The NBS/FACTS tuition deferred payment plan allows the student to pay tuition and fees in installments for a current semester. A one time application fee of $25.00 is charged at the time of application to the students designated bank account or credit card. The payments are deducted automatically from the designated account on the fifth of the month. A student must be registered for 6 credits to qualify to use facts. The student may not apply for a NBS/FACTS plan and a Student emergency loan/ Russell Hudson Loan. If the student has authorized financial aid, the award will reduce the amount that the student should budget to pay through the NBS/FACTS plan. When using NBS/FACTS please do not assume your balance due will automatically be adjusted if financial aid is received or a class is dropped or added. A NBS/FACTS adjustment form must be completed by the student in the cashiers office located on the lower level of the student center or print the PDF file of the NBS/FACTS change of stat