BOR offers Nelnet Business Solutions (formerly knows as FACTS Management Co.) as a convenient budget plan. It is not a loan, no interest or finance charges are assessed and there is no credit check. Your payment plan amount is calculated on your current account balance, which is your total term tuition and fee balance less any accepted financial aid, which will be applied directly to your account. Your monthly payment amount will be adjusted for changes on your account due to class changes (adds/drops), financial aid changes, or any changes to your student account balance. This adjustment will be made after the add/drop period and prior to your final two payments.
A nonrefundable $40/semester Nelnet Business Solutions (NBS) Enrollment Fee will be charged. The payment is automatically deducted on the 5th of each month from a checking or savings account. You may also have your payment charged to your credit card. If you elect to use your credit card, only American Express, Discover Card, MasterCard, or Visa may be used and a 2.75% convenience fee will be charged.