To help you meet your educational expenses, Galveston College is pleased to offer FACTS as a convenient budget plan. It is not a loan; therefore you have no debt, there are no interest or finance charges assessed and there is no credit check.

The cost to budget monthly payments is a $25 per semester non-refundable FACTS Enrollment Fee. The FACTS Enrollment Fee is automatically deducted from your account WITHIN 14 days of your agreement being posted to the FACTS system.

The  down payment will be deducted immediately. The remaining payments are automatically deducted on the 5th of each month from a checking or savings account. You may also have your payment charged to your credit card. If you elect to use your credit card, only VISA, MasterCard, or Discover Card may be used. Please note: Check, Debit, and ATM Cards may be returned unpaid due to daily limits restrictions imposed by your bank.

If your payment on the 5th is not successful, it will be reattempted on the 20th of the month. Any time a payment is returned, you will receive notification from FACTS on how the returned payment will be handled. Your FACTS agreement will be processed until the balance owed is paid in full.

For each returned payment, FACTS assesses a $25 FACTS Returned Payment Fee. FACTS Returned Payment Fees are automatically deducted from the account you have provided. If your FACTS Returned Payment Fee is returned, it will be reattempted. FACTS Returned Payment Fees are payable to FACTS.

FACTS Enrollment Fees and Returned Payment Fees are subject to change in future academic years or semesters, unless otherwise agreed by FACTS Management Company and Galveston College. Interest earned on all custodial funds held by FACTS is payable to FACTS Management Company.

If you have questions, please call Galveston College Business Office at (409) 944-1362 or FACTS at (800) 609-8056.

Instructions for completing a payment plan:

1. Log on to the Whitecaps Portal www.gc.edu
2. Click the Quick Link labeled “Nelnet Payment Plan”
3. Select “Proceed to Processor”
4. Follow prompts to complete agreement