A private comprehensive liberal arts college in Salt Lake City, UT, offering undergraduate and graduate degrees in liberal arts and professional programs. Website
Payment Plans

Payment Plans

A Westminster Education is consistently recognized as one of the best values in the nation. To meet the diverse financial needs of our students and families we offer the flexibility of several different payment plans. All payment plans require a promissory note signed by the student on or before the first day of a given semester.  

We are pleased to offer you these options and look forward to assisting you in financing a Westminster education. Please contact Student Account Services with any questions at 801-832-2120 or e-mail: studentaccounts@westminstercollege.edu

Please note:  Students must renew their payment plans by signing a new promissory note for each semester they attend.

Payment Plan Calculator

Westminster students should use this payment plan calculator to identify their estimated balance and payments for the various plans. This is only an ESTIMATED monthly payment amount. Final payment plans and amounts will be calculated by the Student Account Services Office.

Please note that the Stafford Loans have a 1% origination fee and Plus Loans have a 4% origination fee withheld by the lender. To find out how much yours is please contact the lender or the Financial Aid Office.

10 Month Payment Plan

  • Available to students who attend both Fall and Spring Semesters.
  • Fall balance and estimated Spring balance are added together and divided into 10 equal payments.
  • Payments due first of each month, beginning August 1 and ending May 1.
  • $70 administrative fee, no interest!
  • $10 late payment fee.
  • Sign-up deadline is July 15th. A promissory note must be signed and can be mailed to you on request.

5 Month Payment Plan

  • Available to students who attend either Fall or Spring Semesters. Ideal for December graduates or Spring starters.
  • Semester balance is divided into 5 equal payments.
  • Payments due the first of each month: Fall beginning August 1 and ending December 1; Spring beginning January 1 and ending May 1.
  • $35 administrative fee, no interest!
  • $10 late payment fee.
  • Sign-up deadline is July 15 for Fall and December 15 for Spring. A promissory note must be signed and can be mailed to you on request. 

Semester Plan

  • Available to students who attend Fall, Spring, and/or Summer Semesters.
  • Semester balance divided into four equal payments.
  • Payments are due on the 15th of each month during the semester.
  • No administrative fees.
  • Interest 1/2% per month (6% per annum) assessed the last business day of each month on the remaining balance.
  • Sign-up prior to the first week of each semester.
  • A promissory note is required for each semester!

50/50 Plan

  • Available to students who attend Fall, Spring, and/or Summer Semesters.
  • Semester balance is divided into 2 equal payments.
  • First payment is due the first day of the semester, the second payment is due the last day of class.
  • $35 deferral fee, no interest!
  • $10 late payment fee.
  • Sign-up prior to the first week of each semester.
  • A promissory note is required for each semester! 

Employer Reimbursement Plan

  • Available to students who are reimbursed for tuition by their employers.
  • An Employer Reimbursement Verification form (pdf) must be signed by the student and co-signed by the employer each academic year. This is in addition to the promissory note signed by the student.
  • Payment of semester balance is extended for three weeks after grades for the semester are available. Payment must be made on or before the due date to remain eligible for this plan.
  • Interest 1/2% per month (6% per annum) assessed the last business day of each month on the remaining balance until paid in full.
  • Sign-up prior to the first week of a semester.
  • A promissory note is required for each academic year!

Failure to make satisfactory payments on the payment plans can result in being removed from the plan, the entire balance due in full, and the assessment of 1% interest charge on the last day of each month until the balance is paid in full.