… for financial aid first before you apply for a payment plan, in case you qualify for a fee waiver or grant. Entering into a payment plan allows you to spread your education expenses over smaller monthly installments. It is not a loan program, there are no … charged to the debit card or credit card provided during the setup process, on the 15th day of each month. Live chat is available for assistance. View Using Nelnet for the first time video … View Using Nelnet for the first time video … …