Yale Payment Plan Enrollment
The Yale Payment Plan (YPP), administered by the University's Office of Student Financial Services, provides parents and students with the option to pay education expenses on a monthly basis. The YPP is designed to relieve the pressure of "lump-sum" payments by allowing families to spread payments over a period of months without incurring any interest charges. Participation is optional and elected on an annual basis. The cost to enroll is $100 per contract.
If you choose to enroll in the annual plan, one-half of the Total Plan Amount will be applied toward each of the academic terms (Fall and Spring) by issuing a credit to your student account for this amount. If you enroll in either the Fall or Spring-only plan, the Total Plan Amount will be credited to your student account for the corresponding term. Each month, participants in the YPP will be billed by our third-party servicer, UAS, for the amount contracted to pay on a monthly basis through YPP. This monthly YPP bill is in addition to the monthly student account statement provided electronically through Yale University eBill-ePay. It is very important that YPP participants continue to review the monthly student account eBill for other charges that are not being paid for through the YPP contract.
Monthly YPP payments can be made electronically once your application is processed or by check payable to Yale Payment Plan in U.S. funds drawn on a U.S. bank. Note that Yale University eBill-ePay may not be used to make payments to the YPP.