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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 Tuition Installment Plan Specialist 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

  Summer 2020 Fall 2020 Winter 2021 Spring 2021
Registration Jun 5 Jun 5 Nov 5 Feb 5
Tuition Due Date Jun 19 Sep 11 Dec 18 Mar 19
Ideal 1st Payment Due Date Jun 19 Aug 31 Nov 30 Feb 26
Second Payment Due Date Jul 31 Sept 30 Dec 31 Mar 31
Last Day to Make a Payment Plan for Late Registration Students Jul 16 Oct 12 Jan 15 Apr 16
Last Day for a 3 Payment Plan Jun 22 Sep 12 Dec 21 Mar 22
Third Payment Aug Oct 30 Jan 30 Apr 30

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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