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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

Contact Us

253-589-5651
TIP@cptc.edu
Building 17, Room 141
Lakewood Campus
Mon-Fri 7:30am-11:30am & 1:30pm-4:30pm

Frequently Asked Questions

When will my payments be due?

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.

Who can enroll in the Tuition Installment Plan (TIP) Program?

Anyone with an out of pocket expense for classes may enroll.

Is there a fee to enroll in TIP?

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

What if I'm late on making a TIP payment?

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

What if I drop or add classes? How do you know my schedule changed?

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.

How do I sign up for TIP?

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

If I am waiting for funding, will this keep me from getting dropped from my classes?

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

What if I can no longer make my payments or my funding never comes in?

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.

The CPTC Foundation offers some emergency funding through the Student Emergency Assistance Program. Visit https://friendsofcloverpark.org/seap/ to learn more.

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