The cost associated with processing credit cards has continued to grow each year,
and the University wants to continue to offer our customers the option to pay by credit
card. Unfortunately, Ferris State cannot continue to absorb these costs.
FSU has contracted with Touchnet PayPath, a third-party company, to provide credit
card processing services for the consolidated student accounts. By making this change,
FSU will see a cost savings of more than $500,000 per year. The University will continue
to offer free payment options including online e-check payments (ACH bank transfers)
through E-bill.
We hope this page will answer many questions you may have.
PayPath accepts MasterCard, Discover, Visa and American Express. Credit cards payments
can be made online via E-bill. If you need assistance you may come to the Timme Center
for Student Services.
Due to increasing costs to process credit card transactions, FSU has contracted with
a third-party company, Touchnet PayPath, to provide credit card processing services
for consolidated student accounts. By contracting with PayPath, FSU can receive the
full amount of the payment and is no longer responsible for the processing fees. The
fee is being charged by the third-party processor, not FSU. This will provide nearly
$500,000 in annual savings for the University.
2.95% for US credit cards/ 4.25% for international credit cards (minimum $3.00) is
the amount established by our third-party credit card processor, Touchnet PayPath,
to cover the credit card transaction fees assessed by credit card companies.
No, there are a number of other Michigan universities that currently charge a service
fee for credit card processing, including Wayne State, Eastern Michigan, Saginaw Valley,
Grand Valley and Central Michigan.
You can avoid paying the 2.95% service fee by paying online with an e-check, an electronic
debit to your checking or savings account. You may also mail or deliver a check to
the Timme Center for Student Services with no service fee to the address below. Always
include your campus ID number on the check. Ferris State University Student Financial
Services, CSS 101PA, 1201 S. State Street Big Rapids, MI 49307
Credit card payments cannot be made over the phone or via mail. This is a security
measure to ensure confidentiality of your payment information.
Credit card payments can be made at the Timme Center for Student Services, using the
kiosks located in the lobby, to access E-bill. The service fee still applies for payments
made using the kiosks.
No. The credit card companies will not honor checks used electronically. The payment
will be returned as “account not found.” You may use these checks through the mail
or in person only. Send mail payments to the address below. Always include your campus
ID number on the check. Ferris State University, Student Financial Services, CSS 101PA,
1201 S. State Street Big Rapids, MI 49307
No. The service fee is not refundable, even if the payment to which it relates is
canceled, refunded, credited or charged back.
Yes. If you use your debit card like a credit card to pay your student account charges,
you will be charged the 2.95% service fee (minimum $3.00). For checking or savings
account debits, please use the e-check option to avoid paying the service fee.
No. The service fee is a fee assessed by a third-party company, Touchnet PayPath,
in addition to the payment. The service fee will not appear on your student account
or on your E-bill statement.
Two separate transactions will appear on your credit card statement. One transaction
for the student account payment and one transaction for the service fee.
