Tuition, Fees & Other Charges, and Related Payment Options
Information concerning tuition, fees, and room and board charges, related payment options, and refund schedules.
Information about two payment plans available to students: the Extended Payment Plan and the End of Term Payment Plan.
Information concerning paper versions of student loans and the University of St. Thomas Title IV Federal Financial Aid Student (Parent) Authorization Form.
Tuition, Fees and Other Charges
To set up a student account at St. Thomas, students must enroll in a payment plan and sign the Student Payment Agreement and Disclosure Statement. There are two payment plan options available to students: the Extended Payment Plan and the End of Term Payment Plan. The plans are described in more detail below. Students will be automatically enrolled in the Extended Payment Plan unless they affirmatively enroll in the End of Term Payment Plan at the time of completing the Student Payment Agreenment and Disclosure Statement.
Payment plans are a convenience and budgeting tool that allow students to spread out the payment of charges in their student account over a longer time period. While many students use a payment plan, it is not required. All students have the option of paying the full tuition and other charges for the academic term in a single payment by the due date stated on the first eBill after such charges are incurred.
If a student does not pay the full tuition and other charges by this initial due date, monthly finance charges will be assessed on the unpaid balance in the account. However, so long as the required minimum payments are made by the due dates set forth in the payment plan, any outstanding tuition balance and other charges will not be considered past due. To avoid finance charges, students may pay the full balance charged to their account by the due date stated on the first eBill after the charges are incurred.
Contact the Business Office for additional information about payment options.
Extended Payment Plan & Schedule
This plan is available to all students. It allows students to pay their charges in up to four installments over the course of the spring or fall academic term, and in up to three installments over the course of the summer term.
Under this plan, all charges must be fully paid before the end of the academic term to which the charges apply. Students may be permitted to register for a subsequent academic term before their charges for the current term are fully paid. However, until the charges for an academic term are fully paid, students will not be permitted to enroll in a subsequent academic term.
Under this plan, a FINANCE CHARGE of 1.1% per month (13.2% ANNUAL PERCENTAGE RATE) will be assessed on the monthly unpaid balance in the student account, until the account is fully paid. To avoid this finance charge, the student may pay the full balance at the beginning of the term.
|First payment: 1/4 of the account balance by||Sept. 19th||Feb. 19th|
|First payment: 1/3 of the account balance by||June 19th|
|Second payment: 1/3 of the account balance by||Oct. 19th||March 19th|
|Second payment: 1/2 of the account balance by||July 19th|
|Third payment: 1/2 of the account balance by||Nov. 19th||April 19th|
|Third payment: all remaining balance by||August 19th|
|Fourth payment: all remaining balance by||Dec. 19th||May 19th|
|To avoid a finance charge, full payment is due by||Sept. 19th||Feb. 19th||June 19th|
End of Term Payment Plan & Schedule
St. Thomas recognizes that many employers with tuition reimbursement programs do not reimburse their employees for tuition until the end of the academic term, after the student completes the course and receives a grade report. The End of Term Payment Plan is available to students who do not receive financial aid from any source other than their employer, and who are eligible for an employer tuition reimbursement of at least 50% of the tuition balance based on receipt of a satisfactory grade report for the corresponding term.
Students who wish to enroll in the End of Term Payment Plan must do so after completing their Student Payment Agreement and Disclosure Statement in Murphy Online.
Under this plan, no tuition payment is required until after the end of the term, when grade reports have been issued (see the schedule below for specific due dates). Students who do not timely pay their charges will not be permitted to register or enroll in a subsequent academic term.
Under this plan, a FINANCE CHARGE of 1.1% per month (13.2% ANNUAL PERCENTAGE RATE) will be assessed on the unpaid balance. To avoid this finance charge, the student may pay the full balance at the beginning of the term.
|Full payment is due by||Feb. 19th||July 19th||Sept. 19th|
|To avoid a finance charge, full payment is due by||Sept. 19th||Feb. 19th||June 19th|
Third Party Billing & Other Payment Options
The Third Party Billing option is for student's who wish to bill their tuition and fees directly to an outside party, such as an employer, outside scholarship provider, or sponsoring agency (such as a Federal, State, or Military agency).
Third party billing arrangements require the timely submission of written authorization from the third party as well as a student information release authorization form, as further described below. The student is responsible to ensure these submissions are received by St. Thomas in time to bill the third party. To avoid finance charges in the student account, the third party billing authorization must be received before the first student bill is due.
After the St. Thomas Business Office receives the third party authorization, a credit is entered on the student's account and a charge is entered on the third party billing account. However, the credit on the student's account DOES NOT reflect payment from the third party. Instead, third party billing statements, titled "Statement of Account/Invoice", are prepared after the add/drop period for the term in order to limit changes that might impact the amount due for tuition and fees. Monthly statements are mailed directly to the third party. After the first statement for each term, subsequent statements reflect any changes to the student's schedule/charges. These statements also indicate if a previous balance is unpaid.
Required Student Consent for Release of Billing Information to Third Party
The St. Thomas Business Office requires students to provide consent to the University to release student account and billing information to third parties, by submitting this Third Party Billing Student Information Release Authorization. Without student consent, St. Thomas is unable to share your account or billing information with a third party.
Required Billing Authorization from Third Party
St. Thomas must receive an authorization form from the third party before third party billing can be processed, authorizing St. Thomas to bill the third party for the charges to be paid by the third party. The authorization may be in the form of a letter, purchase order, or voucher. It must be on the third party's official letterhead and signed by an officer of the organization.
The authorization must include:
- Student's name
- Student ID number
- Dates or term of eligibility
- Dollar amount, and/or type of charges that may be billed
- Complete billing address
- Name and phone number of a contact person
All third party billing authorizations also must include the term or dates that the authorization is in effect. A new authorization is required for each term that the student is eligible. St. Thomas does not notify the student or agency when the authorization expires at the end of the term.
Any restrictions or contingencies on the authorization cannot be handled by the Business Office. For instance, if the third party requires grade or transcript information before payment, St. Thomas cannot authorize third party billing. (In that case, the third party would have to submit payment to the student, and the student would pay the charges directly.)
Students or the third party may mail, fax, or hand deliver the third party billing authorization to the Business Office.
University of St. Thomas
Business Office, Mail #5002
2115 Summit Avenue
St. Paul, MN. 55105
Phone: (651) 962-6603
Fax: (651) 962-6630
Third party payments must be made within 90 days of the date St. Thomas bills the third party. If payment is not received within 60 days, a notice of nonpayment will be sent to the third party. If payment is not received within 90 days, a notice of nonpayment will be sent to the third party and also to the student. After 120 days of nonpayment, the student will be billed for the unpaid amount. Any charges that are not paid by the third party are billed directly to the student. Third party billing authorizations for future terms will not be accepted from students with an unpaid balance from their third party.
Third party payment can be made in the form of a check or an electronic funds transfer.
Check - Make checks payable to the University of St. Thomas. To ensure that check payments are applied correctly and to avoid the student receiving duplicate credit, it is important that payments reference the THIRD PARTY account number, and not the student ID number.
Electronic Funds Transfer - Contact the Business Office to obtain electronic funds transfer bank information. Reference the third party account number and/or the students name when initiating an electronic funds transfer for accurate and timely credit.
Electronically transferred loan funds are applied directly to the student's account.
Paper student loan checks must be endorsed at the Business Office. Students will be notified by email when the check arrives. The student must endorse the loan check before the funds will be credited to the student's account.
Paper PLUS loan checks are mailed directly to the parent for endorsement. They must be returned to the Business Office to be applied to the student's account.
According to federal regulations the University of St. Thomas is required to have a signed Title IV Federal Financial Aid Student Authorization Form from all students in order to use Title IV federal financial aid funds to pay the student's charges other than tuition, fees, room and board.
Cash payments on your student account are limited to $45. There are several benefits to reducing the amount of cash on campus including:
Improved safety of students and employees
Improved accountability and internal control
- Reduced resources required for cash handling and management
- Minimize risk and improve transparency of transactions
Flywire's mission is to save international students and their families money that would otherwise be spent on bank fees and unfavorable exchange rates. With Flywire, students are offered fair foreign exchange rates and the ability to pay in their native currency (in most cases), thus allowing for cost savings as compared to traditional banks. In addition, more identifying information can be transmitted with the payments, allowing for quicker and more accurate payment application to the student account.
Click or go to: https://www.flywire.com/school/stthomas to begin the payment process.
- Select the country from which funds will be coming from and the payment amount in US dollars which will be paid toward the student account.
- Next select your preferred payment method (ie - bank transfer, credit card, Alipay, UnionPay, etc...).
- After providing some additional basic information, book the transaction. Instructions will be sent via email on how to pay Flywire from the home country account.
- Flywire will then forward the US dollar amount to UST where it will be applied to the designated student account.
- Flywire will send an email to confirm receipt of payment.
- Flywire offers dedicated customer service at all times reachable via chat, Skype, email, and phone to provide assistance.
US Toll-Free: 1-800-346-9252
TransferMate provides a transparent payment method to reduce additional bank fees and improve your payment experience. TransferMate helps international students pay tuition and fees in their local currency from any country.
What are the benefits of TransferMate?
- Faster payment posting to your student account
- Local currency payment methods
- Competitive exchange rates
- 24-hour customer service from TransferMate
- 24-hour online tracking of payments
TransferMate payments are now an integrated payment method within the St. Thomas ePayment system.
1. Access the eBill/ePay system via Murphy Online
2. Go to the "Make Payment" tab and follow prompts
3. Choose TransferMate INTL from the Payment Method drop-down menu and continue as prompted
Phone: +353 1887 2892