Bursar/Student Accounts > Time Option Payment Plan (TOPP)
Time Option Payment Plan (TOPP)
Stony Brook recognizes the need for helping parents and students cope with the expenses of higher education. To this end, the University offers the Time Option Payment Plan (TOPP), a program that allows you to make equal and consecutive payments throughout the semester.
Since the plan is not a loan, there are no interest or finance charges. You pay only a $40.00 non-refundable enrollment fee to help defray the program's administrative expenses.
The deadline to enroll in the 4-payment Time Option Payment Plan for the Fall 2009 semester is August 15th, 2009. The deadline to enroll in the 3-payment Time Option Payment Plan for the Fall 2009 semester is September 15th, 2009.
Enrollment in the Fall 2009 TOPP must be in effect by September 15th, 2009. Prior balances must be paid in full before joining the current semester TOPP program.
Balances not covered by this agreement must be paid or properly deferred by the University's published due dates. You may only include financial aid in your TOPP calculations if you have accepted "My Financial Aid Awards" in SOLAR. Financial aid must appear as a valid deferment on your student account before you can include it on your TOPP calculation.
Important: Enrolled TOPP participants will receive Solar messages concerning the payment due dates.
Charges relating to room, meal plan, or course load may adjust your student account balance. TOPP contracts are automatically adjusted for any changes to your student account.
Students who have previously enrolled in the TOPP program and decide to use the TOPP program for the Fall 2009 semester must re-enroll through SOLAR.
You can have your charges distributed equally over three or four months, depending on when you enroll. The enrollment fee for the Fall 2009 semester is $40.00 and will be calculated in your first payment.
Enrollment Schedule for the Fall 2009 Semester Plan
| If Enrolled | First Payment Due | Monthly Payment |
|---|---|---|
| Through August 15, 2009 | August 15, 2009 | 1/4 of semester balance due |
| August 16, 2009 to September 15, 2009 | September 15, 2009 | 1/3 of semester balance due |
After your first payment, all payments are due on the 15th day of each month; the final payment is due on November 15th, 2009.
Please note: If you miss a monthly payment or do not pay the correct amount, you will be removed from the Time Option Payment Plan and your account will be charged a late payment fee of $50.00. Late payment fees may be cumulative up to $200.00 if further semester charges are not paid in full by the next billing due date.
Need Help?
If you have any questions about enrollment in the TOPP program, please call (631) 632-2455, to speak with a staff member in the Student Accounts Office.
