What is GUMPP?

The Georgetown University Monthly Payment Plan allows you to pay a budgeted amount over a ten-month period. You can use the Payment Plan to pay all or part of your annual costs, or the remaining balance after financial aid is applied.

You decide how much you need to budget, and you can repay that amount in ten installments interest-free. All it takes to get in the Plan is a $90 non-refundable enrollment fee.

The payment plan amount must be for the entire academic year (fall and spring semester). At the beginning of each semester, your student account automatically will be credited with one-half of the contract amount.

The payment plan begins in July and ends in April. You may enroll in the payment plan up until the last day of the Add-Drop period (September 6th, 2008). However, you will be responsible for immediately submitting any payments you have missed (one for July enrollees, two for August enrollees before August 15th, and three for enrollees after August 15th). You will also be responsible for a late fee and service charges if you sign-up for the payment plan after registration (August 25th-26th).

Steps Needed To Enroll

These are the steps needed to enroll in the Georgetown University Monthly Payment Plan. Please read more information about GUMPP before making your decision to enroll.

1. Determine your plan amount. Add your total academic year expenses and subtract your total academic year credits. Read more at Determining your Plan Amount. Then select the contract amount that most closely matches your net costs.

2. Complete the GUMPP Contract. You will be required to have your Student ID number (nine digit number beginning with eight) as well signing an agreement that you will adhere to all guidelines stipulated by the Office of Student Accounts.

3. Mail or fax the contract to the Office of Student Accounts. Faxed contracts with no errors will be entered into our system within two business days. You will receive an email confirmation once your contract is set up, along with a letter in the mail with a payment schedule. You will be notified immediately if your contract cannot be set up. The fax number at our office is 202-687-1133.

4. Pay the appropriate amount. The appropriate amount is the enrollment fee of $90 plus the number of installments due. The number of installments due depends on your sign up date.

• After July 1st = one installment due
• After August 1st = two installments due
• After August 15th = three installment due

Make a GUMPP Payment

You may make a payment towards the payment plan either by paper check or electronic check.

Electronic check payments may be made on-line through StudentAccess+. You must have a university netID and netID password to access StudentAccess+. Parents, find out more about accessing your child’s bill on-line and the Privacy Act.

Note: There is a separate link to make a payment plan payment as opposed to the more general make a payment

Paper checks should be mailed along with a payment coupon detailing student name, ID number, and amount of payment. The student ID number should also be written on the check. Paper checks should be mailed to:

Georgetown University
Student Accounts
Department 0716
Washington, DC 20073-0716

Your payment plan contract must have been received and processed before you can make a payment. You will receive an email confirmation once your contract has been processed. Faxed contracts are processed within two business days. If your contract was unable to be processed, you will be notified immediately. If you need to make a payment to your student account (as opposed to your GUMPP account) please mail to the regular mailing address or pay through the main "make a payment" link on StudentAccess+.

Mailing Addresses

GUMPP participants more than others need to be aware of the various mailing addresses used at the Office of Student Accounts.

The address for GUMPP CONTRACTS is:

Georgetown University
Office of Student Accounts
White Gravenor Lower Level
37th and O Streets NW
Washington DC 20057

Please also send any priority mail that requires a signature to that address.

The address for GUMPP PAYMENTS is:

Georgetown University
Student Accounts
Department 0716
Washington, DC 20073-0716

The address for REGULAR PAYMENTS is:

Georgetown University
Student Accounts
Department 0717
Washington, DC 20073-0717

Payments are processed through a PNC Lockbox daily. GUMPP payments are then posted against your GUMPP account, and regular payments are posted against your student account.

GUMPP Account

When you enroll in GUMPP a payment plan account is attached to your student account. Your student account is where you are billed for Georgetown tuition and other fees. Your payment plan account is where your payment plan is billed.

Students are often assessed charges for library fines, emergency loans, duplicate ID cards, and other miscellaneous fees that are not in included in the original budgeted contract amount. Account statements are mailed to you monthly if the student account has an outstanding balance remaining after the budgeted contract amount is applied. You should also monitor your bill on-line through StudentAccess+.

Upon receipt of your GUMPP contract you will receive a credit of one-half of your contract amount towards your fall semester student account bill. Your payment plan account will have a matching debit for one-half of your contract amount.

Your payments while on the plan then credit against this debit. You will not be eligible for a refund until your payment plan account is settled in full.

You can increase or decrease the amount of your plan at any time. Your contract amount must still be a multiple of $1000. Any increase or decrease again will be split between semesters on both your student account and payment plan account. It will also duly alter your monthly installment.

You may also cancel your payment plan at any time. Cancellation of your payment plan means that you will immediately owe whatever debit balance is left on your student account. If you cancel your plan and do not remit payment immediately you may be charged late fees and service charges. Georgetown University reserves the right to deny the option of a payment plan to anyone, for any reason.

Determining Your Contract Amount

The amount you budget to pay off in installments through GUMPP is entirely up to you. The minimum amount is $4000 and there is no maximum. However, you will not be eligible for a refund for anything over and above your student balance. Therefore, we suggest that you follow these guidelines in determining the amount you need:

1. Add your total academic year expenses. Your fall semester bill for the most part contains charges that will be replicated in the spring. Thus, your total academic year expenses is roughly equal to double what you see on your fall semester bill, with these exceptions:

• Student Health Insurance. If you participate in the Student Health Insurance Program, and include the cost in your budgeted contract amount, your payment plan account for the academic year will be overstated. The health insurance charge is assessed in the fall semester only, but it covers the academic year. To budget your contract amount for the academic year without overstating the amount that you need, you should not include health insurance in the spring semester costs.
• Changes to status. If you will be changing your status as a student between semesters(e.g. full-time to part-time or vice versa) or going abroad in one semester and not the other, you may want to factor the estimated changes in cost from one semester to another.

Note: Do not include books or other expenses not billed by Georgetown. Outstanding balances from previous semesters cannot be included.

2. Subtract your total academic year credits. This includes any grants or scholarships, loans, and other payments or adjustments. Most financial aid is split between semesters, so like the charges on your bill, you should assume those credits for the spring semester as well. If you know that any of your loans, grants, or other payments will not be made in the spring, please include this in your calculation. If you do not see your grants or scholarships on your bill as either "estimated" or received you should contact the Financial Aid Office. Do not include work-study.

3. Select your contract amount. The amount that you have now calculated is your total net cost for the year. Contract amounts must be in multiples of $1000. Based on your total net costs, you may need to select an amount that is higher or lower than your actual costs. If you decide to budget lower, be prepared to pay the difference each semester by the payment due dates to avoid late fees.

Contract Amounts

Payment Schedule

The following table lists the due dates for installments on the monthly payment plan. If you sign up after July 1st (as most people do) you will owe installments that are past due. Any other installments received past due will result in a $60 late fee.

Before making your final monthly payment each semester, check the status your student account as well as your payment plan account on-line. If your student account has a credit balance, your final payment may be reduced. If your student account has a debit balance, you must pay immediately to avoid being blocked from pre-registering or registering for the next semester.

GUMPP Fees

The only mandatory fee for GUMPP enrollees is the $90 non-refundable enrollment fee. This payment should be remitted with any installments due once the contract has been processed by the Office of Student Accounts. Payment of the enrollment fee may be together with due installment payments.

Payments are due on the 1st of the month, beginning in July and ending in April. A late fee of $60 will be assessed to your payment plan account for any payment received past the due date.

Postmarks are not recognized. Your payment must be received to be posted and thus avoid a late fee. Payments made on-line by midnight will be posted to your account by noon the next day. If your payments are late two (2) times, your account may be cancelled.

If your payment is returned by the bank, you will be assessed a $60 returned check fee. After two (2) returned payments your account will be cancelled.

Please be careful entering your payment information on-line; wrong information
can lead to a returned electronic payment.

If your returned payment causes your payment to be late for the month, you will also be charged a late payment fee of $60.

Any amount on your student account that is outstanding after your payment plan credit is applied must be paid by the due date. Otherwise, you will be billed for monthly service charges on that amount every month it is outstanding.

GUMPP FAQs

How is the monthly payment plan account set up?

At the beginning of each semester, a credit equal to one half of the amount that you contracted for the academic year will be transferred from the Payment Plan account to your student account. Your ten monthly installments, (five for the fall semester and five for the spring semester) will be applied to the Monthly Payment Plan account to repay the amount that was transferred to the student account.

How Is The Student Account Different From The Monthly Payment Plan Account?

The Student Account consists of charges for tuition, room and board, fees, and any other related charges. A statement containing all of your charges is mailed in July for the fall semester and in December for the spring semester. You should use this statement to determine the amount that you will need if you choose to use the Monthly Payment Plan. The Payment Plan Account consists only of the budgeted contract amount and the monthly installments.

What Is The Limit?

The minimum is $4,000 for the year. There is no maximum amount. If you determine at a later date that the amount you budgeted is too high or too low, you can adjust your contract amount at any time by contacting the Office of Student Accounts.

What Is The Enrollment Date?

The start date for enrollment is July 1. The final date to enroll is September 6. The only exceptions to this deadline are students who are admitted late to the University.

Can I Enroll After The Plan Starts?

Yes. Enrollment after the plan starts will require you catch up on the monthly installments that have passed based on the 10-month payment plan. This means that if you enroll after August 1, you must submit the $90 fee, the July 1 installment, and the August 1 installment.

How Do I Make My Monthly Payments?

Payments should be made by electronic check on line through Student Access+. Students can establish authorization through Student Access+ for parents or any other third party to make payment online. If you choose to pay by mail, you can obtain a payment coupon from this web site. To avoid posting delays, please enclose a payment coupon with each payment. The payment coupon must include the student name and ID number. Payments must be received on or before the first day of the month. For mail payments, postmarks are not used to determine when payments are received. Payments must be made by check or money order, payable to Georgetown University.

GUMPP Contact

For any questions or concerns, help in setting up your plan, or help making a payment, please contact the GUMPP specialist at our office.

Name: Kashaka Nedd

Phone: 202-687-4225

Email: gumpp@georgetown.edu

Fax: 202-687-1133