MONTANA STATE UNIVERSITY - BILLINGS
INSTALLMENT LOAN CONTRACT FOR DEFERRED PAYMENT OF FEES
Student's Name ________________________________________________________________________
Student ID Number ___________________________
_______ Telephone Number __________________
Mailing Address _________________
______________________________________________________
The Board of Regents of the U
niversity System has authorized the payment of university expenses on an installment
basis. The non-refundable service charge for this service is $30.00. Subject to the terms and conditions as stated,
MSU Billings students may arrange payment of tuition, fees, room, board, and Ucard on an installment basis.
Payments are required as follows:
Spring 2021 Installment Pay
ment Dates
1/4 payment due by January 13, 2021
1/4 payment due by March 1, 2021
1/4 payment due by April 1, 2021
1/4 payment due by May 1, 2021
Payments are to be made to the M
SU Billings, Student Accounts on or before the payment date. A $15.00 late
charge will be assessed for each late installment. In addition, a $40.00 late payment fee will be assessed for failure to
make your initial payment by the 3
rd
day of classes.
If you OFFICIALLY WITHDRAW
from MSU Billings during the first 15 class days, any tuition or housing refund
due you, will be applied to your contract. You must then pay the balance of the contract. (To OFFICIALLY
WITHDRAW you MUST complete a withdrawal form at the Advising Center).
Students withdrawing from school
after the 15
th
day will not receive a refund and are required to pay any outstanding balance in full.
You are bound to all terms a
nd conditions of the MSU Billings catalog that you agreed to by signing the admissions
application. Any debt remaining must be paid before the student can re-enroll, graduate, or receive a transcript, and
the student may be ineligible to defer payments in the future. All legal means will be used to collect any unpaid loans.
You agree to reimburse us the fees of any collection agency, which may be based on a percentage at a maximum of
33% of the debt, and all other expenses, including reasonable attorneys’ fees we incur in such collection efforts. MSU
Billings reserves the right to involuntarily withdraw the registration and/or cancel the room contract of any student for
failure to meet the terms of the installment contract.
A. Current Balance
B. Service Charge
C. Total Amount Due (A + B) =
D. Due Now (C ÷ 4) =
E. Total Amount Deferred (C – D) =
A ___________ _____________
B $30.00
C _________________________
D ________________________
E
_________________________
F. Three payments in the amount of $ ___________________ (E ÷ 3) must be paid as specified above. Any
scholarship, loan, grant, stipend, or other financial aid issued by MSU Billings or received as agent on behalf of
the student for this financial year will be applied first to the student’s outstanding balance.
I HAVE READ THE STATEMENT OF
DEFERRED INSTALLMENT CONTRACT AND AGREE TO THE
TERMS AND CONDITIONS AS STATED.
Student Signature:__________________________________________ Date ___________
Mail to: 1500 University Dr
ive, Billings, MT 59101 Email to: businessoffice@msubillings.edu Fax to: 406-657-2051
Submit to MSUB
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signature
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