What is a Tuition Installment Plan or TIP?
The Tuition Installment Plan (TIP) is an alternative to student loans that allow students to pay for college over time. Students who could benefit from TIP are those who pay out-of-pocket or are waiting for third-party funding and need an alternative to student loans.
Upon registering for classes, our Student Financials Accountant will personally set up your contracts, payments, and walk you through your plan.
If you set up your plan during early registration, your total tuition and fees will be divided into thirds. Later registration dates may lead to fewer payments (higher amounts). There is a one-time, non-refundable enrollment fee of $25. Late payments are assessed a one-time, non-refundable late fee of $30 per late payment.
Contact Us
253-589-5651
TIP@cptc.edu
Building 17, Room 141
Lakewood Campus
See Office Hours at https://www.cptc.edu/hours
TIP Important Dates |
Spring 2023 | Summer 2023 | Fall 2023 |
|---|---|---|---|
| Registration | Feb 6 | May 5 | May 5 |
| Tuition Due Date | Mar 20 | Jun 20 | Sept 11 |
| Ideal 1st Payment Due Date | Feb 28 | May 30 | Aug 30 |
| 2nd Payment Due Date | Mar 28 | Jun 30 | Sept 29 |
| Last Day for a 3-Payment Plan | Mar 20 | Jun 20 | Sept 11 |
| Last Day to Make a Payment Plan for Late Registration Students | Apr 17 | Jul 20 | Oct 20 |
| Final Payment due Date | Apr 27 | Jul 30 | Oct 30 |
Frequently Asked Questions
Anyone with an out-of-pocket expense for classes may enroll.
Please call or email the Student Financials Accountant at tip@cptc.edu or 253-589-5651.
There is a one-time non-refundable enrollment fee of $25 for the TIP program.
Your first payment will be due at the time you first enroll in the TIP Program. Your second payment will be due on the last day of the month of the tuition due date. Your third payment will be due the month after your second payment, on the last day of the month.
You must notify the Student Financials Accountant at tip@cptc.edu or 253-589-5651 when you drop or add a class.
The CPTC refund policy for dropped classes still applies and payments will be adjusted accordingly.
Yes, all students on the TIP payment plan are held from getting dropped while payments are being made.
There is a $30 late fee for every late payment.
You are responsible for payments if funding doesn’t come in, and you cannot register for future classes or receive transcripts until the account is paid in full.
The CPTC Foundation offers some emergency funding through the Student Emergency Assistance Program. Visit https://friendsofcloverpark.org/seap/ to learn more.
