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Tuition Installment Plan (TIP)

What is TIP?

The Tuition Installment Plan or TIP is an alternative to student loans that allows 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.

Important Dates

 

Spring
2021

Summer
2021
Fall
2021
Winter
2022

Spring
2022

Registration Feb 5 May 7 May 7 Nov 5 Feb 4
Tuition Due Date Mar 19 Jun 22 Sep 13 Dec 20 Mar 21
Ideal 1st Payment Due Date Feb 26 May 31 Aug 31 Nov 30 Feb 28
Second Payment Due Date Mar 31 Jun 30 Sep 30 Dec 31 Mar 31
Last Day for a 3 Payment Plan Mar 22 Jun 23 Sept 14 Dec 21 Mar 22
Last Day to Make A Payment Plan for Late Registration Students Apr 16 Jul 16 Oct 15 Jan 17 Apr 15
Third Payment Apr 30 Jul 30 Oct 29 Jan 31 Apr 29

Important Dates for Continuing Education and Community Education Programs

  Session 2 Session 3
Last Day to Make First Payment and Set Up Plan Jan 5, 2021 Apr 13, 2021
Final Payment Due Date Jan 25, 2021 May 3, 2021
Last Day for 100% Refund Jan 8, 2021 Apr 16, 2021
Program Start Date Jan 5, 2021 Apr 13, 2021
Program End Date Feb 5, 2021 May 14, 2021

Frequently Asked Questions

Please call or email the Student Financials Accountant at tip@cptc.edu or 253-589-5651.

Anyone with an out of pocket expense for classes may enroll

There is a $25 enrollment fee for the TIP program. This is a one-time fee and it is non-refundable.

Yes, all students on the payment plan are held from getting dropped while payments are being made.

There is a one-time $30 late fee for every late payment.

The CPTC refund policy for dropped classes still applies and payments will be adjusted accordingly. You must notify the Student Financials Accountant when you drop or add a class.

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).

You are responsible for payments if funding doesn’t come in, and you cannot register for future classes or receive transcripts until account is paid in full.

Your first payment will be due when 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.

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