Monthly Payment Plans
Students at Methodist University can participate in a monthly payment plan through TouchNet to pay their tuition and fees. There is no interest or credit check required before enrolling in our monthly payment program. Before enrolling, students and/or parents should review their eBill to ensure all required expenses are included. For plan options and enrollment deadlines, please login to your myMUExperience.
Important Tip: For a parent or guardian to enroll in a payment plan for the student, the student must first add their parent or guardian as an Authorized User. As an Authorized User, the parent or guardian can log in using their own credentials and follow the steps to enroll in a payment plan. For steps on adding an Authorized User in TouchNet, please click How to Add Authorized Users.
Students must also complete the Required Bill Clearance Form each semester prior to enrolling in our payment plan. Please refer to Billing Information for additional information.
Frequently Asked Questions about the Payment Plan
Any student who has a balance due is eligible for participation in the program.
For steps on how to enroll in a payment plan, please click Enrolling in Payment Plans.
To participate in the payment plan, a non-refundable fee of $50 per semester is charged. The enrollment fee is a separate transaction from the first scheduled payment and is processed immediately once the plan has been created.
Methodist University is committed to assisting individuals and families in paying for the costs related to attending college. The payment plan is an option that provides you with an alternative method of payment. Rather than paying for the entire semester’s balance due in one payment, this plan allows you to spread the cost over monthly payments.
Students and parents who wish to participate in the plan are not charged interest on outstanding balances. However, an enrollment fee is charged each semester. The fee helps offset the operating expenses associated with the ability to provide the plan as an option for payment.
Electronic funds transfer via the Automated Clearing House (ACH) from a checking account. or a debit/credit card (MasterCard, VISA, Discover, and American Express) are acceptable forms of payment for the payment plan. A non-refundable convenience fee per transaction is charged for debit/credit card payments. Savings accounts are no longer accepted, as not all savings accounts are eligible for automatic draft.
Methodist University is committed to providing students with several options for paying their tuition and fees. The credit card payment method is becoming prohibitively expensive due to the fees that that credit card company charges the University. Our third-party payment vendor charges the convenience fee to offset these charges that the University previously paid. The money that previously was spent on the credit card fees can now be allocated to areas that will better serve our students’ needs. The fee is non-refundable.
Increases and decreases will be made automatically. Students and/or parents should not assume that balances are automatically adjusted if additional financial aid is received or a fine has been levied. Students are responsible for monitoring their monthly payment account balance online.
A new payment plan will need to be completed online through TouchNet each semester the student chooses to enroll. Applications will only be accepted during enrollment periods.
TouchNet charges a $30 returned payment fee from the payer’s bank account or credit/debit card when the payment is returned. After two insufficient payments, Methodist University reserves the right to terminate the payment plan agreement, future participation in the payment plan may not be permitted, and the remaining balance is due immediately.
Payers are responsible for updating their payment method at least two (2) business days prior to the next schedule payment to update bank account information or update the information in TouchNet. Failure to do so may result in a returned payment fee. TouchNet charges at $30 returned payment fee each time a payment is returned.
Methodist University reserves the right to terminate the payment plan agreement after two unsuccessful payment attempts.