The Russell Sage College Monthly Payment Plan, TMS, is a convenient alternative to lump-sum semester payments. The program offers equal monthly payments with no interest charges and costs only a $40 application fee to enroll. The program requires no credit review and payment can be made via debit, check or credit card. Any parent, guardian or student at Russell Sage College is eligible for the Monthly Payment Plan. Both the first-time application and annual renewal can be done online. For additional information regarding payment plan, contact the Office of Student Accounts at 518-292-1788 Albany or 518-244-2205 Troy.