Viking Payment Plans
MVC PAYMENT POLICY
Missouri Valley College offers the following payment methods for the payment of balances due on student accounts. Resident students and commuter students are required to pay a $250.00 non-refundable down payment each school year. The down payment is due by June 15th of each year.
- Yearly Payments – Due prior to the start of fall classes.
- Semester Payments- Due prior to the start of classes for each semester.
- Monthly Payments – 4 payments per semester. Fall payments are auto withdraw on 8/15, 9/15, 10/15 and 11/15. Spring payments are auto withdrawal on 1/15, 2/15, 3/15 and 4/15.
- There is a $50 per semester administration fee for monthly payment plans.
All students are required to have their balance paid in full or have a payment plan in place by the last day of the add/drop period. Students failing to comply with this requirement are subject to administrative withdrawal.
DECLINED/DELINQUENT PAYMENT POLICY
All payments are expected to be made on the dates specified by the payment plan. Declined payments must be paid current to the business office within 7 days of the returned payment. Students will be notified via MVC e-mail the day the declined payment notice is received. It is the responsibility of the student to make sure the payment is made within the 7 day period. Students will be charged a $30.00 fee for each payment that is returned by their bank. Students failing to comply with the declined/delinquent payment policy are subject to administrative withdrawal.
Students with two or more declined payments during a semester are subject to being prohibited from having a payment plan for subsequent terms may and be required to make payment in full for the semester prior to the beginning of classes.
Conditions of Payment Plans
There is a $50 per semester administration fee for students that do not pay their bill in full before the first day of classes and require a payment plan.
Payment Plans are based on the Financial Aid package. Changes to the Financial Aid package will result in changes to the amount due each month (i.e. loss of scholarship, additional loans, etc.).
If changes are made to the Financial Aid package, it is the student’s responsibility to request for the payment plan to be adjusted and sign a new agreement in the Business Office.
Payment Plans will not be activated until the agreement is signed by the student.
Miscellaneous charges including but not limited to: stall fees, fines, violations, library fees, and additional housing charges are not included in the payment plan. Miscellaneous charges are due the 1st of the month following the posting in addition to the scheduled payment.
Students on payment plans should refer to their payment plan for payment amounts due.
If two or more payments are returned unpaid during the semester, you will be not offered the monthly payment plan option for successive terms.