Payment Plans and Deferments

ERAU Payment Plan

Embry-Riddle provides a payment plan that allows you to divide charges not covered by financial aid into three or four monthly installments per semester, depending on when you enroll. Allowable charges include tuition, mandatory fees, lab fees and, if applicable, on-campus housing and meal plan. The plan excludes flight costs, books and course materials.

• An enrollment fee of $75 will be added to your first payment. You pay this fee and your first installment upon enrollment.
• Enrollment in the plan is pending, based on approval from the Cashier’s Office.
• You will receive an email reminder each month regarding your upcoming payment.
• View your bill or Statement of Account on ERNIE starting July 1 for Fall and November 1 for Spring (ERNIE > Campus Solutions > Finances > Statement of Account). Fluctuations in your bill may occur. Check your billing statement frequently.
• Enroll in the payment plan on ERNIE starting August 1 for Fall and December 1 for Spring (ERNIE > Campus Solutions > Finances > My Student Account > Make a Payment – Access Account > Payment Plans > Enroll Now).

Deferments

The University will grant a deferment for the following resources:

• Financial Aid: Since financial aid does not disburse until after the 100% Fee Refund Deadline, students with accepted financial aid receive a deferment for the amount of accepted aid only.
• If financial aid does not cover the amount owed, the uncovered portion must be paid by the Fee Payment Deadline each semester.
• If you are expecting a resource that is not included in your financial aid offer, please inform your financial aid counselor (call 928-777-3765, email prfinaid@erau.edu, or stop by the Visitor’s Center, Building 41).
• Sponsorship: Any student whose tuition and fees are paid by a third party (Foreign Embassy, U.S. Government, Trust Account or Sponsor) is considered a “sponsored student.”
• Formal arrangements for sponsor payments should be made with the Cashier’s Office (call 928-777-3726, fax 928-777-6616, email pcbursar@erau.edu, or stop by Building 13).
• Veteran’s Education Benefits: This deferment is obtained by contacting the Veterans Affairs Office.
• Be sure to submit the ERAU VA Student Registration Intention Form and your Certificate of Eligibility (COE) to the Prescott Veteran Program Administrator before each semester starts. 
• Please call 928-777-3795, fax 928-777-3893, email reyesm12@erau.edu, or stop by the VSRC, Building 18.