Monthly Tuition Payments
To help you meet your
educational expenses, Henry Ford Community College is pleased to offer EZ PAY as a
convenient budget plan. EZ PAY is a tuition management plan that provides you with a low
cost option for budgeting tuition and other educational expenses. It is not a loan
program; therefore, you have no debt, there are no interest or finance charges assessed
and there is no credit check. The only cost to
budget monthly payments through EZ PAY is a $25.00 per semester nonrefundable enrollment
fee. The enrollment fee is automatically deducted within 14 days from the day the
agreement is submitted.
How EZ PAY
Works
Using EZ PAY is
simple.. You may budget your tuition and fees one of two ways:
A. Automatic Bank Payment (ACH) - ACH payments are those payments you have
authorized to be processed directly with your financial institution. It is simply a
bank-to-bank transfer of funds that you have pre-approved for your expenses at Henry Ford
Community College. Payments may be made from either your checking or savings account.
Payments are processed on the 5th of each month and will continue until the balance due
the College is paid in full.
B. Credit Card Option - Many students and families have requested the option of
charging their monthly tuition payment to Visa or MasterCard. This enables you to take
advantage of various bonus programs offered by your credit card company. If you elect to
use this option, your monthly payment will be automatically charged to your credit card on
the 5th of each month.
Completing
the FACTS Agreement
When you enroll
on-line for the "HFCC EZ PAY," be sure you have the following information:
1. Your social security number.
2. The name and address of the person responsible for making the payments.
3. Account Information for the responsible person.
- If paying by automatic bank
payments you will need the bank name, telephone number, account number, and the bank
routing number. Most of this information is located on your check.
- If paying by credit card, you
will need the credit card number and expiration date.
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Avoid the
line...
e-cashier pay on-line.
Enrolling on-line is simple. Connect to the e-Cashier
click on the link above. Click on Financial Info, then select "Online Payments."
Once you are in e-Cashier, review all information and refer to the menu bar at the top for
additional answers to questions you may have. After you have reviewed all information,
scroll down and select the "Proceed" button. Follow the simple steps outlined.
After you have accepted the Terms and Conditions and submitted your agreement, you will
receive an immediate e-mail (if e-mail address was provided). This e-mail will confirm
receipt of your enrollment in FACTS e-Cashier.
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Full/Down Payment
Information
You may pay for your tuition in full through the e-Cashier site by selecting the payment
in full option. This allows you the convenience of paying your tuition without having to
visit or mail information to the Henry Ford Community College Cashier's Office. Please
remember, if you select this option your full payment will be deducted immediately and a
$2.50 fee will be assessed.
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Commonly Asked
Questions About Facts
1. If payments are made automatically from my bank account, does that mean the college
has direct access to my account?
No. This is a common misconception about automatic payments. No one other than your
own financial institution has access to your bank account. When you arrange automatic
payments through FACTS, you have authorized a specific amount to be paid on a
predetermined date each month.
2. When will payments begin?
After your agreement is received by FACTS, we will send you a letter or e-mail confirming
the monthly payment amount and when the payment is to begin. Payments will be processed on
the same date each month until the total balance is paid in full. The letter will also
serve as a reminder that a $25.00 nonrefundable enrollment fee will be processed from the
account indicated on the agreement.
3. What if I miss a payment?
If you miss a payment, you will receive a letter from FACTS with instructions on how
the missed payment will be handled. A $25.00 missed payment fee will be assessed for each
missed payment attempt. This fee is charged by FACTS to offset the fees assessed by the
bank when your payment is missed.
4. Can I make changes to my budget plan?
Yes. If you have questions regarding your tuition balance, please call the Henry Ford
Community College Cashier's Office at ((313) 845-9641. Call FACTS at (800) 609-8056 to
make any changes to your address, phone, or banking information. Go to "My
FACTS" Account to review your agreement on line. Please remember to access "My
FACTS" Account, the instructions are located in your confirmation letter or e-mail.
Your required down payment will be immediately processed by FACTS from the payment option
you have selected.
To link to your
user information once you have established an account with FACTS click above. To connect,
you will need the agreement number, school identification number and validation code from
the Confirmation Letter sent to you once you submit an agreement using e-Cashier.
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