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BGSU changing charge card policy
Beginning July 1, the BGSU bursar will only accept MasterCard
and Discover credit card payments over the Web or when
using the toll free number 1-866-364-4176. A convenience
fee of 2.5 percent will be charged to the bill payer.
The change, according to officials, is a cost-saving
measure for the University.
Students and parents still may make payments to bursar
accounts using an electronic check on a designated Web
site, or payments in person via check or cash. Students
and families may also use various credit card companies'
convenience checks.
The new practice in the Bursar's Office on the main
campus and at BGSU Firelands does not affect other campus
offices, such as the College of Musical Arts box office,
the Athletic Department ticket office or the University
Bookstore.
The change in the Bursar's Office is being made to eliminate
approximately $700,000 in merchant fees currently being
charged to the University. With the current budget situation,
the merchant fee was no longer a cost the University
could continue to absorb, according to Dr. Christopher
Dalton, senior vice president for finance and administration.
Bowling Green's move is part of a trend being seen at
campuses across the state. Other institutions that have
implemented convenience fees for credit card use include
the University of Toledo, Cleveland State, Miami and
Ohio universities.
Ohio State University has not accepted payments by credit
card for tuition and fees for many years.
Students who wish to use a MasterCard or Discover Card
to pay their bursar bill over the Web will be charged
a convenience fee of 2.5 percent by Sallie Mae Solutions,
which has been hired to handle the credit transaction.
The University will receive full payment of the bill;
the convenience fee for handling will be retained by
Sallie Mae.
"VISA is not included because the credit card company
does not allow convenience fees to be calculated and
charged as a percentage of the total bill," Gaylyn
Finn, University treasurer and associate vice president
for finance, said. "Should VISA change that policy
in the future, they could be added to the program."
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