Payment Options
Single Payment Options
eCheck
Tuition can be paid directly from a personal checking account drawn on a US bank.
An eCheck will appear on your monthly statement as PENN STATE UNIV PAYMENT.
There is no fee to pay by eCheck.
Credit Card
Tuition can be paid online by credit card. We cannot accept credit cards via mail, phone, or in person.
There is a 2.5% Convenience Fee for each payment made by credit card.
Check, Cash, Money Order
Tuition can be paid by mail or in person at any Penn State location.
Print a remittance stub from eLion and mail it with your check or money order (payable to Penn State) to the Office of the Bursar, 103 Shields Building, University Park, PA 16802.
Please include your PSU ID on your check or money order. Do NOT mail cash.
International Wire Transfers
Penn State has partnered with peerTransfer to streamline the tuition payment process for our international students. With peerTransfer, you are offered excellent foreign exchange rates, allowing you to pay in your home currency and save a significant amount of money, as compared to traditional banks. It's fast, simple and cost effective from any country - any time.
- Saves money - using peerTransfer will save you hundreds of dollars on each tuition payment vs. traditional bank wire transfers.
- Simple - no more back-and-forth with the bank trying to get all the information you need to make a wire payment.
- Quick - no more waiting and wondering if your payment has posted to your student account. peerTransfer will keep you and Penn State informed along the way.
How it works:
- peerTransfer accepts payments from any country - typically in your home currency. They work to secure you wholesale foreign exchange rates, which are significantly lower than rates offered by traditional banks.
- Visit http://psu.peertransfer.com, enter your tuition amount, and immediately see how much money you will save. Once you initiate payment on http://psu.peertransfer.com, you will receive detailed instructions on how to transfer funds to Penn State. peerTransfer will keep you informed during every step in the process, including when funds have been delivered to Penn State.
- Payments are posted to your student account more quickly than they would be if you were using a regular bank to pay. And, you can be assured that you will never have a short-payment due to unexpected transfer fees or bank charges.
Payment Plans
|
Deferred Payment Plan
Enroll in Penn State's deferred payment plan and pay your tuition bill in installments over three months. |
Tuition Management Systems Lion-Pay Pre-Payment Plan
Enroll in one of Tuition Management Systems Lion-Pay Pre-Payment Plans to pre-pay your tuition with interest-free payment options. Call 1-888-210-5765 or visit www.afford.com/psu for complete details. |
|---|---|
| Number of Payments | |
Three per semester |
Three, four, or, five per semester |
| Payment Due Dates | |
|
Fall Semester: August, October, November Spring Semester: December, February, March |
Varies Monthly payments are due on the 1st of each month. This is a pre-pay plan. Payments occur in full BEFORE the semester begins. Fall Semester:
Spring Semester:
|
| Additional Fees | |
|
$45 non-refundable Covers all administrative costs. |
$28 enrollment fee Covers all administrative costs for the secure handling of your payments. |
| Restrictions | |
|
None The Deferred Payment Plan can be used in combination with any and all types of student aid (loans, grants, scholarships) or by itself. Any student can enroll in the Deferred Payment Plan. |
None Lion-Pay Pre-Payment Plans can be used in combination with any and all types of student aid (loans, grants, scholarships) or by itself. Any student can enroll in Lion-Pay. |
| Enrollment | |
|
At time of receipt of your tuition bill Enrolling in the Deferred Payment Plan is easy. When you view your tuition bill, you will be given the option to sign up. Your tuition bill will list your tuition, fees, room & board (if applicable) and the financial aid that is known at the time the bill is produced. To select Penn State's Deferred Payment Plan, simply pay the first 1/3 by the due date on the bill. Your payment may be made with a check (mail to Bursar's Office with remittance stub), credit card, or eCheck. You must also include the $45 deferment fee and payment for any unpaid prior balance with this initial payment. |
2-4 months prior to semester Enrolling in the Lion-Pay Pre-Payment Plan is easy. Visit afford.com/psu and use the monthly payment planner to determine your semester payment plan amount and your monthly payments. To enroll by phone, call 1-888-210-5765. |
| Notifications | |
|
Yes Once signed up, you will receive notification of your subsequent installments in advance of their due dates. |
Yes You will receive a bill monthly. |
| Late Payments | |
|
$20 late fee Payment not received by the due date will be assessed a $20 late fee. |
$45 late fee Payment not received by the due date will be assessed a $45 late fee. |