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Wright State is also adjusting its payment plan to allow students to make four payments during a semester, instead of three payments they made under the quarter calendar.
Along with a $40 fee for using the service, students will make payments in August, September, October and November for the fall semester, said Steven Sherbet, university bursar and director of treasury services at Wright State.
“They have the ability to spread those costs out over four payments. Our hope is that for some families that will help them out,” Sherbet said. “And hopefully not have to seek out alternative loans.”
He said 10 percent to 15 percent of Wright State students use the service.
Wright State students can sign up online, and the service deducts financial aid before figuring the four payments, he said.
Wright State University has surpassed $100 million in annual research funding and sponsored programs, an increase driven by industry-backed projects that highlights the school’s status “as a national player” in science.
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