St. Olaf College Payment Plans
Title: Payment Plans
Procedure No: STO-10
Effective Date: 09-01-2009
Issuing Authority: Student Accounts Office
Contact: Student Accounts at firstname.lastname@example.org, 507-786-3296 or 866-640-4702
Last Updated: 09-01-2009
Purpose of Procedures:
To provide students with payment options that may make it easier for them to pay their student account in a timely manner.
Who needs to know these Procedures:
All St. Olaf College students.
St. Olaf bills on a semester basis (STO-5). If you wish to make a single discounted payment in the summer for the upcoming year, an email should be sent to the Student Accounts Office at email@example.com in July, and the appropriate bill will be sent. If a monthly or quarterly payment plan is desired the student or parent must set up a payment plan with Tuition Management Systems (TMS). St. Olaf can not make special arrangements for monthly or quarterly payments that are not arranged through TMS.
Students will be held responsible for unpaid balances. Finance charges will be assessed to unpaid accounts five business days after the due date (STO-20).