Payment Plan

Dates and deadlines

• Available for fall and winter terms, with three installments per term.
• You can enrol in a payment plan once the enrolment period opens, see date below.
• Payments are due on the 20^th of the month, see due dates below.
• Your payment plan will automatically adjust if there are any changes to your fees (e.g. if you add or drop classes).
• You are responsible for ensuring your payment and payment methods are kept up to date.
• You can add an authorized user as an additional payer to your account (see FAQ below for steps).
• PayMyTuition will send you email reminders about upcoming payments.

Once the payment plan enrolment period opens, you can enrol in a plan. For Fall 2024, payment plans are available starting July 11, and for Winter 2025, they open on November 11. Only one payment plan is available per term.

To enrol in a payment plan

1. Eligibility check: Review the details on this page to see if you qualify for a payment plan and understand its terms. If eligible, you can enrol yourself in a payment plan through PayMyTuition.

2. Enrol in a payment plan in PayMyTuition:

   • ​​Log in to your MyNAIT portal

   • Go to Open Self Service

   • Select the Financial Account tile to access the PayMyTuition Payment Center.

   • Then choose your financial institution’s (bank) location, where you’ll be redirected to PayMyTuition. Select the ‘ENROLL IN PAYMENT PLAN’ button to start the payment plan process.

     • If you do not see this button, you are not eligible for a payment plan at this time.

3. View available terms and cost breakdown: Before enrolling, check your charge details and payment plan balance. Make sure you're fully informed of all expenses before enrolling in a plan.

4. Input payment method and finalize your plan: Carefully review the final payment plan agreement, including installment due dates. If you’re paying from a Canadian bank account, you’ll be prompted to input your payment method (credit card or banking information).

5. Pay the $50 payment plan setup fee (non-refundable)

6. Making payments:

   • Canadian financial institutions: If you use a Canadian bank, funds will be automatically withdrawn on your installment dates. Your payment method will be used for all scheduled payments. You can check your balance and remaining payments through PayMyTuition’s secure payment portal.
   • International financial institutions: If you use an international bank, you must log in before each installment due date to make a payment. Be sure to account for processing time to ensure NAIT receives your funds on time.

Your payment method depends on your bank account location:

Students paying from a Canadian financial institution

If you’re paying from a Canadian financial institution (bank), you must set up your payments using either:

• Pre-authorized debit (banking information); or
• Credit card (Visa, Mastercard, American Express)*

Your selected payment method will be used to automatically withdraw funds on your installment dates. Ensure sufficient funds are in your account for pre-authorized debit, or enough credit is available on your credit card.

*A 2.5% non-refundable convenience fee will be added to all Visa and Mastercard) payments. A 3.75%  non-refundable convenience fee will be added for American Express payments.

Students paying from an International financial institution

If you’re paying from an International financial institution, you can pay by:

• Visa debit or Mastercard debit; or
• Credit Card in your home currency; or
• Bank transfer

You must log in to PayMyTuition and initiate your payment before each payment due date. Make payments early, considering processing time to ensure NAIT receives the funds before the due date. For example, if using bank transfer, which takes up to 10 business days to process, initiate your payment at least 14 business days before the due date.

If you’re paying from an international financial institution, you are responsible for ensuring your payment arrives by the due date, including time for processing.

Once the payment plan enrolment period opens, you can enrol in a plan:

• For Fall 2024, payment plans are available starting July 11, 2024.
• For Winter 2025, they open on November 11, 2024.

Be sure to enrol in a payment plan by the tuition payment deadline to avoid having your classes dropped. Students in a payment plan won’t have their classes dropped for non-payment. You can only enrol in one payment plan at a time.

Yes, if you meet all the eligibility criteria, pay the setup fee, and complete the enrolment process, you are automatically given a payment plan. There is no additional approval required.

Yes, students with funds in an international financial institution can enrol in a payment plan. Before the due date of each payment installment, students will have to login to PayMyTuition to make their payment. Automatic withdrawals are unavailable from international financial institutions.

Students paying from international financial institutions will need to consider processing times to ensure the funds are received by NAIT before the due date.

A payment plan can be a great option if you’re looking to spread your tuition and fees across multiple installments rather than paying the entire amount by the tuition deadline. This approach gives you more time to manage your finances without the pressure of a lump sum payment. However, it’s important to remember that a payment plan is not a loan; it doesn’t provide additional funds for your education.

Before enrolling in a payment plan, ensure you have a budget and financial plan in place. This will help you cover the costs of your payment plan installments and other expenses (eg. living expenses, costs of books and supplies, etc.), setting you up for success and preparedness throughout the term.

Need support creating a financial plan? You can book a meeting with one of NAIT’s funding experts to talk about the costs of your education – email financialaid@nait.ca to book!

To enrol in a new payment plan for a future term, you must first pay off your current outstanding balance and meet the eligibility criteria for a new plan.  Also make sure you’ve completed all tasks in MyNAIT Self Service (My Tasks), as any outstanding task could affect your payment plan eligibility.

There is a $50 non-refundable setup fee charged for each payment plan.

Yes, your payment plan will automatically adjust to your latest balance.

No, payment plans do not cover the costs of books, supplies or rent/living expenses.  

NAIT Students’ Association (NAITSA) fees are also not eligible for a payment plan. You must pay NAITSA fees separately in PayMyTuition by the tuition deadline to access these services, like U-Pass.

This depends on whether your financial institution (bank) is Canadian or International. For students paying from:

• Canadian financial institutions: Your balance amount will automatically be withdrawn from your selected payment method on each installment due date.
• International financial institutions: You must login to PayMyTuition and initiate your payment before each payment due date. Make payments early and make sure to account for required processing times to ensure the funds are received by NAIT before the due date.

Yes! When enrolled in a payment plan, you can log in to your PayMyTuition account to make an extra payment towards your outstanding balance at any time. Any extra payment will be applied to your next installment.

• Miss one payment: The balance will be spread across the remaining installments.
• Miss two payments: You will be placed on financial hold and removed from the payment plan. You’ll then be required to pay your outstanding tuition balance immediately.
• Missing the final payment: You will be placed on financial hold and unable to enrol in future payment plans until the balance is paid. Graduating students won't receive their final transcripts and/or parchment until the final payment is made.

If you have been approved for Alberta student aid funding, NAIT will be notified of your funding approval and you’ll receive a confirmation e-letter in MyNAIT approximately 1 week before the tuition deadline. At this time in PayMyTuition, you’ll also see a banner message noting you have a sponsorship code on your account. As long as you see this banner message, you do not need to enrol in a payment plan and will not be dropped for non-payment. If you have out-of-province funding, please email confirmation of your funding to financialaid@nait.ca to have your account updated and the banner message added.  

If you’re waiting for your funding approval or your funding is delayed and you do not see a banner message with a sponsorship code on your account one week prior to the tuition deadline, we encourage you to enrol in a payment plan by the payment deadline so you are not dropped for non-payment while you wait for funding approval.

You’ll still be required to pay the non-refundable payment plan setup fee. This fee contributes to the administrative costs associated with the set-up and maintenance of payment plans. 

Changes can be made by you or your Authorized Users in the ‘Payment Center’ section in your PayMyTuition account. This is also where you can view your payment plan balance.

Remember that you’re responsible for any balance due on your student account.

Yes, you can switch from one chequing or saving account to another, or switch from a credit card to a banking account. To make a change to your payment plan, simply go to the ‘Payment Center’ section in PayMyTuition and update your payment method under the ‘Profile’ tab.

Yes, if a parent/guardian or associated party would like to support or manage your payments, you must first add them as an authorized user on the PayMyTuition payment plan portal. Authorized users will create separate login information to access the account.

How to setup an authorized user

1. In PayMyTuition, select Create Profile.
2. Select Register to setup your account.
3. Enter your name, email, phone number and password.
4. Once registered, select the Authorized Users tab and click Add New
5. Set the level of access your authorized user should have to your payment history and activity. Once finished, select Add.
6. The authorized user will then receive an email with instructions to create a separate login to access PayMyTuition.

Banking information is confidential and only the user will be able to see and access this information. Multiple Authorized Users can enrol in the same student's payment plan – if both parents/guardians want access, for example.

No, payment plan due dates are set and cannot be changed.

Ensure you drop all your classes before the drop deadline (12% of class) for the term, so you do not incur an academic or financial penalty. Your payment plan balance will then be adjusted accordingly.

As stated in NAIT’s drop deadlines, you will be responsible for the associated tuition and fees for any courses you remain enrolled in after the drop deadline.

You have the option to pay the full balance of your payment plan at any time instead of cancelling it. Please note that the payment plan setup fee is non-refundable.

If you’d like to cancel your payment plan, please contact studentfinance@nait.ca (include your full name and NAIT student ID number).