Mount Vernon Nazarene University

Mount Vernon Nazarene University

Payment Plans

Financial arrangements are identified and completed when the student confirms online each semester. Checks, money orders, cashier’s checks, or official bank checks should be made payable to Mount Vernon Nazarene University and should be mailed to the Student Accounts Office.

MVNU has contracted with Official Payments Corporation to process online payments. A convenience fee of $3 per transaction is charged for electronic check (ACH) payments and a 2.5% processing fee is assessed for all tuition payments made by credit card; MasterCard, Discover, and American Express are accepted. Note: When paying an application fee, housing deposit, or tuition deposit, processing fees are not assessed and in these cases alone, Visa cards are accepted.

Payment options include:

  • Full Payment – Payment in full by August 8 for fall and January 9 for spring.
  • TuitionPay Monthly Payment Plan – For students and parents desiring to pay educational expenses in monthly installments, a low-cost deferred payment program is available. The TuitionPay monthly plan is administered by Sallie Mae. This begins July 5. For additional information, visit http://tuitionpay.salliemae.com. The annual enrollment fee is $75.
  • Private Education or Parent PLUS Loan Option – Balance is covered by a private or Parent PLUS loan. The loan must be approved by the confirmation deadline to avoid the late fee.
  • Combination TuitionPay and Loan – Balance is covered by a TuitionPay plan in addition to a private or Parent PLUS loan.

Students desiring to apply a portion of their campus earnings to their student account indicate the percentage to be applied when they submit their Student Account Invoice.

A monthly statement is sent to the student’s campus e-mail address. By completing the Billing Statement section on the Information Release Form at my.mvnu.edu, a student may request that a monthly statement be sent to a parent, guardian, or third party.