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College students can now pay tuition with PayPal or Venmo at some universities

The U.S. national debt has crossed the $40 trillion mark. Economist Mike Walden joins LiveNOW's Austin Westfall to discuss. Some universities are now allowing students and their families to pay tuition through PayPal and Venmo. Among the first institutions offering the payment options are Bellarmine…

By Martin Johns2 min read

The U.S. national debt has crossed the $40 trillion mark. Economist Mike Walden joins LiveNOW's Austin Westfall to discuss.

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Some universities are now allowing students and their families to pay tuition through PayPal and Venmo.

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Among the first institutions offering the payment options are Bellarmine University, Butler University, Kansas State University, Michigan State University and Texas Tech University, although more universities are expected to join later this year.

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Students and families may face transaction or processing fees, with the amount depending on the university and the funding method used.

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The payment options are being integrated through campus payment platforms including Illumia, Nelnet Campus Commerce and TouchNet, which process tuition payments for institutions across the country.

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THE COLLEGES THAT GIVE GRADUATES THE STRONGEST CAREER EDGE, ACCORDING TO LINKEDIN

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"A modern tuition payment experience has to work for both sides of the transaction," Don Smith, Illumia’s senior vice president and general manager of integrated payments, said in a statement.

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"Students and families want the flexibility to use payment methods that fit how they manage their money, while institutions need those options to work within the systems and processes their teams already rely on. This integration helps schools expand choice in a practical…

Original source: https://www.livenowfox.com/money

Martin Johns

I am working as the content publisher and moderator for the website <a>Foxnews.com Breaking News</a>. You can read and provide your views about the news.

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