Nelnet Payment Plan
Allegany College of Maryland is pleased to enlist the services of Nelnet to make the
payment process easier for you. Nelnet Business Solutions (NBS) is a tuition management plan that provides you with a low cost option for budgeting
tuition and other educational expenses. It is not a loan program. You have no debt,
there are no interest or finance charges assessed, and there is no credit check. The
only cost to budget monthly payments through NBS is a $25 per semester nonrefundable
NBS Sign-up Fee. This plan allows students and families to avoid the traditional
lump-sum payments and spread costs evenly for up to 5 monthly payments.
How it Works
Using Nelnet Business Solutions (NBS) is simple. You may budget your tuition and fees
one of two ways:
1. Checking/Savings Account (ACH) - ACH payments are electronic payments you have
authorized NBS to process directly with your financial institution. It is simply a
bank-to-bank transfer of funds from your account to ACM's account. Payments may be
made from either your checking or savings account. Payments are processed on the 5th
of each month and will continue until the balance is paid in full.
2. Credit Card Option - Many payers have requested the option of charging their monthly
tuition payment to their credit card. This enables you to take advantage of various
bonus programs offered by your credit card company. If you elect to use this option,
your monthly payment will be automatically charged to the credit card you designate
on the 5th of each month. Payments will be charged each month until the balance is
paid in full.
When you sign-up with Nelnet, be sure to have the following information:
- Your student login and password. This will be the WebAdvisor login assigned by Allegany
College of Maryland at the time of registration.
- The name, address, and e-mail address of the person responsible for making the payments.
- To protect your privacy, you will need to create your own unique Nelnet Access Code.
Please be sure that it is something you can easily remember.
- $25 Sign-up Fee
- Account information for the person responsible for payment.
- If paying by automatic bank payments you will need the bank name, telephone number,
account number, and the bank routing number. (This information can often be located
on a check.)
- If paying by credit card, you will need the credit card number and expiration date
Please remember, once you have submitted your Nelnet Business Solutions (NBS) agreement
online, any down payment is deducted immediately.
Please do not assume your balance will automatically be adjusted if financial aid
is received or a class is dropped or added. You should review your agreement balance
online through MyPaymentPlan Account or call the Allegany College of Maryland Business
Office at (301) 784-5227 to confirm the change.
How To PaySigning-up online
is simple, secure, and easy. The payment plan can accommodate down payments and monthly
payments. Once you are in "NBS Payment Plan," refer to the menu bar at the top for
additional answers to questions you may have. Use the "Proceed" button to move through
the steps, making sure you read all the information provided. Before you click the submit button
, please carefully read through the Final Review and the Terms and Conditions. An
immediate email will be sent (to the e-mail address provided for the person responsible
for payment) confirming you've successfully signed-up for the NBS Payment Plan.
If you are the student or want to pay a student's tuition:
1. Go to www.allegany.edu
2. Click on WebAdvisor
3. Sign in with student login and password
4. Under "Financial Information" click on "Account Info, Payments and Payment Plan."
Under "Student Finance" click on "Payment Plan."
5. Follow the directions on the page to sign-up for the NBS payment plan, if there
is not an option to sign-up for the payment plan, please contact the Business Office
at 301-784-5227. During the process you will receive instructions on how to review
your accounts at any time.Notice: You must provide an email address that is viewed often. If you use your
Allegany College of Maryland email address, you must check it frequently for emails
from Nelnet and ACM about your account. Effective correspondence depends on a valid
email address (and phone number)!
IMPORTANT! Call NBS at 1-800-609-8056 to make any changes to your address, phone,
or banking information. If you have questions regarding your NBS agreement please
contact NBS directly or view your agreement online through MyPaymentPlan Account.
To access MyPaymentPlan Account, follow the instructions located on the NBS Confirmation
Letter or e-mail. If you have questions regarding your financial aid award or tuition
balance, please call the Allegany College of Maryland Business Office at (301) 784-5227.
We're here to help
Frequently Asked Questions
- When and what time will the funds be withdrawn from my bank account?
NBS will process your payment on the 5th of each month, but it is your financial institution
that determines the time of day the payment is debited. NBS recommends you check with
your financial institution to determine how far in advance funds should be deposited
into your account to ensure the automatic payment clears. If a payment date falls
on a weekend or holiday, the payment will be attempted the following business day.
- How will I be notified of my payment information?
Once your agreement is posted to the NBS system, you will receive a confirmation notification
of your payment amount by e-mail or letter. Payments will be processed until the total
balance is paid in full. The notification has important information you must have
to log on to your NelNet Account. The notification also serves as a reminder that
a $25.00 per semester nonrefundable NBS Sign-up Fee will be processed from the account
indicated on the agreement.
- Can I pay by phone with NBS?
In accordance with the Terms & Conditions of your NBS agreement, payments are processed
electronically. NBS does not accept payments by phone.
- What is the NBS Access Code?
To help protect your privacy, NBS asks the person responsible for the payments to
create an access code. If you should call into NBS inquiring about your NBS agreement
or inquire online through MyPaymentPlan Account, you will be required to verify your
NBS Access Code. If you do not create an access code on your NBS agreement, one will
be randomly assigned to you. Your NBS Access Code will be identified on your NBS Confirmation
Letter. Please remember to keep a copy of your confirmation letter.
- How do I avoid phishing attempts?
Nelnet Campus Commerce is committed to maintaining strict security measures to protect
the data entrusted to us by our clients. Read more from Nelnet.
INFORMATION ON RETURNED/MISSED PAYMENTS
Should an automatic bank payment or credit card payment be returned/missed, a $30.00
Returned Payment Fee will be automatically assessed to your account. You will be notified
by NBS of the returned/missed payment via mail or e-mail.
Important! If you have questions about your agreement or need to make changes to your
address, phone or banking information, contact Nelnet Business Solutions at 1-800-609-8056.
Please be sure to have your NBS agreement number and NBS access code available before
placing the call.
If you have any questions regarding your balance, contact the Business Office at (301)
If you have questions regarding your financial aid, contact Student Financial Aid
at (301) 784-5400.
Availability of the payment plan is determined by Allegany College of Maryland. Please
be aware the college may elect not to have the payment plan available during specific
times and dates during registration.