Making Payments

Student Online Payments

Credit card and electronic check (ACH) payments may be made using our online secure payment portal, powered by Transact Campus Inc. (Transact Payments). Access to this portal is available through your Banner Self Service account > Ellucian Banner > Transact Payments. The student may grant access to other individuals by providing them with their own login and password.

A convenience fee is charged by the provider for the credit card payment option. IWU does not charge nor collect the convenience fee. There is no fee for an ACH payment. Credit card payments and direct debits are not taken at the Business Office.

Parents/Designee Online Payments

Students must first grant access to other individuals by providing them with their own login (Authorized User ID) and password in Banner Self Service (see instructions below). Once this is done, the authorized user can then access the Transact Payments using credentials your student set up for you.

Authorize Parents/Designees to Make Payments

A person other than the student can be granted the ability to view and pay the bill as an Authorized User. Students should follow these steps to authorize parents or other users:

Log in to MyIWU .
Click on Banner Self Service.
Click on Ellucian Banner.
Click on Transact Payments.
Click on My Account in the top left column. This will load a new page.
In the middle of this new page, click on the Send a payer invitation link in the Payers section.
Fill out the required fields (a red asterisk appears beside each required field) and click on Send Invitation in the bottom right corner of this screen. You may also send this potential payer a private note in the Message to Payer field.

International Payments

International students may make international payments directly through Transact Payments. This option is available to students using Banner Self Service account > Ellucian Banner > Transact Payments. Parents and friends of international students may be setup to be an authorized user by the student. An authorized user may access Transact Payments using credentials the student set up.

Payments by Check

If paying by check, please include student's IWU ID Number (not social security number) on the check. If you are enrolled in an installment plan for the semester, please only pay by credit card or ACH payment through Transact Payments. Checks sent directly to the Business Office will not be credited toward an installment plan.

Please make checks payable to Illinois Wesleyan University and mail to:

Illinois Wesleyan University
Business Office
P.O. Box 2900
Bloomington, IL 61702-2900

Payments on Campus

Cashier windows are open to receive your cash or check payment from 8:30 AM until 4:00 PM Monday through Friday. Students should allow 24 hours for payments to be posted to their accounts. The Cashier’s Office is located on the east side of the main floor of Holmes Hall.

The Business Office does not accept credit card or ACH payments at the Cashier windows.

2024-2025 Academic Year Payment Plans

Pay in Full

If a student is Not enrolled in a Transact Campus Inc. (Transact Payments) installment payment plan, the full payment for fall semester is due by July 30, 2024 and full payment for spring semester is due by December 30, 2024. Accounts will be assessed a 1 percent interest charge per month on the unpaid balance.

Installment Payment Plans

Illinois Wesleyan University is pleased to offer convenient payment plans through our third-party vendor, Transact Campus Inc. (Transact Payments). A payment plan will be available to students on a semester by semester basis. The Fall 2024 enrollment period will become available July 1, 2024. The Spring 2025 enrollment period will become available December 1, 2024.

When you enroll in a payment plan option through Transact Payments you will be assessed a non-refundable plan enrollment fee of $35. Please remember you must select to enroll in a payment plan through Transact Payments each semester.

Installment payment due dates are as follows:

Fall Semester: July 15, Aug. 15, Sept. 15, Oct. 15 and Nov. 15
Spring Semester: Dec. 15, Jan. 15, Feb. 15, March 15 and April 15

Failure to be current on payments will result in a registration hold.

When enrollment opens, follow these directions:

Log in to MyIWU
Click on Banner Self Service
Click on Ellucian Banner
Click on Transact Payments

*All available plans and applicable payment options, fees and disclosures will be presented to you during the enrollment process. Enrollment in and availability of plans may be subject to applicable state law limitations. An enrollment fee will apply and other fees may apply to the extent permitted by law. The Full Service Payment Plan is administered by Transact Campus Inc., a Transact Holdings Inc. company.

The enrollment fee is considered a finance charge which is defined by federal regulations as “the cost of consumer credit as a dollar amount.” To make it easy for consumers to compare this cost to other forms of credit, Transact Campus Inc. provides the equivalent annual percentage rate (APR), which takes into account a number of variables, including the number of payments, the term, and the amount financed. Maximum APR limits may be subject to applicable state usury laws.

Student Financial Responsibility Agreement

By registering for classes at IWU, you accept financial responsibility for payment in full of all student account charges for tuition and fees, late charges, and any additional costs which may be incurred by the University in collection of these debts. These include, but are not limited to, credit bureau reporting, referral of the debt to a collection agency, and/or referral of the debt to an attorney or other authorized legal debt collection procedures. Read the entire Student Financial Responsibility Agreement .

Registration, Transcripts and Diplomas

Registration for the next term is not permitted until a student has fully paid all charges for the current preceding term unless the student is enrolled in a Transact Payments payment plan and is current with their payments. A diploma is released only to a student who has fully discharged all financial obligations to the University.

Transcripts of academic record can be ordered from the Registrar's Office.