Are other colleges and universities making similar changes?
Many independent school, colleges and universities have already made similar changes to their practices of accepting credit cards. What should I do if all I have is a Visa card? For those parents that do not have one of the qualifying cards or choose not to use credit cards, we still continue to accept payments by check or cash, as well as our automated direct debit payment program. Why can’t I use a credit card in person at the Business Office if I am willing to pay the fee? The complicated regulations are such that to charge a convenience fee for credit card transactions at the Business Office would also necessitate the same charge for payments made by cash or check. Can I use my Visa for annual giving or at the bi-annual auction? These changes only apply to payments made for tuition and mandatory fees. Donations made to our annual fund are not affected by this policy. How will the monies that are collected from this fee be used? The monies collected will be used to defray a portion
Other universities nationwide, including Winthrop University in our state, have discontinued, or in the process, of not taking VISA credit cards for student payments over the internet. The emphasis is to encourage ACH transactions, such as e-Checks, to reduce costs to students and the University. We are striving to comply with all VISA regulations. However, we must make these changes.
