Prepayment Incentive Credit Plan (PIC Plan)
This account enables an accepted or currently enrolled student to earn interest on their student account when there is a credit balance of $500 or more by the first day of the month. The PIC Plan and the student account are one and the same. Interest is credited monthly. Anyone earning $10 or more in interest during the calendar year will be issued a 1099int form.
Pre-payments can be made once the student has been accepted. Interest rates may change on a quarterly basis. Please call the PIC Plan information line, (937) 766-7665, for the maximum deposit amount and the current rate. You may request a current PIC Plan brochure from the Cashiers Office or the Admissions Office.