Huskie Installment Plan (HIP)
The Huskie Installment Plan (HIP) is a payment option designed to provide budgetary assistance in meeting NIU students’ semester educational expenses. Through HIP, instead of making a lump sum payment at the beginning of each term, you can spread your NIU semester expenses over four equal monthly payments.
Estimate your HIP installment amounts with our NIU Planning & Cost Estimator.
Your account charges (including the participation fee), less any pending financial aid awards, will be divided equally into four monthly installments. If you have prior term charges of less than $500, the prior balance amount will be spread evenly over the four installments in addition to the new charges.
For fall semester, initial billing for HIP is in July. The first installment is due in August. The remaining three installments will be due in September, October and November. For spring semester, initial billing for HIP is in December. The first installment is due in January and the remaining installments due in February, March and April (see Billing and Due Dates section).
Any new charges you may incur after enrollment in HIP will be evenly spread over the remaining unbilled installments. For example: if you add a class after the initial installment billing in July, the charges relative to the added class will be evenly spread over the remaining three installments; or, if a parking fine is added to your account after the second installment billing, this fine will be evenly spread over the remaining two installments.
Reductions to your charges will be treated the same as increases to charges. If you have a reduction of charges (e.g., from dropping a class or waiving student medical insurance) after the first installment billing, this reduction of charges will reduce the remaining unbilled installments equally.
Enrollment in HIP is on a per semester basis. You will need to complete and submit an application for each semester you wish to participate. A non-refundable participation fee of $50 per semester is required for enrollment in HIP. This fee will be divided equally into the four monthly installments.
Early application is recommended. To participate in the four month budget plan, applications must be received by the Bursar’s Office no later than June 30th for fall semester enrollment and no later than November 30th for spring semester enrollment.
Submit applications by mail to:
Office of the Bursar
Northern Illinois University
1425 W. Lincoln Highway
DeKalb, IL 60115-2828
Or by fax at 815-753-0491
HIP Due Dates
|Fall 2016 Initial Statement||07/15/2016||08/15/2016|
|Spring 2017 Initial Statement||12/09/2016||01/09/2017|
Payment of each installment is to be made by the payment due date; however, you can pre-pay an installment or pay more than the installment.
Monthly billing statements will be issued by mail in advance of each payment due date. You can also view your HIP installment schedule on MyNIU . Monthly installments are due whether or not you receive a bill. Late fees and holds on your records may apply if you pay less than the total amount due by the due date or if your payment is returned by the bank. Read more about fees and holds.
If you pay less than the total installment by the due date, a $25 late payment fee will be assessed to any unpaid amount of $25 or more. The late payment charge will be evenly added to the remaining unbilled installments. If you have past due installments of $500 or more after the third installment due date, a hold will be placed on your records prohibiting the student from registering and receiving transcripts.
If you pay all installments except the fourth installment, the $25 late payment fee will be assessed to your account and you will be prohibited from participating in HIP for the next term. Additionally, if any unpaid installment amount of $500 or greater is remaining after the fourth due date, a hold prohibiting future registration and receipt of transcripts will be placed on the student’s records.
A charge of $25.00 will be assessed to your account for any returned payment by the bank. If the returned payment results in a late payment, a late payment fee may also be charged.
It is your responsibility to notify the Bursar’s Office of any billing address changes as soon as possible. This notification can be done by sending an e-mail to the Bursar Office (firstname.lastname@example.org) via your NIU e-mail account, or completing a form in the Bursar’s Office.
Refunds of credit balances resulting from monies paid to the plan will be handled according to the university’s refund policy .
You may withdraw from the plan at any time by submitting a written notice to the Bursar’s Office; however, the participation fee of $50 is non-refundable. The regular university tuition payment policy will then apply to any outstanding balance remaining on your account at the time of withdrawal.