Financial Clearance Policy
You can enroll and attend classes at Oakwood University when at least:
- The immediate amount due that is indicated on your course and fee statement has been paid or covered by Oakwood University approved financial aid, scholarships or other funds.
- You will be financially cleared when the immediate amount due is paid and you have enrolled in a payment plan agreement for the remaining balance with the approved payment plan provider below:
Complete an Installment Plan Contract for the remaining balance of tuition and fees with Tuition Management Systems (TMS). Payment plans may be set up by visiting http://oakwood.afford.com
or calling 1-800-722-4867, Monday-Friday, 7 AM-9 PM Central.
*You must complete a payment plan agreement for Fall semester before August 31st and Spring semester before January 31st or Oakwood University will automatically enroll you in a payment plan administered by Tuition Management Systems (TMS). A payment plan/assessment fee will be accessed to your student account.
All students who have a balance, after the last day to financially clear, that is not paid or covered by financial aid will be charged an assessment fee.
Past due balances are not eligible for deferment and must be paid in full. The Monthly Payment Plan Contract is calculated AFTER financial aid and third party sponsorships are deducted with a non-refundable Payment Plan Assessment fee.
3 Ways to Pay
Online: https://my.oakwood.edu/ics (id and password required)**
Automated Telephone: (256) 726-7791 Option 2
Cashier: (256) 726-8429
**Select Student, Student Accounts, Course and Fee Statement; View my Course and Fee Statement.