Nelnet Payment Plan

SMSU is pleased to offer a payment plan option through Nelnet Business Solutions, formerly FACTS Tuition Management Company. This is not a loan program. You have no debt, there are no interest or finance charges assessed, and there is no credit check. The cost to budget your interest free monthly payment plan is a $25 per semester non-refundable enrollment fee.

Through a NELNET Payment Plan you will be able to:

  • Arrange for monthly payments automatically deducted from your checking or savings account or charged to your VISA, MasterCard, Discover, or American Express Cards
  • Arrange for a down payment and monthly payments automatically deducted from your checking or savings account or charged to your VISA, Mastercard, Discover, or American Express Cards
  • Pay in full
  • Monthly payments will be due on the 5th of each month

Additional information about NELNET is available here.  

TO ENROLL in a NELNET PAYMENT PLAN: To set up a payment plan through NELNET/FACTS, please click on Sign up for a Payment Plan. A pop-up window will appear and you will be guided through a series of steps. For help, please contact the Office of Business Services by email or call the office at (507) 537-6219.


CHANGES TO YOUR PAYMENT PLAN: It is your responsibility to contact the Office of Business Services in writing or by email if you add or drop classes at least 10 days before your next payment due date. Although we will monitor your accounts, it is your responsibility to contact us with changes. We need at least a 10 day notice to ensure changes occur before your next payment is automatically deducted or charged to your account. If you have any questions, please contact the Office of Business Services at (507) 537-6219.


PAYMENT PLANS AND REGISTRATION HOLDS:   If you have a payment plan through NELNET and the payment dates extend past the pre-registration dates for the next semester, you will be able to register if your account with NELNET is current and in good standing.

Last Modified: 2/23/17 9:51 AM