Instead of having to remember to write a check or withdraw cash (and to make sure to avoid any late payment fees), you can have tuition automatically debited from your checking or savings account by setting up a free account with Intuit PaymentNetwork, the same company that makes TurboTax, Quicken, and Quickbooks. As they say on TV, you “set it and forget it.”
Here are step-by-step instructions for how to set up automatic recurring payments with Intuit PaymentNetwork (IPN):
Step 1: Go to the IPN homepage – https://ipn.intuit.com/
Step 2: On the homepage (pictured below), enter your email address, create a password, and click ‘Sign Up’.
Step 3: On the next page, select your account type from the drop-down menu (most likely, ‘Personal Checking’), then enter your bank account information. You’ll need the routing number and account number for your checking or savings account. Click ‘Confirm’.
Step 4: If the next page says ‘Your bank account was successfully created’, your account is now created. Click ‘click here to start sending payments’ to set up your automatic recurring payments.
Step 5: You are now on your IPN account homepage. Click ‘Send Payment’ to create your recurring payment.
Step 6: In the recipient email address, input ‘email@example.com’.
Step 7: Input your tuition amount. (Ignore the message about the $0.50 fee. We incur that amount as the processing fee.) Then check ‘Make this a recurring payment’. Select the date that you want your first recurring payment to be sent, and then select ‘Monthly’.
Step 8: Click ‘Continue.’ (Feel free to alter the message if you like, though it’s not necessary.)
Step 9: Look over your details one more time, then click ‘Confirm.’
You’re done! If you see the confirmation message below, your recurring payment has now been created, and tuition will be automatically withdrawn each month. When your payment is initiated automatically each month, IPN will send you an email notifying you that your payment has been sent. Record your log-in information in case you ever need to change or cancel your payments.