Installment Plan

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What is WIP?

The Wheaton Installment Program (WIP) is an alternative to lump-sum semester payments for educational costs. The following three plans are available:

Note: Applications for the 2014-15 school year will be accepted after June 1st.

Annual Plan

Semester Plan

Deferred Plan

For a $50 enrollment fee, participants are able to budget yearly educational costs into 10 monthly payments. This plan is only available for those whose fall and spring semester costs are equal.*

Enrollment due dates are as follows:

  • July 10 - 1 payment and $50 due
  • August 10 - 2 payments and $50 due

*There is an annual plan available through the WIP Office for those whose semesters are unequal.


For a $35 enrollment fee, this plan divides semester costs into 5 monthly payments.

Enrollment due dates are as follows:

Fall semester

  • July 1 - 1 payment and $35 due
  • August 1 - 2 payments and $35 due

Spring semester

  • December 1 - 1 payment and $35 due
  • January 1 - 2 payments and $35 due

Worksheet/Enrollment Form for Semester Plan (PDF)

For a $50 enrollment fee, this plan divides semester costs into 3 payments.

Enrollment due dates are as follows:

Fall semester

  • First Wednesday of classes 1 payment and $50 due

Spring semester

  • First Wednesday of classes 1 payment and $50 due

Worksheet/Enrollment Form for Deferred Plan (PDF file)

 

How do I enroll?

Select the plan that best meets your needs and print the appropriate worksheet. Complete the form and mail it along with the required payments to the WIP Office.

How will my WIP budget be reflected on the student account?

The total anticipated payments (budget) for each semester will be credited to your student account prior to the start of the semester. You will not see individual payments as they are made each month.

How will I know if I budgeted correctly?

This is done by comparing your worksheet to your schedule/bill. You may need to either adjust your bill or make a change to your schedule/bill.

Please note that monthly statements default to the student CPO box but may be changed to an alternate address upon the student’s request. Additionally, student account information can be accessed on-line through BannerWeb.

If necessary, will I be able to adjust my budget?

If you find there are items that are not budgeted, you may contact the WIP Office to recalculate your payments. Any unbudgeted charges can also be paid directly to Student Accounts. Budgets are not automatically adjusted by the WIP Office.

What if I show a credit balance in my student account?

Credit balances will only be refunded upon completion of the payment plan. Credit balances may be refigured into your budget, however, at any time during the semester.

Can I register for future semesters if my payment is late?

Payments are due on the 1st of the month. WIP accounts that are not current at the time of registration will preclude those students from registration.

Can I change my housing, meal plan or insurance through WIP?

No, all changes must be made through the respective office(s). Solely listing a change on your worksheet will not process the desired adjustment.

Will I be able to view my payment plan on-line?

Yes. Once enrolled you will be given a PIN to access the website. You will be able to see your budget, payments made, and remaining amount due.

Will I automatically be re-enrolled on WIP for future terms?

No. You must complete a enrollment form and mail it along with required payments and enrollment fee each time you wish to participate in WIP.

How can I contact WIP?

Telephone: (630) 752-5804
Email: WIP@wheaton.edu  
Fax: (630) 752-7008

Hours:
Monday - Friday, 9 a.m. - 4 p.m.

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