Summer 2018 Tuition payment has been extended to Friday, May 25, 2018.

Fall 2018 Bills will be available online after July 1, 2018.  Fall 2018 Tuition is due August 1, 2018.


Terms of Payment

Pratt Institute will no longer accept debit/credit cards directly in-person, by mail, fax, or over the phone for payment of tuition, housing, meal plan, and fees. However, debit/credit cards can be used to pay online through Point & Pay via your MyPratt Portal account.

Point & Pay is an independent third party processor who accepts payments credit card payments and charges a non-refundable convenience fee based on the amount charged. Credit card payments will incur a fee of 2.5% PER TRANSACTION which is assessed by Point & Pay our third party payment processor and not Pratt. The convenience fee is paid in full to and retained by Point & Pay and Pratt Institute does not receive any of this fee. The charge for the convenience fee will appear separately from the payment on your card statement. To make a debit/credit card payment, login to MyPratt portal using your credentials as instructed below.

Credit Card Convenience FAQ

For checking or savings account debits, we encourage you to use the electronic check (ACH bank transfer from a U.S. checking or savings account) option so that you are not assessed a convenience fee. Other alternative payment methods include traveler's checks, cashier's checks, money orders, and cash (in person only). 

Log in with your OneKey at my.pratt.edu

  1. Click "Log-In"
  2. On the left side of the page, Click Academic Tools
  3. After the system logs you in, click on the "STUDENTS" menu on the sidebar

Under Bursar you can choose to "Make a payment" or "My Tuition Bill" to view your bill.

Student Financial Services provides full service at the window during normal business hours. All paper checks must be payable to Pratt Institute in U.S. dollars and drawn on a U.S. bank. Please include your student ID number on the check. We do not accept foreign coins or currency for payment.

Please be advised any cash amounts paid totaling $10,000 or more made within a 12 month period, the IRS form 8300 will be completed and sent to the IRS. Please be sure to have Photo ID.


FlyWire (For International Students—International Wires)

Pratt Institute has recently partnered with FlyWire to offer an innovative way to streamline your international tuition payments. Developed by an international student, FlyWire offers a simple, secure and cost-effective method for transferring and processing education payments in foreign currencies.

By offering favorable conversion rates unmatched by larger financial institutions, FlyWire enables our international students to pay from any country and any bank while saving a significant amount of money on their payments to us. Furthermore, students will be able to track the progress of their payment throughout the transfer process which will reduce incoming phone calls. Because FlyWire captures all the student information at the time of payment, our students will be alerted when their payment is received. FlyWire provides an online dashboard that will help us in identifying your funds.  

You may access this information via MyPratt or you can find the link to the FlyWire solution at www.flywire.com.

We are pleased to offer this exciting new option that will help our international students save money when paying your tuition. Please remember: The funds are transferred and your country will determine if there is a need for you to initiate the wire transfer in person at your local bank. The funds typically take 5–7 business days to receive.

Funds received in excess of tuition from Flywire will be returned via Flywire for the full amount received minus a $35 fee charged by Flywire. 

Tuition Management Systems Semester-Based Payment Plan

For your convenience, you may divide your payments into 3, 4, 5 monthly installments. The cost to join the tuition installment plan is $115 per semester. For further information, call 1.800.722.4867 or visit the TMS website at www.afford.com/pratt. The TMS plan is not available for summer school.

Refunds

Student Financial Services (SFS) is committed to assisting students in meeting the cost of a college education. Financial aid has helped millions of students pay for their education beyond high school. The Free Application for Federal Student Aid (FAFSA) is the key to some of the best resources available to you to fund your education. Therefore, it is important to complete the FAFSA by March 1 annually. We want our students to take advantage of all the grants, loans, and work-study opportunities available to them. Should you need assistance, your designated SFS Counselor is ready and eager to assist you with navigating through the financial aid process.

We hope the information provided will answer questions asked by most financial aid recipients. Financial Aid at Pratt is awarded on the basis of an academic year (award period). Most financial aid is disbursed in two equal payments over the award period.

The funds will be sent no later than 14 calendar days after the term begins and/or the credit appears on your account.

Plus Loans processed require a separate authorization from the parent who borrowed the loan in order to release the excess funds to the student. Students are responsible for payment of tuition and fees incurred after any credit balance refund has been released (i.e. changes in registration and/or meal plans or residence hall fees). Credit balance refund distributions are made in accordance with applicable federal guidelines.

A separate Authorization is required from a student/parent in order for Pratt to hold the excess funds on a student’s account to pay non-institutional charges, future semester institutional charges within the same award year the excess funds derived from (i.e.  Excess funds derived from fall’s Title IV funds to pay for spring’s semester charges), and/ or to pay minor charges, not exceeding $200, from a prior semester(s).

Refunds are released to eligible students within 14 days after the term begins and/or the credit appears  on your account. You must participate in your coursework to establish eligibility in order to continue to receive federal aid. Failure to participate in academically related activities will result in loss of eligibility of aid for all or part of the term. Disbursements may be delayed if you do not meet satisfactory academic progress for a prior term or there are incomplete files with the  Student Financial Services office.

A student will be liable for any portion of a refund received, or greater, should there be any billing adjustments to a semester’s registration, housing, meal plan, miscellaneous charges, and/or financial award amounts.

Collection Corner

If you have an outstanding tuition balance and if payment in full or payment arrangements are not made, your outstanding tuition balance will be referred to a collection agency. Once the account is referred to an outside collection agency it is then the student’s responsibility to contact the collection agency for arrangements to resolve their debt.

For those students who are on Bursar Hold, due to an outstanding tuition balance, payment in full must be received in order to receive an official transcript, a diploma, or participate in any future registrations. If you have any further questions, please contact Derrick Ligon, Accounts Receivable Manager, in the Student Financial Services office at 718.230.6881 or dligon@pratt.edu.

Bills Are Mailed To One Address

 A "billing" address may be established, changed, or deleted at any time by writing or visiting the Office of the Registrar.

 Semester bills are available primarily online and only mailed upon request. The "billing" address is maintained separately for the Student Financial Services office and is not affected by changing the "permanent" or "local" addresses. You must inform the Registrar's Office in writing of any address changes. The most current billing information can always be found online at my.pratt.edu. If you have not done so, please give access to your parents using the Parent Module located in my.pratt.edu.