WHAT HAPPENED
Some universities are now allowing students and their families to pay tuition through PayPal and Venmo. Among the first institutions offering the payment options are Bellarmine University, Butler University, Kansas State University, Michigan State University and Texas Tech University, although more universities are expected to join later this year. Students and families may face transaction or processing fees, with the amount depending on the university and the funding method used. The payment options are being integrated through campus payment platforms including Illumia, Nelnet Campus Commerce and TouchNet, which process tuition payments for institutions across the country. “A modern tuition payment experience has to work for both sides of the transaction,” Don Smith, Illumia’s senior vice president and general manager of integrated payments, said in a statement.
Continue reading from the original publisher for the complete report and source context.
READ ORIGINAL STORY