Parents can now log in to their children’s school, and pay for tuition, at their own expense, with a virtual credit card.
The new payment option, which was announced on Monday, was announced in partnership with the Education Department and the Association of Private Sector Colleges and Universities.
The $25 monthly payment, which can be used to purchase the textbook and online-only curriculum, is one of the first financial-aid options for students who are unable to pay full price at home.
“I think it’s a great idea,” said Nicole Nye, the director of financial education at the Alliance for Educational Technology.
“This is something that is going to really help parents in many ways.”
The Education Department announced a similar program last year, which allows families with children in private schools to make payment by the hour.
The program allows parents to make payments up to $10 a month on behalf of their children, even if they don’t attend school.
This new program is expected to be available to all private schools in 2019.
“The technology is pretty good and the pricing is pretty reasonable, so it’s not like they’re charging a lot,” Nye said.
“They’re providing a service that is relatively affordable.”
The government’s new program will allow parents to pay by the week, with the option to pay at any time, for a full year.
It’s one of several options available to students who can’t pay full cost at home, such as families who have students in private school who have graduated from college, are in their final year of high school, or are in need of help with paying for college.
For more: For more on the digital payments, check out the video below.
What’s your school’s financial education plan?
The online program is currently available only to schools in New York, New Jersey, Delaware and Pennsylvania.
Schools are also limited to offering payment by credit card for students in the same state.
The department has said it is working with other states to expand the program to other states, including New York and California.
The payment option is a good move, said Lisa O’Brien, who manages the nonprofit educational program at the Partnership for Educational Progress.
It means that if your school does have an option to provide payments by credit cards, it will be much more likely that students are able to use it.
“Parents are more likely to pay for it,” O’Brien said.
But she noted that many private schools, including many of the public ones, are not yet offering this option.
“There are not many of them that are,” she said.
O’Neil said that the new program may help students in some states, but that it will not help in other states.
“If the only option that they have is to pay with a credit card, that is something they’ll never have to do,” she added.
“And that’s the reality of it.”