Billing Process
Student Accounting Office • 866-640-4702 • Financial Aid • 877-235-8386
Student Tuition Bills
The Student Accounting Office will send a fee statement to you in late July. It will reflect disbursed financial aid from St. Olaf and any outside scholarships we have received to date. The fee statement will also include an anticipated aid section, which represents aid not yet disbursed. In order to determine how much money is owed for fall semester, you will need to subtract the fall anticipated aid from the fall semester amount due. If you will not be accepting a loan showing in the anticipated aid section of your fee statement, do not subtract the loan amount from your fall semester balance. Likewise, if you have an outside scholarship, which has been paid to you directly, do not subtract that amount from the fall semester amount due. In both cases, please contact the Financial Aid Office so that your fee statement can be corrected.
In late December, you will receive another fee statement outlining the balance due for spring semester. The fee statement will reflect disbursed and anticipated aid in the same manner as stated above.
Should you incur additional charges or fees during the course of the year, additional tuition statements will be mailed to your billing address.
How to Make Payment
Payments can be made to the Business Office at St. Olaf College. St. Olaf accepts cash, personal checks, money orders, and wire transfers. Checks can be made payable to St. Olaf College; please include your name and student ID number in the memo line. St. Olaf College also accepts credit card payments and ACH payments for students’ accounts; however, should you wish to pay via credit card or ACH, you must pay through the SIS (Student Information System). St. Olaf will accept MasterCard, Discover, or American Express. Please be aware that you will be charged a convenience fee of approximately 3% of the transaction if you choose to pay via credit card. For more information regarding the online payments please go to http://www.stolaf.edu/offices/stuacct/paybill.html. Otherwise, payments should be mailed to:
St. Olaf College
Business Office
1520 St. Olaf Avenue
Northfield, MN 55057
Finance Charges
A monthly finance charge of 1% will be assessed on the unpaid balance on any student’s account.
Financial Holds
Failure to settle your account balance by the established due dates will result in a comprehensive fee hold being placed on your student account. Students with a financial hold are unable to register for courses, receive transcripts, or receive their diplomas. A financial hold will be removed once a student's account has been paid in full.
Further Information
For further information, please visit Student Accounting’s website www.stolaf.edu/offices/stuacct
