Completing the FACTS/Nelnet Agreement
Payment Plan Information at a Glance
****“Enroll Date” is not the same as “Due Date”****
- The payment plans is setup online (If you are receiving partial financial aid you will need to fill out a paper application in person at the cashier office)
- There is a $30.00 non-refundable fee per semester to setup the plan.
- All payments are processed automatically from a checking or savings account or automatically charged to a credit card each month. (Debit cards often have a daily limit so you should use your checking account information instead of a debit card. Visa, Mastercard, and Discover credit cards are accepted).
- The setup fee and any down payment, if required, will be processed immediately after setting up the agreement.
- Payments are processed on the 5th of the month. There is a $30.00 fee for a missed payment.
*There is no interest or credit check, and anyone is eligible to use the payment plan as long as your balance is $100.00 or more. Any questions regarding the payment plan can be directed to the Cashier Department at (815) 224-0213 or by visiting the payment website.
Please do not assume your balance will automatically be adjusted if financial aid
is received or a class is dropped or added. You should call the Illinois Valley Community
College Cashier's office at (815) 224-0213 to request a change.