Making Payments

Student Online Payments

Credit card and electronic check (ACH) payments may be made using our online secure payment portal, powered by CASHNet. Access to this portal is available through your Banner Self Service account. The student may grant access to other individuals by providing them with their own login and password.

A convenience fee is charged by the provider for the credit card payment option. IWU does not charge nor collect the convenience fee. There is no fee for an ACH payment. Credit card payments and direct debits are not taken at the Business Office.

       

Parents/Designee Online Payments

Students must first grant access to other individuals by providing them with their own login (Authorized User ID) and password in Banner Self Service (see instructions below). Once this is done, the authorized user can then access the CASHNet Payment Gateway here using credentials your student set up for you.

A convenience fee is charged by the provider for the credit card payment option. IWU does not charge nor collect the convenience fee. There is no fee for an ACH payment. Credit card payments and direct debits are not taken at the Business Office.

Authorize Parents/Designees to Make Payments

A person other than the student can be granted the ability to view and pay the bill as an Authorized User. Students should follow these steps to authorize parents or other users:

  1. Log in to MyIWU.
  2. Click on Banner Self Service.
  3. Click on Student Dashboard.
  4. Click on Cashnet Payment Gateway. 
  5. Click on your name in the top left column. This will load a new page.
  6. In the middle of this new page, click on the Send a payer invitation link in the Payers section.
  7. Fill out the required fields (a red asterisk appears beside each required field) and click on Send Invitation in the bottom right corner of this screen. You may also send this potential payer a private note in the Message to Payer field.

International Payments

International students may make international payments with a service called Flywire. This option is available to students using MyIWU and entering the CASHNet payment gateway available through the Banner Self Service account. Parents and friends of international students may be setup to be an authorized user by the student. An authorized user may access the CASHNet payment gateway here: link to access Flywire using credentials the student set up.

Payments by Check

If paying by check, please include student's IWU ID Number (not social security number) on the check.

Please make checks payable to Illinois Wesleyan University and mail to:

Illinois Wesleyan University
Business Office
P.O. Box 2900
Bloomington, IL 61702-2900

Payments on Campus

Cashier windows are open to receive your cash or check payment from 8:30 AM until 4:00 PM Monday through Friday. Students should allow 24 hours for payments to be posted to their accounts. The Cashier’s Office is located on the east side of the main floor of Holmes Hall.

The Business Office does not accept credit card or ACH payments at the Cashier windows.

Tuition Payment Plans (2020 - 2021)

Two payment plans are available, a 2-Payment Plan (1 per term) and a 10-Payment Plan (5 per term).

The tables below demonstrate the two payment plans so that you can schedule your payments each term.

10-Payment Plan (5 per semester)

Fall Term Statement Date  # of Payments Left Per Term  Date Due 
 June 15th  5  June 30th
 July 15th  4 July 30th 
August 15th   3 August 30th 
September 15th   2  September 30th
 October 15th  1  October 30th
Spring Term Statement Date  # of Payments Left Per Term  Date Due 
 November 15th  5  November 30th
 December 15th  4 December 30th 
January 15th   3 January 30th 
February 15th   2  February 28th
 March 15th  1  March 30th

Please note: Depending upon student activity, charges may be placed on your account after payment is made. All charges may not reach the Business Office in time to appear on your statements. For more information please refer to our Student Accounts Brochure.

2- Payment Plan (1 per semester)

Statement Date  # of Payments Left Per Term  Date Due 
 July 15th  1  July 30th
 December 15th  1 December 30th 

Please note: Depending upon student activity, charges may be placed on your account after payment is made. All charges may not reach the Business Office in time to appear on your statements. For more information please refer to our Student Accounts Brochure.

Avoid Late Fees

A late payment fee equivalent to 1% per month is assessed on the amount in arrears. This will be determined by the Payment Plan you have chosen. Registration for the next term is not permitted until a student has fully paid all charges for the preceding term. No transcripts of academic record and diploma is issued to a student who has not fully discharged all financial obligations to the University.

Student Financial Responsibility Agreement

By registering for classes at IWU, you accept financial responsibility for payment in full of all student account charges for tuition and fees, late charges, and any additional costs which may be incurred by the University in collection of these debts. These include, but are not limited to, credit bureau reporting, referral of the debt to a collection agency, and/or referral of the debt to an attorney or other authorized legal debt collection procedures. Read the entire Student Financial Responsibility Agreement

 

Tuition Payment Plans (2021 - 2022)

Use a Payment Plan to Guide You

To help you manage your tuition payments, Illinois Wesleyan University offers convenient payment plans. You can use a payment plan to pay all or part of your tuition, and avoid the high interest rates that normally come with a traditional loan - as payment plans charge only one low fee at enrollment!

  • Set up a plan to pay student account balances in manageable monthly installments for the amount remaining after financial aid
  • Initiated by you, with the option to invite a parent or relative to complete the plan
  • Simple enrollment process to ensure your account is set up properly with the school
  • Tuition Payment Plans only charge one low fee at enrollment*
  • Payments conveniently made electronically - so you just set it and forget it!
  • Easy access to manage your account online

When enrollment opens, follow these directions:

  1. Log in to MyIWU
  2. Click on Banner Self Service
  3. Click on Student Dashboard
  4. Click on Cashnet Payment Gateway

*All available plans and applicable payment options, fees and disclosures will be presented to you during the enrollment process. Enrollment in and availability of plans may be subject to applicable state law limitations. An enrollment fee will apply and other fees may apply to the extent permitted by law. The Cashnet Full Service Payment Plan is administered by Higher One, Inc. dba Cashnet, a Transact Holdings Inc. company.

The enrollment fee is considered a finance charge which is defined by federal regulations as the cost of consumer credit as a dollar amount. To make it easy for consumers to compare this cost to other forms of credit, Cashnet provides the equivalent annual percentage rate (APR), which takes into account a number of variables, including the number of payments, the term, and the amount financed. Maximum APR limits may be subject to applicable state usury laws.

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