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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