Guest cedar05 Posted June 28, 2006 Report Share Posted June 28, 2006 hey guys, Can we pay our $1000 tuition deposit online with a credit card? This is how it is done at Dal so it seems odd that Toronto asks for check or money order. Anybody? Link to comment Share on other sites More sharing options...
Guest Kirsteen Posted June 28, 2006 Report Share Posted June 28, 2006 Hey there, At U. of Calgary, too, we can pay our fees with credit cards. You might want to give someone in Admissions a holler to find out if this is possible. Cheers, Kirsteen Link to comment Share on other sites More sharing options...
Guest scrubbed Posted June 28, 2006 Report Share Posted June 28, 2006 Hi there, At U of T, you aren't able to pay your deposit (or tuition) with a credit card, though, as you pointed out, this option is availbale at other schools, including UBC too. I payed my deposit with a money order. What you are able to do is set up your bank account such that you are able to pay tuition through online banking. I went to my neighbourhood BMO branch with my tuition invoice and had them use my student number to set up a online payment option. When I have U of T related expenses, I do an onlne bill payment. It's suboptimal, but that's how it goes. Link to comment Share on other sites More sharing options...
Guest Steve MD09 Posted June 28, 2006 Report Share Posted June 28, 2006 Companies that accept credit card payments have to pay vendor fees. These fees are very often a percentage of what is spent (a considerably higher percentage than you get in rewards). Schools that accept credit card payments for tuition would have to charge more just to cover the vendor fees. Link to comment Share on other sites More sharing options...
Guest scrubbed Posted June 28, 2006 Report Share Posted June 28, 2006 That's an interesting point Steve, given the different approaches that schools take. Perhaps using the credit card system saves a school administration fees, or perhaps it just budgets for it for the benefit and convenience of students, though the interenet banking system is quite convenient too. Link to comment Share on other sites More sharing options...
Guest ssc427 Posted June 29, 2006 Report Share Posted June 29, 2006 Companies that accept credit card payments have to pay vendor fees. These fees are very often a percentage of what is spent (a considerably higher percentage than you get in rewards). Schools that accept credit card payments for tuition would have to charge more just to cover the vendor fees. Then why is the UofT tuition the highest in the country yet they are one of the few schools who do not accept credit cards? Link to comment Share on other sites More sharing options...
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