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Tiger Installment Plan (TIP)

The Tiger Installment Plan lets you break down bill payments throughout the semester so you have extra time to pay for school while avoiding a late fee or schedule cancellation. Current semester tuition, fees, dining, on-campus housing and other miscellaneous charges can be included in the plan. Millennium, Harris Hall and Tubman housing costs are excluded.

Students or their authorized users can enroll in the installment plan online each term. An enrollment fee is charged based on the enrollment completion date (see chart below). During sign up, you will enter the e-check or credit card information that will be used to automatically process payments on the plan due dates. As is customary with all payments to Towson University, electronic ACH check payment methods have no additional fee while credit cards have a 2.95% (minimum $3.00) fee on the charge amount.

During sign up, all current outstanding charges for the term are automatically pulled into the selected plan (prior semester and past due charges cannot be included). Any funds that have been relayed to the Student & University Billing Office by the Financial Aid Office as disbursed or displayed on your account as anticipated will be credited towards the plan鈥檚 balance due. All plan payment amounts are determined at time of sign up, but will be recalculated (increased or decreased) prior to the final automatic scheduled payment. This is based on any balance changes that have occurred between initial plan enrollment and the final payment. This occurrence is due to financial aid that may be increased, decreased, or additional charges that may assess for the term after sign up (Ex: registration of additional classes, added meal plan, altered student housing, or other miscellaneous charges).

Any student wishing to sign up for a Tuition Installment Plan who will pay a portion of their term bill with funding that does not go through the Financial Aid Office, such as 529 college prepaid funds, or third party payments, please contact the Student & University Billing Office directly at 410-704-2100. (Please have proof of this expected funding available.)

Please note: If any scheduled automatic payment transactions are not able to be fulfilled (returned check from the bank or declined charge) a one-time per semester late fee of $150 will be assessed. All plans must be officially enrolled in by the bill due date to avoid a late fee or possible class schedule cancellation.

How do I sign up?

There are different directions for students and authorized users.

Student Sign-Up

• Go to
• Login to Towson Online Services Student Dashboard
• Click/Tap Student & Faculty Dashboard (tile)
• Click/Tap the Financials Menu (left menu)
• Click/Tap TIP Payment Plan (TouchNet), which will open up the TouchNet eBill and Payment system
• Click Payment Plans in top header and follow instructions to enroll. 

Authorized User Sign-Up

• Go to the Student and University Billing's home page
• Click Authorized User Login
• Click Payment Plans in top header and follow instructions to enroll
  
  

Spring 2025 TIP Payment Plans

FAQ

Are payments automatically withdrawn?

Yes. During enrollment of the Tiger Installment Plan, you will be required to enter either a checking account or credit card number that will be used to automatically withdraw funds on your payment plan installment due dates. This payment method you choose is used for the immediate processing of the enrollment fee (and down payment if applicable, based on the plan you select). This same method is also used for the remaining scheduled payments of your plan.

Can I change my payment method after enrollment?

Yes. The payment method can be changed but you must use your student or authorized user log in that was used to create the original payment plan. Changes to payment methods for plans originally created through student log in, go to Towson Online Services, and click Student & Faculty Dashboard, and under Finances, click TIP Payment Plan (Touchnet). Changes to payment methods for plans originally created through the authorized user log in, go to www.towson.edu/billing and click on authorized user login found on the right hand side of page.

The steps to make the change depends on what payment method was used for your original enrollment. Please find your scenario below and follow the instructions. This process must be done prior to your next scheduled installment due date.

Checking to New Checking Account

You must create a new ACH electronic payment method. Once logged in to TouchNet, select the Payment Methods page under My Account. Click on Add New Payment Method and select Electronic Check Method. Enter all required banking information and enter a name for your new Saved Payment Method, for ex., Tuition Account. This name must be different from your saved payment method used during your original payment plan enrollment. Next, select the Payment Plans page. Under Currently Enrolled Plans select CHANGE and use the drop down to select your new payment method.

Checking to Credit Card

Once logged into TouchNet, select Payment Plans page. You will see Currently enrolled plans, select CHANGE and use the drop down to select payment via PayPath. Proceed with steps to the end of this process. You will get a message that states your payment method was changed successfully.

Credit Card to another Credit Card

Contact the Student & University Billing Office for assistance.

Can I use my debit card?

If your debit card has a Visa, MasterCard, American Express, Or Discover card logo on it, then technically you should be able to use it as a credit card payment. However, we do not recommend you do so for a couple of reasons. The first is that a card with a Visa, MasterCard, American Express, Or Discover logo is processed as a credit card and is assessed a 2.95% fee (minimum $3.00) on each charge amount. If your plans are to use a debit card where funds are coming from a checking account, then you should avoid this fee by entering an eCheck payment method instead. The second reason is that many banks have a maximum allowed charge amount per day for debit cards. If your scheduled payment amount for the Tiger Installment Plan is in excess of that amount then the charge will come back as declined to the University. This decline may result in the Student & University Billing Office assessing a late fee for the term.

Are there any additional fees for using a credit card as my payment method?

All payments made with a credit card whether directly to your account or through a Tiger Installment Plan are processed by a third-party vendor, and are assessed a 2.95% convenience fee* (minimum $3.00) on the payment amount.

Will I be given of a reminder of an upcoming payment or if payment amount changes?

Yes! You will receive an email from TouchNet prior to an upcoming scheduled payment as a reminder, and an additional email if your planned payment amount has changed.

Can I make additional or early payments outside the scheduled plan dates?

Yes you may, but only in person (Cash or Check) or with a mailed in payment (paper check). Additional payments for charges related to a term that is currently enrolled in a Tiger Installment Plan cannot be done online or with a credit card. Please see FAQ question number 7, 鈥淐an my payment amount change after enrollment鈥� for information on how an additional payment made will affect your future Tiger Installment Plan payment(s).

Please note that you are permitted to make online payments as usual if you are paying outstanding charges that are assessed outside of the term that has a current enrolled Tiger Installment Plan. (Example: a parking ticket displays on your account from a prior term)

Can my payment amount change after enrollment?

Yes, your scheduled payment amount can increase or decrease after enrollment. The Student & University Billing Office monitors daily for new term charges (Example: Additional classes being registered for or adding a meal plan) and for new credits (Ex: additional financial aid being posted to the student account). This means that your upcoming scheduled payment amount(s) can change after enrollment. In the event an adjustment occurs, the student will receive an email alerting them to the new payment amount. It is important to note that plan recalculations stop occurring 5 days before an upcoming TIP payment is to be processed, so any new charges or credits that happen during this 5 day window will only affect payment(s) after the upcoming payment.

Which terms can the Tiger Installment Plan be used?

Tiger Installment Plans are offered for fall, spring and summer terms. Only the winter term is not offered due to its short duration.

Can I have more than one TIP plan for the same semester?

No. We understand that there may be some situations where two people would like to split term charges for a single student and each be on a payment plan to do so. However, our system cannot accommodate having more than one plan per student per semester.

Still Have Questions?

Contact us with any additional questions you may have.