What is changing beginning July 1, 2005?
• RIT will no longer accept credit card payments for payment of tuition, fees, room and board which appear on the student billing statement.Credit card payments can only be made through a third party vendor, Infinet Solutions, accessible via a link on the Student Financial Services ipay system. • Infinet will assess a service fee of 2.55% for this service. [As before, no fee will be charged for eCheck transactions.] Infinet retains 100% of these service fees. • Discover Card and MasterCard (credit and debit) will be accepted when payments are made through Infinet, which can be accessed via ipay. • VISA credit, debit or check cards will NOT be accepted for payments on students’ accounts. • Credit card payments on students’ accounts can not be made by mail, phone or in person. • The default billing for RIT will be eBilling. All billing notifications will be made electronically via the students’ email address. • eCheck payments can be made directly through RIT’s ipay system with no charge
