This payment plan provides an interest-free, debt-free way to spread tuition payments over six months. The plan administered by Tuition Flex, a third party that LADO partners with, and is not a loan, so there are no interest payments, only a low $75 application fee. This new plan is just another way to help students meet tuition costs. The plan allows you to break down your education expenses into easy-to-manage installments, rather than one lump-sum payment. It’s simple and convenient.