Student Account Payment Instructions and Deadlines
Authorize parents for access to make student payments in CashNet
- View step-by-step instructions to grant parents access to online payment system
- View instructions on how to reset parent password for online payment system (CashNet)
- View instructions on how to view the tuition statements online (parents and students)
Payment Processing Fees
Credit card processing fees apply to all payments via credit or debit card. The processing fee is an additional 2.95% of the total original charge, with a minimum of $3.00 for domestic (United States) card payments over $20.00 USD. International card payments incur a processing fee of 4.25% of the total original charge.
Electronic check payments incur zero processing fees.
Payment Options
Payment Option #1: SINGLE SEMESTER PAYMENT (Current Balance Paid in Full)
- Due 7 days prior to the start of each semester. (See payment dates below for specific dates.) Payment processing fees for debit/credit cards apply.
- Pay online through CashNet.
- To mail a payment (including funds from an educational savings/529 plan), please note the student's name and ID# on the check and mail to:
Cornell College
Student Accounts Office
600 First St. SW
Mount Vernon, IA 52314-1098 - To make a payment by phone, call us at 319.895.4593 and we can assist you by processing an electronic check or a credit/debit card payment.
Payment Option #2: SEMESTER PAYMENT PLAN (5 monthly payments per semester)
- View instructions on setting up a payment plan (parents)
- View instructions on setting up a payment plan (students)
- Payments are due on the first business day of each month August-December (fall) and January-May (spring). Payment processing fees for debit/credit cards apply.
- A payment plan should be set up each semester you do not use the single semester payment option above.
- Students/families may set up their payment plan as soon as the first statements for each semester are available online (mid-July and mid-December).
- $50 fee set up fee due as you set up your monthly payment plan each semester.
- Each semester, student accounts are expected to be paid in full or enrolled in the pay plan by the semester payment option date. (See payment dates below for specific dates.)
- Accounts are considered delinquent when accounts are not paid in full by the semester payment option date or are late/insufficient on the payment plan.
- LATE FEES WILL BE ASSESSED on the 10th of each month. $25/month for all delinquent accounts.
- Registration holds will be placed on delinquent student accounts. Registration for summer, the next academic year, and/or the next academic semester will be prevented until the student account is paid in full or brought current on the payment plan.
- Housing selection holds will be placed on delinquent student accounts. Students will not be able to draw a number, select a room, or participate in any housing lottery processes until the student account is paid in full or brought current on the payment plan.
- Students are subject to the Financial Suspension Policy when their student account remains delinquent at the end of Block 4 and Block 8.
2024-2025
| Date | Detail |
|---|---|
| July 15 | Fall bills available online through Self-Service - Students/Families may begin setting up Payment Plans for Fall semester. |
| August 1 | Monthly Payment Plan Option: First payment due for all students utilizing the Monthly Payment Plan Option for fall semester (due on the first business day of each month, August-December) |
| August 19 | Semester Payment Option: Payment due for students choosing the Semester Payment Option for fall semester (full balance payment) |
| September 10 | Late fees begin accruing on the following student accounts: those with a balance due but are not enrolled in the Monthly Payment Plan Option or; those who are late on their payment plan payments ($25 per month on the 10th of each month) |
| December 14 | Spring bills available online through Self-Service - Students/Families may begin setting up payment plans for spring semester |
| January 3 | Monthly Payment Plan Option: First payment due for all students utilizing the Monthly Payment Plan Option for spring semester (due on the first business day of each month, January-May) |
| January 3 | Semester Payment Option: Payment due for all students choosing the Semester Payment Option for spring semester (full balance payment) |
| January 31 | Business Office holds placed on delinquent student accounts as a reminder to resolve any outstanding balance in order to avoid issues or delays with Registration and Housing Selection in March. |
| February 10 | Late fees begin accruing on the following student accounts: those with a balance due but are not enrolled in the Monthly Payment Plan Option or; those who are late on their payment plan payments ($25 per month on the 10th of each month) |
| March 6 | Registration and Housing holds (for upcoming academic year) placed on delinquent student accounts |
| May 5 | Delinquent student accounts are subject to the Financial Suspension Policy |