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Budget Tuition Plan (BTP)

We are aware that families are finding it more difficult to pay for educational expenses in one large payment each semester. Therefore, as a service to your family, Virginia Tech is proud to offer the Budget Tuition Plan (BTP) for your consideration. The BTP allows parents and/or students to make 4 monthly payments per semester for tuition and fees, housing, and dining plans by using direct debits from a checking account. Participation in the BTP is optional and available to all students.

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

How to Apply

The 2008-2009 BTP Brochure & Application is coming soon. When it becomes available, you will be able to download, print and send it in to apply.

Budget Tuition Plan services are also available at our office at Customer Service Window 6.

Reductions

Is your Budget Tuition Plan overpaid or over-budgeted? If the amount budgeted is more than the total semester charges, the payer should reduce the remaining debits or cancel the BTP. Use the Budget Tuition Change Form (PDF) to reduce debits or cancel the BTP.

If a refund is still due, the refund policy specified in the Budget Tuition brochure will be in effect. No refund will be given if there are scheduled debits to be made to your account for the semester.

Bank Changes and Debit Increases

Use the Budget Tuition Change Form (PDF) if you need to change the bank information for an existing Budget Tuition Plan. For security reasons, this form must be printed out, signed, and mailed to the address shown at the top of this document. You may also fax this form to us at 540-231-3238. On-line submission is not available.

If you need to increase the amount of your debits, you may use the Budget Tuition Change Form (PDF) to do this.  This form must also be mailed to Virginia Tech Bursar's Office, 150 Student Services Building, Blacksburg VA  24061, or faxed to us at 540-231-3238. On-line submission is not available. You may also email request changes to bthelp@vt.edu in place of the Change Form

Cancellations

Use the Budget Tuition Change Form (PDF) to remove yourself from the Budget Tuition program. The form may be completed and mailed to the address at the top of this document. A letter will be mailed to the payer confirming the cancellation.

Processing Time

Please note that the processing time for reductions, increases, cancellations, and changing bank information is 5 days.