Billing and Payments

Student Accounts
Billing and Payments
Bills & Payment Options

Students are billed electronically by the Student Accounts Office prior to the start of each semester. Fall semester statements are posted in early July and payments are due on August 1st. Spring semester statements are posted in early January and payments are due on February 1st.

Initial statements include charges as well as anticipated financial aid. Please review your statements carefully to make sure that the aid accurately reflects what you except to receive from St. Olaf College and outside organizations. Please email Financial Aid if anything needs to be corrected.

We also generate monthly statements for students with unpaid balances.

When a statement is generated, an email notification is sent to your St. Olaf email address. To view your statement, follow the instructions below.

Log in to SIS and go to the Financials tab.
Under the “Bills” section, click on the link in the left column. This will open up your most recent bill as a PDF in a new tab.
1. Note: The amount due listed here is only representative of your balance at the time the bill was sent out. To see your most up-to-date balance, you should look under the “Account Details” section of the Financials tab.
2. You can also view older bills by clicking “more bills” and selecting a bill from that list.

Due to FERPA (Family Educational Rights and Privacy Act), individuals are only able to access student financial information if their student has given them the necessary permissions. Students can update their permissions at any time in SIS.

When a statement is generated, an email notification is sent to the student as well as all individuals authorized to access their financial information. To view your statement, follow the instructions below.

Log in to Parent Portal and go to the Financials and Bills tab.
Under “Most Recent Bill,” click the link in the right column. This will open up your newest bill as a PDF in a new tab.
1. Note: The amount due listed here is only representative of your balance at the time the bill was sent out. To see your most up-to-date balance, you should look under the “Account” section of the Financials and Bills tab.
2. You can also view older bills by selecting one from the list under “Previous Bills.”

Instructions on how to make an online payment

eCheck

Students and guest payers may pay their semester bills using an eCheck with no additional fees. If you pay by eCheck, make sure to enter the routing and account numbers as they appear on a check, otherwise your payment may not be processed and you will be charged a returned payment fee.

If you pay by e-check/ACH make sure you enter the routing number/account number as it appears on a check. If it does not, the payment will not be processed and you will be charged a returned payment fee.

Credit Card/Debit Card

Students and guest payers may make student account payments online with a Visa, MasterCard, Discover, or American Express credit or debit card. There is a non-refundable convenience fee for each transaction made with a credit or debit card. St. Olaf College will not receive any part of the service fee and will not be profiting from it. Transaction fees are as follows:

- 2.85% for U.S. cards
- 3.95% for international cards
- $3 minimum for all credit card payments

529 Plan Payments

If you will be making a tuition payment from an education savings plan, please allow 2-3 weeks processing time for St. Olaf to receive and apply the payment. Check with your 529 plan administrator on if they process payments via ACH. You must reach out to your plan manager to initiate a payment.

Domestic and International Wires

St. Olaf College accepts Domestic and International Wires. St. Olaf has partnered with Flywire to process tuition payments for international payments. You’ll select pay with international currency at check out.

If you choose to send a direct wire (from your bank account to ours) a $30 fee is charged and should be added to your wire amount. Please indicate the student’s name and ID number on the transfer. Contact the Business Office for domestic wiring instructions.

Please visit the International Student Wires page for more information.

Payment Plans

We offer a monthly payment plan for those who prefer to pay off their bill over the course of the semester. Students and authorized users must be willing to allow automatic withdrawals from a personal U.S. checking account or scheduled charges to a debit or credit card. These withdrawals are made on the 5th of the month.

Please visit the Payment Plan page for more information.

Payments can be mailed to:

Business Office
1520 St. Olaf Avenue
Northfield, MN 55057

Payments can also be brought to the Student Accounts office. We are located in Tomson Hall 120, and our office is open Monday – Friday from 8:00 am – 4:30 pm.

All paper checks should include the students name and ID number.

Check

Students and guest payers may pay their term fees via check either in-person at the Student Accounts Office, through mail, or online using e-check/ACH.

Make sure to include the students name and ID on a paper check.

529 Plan

If you will be making a tuition payment from an education savings plan, please allow 2-3 weeks processing time for St. Olaf to receive and apply the payment.

You must reach out to your plan manager to initiate a payment. 529 payments can be sent in the mail as paper checks with the student’s name and ID number.

Cash

Students and guest payers may make cash payments in-person at the Student Accounts Office. Cash should never be mailed.

We cannot provide change for cash payments. If you need change to make a payment, you can go to the Business Office window during operating hours.

St. Olaf is required to report if accumulated cash, cashier check, or money order payments of $10,000 or more are made within a calendar year.

Billing Policies

Finance Charges

A monthly finance charge of 0.5% will be assessed on unpaid balances carried beyond the established due dates.

Financial Holds

Failure to settle your account balance by the established due dates will result in an unpaid balance holds being placed on your student account. See the College Financial Hold Policy.

Returned Payments

Any checks or ACH bank transfers that are returned by the bank for any reason, will result in a $30 charge placed on your student account.