Student Tuition Covenant Agreement
Student Loans
Interest free student loans are made available to each FICU/ICCU student. Eligibility to receive an interest free university loan is based upon each student’s direct financial need. All payment plans are referred to as Student Tuition Covenant Agreements (aka Covenant Agreements). Covenant Agreements may be approved for as little as $100.00 or more per month. Confer with your academic advisor or directly with the FICU Admissions Office, if you wish to apply for a covenant agreement.
When approved, your Student Tuition Covenant Agreement, noting any transferable credits, assessed credits will reflect your total tuition price. This Covenant Agreement will be sent to you via email, fax or postal mail.
Once you have received the Covenant Agreement, it must be review it for accuracy of personal information and program choice.
When you fill in the center portion of the Covenant Agreement, you acknowledge your total tuition price, let us know your down payment amount and agree to a monthly payment of no less than $100.00 per month. There is no limit to the amount you may choose to pay per month.
At the bottom of the Covenant Agreement, you have the option to take advantage of FICU/ICCU’s no interest automatic payment plan. Many of our students love this option due to the ease and convenience. You never have to worry about calling in late or worrying about your check getting lost in the mail. This flexible program allows students the freedom to proceed with their chosen degree program while fulfilling their tuition requirements.
Time is of the essence. You are given 30 days in which to sign and return the Student Tuition Covenant Agreement locking in their tuition price. As costs of tuition go up, you, as the student have peace of mind in knowing that your tuition price is locked.