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Minnesota State University, Mankato
Minnesota State University, Mankato

Installment Fees

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Account Payment Date

The Account Payment Date each semester is the fifth class day of the term which requires one of the following:

  • Payment in full
  • Enrollment in a Nelnet/FACTS payment plan
  • Sufficient financial aid or third party authorization in place to cover charges within 30 days

Unpaid Account Balances

Therefore, unpaid account balances will be reviewed 30 days after the Account Payment Date. Accounts with remaining balances of $100 or more not covered by a Nelnet/FACTS payment plan will be subject to a $30 installment fee. This will provide an additional four weeks to pay in full and prevent delinquent account past due penalties. Those penalties may include a Late Fee, Unpaid Balance Hold, and/or Residence Hall Meal Plan/Dining Suspension.