Massmail Archive 20030403114914-005279

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      To: All Undergrad Students & All Grad Students <everybody@illinois.edu> 
    From: "Office of Student Accounts and Cashiers" <studentaccounts@uiuc.edu>

Reply-To: studentaccounts@uiuc.edu
 Subject: MASSMAIL - Online Payments - Visa/MC No Longer An Option

Important Announcement Regarding Our Online Payment Program:

Effective at 3:30 PM on April 30, 2003, the University will no longer 
accept Visa and MasterCard for online student payments.  Discover and 
American Express will still be accepted. VISA and Mastercard are requiring 
the University stop accepting Visa/MasterCard under the format that 
requires a 2% convenience fee. 

In order to cover the University's cost for the acceptance of credit 
cards, a 2% convenience fee was determined to be the most reasonable way 
to fund the service. The University cannot justify using tuition and fees 
to cover the credit card discount, as this option is offered as a 
convenience for our students and parents but is of no benefit to the 
University's academic programs. The University cannot accept VISA and 
MasterCard without having the ability to fund the cost of accepting these 
payments. 

Online credit card payments may still be made using Discover and American 
Express, with a 2% convenience fee.  The e-check option is available 
without a fee.

We regret any inconvenience related to this change.

The Office of Student Accounts and Cashiers

This mailing approved by:
The Office of the Vice Chancellor for Student Affairs
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