Terms and Conditions for Payments.

ACH One-Time Payment

By submitting your payment, you authorize IonTuition to automatically charge your designated bank account for a one-time payment in the amount indicated on your payment form. You acknowledge and agree to the following terms:

  1. Your auto-debit authorization will remain in effect for the timeframe specified unless you provide written or verbal notification to cancel.
  2. You may cancel or modify your payment arrangements by contacting IonTuition during normal business hours at least three (3) business days before your next scheduled payment date excluding bank holidays and weekends.
  3. You also have the right to dispute any unauthorized or incorrect transactions by emailing us at servicing@iontuition.com.
  4. If any auto-debit payment date falls on a weekend or bank holiday, the payment may be executed on the next business day.
  5. Any payment transactions on your bank statement will appear as IonTuition CP.

One-Time Credit/Debit Card Payment

By submitting your payment, you authorize IonTuition to automatically charge your designated credit or debit card for a one-time payment in the amount indicated on your payment form. You acknowledge and agree to the following terms

  1. Your auto-debit authorization will remain in effect for the timeframe specified unless you provide written or verbal notification to cancel.
  2. You may cancel or modify your payment arrangements by contacting IonTuition during normal business hours at least three (3) business days before your next scheduled payment date excluding bank holidays and weekends.
  3. You also have the right to dispute any unauthorized or incorrect transactions by emailing us at servicing@iontuition.com.
  4. If your payment is initially declined, it may be resubmitted a second time.
  5. If any credit/debit card payment date falls on a weekend or bank holiday, the payment may be executed on the next business day.
  6. Any payment transactions on your statement will appear as IonTuition CP.

Credit/Debit Card Recurring Payments

By enrolling in IonTuition’s recurring payments, you authorize IonTuition to charge your designated credit or debit card for payments related to your private student loan servicing. You acknowledge and agree to the following terms and conditions:

  1. Your auto credit/debit card authorization will remain in effect until your loan(s) is paid in full or provide written or verbal notification to cancel. In addition, the amount you initially authorized is subject to change and any changes will be reflected on your monthly billing.
  2. You may cancel or modify your payment arrangements by contacting IonTuition during normal business hours at least three (3) business days before your next scheduled payment date excluding bank holidays and weekends.
  3. You also have the right to dispute any unauthorized or incorrect transactions by emailing us at servicing@iontuition.com.
  4. If your payment is initially declined, it may be resubmitted a second time.
  5. Any payments not honored by your financial institution may require you to pay with a money order, cashier’s check, or other certified form of payment.
  6. Any payment transactions on your statement will appear as IonTuition CP.

ACH Recurring Payments

By enrolling in recurring ACH payments, you authorize IonTuition to electronically debit your designated bank account for payments related to your private student loan(s). You acknowledge the following terms and conditions:

  1. Your auto-debit authorization will remain in effect until your loan(s) are paid in full or you provide written or verbal notification to cancel. In addition, the amount you initially authorized is subject to change and any changes will be reflected on your monthly billing.
  2. You may cancel or modify your payment arrangements by contacting IonTuition during normal business hours at least three (3) business days before your next scheduled payment date excluding bank holidays and weekends.
  3. You also have the right to dispute any unauthorized or incorrect transactions by emailing us at servicing@iontuition.com.
  4. If any auto-debit payment date falls on a weekend or bank holiday, the payment may be executed on the next business day.
  5. Any payments not honored by your financial institution may require you to pay only with a credit or debit card, money order, cashier’s check, or other certified payment.
  6. You are also responsible for notifying ION of any changes to your checking/savings account or contact information.
  7. Any payment transactions on your bank statement will appear as IonTuition CP.