Interest-Free Payment Plans with ORU

ORU has partnered with Nelnet Business Solutions to provide students with a cost-effective way to pay the semester balance with interest-free monthly payments. 

  • A convenient monthly payment option with no credit approval required
  • Payment schedules that reflect a typical bill paying cycle
  • Easy enrollment process that can be completed online

View Tutorial on Setting Up a Payment Plan

Eligibility for Payment Plans

Students currently enrolled in classes at ORU are eligible to use the monthly payment plan. Your student account must be in good standing. If you have a past-due balance, connect with ORU Student Accounts at studentaccounts@oru.edu.

Payment Plan Options

The due date for monthly payments is the 15th of each month.

Fall Semester Plans
Enrollment Opens April 15
Payment Plan Enrollment Fee Cost: $60
5 Monthly Payments - Starts July 15
4 Monthly Payments - Starts August 15

Spring Semester Plans
Enrollment Opens November 15
Payment Plan Enrollment Fee Cost: $60
5 Monthly Payments - Starts December 15
4 Monthly Payments - Starts January 15

Summer Semester Plans
Enrollment Opens April 15
Payment Plan Enrollment Fee Cost: $60
3 Monthly Payments - Starts May 15

Flexibility for Your Family

With our payment plans, we can work with you to tailor a solution for your needs. Take Alex, for example. After he applies scholarship, grants and college savings towards his educational costs, he has a remaining balance of $4,800. Here are just three of the many options he can consider:

Scenario 1 - Payment Plan Only

Alex’s family divides the $4,800 into five monthly payments.
Monthly Payment: $960 per month on a 5-month payment plan
Interest Paid: $0
Total Paid: $4,800 

Scenario 2 - Loan Only

Alex’s family takes out a Direct PLUS Loan for the full $4,800
Monthly Payment: $54*
Interest Paid: $1,456
Total Paid: $6,467

Scenario 3 - Combine Payment Plan and Loans

Alex’s family divides the balance in half, using a Direct PLUS Loan for $2,400 and a 5-month Payment Plan for the other $2,400.
Monthly Payments during semester: $530 ($480 Payment Plan + $50 Loan**)
Monthly Payments after semester: $50 (Loan)**
Interest Paid: $303 (Loan)
Total Paid: $5,103 ($2,400 Payment Plan + $2,703 Loan)

 Connect with us for questions. We’d like to help you think outside the box and create the right financial plan for you and your family.

*This amount was calculated using a standard 10-year repayment plan with a 2019-20 Direct PLUS Loans interest rate of 5.3%.
**Direct PLUS Loans have a minimum $50 monthly payment

Payment Methods

Your monthly payment plan will be automatically withdrawn from a US bank account or debit/credit card account that you link while enrolling in the plan.

Steps to Enroll

  • Log into your ORU VISION Account – vision.oru.edu
  • Click on Registration Quick Links in the top menu.
  • Click on Set up a Payment Plan from the drop down.
  • You will be directed to the Nelnet site and then follow the instructions to setup the plan.

Contact Us

For any questions or assistance, please call Nelnet at (800) 609-8056 or the Student Accounts Office at 918.495.6370 or email us at studentaccounts@oru.edu

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