No. Snowball is often one of the least effective methods of paying down debt.
Suffolk Tuition Promise: This program provides scholarship funding for undergraduate students who earn a minimum cumulative GPA of 3.6. Applicants must have been enrolled at Suffolk University for both the fall and spring of the prior academic year, and have no D, F or Incomplete grades.
If you are applying for September 2024 entry, we require a £3,000 deposit. If you are applying for January 2025 entry, we require a £5,000 deposit. There is no need to contact the University once you have initiated your payment - we will track this within Flywire.
A deferred payment is one that is delayed, either completely or in part, in order to give the person or business making the payment more time to meet their financial obligations. In accounting terms, any merchant allowing customers to set up a deferred payment agreement will be dealing with accrued revenue.