While families are welcome to pay for the school year upfront, most families find it easier to manage smaller payments. R-MA offers two different payment plans: the Two-Payment Plan and the Monthly Payment Plan. International students are not eligible for payment plans and must pay the full tuition and fees by August 1, 2017.
For those on the two-payment plan, 60% of the tuition and fees is due on August 1st. The remaining 40% is due on December 1st. If the scheduled payments are not received by the 1st of the month a 5% late fee plus an additonal $40 will be added and due on the next monthly bill.
Monthly Payment Plan
The tuition fee is divided into 10 payments beginning June 1st and ending March1st. There is a 6.5% interest fee added to this plan and credit approval is required. All monthly payment plans will beset up with automatic credit or debit deductions.
Methods of Payment
Preauthorized Debit: You may make your payments automatically from either your checking or savings account. Since payments are automatic, you don’t have to remember to write or mail checks, and payments are never late or missed. You will receive an itemized bill each month from R-MA.
Credit Card: R-MA accepts Visa, MasterCard, Discover, and American Express. A 2.85% credit card processing fee will be applied for each credit card transaction.
Personal Check: Parents may also pay by personal check. NSF fees will be imposed on any returned payments.