Payment Plans and Deferments
ERAU Semester Plan: The Daytona Beach Campus provides a payment plan which allows you to make up to four monthly installments per semester for your out-of-pocket expenses. Your invoice balance can be divided into a maximum of 4 payments, depending on when you enroll in the plan. An enrollment fee is added to your first payment. You pay this fee and your first installment upon enrollment. You will receive an e-mail reminder each month regarding your upcoming payment. You may enroll in a payment plan for each semester you are registered (Plans are available online 30 days prior to the start of each semester).
The University will grant deferments from the following sources:
- Financial Aid: Upon receipt of your award notification and any requested documents, the Financial Aid Office will send you notification of award finalization and place a deferment on your account for the amount awarded.
- Sponsorship: Any student whose tuition and fees are paid by a third party (Foreign Embassy, U.S. Government, Trust Account, sponsor) is considered a sponsored student. Formal arrangements for sponsor payments should be made with the Student Accounting Office, located in Tomcat Hall: 386-226-6280.
- Veteran's education benefits: This deferment is obtained by contacting the Military & Veterans Enrollment & Transition Services (MyVets) office.