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Vice President for Finance
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Credit
Card Payments Beginning July 1, 2004 there will be a small convenience fee for students who choose to pay by credit card. The fees are a graduated fixed charge based on the total amount of payment. The following table outlines the fees that will be assessed by the credit card processing provider and are added onto your credit card charge automatically:
Why is there a fee for paying student account charges with a credit card? The cost of providing the option to pay student account charges by credit card has increased significantly. The direct cost of service is passed on to the university from the credit card companies and is the cost of doing business via the Internet. The university does not make money in any way from the assignment of credit card convenience fees. Students may avoid the fee by selecting one of the other payment options available. The university has other payment alternatives, such as e-checking and payment plans, that makes payment less costly than using credit cards. Terms and Conditions of Use Credit cards (MasterCard, Visa or Discover) may be used to pay student account charges. There is a modest convenience fee charged for this automated service. Credit card payments are not accepted either over the phone or in person, but may be made by accessing the Summary of Account or "Make a Payment" on ULink. Credit card convenience fees cannot be refunded as these funds go directly to an outside service provider. Refund Procedures: If a Credit card is used to pay student account charges, any resulting credit balance may be returned to the credit card that caused the overpayment. If you elect to not pay by credit card, you can pay by check, cash, or money order: Check or Money Order Payments For your convenience the university offers several optional payment plans that are intended to help students schedule their payments to meet personal preferences and individual needs. You can find out more about them by accessing the Bursar's website under Financial Settlement Options at: Payment Options To pay by credit card, simply go to: Summary of Account Enter the amount you wish to pay in the first box at the bottom of the Summary of Account, then press the "credit card payment" button.
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This page viewed best with Internet Explorer. Copyright © 2003 University of Louisville. All rights reserved. Updated 01/29/2008. Please send comments here. |
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