Monthly payment planReed College understands that sometimes you need help managing your tuition bill. That’s why we offer a monthly payment plan administered by Tuition Management Systems (TMS). Payment plans are convenient, manageable payment solutions that give you the option to make payments in interest-free monthly installments, rather than in one lump sum. There is a $55 per semester enrollment fee to participate. Detailed information on the monthly payment plan and billing is provided by Reed College’s Business Office.