Park Extended Payment Plans (PEPP)

A New Way to Pay for Your Education

We are VERY excited to announce the launch of a brand new tuition payment option: Park Extended Payment Plan (PEPP)

This is our favorite announcement of the year!

Starting Fall 2025, students will have the option to defer up to 50% of their semester’s tuition and pay it off over 48 months — with 0% interest and no monthly fees.

How It Works

Each semester, students can split their tuition like this:

• ✅ 50% Paid Normally – Either upfront or through our existing standard payment plan
  → That means 50% of your semester’s tuition divided into 4 equal payments over the first 4 months of the semester
• ✅ 50% Eligible for PEPP – Spread across 48 equal monthly installments
  

Example Scenario

Let’s say you register for 11 credits in Fall 2025:

• Total Semester’s Tuition = $3,300 (11 x $300)
• $1,650 paid upfront or through standard plan (4 payments over the first 4 months of the semester)
• $1,650 on PEPP =
  → $34.38/month for 48 months
  → 0% interest
  → $0 monthly fees

Why We’re Doing This

Simply stated we asked the question, If Jesus were to lend us money, how would he do it?

We designed PEPP around two core convictions:

1. Accessibility is a Core Value

We believe Eternity should be available to as many of Jesus’ people as possible.
But requiring 100% tuition every semester has been a real obstacle for many students.
Some have had to:

• Slow down their degree timeline
• Pause their education
• Or not enroll at all

PEPP removes that barrier.

2. This Is How Most Schools Operate — But Better

Most students at other schools take out loans to pay for college. We heard from many of you that while our tuition model is lower and more flexible, it’s still difficult to pay all tuition each semester.

We considered charging interest or monthly fees for PEPP, but when we searched the Scriptures, we asked the question:

“If Jesus were to lend people money, how would He do it?”

Our conviction:
He would NOT profit from it. Students who need PEPP inherently have financial need, we do not believe that Jesus would profit from our financial needs. 
He’d lend in good faith, trusting His people.

And so … that’s exactly what we’re doing.

This Is About Love, Not Business

The staff, faculty, and board of trustees at Eternity poured months of prayer, planning, and hard conversations into this. Why? Because we believe the people of God should reflect the love of Jesus — and PEPP is one way we’re striving to do just that.