# Undergraduate Financial Aid
**Source**: https://finaid.brown.edu/basics/financing-your-education/browns-installment-payment-plan-ipp
**Parent**: https://finaid.brown.edu/basics/educational-financing
Undergraduate Financial Aid
# Brown's Installment Payment Plan (IPP)
## Breadcrumb
- [Home](https://finaid.brown.edu/)
- [Financial Aid Basics](https://finaid.brown.edu/basics)
# Brown's Installment Payment Plan (IPP)
Managed by Student Financial Services, Brown's IPP enables students and their families to make interest-free monthly installments to cover each semester's tuition, housing, food, required fees and other charges.
- The IPP is available for the fall and spring semesters only.
- Enrollment in the plan for fall semester begins late June. Enrollment in the plan for spring semester begins mid-November.
- Each semester of enrollment requires a $75 non-refundable enrollment fee.
- The IPP can be updated once your financial aid package is complete. (Typically, packages for the upcoming year are completed in mid- to late-June.)
- More detailed information and IPP application instructions are on the [Student Financial Service](https://www.brown.edu/about/administration/bursar/installment-payment-plan) website.