What are the policies on payment plans? Payment plans can only be established for the current semester. They cannot be established for past due balances. To be considered “current”, payment plans must be established in full by the payment due date. Payments are due by the 15th of the month. Payments returned unpaid will be charged a return check fee by Nelnet and by the College. If the payment plan with Nelnet becomes delinquent for non-payment, the student’s account with Endicott College will also become delinquent. Separate late payment fees may be assessed via Endicott College and Nelnet. Payment Plans will be cancelled for non-payment after two (2) consecutive missed payments or if 2 payments are returned by your bank. Students who have defaulted on their Nelnet payment plan due to non-payment or excessive returned payments may not be able to enroll in a payment plan at the College in the future.