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Valparaiso University Financial Aid This is Real. This is Valpo.
 PHONE: 1.888.GO.VALPO / FAX: 219.464.5012 / E-MAIL: finaid@valpo.edu
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Payment Options

  1. Contact the Office of Student Accounts for more information about payments. Call (888) 300-1052 or email student.accounts@valpo.edu

  2. Standard Payment: One half of direct costs are billed before each semester and payable before the semester begins.

  3. 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.

  4. 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.

  5. 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.

  6. PLUS Loans: loans for parents, more information under Loan Programs.

  7. Home Equity Loans: check with your local lenders.

  8. 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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