April 8, 2008
VSU Updates Payment Policies for Tuition and Fees
VALDOSTA - Valdosta State University will no longer accept
credit card payments for tuition and fees over the phone or in
person effective July 1, 2008.
The policy change stems from a recommendation by the University System Board of Regents regarding costs savings. Beginning with the new fiscal year, VSU will outsource the online tuition/fee payment process to TouchNet’s PayPath Tuition Payment Service, a for-profit company that charges the payer, not the institution, an administrative/technology fee for using the service, while returning the tuition to the institution in full.
According to TouchNet, its tuition payment service connects to the campus student information system in real-time to update student accounts. It is structured to ensure institutions remain compliant with card association rules and regulations, and protects the institution’s ability to offer lower-cost payment alternatives.
To compensate for the additional cost, VSU will implement Webcheck as an alternative to credit card payments. Students/parents can utilize this online option, which withdraws funds directly from a personal bank account. After the change takes effect, Visa will no longer be accepted; alternately, American Express will become an accepted card.
This change will not apply to any other payments made on campus; credit cards will be accepted at all other campus locations including University Bookstore, Parking and Transportation, One Card, campus dining facilities, and others.
Call the VSU Bursary at (229) 333-5725 for more information.