Does Quantic charge interest on payment plans?
No, Quantic does not charge interest or APR on any payment plan.
As a part of the format requirements of the Payment Plan Disclosure form, the discounts Quantic offers for up-front payment are considered a ‘finance charge’. So while students who select a payment plan will see an “Annual Percentage Rate” finance charge listed on the forms, that number only represents the discount available for up-front payment and that amount is NOT applied to your payment plan.