Payment Plans

Title: Payment Plans
Procedure No: STO-10
Effective Date: 09-01-2009
Issuing Authority: Student Accounts Office
Contact: Student Accounts at tuition@stolaf.edu, 507-786-3296 or 866-640-4702
Last Updated: 4-1-2021

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.

Procedures:

St. Olaf bills on a semester basis (STO-5).  St. Olaf has partnered with Flywire as our payment plan provider.  Flywire is more user friendly and makes enrolling in the plan easy. Flywire provides a secure way for families to identify how they want to spread their payments over the course of a semester.  To enroll in the plan log into SIS or the Parent Portal.  You can view the payment plan website for more details.

Students will be held responsible for unpaid balances.  Accounts are not considered paid in full until all payments in the plan are paid even though they will be listed as an anticipated payment.  Finance charges will be assessed to unpaid balances that are not covered by the payment plan five business days after the due date (STO-20).

Refunds of overpayments on student accounts will not be processed until the payment plan is paid in full.  If you have a credit on your account we can decrease the amount of your payment plan or wait until the payment plan is paid in full before a refund is processed.