Payment Plans

Charter Oak is pleased to offer a convenient plan that enables you to break the cost of your education into manageable payments. Students can sign up for a payment plan online at https://acorn.charteroak.edu. After logging in, navigate to the "My Finances" tab and follow the "My Account Balance" link.

Payment Plan Guidelines

Charter Oak's semester-based payment plan is now available.  The plan requires a minimum account balance of $500. The number of payments available under the plan decreases each month during the semester. There is a plan set-up fee of $45.00, and the first payment plus the set-up fee is due on enrollment in the plan. Plan payments can be made online in the ACORN portal. Email reminders will be sent each month. Changes to student account balances during the semester will automatically update the remaining payments. Past due balances will receive a .833% monthly finance charge.

Finance Charges

Charter Oak will begin charging a 10% annual finance charge (.833% per month). For students enrolled in the payment plan, the charge will be applied only to past due balances. Students not on the payment plan will have the finance charge applied to their outstanding balance, net of pending financial aid.

For more information on payment plans, please contact the Business Office at (860) 515-3704 or businessoffice@charteroak.edu, 8:00AM - 5:00PM EST.