Installment Payment Plan
Interest-free monthly installment payments.
How does it work?
The Installment Payment Plan allows you to split your semester bill into smaller amounts, payable over up to a five month period dependent upon the date of plan enrollment. There is an enrollment fee of $35 to participate in this plan. This fee covers the school's administrative costs associated with the plan, and is in addition to the total budget amount.
Note: We recommend you join the plan via ACH using your checking or savings account information to avoid an additional service charge. Payments made with a credit/debit card are subject to a non-refundable service charge. US credit card payments are charged an additional service charge of 2.75%, and foreign credit cards are charged an additional service charge of 4.25%. There is NO service charge for ACH payments.
What is the advantage of the Installment Payment Plan?
It is interest-free and gives you longer to pay. By stretching your bill into installments, the need to borrow is reduced or eliminated. Borrowing less means you pay less interest which can add up to great savings.
How much do I have to pay each month?
Your payment plan will be split into equal monthly payments, with your first payment due at the time of enrollment, and your last payment due at the end of November (fall semester) or April (spring semester). The number of installments will depend upon when you enroll.
Fall Semester - Enroll by:
Jul 31 - 5 payments
Aug 31 - 4 Payments
Sep 30 - 3 Payments
Spring Semester- Enroll by:
Dec 30 - 5 payments
Jan 31 - 4 payments
Feb 8 - 3 payments
How do I enroll in the Plan?
- Log into my.herkimer.edu
- Click on Student Online Services
- Click on Student Services
- Click again on the new link for Student Services
- Click "Make Web Payment / Enroll in Payment Plan"
*The Cashnet Full Service Payment Plan is administered by Higher One Inc, dba as Cashnet, a Blackboard Inc. company.