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Installment Payment Plan for Fall 2020 Vancouver Bursar Office Updated May 2020
Installment Payment Plan
for Fall 2020
Vancouver Bursar Office
Updated May 2020
Before starting, please read the below information carefully:
1. The Installment Plan is available to students with good payment records at NYIT;
2. The link is available in Cashnet, your NYIT Student Account;
3. It must be set up in USD;
4. The Enrollment Fee of USD$35.00 is charged in the first installment;
5. The first installment must be paid on the day you enroll in the plan;
6. The Bursar Clearance Hold is removed within 24 hours after the first installment payment is
posted to your account;
Late fees:
o USD$10.00 per instalment charged by CASHNet after 10 days;
o USD$370.00 non-refundable fee could be applied by NYIT any time after the due date of
an unpaid installment;
Payment methods for the plan:
o USD Credit Card (CASHNet): incur a convenience fee of 4.25% + exchange rate based on your credit card;
o Flywire: USD converted to another currency by using Flywire exchange rate;
Number of installments:
o 5 if you enroll in the plan by June 14;
• Payments: on the day you enroll | July 15 | August 15 | September 15 | October 15
o 4 if you enroll in the plan between June 15 and July 14.
• Payments: on the day you enroll | August 15 | September 15 | October 15
o 3 if you enroll in the plan between July 15 and August 14.
• Payments: on the day you enroll | September 15 | October 15
o 2 if you enroll in the plan between August 15 and September 14.
• Payments: on the day you enroll | October 15
1. Check how much you need to pay in USD for the Fall 2020 term.
2. Check your account Current Balance:
• If you have a positive amount: pay your outstanding balance before enrolling in the Installment
Plan
• If you have a negative amount: subtract the amount from the total fee to be paid
Enrollment Instructions
3. Click on “Enroll in the Fall 2020 Installment Plan”.
4. Enter the total amount you want to enroll in Payment Plan in USD.
5. Read the Installment Plan details, Terms and Conditions.
6. Check the payment schedule.
7. If you are ready to enroll, check the agreement box and accept.
Pay on the day you enroll in the plan. Includes USD$35.
8. Enter “Student Date of Birth” (month/day/year).
9. Enter “Phone Number”.
10. Choose payment method.
Credit card charged in USD only. Convenience fee of 4.25% Only for bank accounts in the United States
You choose the currency according to the country where de money is coming
Flywire Support:
If you have questions about how to use Flywire, please contact the Flywire Payer Support:
• By email: https://help.flywire.com/hc/en-us/requests/new
• By phone: https://www.flywire.com/company/contact#contact-numbers
• By live chat: Flywire payment page (bottom right)
Installments Payment Instructions
• Never go directly to Flywire website to pay for an installment. Payment must be initiated and submitted through CASHNet to Flywire.
• Note that Flywire payments take up to 5 business days to be posted in your student account.
• We recommend you to pay around 5 business days BEFORE the due date.
• 1. Click on “Make Payment”:
2. Click on "Make Payment Plan Payment here ( Fall 2020: due by _______)”
3. Click on “Proceed”
4. Click on “Checkout”
5. Choose payment method:
Refer to page 10 if you need support from Flywire.
Credit card charged in USD only. Convenience fee of 4.25%
Only for bank accounts in the United States
You choose the currency according to the country where de money is coming
If you have more questions about the Installment Plan, please contact Lillian or Débora @
Vancouver Bursar Office by email: [email protected].
Thank you!
