Payment
Plans

Jacobs Medical Academy – Payment Plan Policy

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Jacobs Medical Academy offers payment plan options to make healthcare education more accessible and affordable. This option allows students to begin their program without paying full tuition upfront, secure their enrollment seat, and pay the remaining balance over time through weekly or bi-weekly payments.

 

Payment plan options are only available for programs with a duration longer than one (1) month. Due to the accelerated nature of short-term training programs, financing is not offered for courses completed within one month or less.

 

To remain actively enrolled at Jacobs Medical Academy, students are required to select and maintain a weekly or bi-weekly payment, on auto draft through the school. Please note that payment processing fees are not part of the tuition balance and are charged separately.

 

Payments not paid will be reported monthly to all three credit bureaus.

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Eligibility and Required Documents

 

Students may select their payment plan option at checkout for any eligible program. At checkout, students will have the option to choose either a weekly or bi-weekly payment schedule.

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All payments will be scheduled for automatic draft on Fridays (auto pay).

 

To process financing, the following required documents must be uploaded at checkout:

 

• Government-issued Driver’s License or State ID

• Physical Social Security Card (required for identity verification and fraud prevention)

• Enrollment deposit: $550

 

Applications cannot be processed without all required documents.

 

Any falsified, altered, or invalid documents will result in immediate rejection from admissions.

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Financing Terms

 

All student financing agreements include:

 

• Weekly or bi-weekly payments based on total tuition and program selection

• Automatic payment drafting (auto pay)

• Online access to view balances and make payments

• No credit check (a co-signer may be required if unemployed)

• Monthly reporting to all three major credit bureaus

 

These terms apply only to eligible programs offered at Jacobs Medical Academy.

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Completion, Exam, and Graduation Eligibility

 

The following policies apply to every program at Jacobs Medical Academy:

 

Students will NOT receive or participate in any of the following until tuition is paid in full:

 

• Certificate of Completion

• Authorization or referral for any state or national exam

• Eligibility to sit for the NHA exam or any external exam

• Participation in graduation or pinning ceremonies

• Participation in the graduation photo shoot

 

No exceptions will be made.

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Financial Responsibility Policy

 

When selecting a payment plan, students agree to the following:

 

• If a student fails a program, they remain fully financially responsible for the remaining balance of their financing agreement.

• Student financing payments are non-refundable, regardless of academic performance or withdrawal.

• If tuition was paid in full prior to failing a program, no refunds will be issued.

 

Tuition covers instruction, administrative processing, learning materials, and seat reservation—all of which are utilized whether or not the student completes the program.

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Tuition Balance Policy

 

Students are responsible for maintaining their payment schedule according to their financing agreement. Failure to remain current may delay program completion, exam eligibility, or graduation.

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Re-Enrollment After Failing a Program

 

Students must meet the following conditions before enrolling in another program:

 

• Zero balance on their current tuition account

• Submission of a new enrollment form

• Compliance with all current program requirements