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.
|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|
Frequently Asked Questions
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.
Anyone with an out of pocket expense for classes may enroll.
There is a one-time non-refundable enrollment fee of $25 for the TIP program.
There is a one-time $30 late fee for every late payment.
Yes, all students on the TIP payment plan are held from getting dropped while payments are being made.
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.