Tuition payment plans are financial arrangements that allow students and their families to pay for educational expenses in installments rather than a lump sum. These plans can help manage costs by breaking down the total tuition into smaller, more manageable payments over a specified period, often aligning with the academic calendar. Many educational institutions, including colleges and universities, offer these plans to make education more accessible. Typically, there may be a small enrollment fee, and some plans may charge interest. It's important for students to review the terms and conditions of each plan to choose the best option for their financial situation.