(800) 609-8056 info@factsmgt.com
Nelnet Business Solutions customer service representatives are available Monday through Thursday, 7:30 am to 7:00 pm (CT), and Friday, 7:30 am to 5:00 pm.
1. When and what time will the funds be withdrawn
from my bank account?
NBS specifies the date each payment will occur
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.
2. 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 My FACTS Account. The notification also
serves as a reminder that a $25.00 per semester
nonrefundable NBS Enrollment Fee will be
processed from the account indicated on the
agreement.
3. 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.
4. 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.
5. What happens if I pay my tuition in full with NBS and later add classes?
Full payments through NBS does NOT put you on a payment plan. If you pay in full through NBS and later add classes, you will need to pay the balance at the time in which the classes are add or ALL of your classes will be dropped.
INFORMATION ON MISSED PAYMENTS
Should an automatic bank payment or credit card payment
be missed, a $25.00 NBS Missed Payment Fee will be
automatically assessed to your account. You will be notified
by NBS of the missed payment via mail or e-mail.