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Payment Plan

Regular Payment Plan

A payment plan is available for VIU students who cannot complete full tuition payments by the deadline and wish to finance their tuition in installments. Payments for other fees cannot be deferred. A Payment Plan Agreement is available at the Accounting Office. This agreement must be signed and submitted with the first installment. The installment fee is $25 per installment and nonrefundable. Any changes you want to make in the payment plan must be made before the due date. Failure to pay the outstanding balance will result in an academic hold, a late fee of 1.4% of the balance due per week up to $500 for the semester, and normal university collection activity. Your payment plan (if there is one) will be automatically changed to the next payment plan if you fail to pay the installment and late fee for more than one month after the initial due date. For example, VIU will charge an additional installment fee along with the appropriate late fee. Failure to pay may prevent students from being eligible to use this agreement in future semesters.

Advance Payment Plan

An advance payment plan is available for the spring and fall semester. The Advance Payment Plan consists of paying tuition with up to 6 installments. Students must start paying one or two months in advance of the regular payment plan. By selecting this option students can save up to $100 in installment fees.