The Cornell Installment Plan (CIP), administered by Higher One/Tuition Pay, enables students and their families to make interest-free monthly installments to pay each semester's tuition and expenses.
You determine how much you need to budget for tuition, housing, dining, etc. for the fall and spring semesters. The fall budget amount will be credited to your Bursar in July (appearing on your July bursar bill), and the spring budget amount will be credited to your Bursar account in December (appearing on your December Bursar bill). If you enroll in either the fall or spring plan only, the whole amount is credited to your Bursar account in the semester in which you enrolled in the installment plan.
You repay your CIP in monthly installments for the budgeted amount credited on your fall and spring Bursar bill. Your actual monthly payments do not appear on your Bursar bill. They are reflected in Higher One's monthly billing statements and in the records of your Tuition Pay plan account. You are responsible for paying any amounts remaining due on your Bursar account after the CIP credit has been applied, including amounts still due if you underestimated your Tuition Pay plan budget.