Undergraduate Monthly Affordable Payment (MAP) Plan
Stonehill offers an interest-free Monthly Affordable Payment (MAP) Plan each semester instead of or in conjunction with direct payments and/or other borrowing to cover undergraduate educational costs. The 4-month or 5-month payment plan can be used for payment of undergraduate Tuition, and Room and Board, and other fees.
Payment Schedules
Payments are automatically withdrawn from your checking account each month.
4-Payment Fall Semester Plan
Enrollment Deadline: August 10
- Payment 1: July 15
- Payment 2: August 15
- Payment 3: September 15
- Payment 4: October 15
5-Payment Fall Semester Plan
Enrollment Deadline: July 27
- Payment 1: At time of enrollment
- Payment 2: August 1
- Payment 3: September 1
- Payment 4: October 1
- Payment 4: November 1
4-Payment Spring Semester Plan
Enrollment Deadline: January 10
- Payment 1: December 15
- Payment 2: January 15
- Payment 3: February 15
- Payment 4: March 15
5-Payment Spring Semester Plan
Enrollment Deadline: December 27
- Payment 1: At time of enrollment
- Payment 2: January 1
- Payment 3: February 1
- Payment 4: March 1
- Payment 4: April 1
Estimated Payments
The plan amount is calculated based on the amount due on the student account after financial aid, and direct payments, such as 529 plans, have been applied. The plan amount will recalculate up or down if there are any changes to the charge or credit amounts. For financial aid to be credited to your bill and used in your payment plan calculations, all awards must be accepted on myHill, and all loan paperwork must be completed.
Use this calculation to estimate your monthly payments:
Estimated Annual Expenses (2020-2021)
Tuition: $46,642 + Room and Board: $16,620(For resident students only.) = Total Estimated Expenses
Estimated Annual Deductions
Scholarships + Grants + Student Loans + Parent Loans + Deposits paid + Direct payments = Total Estimated Deductions
Estimated Monthly Payment
Total Estimated Expenses - Total Estimated Deductions =
(Total Estimated Expenses minus Total Estimated Deductions = the estimated amount of your annual payment plan.)
Your estimated monthly payment equals this amount divided by 10 (for the 5-Payment per semester plan), or divided by 8 (for the 4-Payment per semester plan).
NOTES
- Your plan will adjust if charges or credits change. You will be notified by email if your payment amount increases.
- If you enroll for the fall semester, you will need to re-enroll you for the spring semester.
- The enrollment fee is $30 per semester.
- There is a $30 returned payment fee for any payment that is rejected by the bank for any reason.
How to Enroll
When you receive your email that your semester bill is available online:
- View your bill online at myHill > Student Home > myBill
- Choose the payment plan tab
- The system will calculate your payment plan amount based on your balance due after financial aid, parent loans, and direct payments, such as 529 plans, have been applied.
- Enter your bank account information on the secure site.
- Payments will be automatically deducted from your bank account each month.
When your student receives an email that their semester bill is available online:
- Go to the Billing Center login
- Choose the payment plan tab
- The system will calculate your payment plan amount based on your balance due after financial aid, parent loans, and direct payments, such as 529 plans, have been applied.
- Enter your bank account information on the secure site.
- Payments will be automatically deducted from your bank account each month.
How to Add a Student-Assigned Authorized User
The following steps must be completed by the student:
- Log on to myHill
- Go to the Student Home > myBill
- Click on My Account
- Click on Authorized Users
- Click on Add Authorized User
- (Click on Current Authorized Users to edit or delete an Authorized User.)
- If more than one authorized user is needed, repeat the process.
- Authorized users will receive an email with password and link to log into the Billing Center.
- Go to www.stonehill.edu/paymentplan
- Log on using email address and password
- Click on VIEW in the statement section to view a printable copy of the bill
- Click on My Profile Setup
- To change the email address where you will receive notifications or your password
- Add a cell phone number to receive texts of notifications
- Change or add bank account information for payments
- If an authorized user has more than one student, click on Select Student tab to choose student(s)
- Account balances can be viewed and payments can be made from any tab
- Click on Payment Plans to enroll in a payment plan
Contact us with any questions.
Visit Student Accounts for information on student billing, tuition and fees, payment plans, and tax benefits of education.