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Payment Plans / Installments

Page address: http://www.mnsu.edu/campushub/payments/installments/

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2009-2010
School Year

Minnesota State University,
Mankato School Code:
002360


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Payment Plan Option

mnsu.edu/payment

Minnesota State Mankato provides enhanced payment plan options for students through a third-party tuition payment service provider, Nelnet Business Solutions/FACTS.

The Nelnet/FACTS payment plan provides:

  • Convenient monthly payment options that can begin early enough to spread payments out over several months
  • Automatic payments that can be authorized from designated checking, savings or credit card accounts
  • Expanded online credit card payment capability that includes Discover and American Express in addition to Visa and Mastercard
  • Direct communications from Nelnet/FACTS on payment plan status and updates
  • Scheduled data exchanges between Nelnet/FACTS and Minnesota State Mankato to update payments as well as actual account balance information after financial aid payments are posted *
  • Lower cost to students of $25 per semester (nonrefundable enrollment fee)
  • Protection from registration cancellation for non payment

Generally, Nelnet/FACTS online enrollment periods will begin when semester registration begins. More plan options will be available the earlier a student enrolls. An online cost-estimating tool assist students with determination of payment plan contract amount.

* Please note that a change in your University account balance does not automatically generate a change to your FACTS contract amount until after the first financial aid disbursement date of each semester. If you wish to make a change to your FACTS contract prior to the first day of the semester, please contact Nelnet/FACTS directly. Once the semester begins, please contact the University Cashiers for information and assistance with contract change requests.