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Payment Options
- Contact the Office of Student Accounts for more information
about payments. Call (888) 300-1052 or email student.accounts@valpo.edu
- Standard Payment: One half of direct costs are billed
before each semester and payable before the semester begins.
- Academic Management Services
(AMS): Interest free payment plans over 10, 11, or 12 months
for a $55 annual fee. Interactive planning tools at their web
site.
- Valpo Alternate Payment Plan: When the semester bill
is received, students may pay one-third of the balance due, and
the remainder by October 31 for fall semester, and February 28
for spring semester with no finance charges or interest. Specific
information is enclosed with the semester billing statement.
- The following options are now available to make a payment on your student account:
•Web Payment Gateway accessible from DataVU - to make a payment using your credit card or checking/savings account.
•Telephone payments using toll free numbers:
Credit/Debit card payments - 1-866-881-3014
Payments using your bank account - 1-866-589-5034
•Mail or bring a personal check to the VU Cashier in the Student Account Office
The web and telephone systems have two payment options available 24 hours a day 7 days a week. You may choose Credit/Debit card payments (a 2.5% convenience fee will be charged) or Automated Clearing House (ACH) payments using your checking or savings account (no convenience fee).
MasterCard, Discover and American Express credit/debit cards can be accepted. Credit/Debit card payments can only be accepted using the web or telephone service and can no longer be accepted at the cashier's window or student account office. Please note that VISA credit/debit cards can no longer be accepted for student account payments.
- PLUS Loans: loans for parents, more information under
Loan Programs.
- Home Equity Loans: check with your local lenders.
Financing Example
(using an average gift assistance received by students who received
gift aid. Includes aid from all sources; federal, state, private,
VU)
| Tuition/Fees
| $22,750 |
| Room/board (on-campus) |
+6,220 |
| Total Price |
28,970 |
| Scholarships/grants |
- 11,500 |
| Net Price |
17,470 |
| Student loans |
5,125 |
| Student summer earnings |
1,500 |
| Difference |
10,845 |
Financing the difference of $10,845 (payment amounts are
approximate)
- Short Term Options (no interest)
- Academic Management Services (AMS): $903/month for 12 months
- Valpo Alternate Payment Plan: Each semester, 3 payments
of $1,807
- Long Term Options
- Federal PLUS loan at 4% interest
- One year, $9,415 loan, $110/month for 10 years.
- Four years, $37,660 loan, $439/month for 10 years.
- Home Equity loan at 6% interest
- One year, $9,415 loan, $92/month for 15 years.
- Four years, $37,660 loan, $366/month for 15 years.
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Office of Financial Aid | 1700 Chapel Drive | Valparaiso, IN 46383 |
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