All students will need funds for such things as clothing, shampoo, movies, postage stamps, and transportation to and from home. Monthly Payment Plan SIUC offers an installment plan to assist students and families in managing educational expenses. The payment plan shows possible billing amounts for students who will not receive any financial assistance. A monthly statement of account is issued listing University charges including tuition, fees, on-campus room and board, and any other balance due. The statement also includes credits applied from financial aid tuition waivers, grants, scholarships, and loans, and any cash payments.
Credits reduce the total semester charge.
Therefore, the installment amount due will be one-fourth of the reduced total semester charge. Start-Up Costs Students should come to SIUC with sufficient funds to buy books, supplies, and any other items necessary to begin the semester. This also is true for students who expect financial aid or on-campus employment because financial aid refund checks and student paychecks are not always available as soon as students arrive on campus. Financial Aid Disbursement Scholarships, grants, and student and parent loans are credited directly to the student's University account. Maintaining correct addresses with SIUC is very important.