… 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 interest or finance … 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 … … happens if I do not comply with the payment plan arrangement? … You will not be able to enroll in a new payment plan until your existing one is completed. You will also not be able to enroll in additional classes or the subsequent term. … What …