Posted by Philip Poole on 2009-05-22

Samford University has announced adjustments in payment options for student fees that include use of an external vendor for credit card payments.

Effective June 15, students and parents will be redirected to TouchNet, a third-party provider, for credit card payments. TouchNet accepts MasterCard, Discover and American Express, but does not accept Visa cards. There is a nonrefundable convenience fee assessed by the third-party web processor for credit card payments. The fee will be 2.75 percent of the amount paid, with a minimum fee of $3.

The university will continue to accept personal checks, electronic checks, money orders and in-person cash payments on student accounts with no service fee. Credit cards will be accepted in the university's book store, dining hall and food court, as well as for online contributions to the university, also with no service fee.

Students and parents can continue to access electronic bills through Samford's website, where they will be redirected to TouchNet if they choose the credit card payment option.

The use of a third party provider is not unusual in higher education, according to Harry B. Brock III, Samford's vice president for business affairs. The university has used third party providers for several years for ticket sales and some other services.

TouchNet is one of the largest vendors in higher education and provides secure payment options, Brock said.

 
Samford is a leading Christian university offering undergraduate programs grounded in the liberal arts with an array of nationally recognized graduate and professional schools. Founded in 1841, Samford is the 87th-oldest institution of higher learning in the United States. The Wall Street Journal ranks Samford 1st nationally for student engagement and U.S. News & World Report ranks Samford 66th in the nation for best undergraduate teaching and 104th nationally for best value. Samford enrolls 5,683 students from 47 states and 19 countries in its 10 academic schools: arts, arts and sciences, business, divinity, education, health professions, law, nursing, pharmacy and public health. Samford fields 17 athletic teams that compete in the tradition-rich Southern Conference, and ranks 3rd nationally for its Graduation Success Rate among all NCAA Division I schools.