Monthly Payment Plan

With a flexible monthly payment plan—serviced by Nelnet Business Solutions (NBS)—you can spread out your tuition costs over time. It’s simple, interest-free, and tailored to fit your semester schedule. This plan is managed by Nelnet, not the University.

Benefits

  • No debt – not a loan
  • No interest or finance charges
  • No credit check
  • $34 enrollment fee per semester
  • Full payment option available (no fee)

Payment Options

  • Bank account (checking/savings)
    • You must have a U.S. primary address and use a U.S. bank account to enroll.
  • Credit or debit card
    • Check with your bank before using a debit card—daily limits may affect payment success

Plan Flexibility and Adjustments

  • Covers one semester at a time
  • Adjust contract amount based on your estimated costs
  • Monthly payments may change after financial aid is applied
  • You’ll be notified of any changes
  • Cancel the plan if new payments are unmanageable

How to Enroll in the Nelnet Payment Plan

  1. E-Services

    Log in to E-Services

    E-Services

  2. Bills and Payment

    Find Bills and Payments on the left side navigation.

  3. Payment Plan Selection

    Click on Payment Plan (underneath Bills/Payments) to enroll or manage Nelnet/FACTS Payment Plan

  4. Semester

    Select your semester

    • You’ll see a list of terms that are currently eligible for enrollment or plan management

  5. Payment Amount

    Set your payment amount.

    • You can adjust the total based on what you expect to owe
    • If your plan starts before the semester begins, your monthly payments will be divided evenly
    • Need to make changes? Contact Nelnet at 800-609-8056

  6. Payments

    Payments are auto-deducted monthly on the 5th

    • If failed, reattempted on the 20th
    • Returned payments = $30 fee
    • Returned payment fees are automatically deducted from the account you have provided. 

Note: 

  • If the charges for your registered courses have already posted, they’ll appear automatically when setting up your plan. You can still adjust the amount based on your estimated out-of-pocket costs.
  • A U.S. primary address and U.S. bank account are required to set up a payment plan.

Payment Adjustments after Financial Aid

After financial aid is applied, your actual balance may change. If that happens:

  • Your remaining monthly payments will be adjusted to match your updated balance
  • You’ll be notified of any changes before the next payment
  • If the new amount causes financial hardship, you can cancel your plan before the next payment is processed

Important Reminders

  • Monitor your University and Nelnet balances
  • Enrollment and returned payment fees may change
  • Interest earned on custodial funds goes to Nelnet
  • Contact Nelnet or University Cashiers for help

Nelnet Business Services

View more information and payment plan enrollment dates. 

Nelnet for MSU

Nelnet Phone: 800.609.8056

How to Contact Us

Cashiers Office

The Cashiers Office securely handles payments made to the University.


Phone:

507-389-2259, MRS/TTY 800-627-3529 or 711

Mailing Address:

Minnesota State University, Mankato
128 Wigley Administration Center
Mankato, MN 56001