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Office of the University Bursar (0143)
150 Student Services Building
Blacksburg, Virginia 24061

Virginia Tech is pleased to offer the Budget Tuition Plan (BTP), a convenient method of planning and budgeting tuition, fees, room, board, lab, course and software charges. The BTP can cover all or part of the Fall and/or Spring institutional charges.

By using direct debits to your checking account, the BTP allows you to divide your cost into 4 monthly installments instead of paying one lump sum by the tuition payment deadline date.

Please note that the Budget Tuition Plan is not available as an option to pay Summer terms. The plan is only available for use for the Fall and Spring terms.

How to Apply

> Log onto www.hokiespa.vt.edu
> Choose ' University Account Information ' menu
> Choose ' Apply for the Budget Tuition Plan '
> Follow Instructions (PDF)
> Confirm and Pay the Application Fee

The Budget Tuition Plan application is currently closed and will re-open this July for enrollment in the 2012-13 academic year.

Terms and Conditions

• Debit Amounts - The total amount budgeted is payable in 4 installments per semester to be withdrawn on the third Friday of each month. Fall debits will begin in August and end in November; Spring debits will begin in January and end in April. Past due charges from previous semesters and other miscellaneous charges may not be included in the amount budgeted. Do not assume the student's account is paid in full because of participation in the BTP. If the BTP amount is less than the total due, the student or account holder should adjust the debits or pay the amount due separately by the tuition payment deadline.
• A complete BTP application and $65 application fee must be received by the tuition payment deadline date to avoid a late payment fee of 10% of past due balance, not to exceed $100 per semester. Also, if the account balance is not covered by the BTP or other means, the student's enrollment for that term may be cancelled for non-payment. A reinstatement fee of $75 as well as a late payment fee may be assessed to the student account to reinstate the enrollment.
• The application fee is non-refundable. If, for any reason, the $65 non-refundable fee is returned unpaid, the plan will immediately be cancelled and tuition and fees will be due by the tuition payment deadline date. A $50 returned check fee will also be assessed to the student's account
• A checking account is the only acceptable depository account that can apply to the Budget Tuition Plan.
• Cancellations and Changes - All requests for changes to the initial BTP application must be in writing (email acceptable). Any changes to bank account information must be received no later than 5 business days prior to the effective debit date. Increases, reductions, or cancellation of debits must also be received no later than 5 business days prior to the effective debit date. If not specified, the debit change will be reflected in all remaining debits. Virginia Tech will not make changes to an account without proper written authorization. If you need to cancel or make changes you may use the Budget Tuition Change Form (PDF) or email your request along with your name and student identification number to bthelp@vt.edu. The Budget Tuition Change form must be mailed to the Office of the University Bursar (0143), 150 Student Services Building, Blacksburg VA 24061, by fax, 540/231-3238 or delivered to the University Bursar Customer Service Windows in the Student Services Building.
• Change in Student Status - The BTP office is not notified of changes in student status. If the student has a change in residency status (in-state vs. out-of-state), resigns or withdraws from the university, reduces course load, co-ops, or is academically suspended, the student or account holder must notify the Bursar's Office in writing 5 business days prior to the next debit date to adjust or cancel the BTP. Failure to do so may result in unnecessary debits being withdrawn from the authorized bank account. Please refer to our Refund Policy web-page.
• Please note that the processing time for reductions, increases, cancellations, and bank information changes is 5 business days.
• Returned Items - If a debit is returned, a $50 returned debit fee will be assessed to the student's account. A late payment fee may also be assessed. Virginia Tech will not resubmit any returned debits. Two returned items during the academic year will result in cancellation of the BTP for the academic year. Multiple returned items may prevent you from participating in future BTP academic terms. If for any reason the check for the initial payment is returned unpaid, it will be counted as one returned item. In the event of default or a chargeback from the bank for insufficient funds, the student will be responsible for the penalty fee and interest at the highest rate allowed by law for all reasonable administrative costs, collections costs, and attorney's fees incurred in the collection of whatever funds are due. A "Hold" will be placed on the student's records until payment for the returned item has been received and cleared. All returned debits should be paid by guaranteed funds--cash, cashier's check, or money order.
• Be sure to have funds available in the designated checking account 2-3 days prior to debit date to prevent returned debits by your financial institution.
• Refunds - No Refund will be given while there are scheduled debits remaining for the semester If a refund is due, the student should contact the Office of the University Bursar in writing to reduce or cancel the BTP. Enrollment in direct deposit is recommended for all students receiving refunds. Students will be notified by email when a refund has been processed. All refunds are payable to the student. Please refer to our Refund Policy web-page.
• Applicant must be 18 years of age or older..
• Prior Participation - A new application must be completed and the application fee must be paid each academic year. Participation in the BTP does not carry over from year to year.
• Virginia Tech does not discriminate against employees, students, or applicants on the basis of race, color, sex, sexual orientation, disability, age, veteran status, national origin, religion, or political affiliation.
• In the event Virginia Tech has to utilize collection methods against the student, the student must pay all collection costs and also the statutory post-judgment interest.
• To comply with the provisions of the Family Educational Rights and Privacy Act of 1974 (FERPA), Virginia Tech will not release information to anyone without the student's permission. The student may grant access to information for parents or others by completing the FERPA Disclosure form in Hokie SPA.
• All questions concerning the BTP should be directed to the Office of the University Bursar (0143), 150 Student Services Building, Blacksburg VA 24061, phone: 540/231-6277, bthelp@vt.edu. Office hours are Monday through Friday 8:00am - 5:00pm, excluding closures due to Federal, State, and University observed holidays along with severe weather or emergency conditions.