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Q&A
Flexible payment plans for students with unpaid balances
0:54:38
·
36 sec
CUNY representatives explain the flexible payment plans available to students with unpaid balances, highlighting both the benefits and limitations of these plans.
- Flexible payment plans are available to all students, not just those in specific programs
- Payment periods have been extended from 3.5 months to a full 12-month period
- Extended payment periods allow for lower monthly payments
- Some students still struggle to meet payments or exhaust their payment cap
- 13,687 students are unable to re-enroll due to unpaid balances, despite these plans
Eric Dinowitz
0:54:38
Is that for only students in the CUNY CARES program or for all students?
0:54:45
Except for the 13,687 students who think of Well,
Reine Sarmiento
0:54:42
For all students.
0:54:49
may not be in a position to afford to even pay those payments.
0:54:52
The payments could go on for a full twelve month period where before it used to be three and a half a full semester.
0:55:03
That allowed the student to have those payments much lower.
0:55:06
But when they accrue those types of balances, some of them are unable to even meet that and some exhaust their cap.