorized Payer
Need some help setting up a payment plan?
*Note: This video tutorial is for demonstration purposes only. Your educational institution may offer options other than those shown in the video.
Target Dates To Enroll By
Summer 2025
Payment plan available on March 1, 2025
Guarantee Date: 06/02/2025
Last day to increase: 05/29/2025
Last day to decrease/terminate: 06/27/2025
Last Day to Enroll Online | Required Down Payment | Number of Payments | Months of Payments | Enrollment Fee |
---|---|---|---|---|
April 3 | none | 4 | April-July | $60 |
April 17 | none | 4 | April-July | $60 |
April 24 | 25% | 3 | May-July | $70 |
May 9 | 25% | 3 | May-July | $70 |
May 26 | 50% | 2 | June & July | $75 |
May 26 | 50% | 2 | June & July | $75 |
May 26 | 50% | 1 | July only | $75 |
May 26 | 50% | 1 | July only | $75 |
Fall 2025
Payment plan available on May 22, 2025
Guarantee Date: 8/29/2025
Last day to increase: 08/22/2025
Last day to decrease/terminate: 09/24/2025
Last Day to Enroll Online | Required Down Payment | Number of Payments | Months of Payments | Enrollment Fee |
---|---|---|---|---|
July 2 | none | 4 | July-Oct | $60 |
July 17 | none | 4 | July-Oct | $60 |
July 23 | 25% | 3 | Aug-Oct | $70 |
Aug 11 | 25% | 3 | Aug-Oct | $70 |
Aug 19 | 50% | 2 | Sept & Oct | $75 |
Aug 19 | 50% | 2 | Sept & Oct | $75 |
Payments are processed on the 5th or 20th of each month
NOTE: All down and full payments are processed immediately!
Maximum Amount to Budget
The maximum amount you may budget is $5500, any amount over this will be added to your down payment.
Balance Adjustments
Please do not assume your balance will automatically be adjusted if financial aid is received or a class is dropped or added. You should review your agreement balance online.