Student Accounts

Navigating the financial aspects of your Gustavus education

Student Accounts is your primary resource for billing and payments. We understand that managing your finances can feel like a project, so we want to provide clarity and transparency and help.
 
In this section, you'll find detailed information about tuition rates, fees, payment options, and financial aid opportunities. Whether you're a new student preparing for your first term at Gustavus or a returning student navigating changing circumstances, we're here to support you. 
  • New students : You will receive a minimum $100,000 in scholarships over four years from Gustavus when you file the FAFSA. Read more about the Gustie Guarantee.
  • Returning students: Gustavus is excited to announce new tuition policies allowing for tuition assistance beyond semester eight. This includes a new Four-Year Graduation Guarantee and discounted 9th or 10th semester tuition rates.

Financial Aid Opprtunities

We utilize all types of financial aid in order to make Gustavus accessible for families – through scholarships, grants, loans, and student employment.
 
  • More than 97% of Gustavus students receive some form of financial aid.
  • More than 70% of students receive need-based financial aid.
  • Gustavus awards over $60 million in institutional grant and scholarship assistance annually.
Parent Access: MyGustavus--the web-based system that allows Gustavus students to access important information--now provides students the ability to grant parents and/or others access to information on MyGustavus. Students can grant parents access to financial information like their student account, financial aid award, etc. FERPA regulations require students to initiate this access through MyGustavus.

 

Tuition, Room, and Meal Plan Costs

2024-2025

2024-2025 Costs
Tuition
Room
Meals
Total
$55,446
$7,050
$4,754
$67,250
The above cost listed for room is for a regular double room on campus, see all housing option costs. The meal plan listed is for the Option #1 meal plan, see all meal plan costs. 
Personal expenses such as textbook purchases, transportation, and fees are the responsibility of the student and are estimated at $1,846.
 
Starting in Fall 2024, Gustavus full-time students will be those who are registered for 12 to 19 semester credits. This means you will be charged the full-time student tuition rate if you register for any number of credits between 12 and 19. Twelve to nineteen credits in the new system is equivalent to between 3.0 to 4.75 courses in the current system.

Fees

2024-2025

Fees
Fee Amount Description
New Student Fee * $320 One-time fee added to the first semester payment for all new students, to partially cover the costs of testing, advising materials and special programming for new students. First-year Students Only
Technology Fee * $100 The annual technology fee supports the infrastructure, networks, and services that power, protect, and connect the Gustavus experience. This fee supports student technology needs like improved WiFi, important networking updates and continued and expanded support of technology services. All students
Student Government Fee: * $210 Fee added to the first semester payment for all students except international exchange students. The Student Senate and the Campus Activities Board disburse the fees collected. All students
Part Time Fee $2,310 If you are registered for one to eleven credits, you will be charged the part-time tuition rate per credit.
Audit Fee $866 If you choose to audit a course and your current registration credits for the semester are over 19 credits, you will be charged $866 to audit the course. 
Late Course Change Fees $210 The fees for processing petitions following the end of the free drop/add period.
Overload Fee $1,733 per credit  For course loads over 19 credits per semester. Please note that if Music Lesson credits create the overload, students will not be charged for those credits specifically. 
 
Statements and Billing Change: Fee statements will be mailed to the billing address of all students on record in late July for fall semester and late December for spring semester. After the initial semester billing, all monthly statements will be delivered electronically through WebAdvisor. Students will receive an email each time a new billing statement is available.

Deposits

First-Year Students
Enrollment Deposit ($300) for 2024-28: This non-refundable deposit is due when a student accepts an offer of admission. Deposit is paid through Admission Office. The deposit will be credited to your fall semester fees the first semester of your enrollment. 

Payments

Student Account Payment Methods

The Student Account Center via TouchNet is where you can view your student account, make payments, and sign up for payment plans. Students will need to grant parents or other payers permission as an authorized user in order to see account activity, enroll in payment plans, or make a payment on a student account. 
Online
Online Payment. You can use your savings/checking account or a credit card to make your payment online. Credit card payments will be charged a convenience fee of $3.00 or 2.95% whichever is larger. International students can use Flywire through this site to make payments.
Check, Cashier's Check, or Money Order
Please include the student ID number and full name. Payment can be mailed to:
Gustavus Adolphus College
Students Accounts
800 West College Avenue
St. Peter, MN 56082
Cash
Cash payments may be made in person at the Student Accounts Office in the Jackson Campus Center.
Flywire — International families only
Pay Now with Flywire Gustavus Adolphus College has partnered with flywire to offer an innovative and streamlined way to make international tuition payments. Flywire’s mission is to save international students and their families money that would otherwise be lost on bank fees and unfavorable foreign exchange rates. With flywire, you are offered excellent foreign exchange rates, allowing you to pay in your home currency (in many cases) and save a significant amount of money, as compared to traditional banks. In addition, the posting of the payment into your Gustavus Adolphus College account will be faster, and you will be notified via email when it is received.

Learn More

Summary & Instructions

To get started, go to flywire.com/school/gac to create a flywire login and fill out your payment details. Once the necessary information is entered, you will receive payment delivery instructions on how to send your payment to flywire by visiting your bank (online, phone, or in person).

Flywire will convert the funds into U.S. dollars, if you paid in a foreign currency, and will send the U.S. dollar amount to Gustavus Adolphus College where it will be credited to your student account. If your home currency isn’t available, you can still save by sending your payment in U.S dollars.

You will be able to login to your flywire account at any time to track the progress of your payment. Once Gustavus Adolphus College receives your payment we will send you a payment confirmation email. Please note – it may take up to 3 business days for Gustavus Adolphus College to post the payment to your account.

Customer Support:

Flywire’s customer support is here for you no matter your time zone! We are available 24x7 via chat, Skype, email and phone to answer any of your questions.

Payment Plans

Option #1
Pay each semester in full by the due dates of August 15 for the fall semester and January 15 for the spring semester, by check (student ID# on memo line), cashier's check, or money order mailed to Gustavus Adolphus College, Student Accounts, 800 West College Avenue, Saint Peter, MN 56082, or online payment by e-check or credit card.
Option #2

Enroll in a payment plan for the semester with Touchnet.

  • Full Balance Payment Plans – This plan allows families to make 5 payments for fall semester from July 15 to November 15 and spring semester from December 15 to April 15. This plan will automatically recalculate each time the student has charges added or removed from their account to ensure that you are always paying the most accurate amount. If you set your plan to cover the full balance due to Gustavus for the term, you will not pay any finance charges. To enroll in this plan, there is a $45 fee due at the time of enrollment. Enrollment for this plan will be open from July 1 to August 15 for fall semester and December 1 to January 15 for spring semester.
  • Flexible Balance Plans – This plan allows families to make 5 equal payments for the fall semester from July 15 to November 15 and spring semester from December 15 to April 15. This plan allows families the flexibility to determine the amount they want to pay that may be less than the total balance due for the semester. This plan also allows for two different plans to be set up for the same student. If extra charges are added to the account during the semester, the payment plan will not be adjusted. If the plan set up does not cover the full balance due to Gustavus, a monthly finance charge may be added to the account. To enroll in this plan, there is a $45 fee due at the time of enrollment. If more than one plan is set up for the student, the $45 fee will be charged for all plans set up. Enrollment for this plan will be open from July 1 to August 15 for fall semester and December 1 to January 15 for spring semester.
  • Individual Payment Plan – Gustavus has discontinued the Gustavus Individual Payment Plan. We encourage all families to enroll in a payment plan with TouchNet. If you have a special circumstance, or questions, please contact the Student Accounts Office.
NOTE: Parents will not be able to access invoices or payment options until they are added as an authorized user by the student.

Registration Hold Policy

A hold will be placed on all accounts that have a balance over $500 by the due date of 8/31 for fall semester and 1/31 for spring semester. 
 
A hold will also be placed on an account that has not made the first three payments on the Gustavus Payment Plan.
 
To remove the hold from an account one of the following options must be completed:
  • Reduce the balance due to $500 or less before registration.
  • Make a payment of 75% of the balance and an updated payment plan to pay the balance in full by November for the fall semester and April for spring semester.
  • Apply for an alternative loan to cover the outstanding balance on the account. Once the loan is certified by Gustavus the hold will be removed from the account. If the loan funds do not arrive at Gustavus in a timely manner, the student will be removed from the classes that they registered for.

Transcript Hold Policy

Current Students

Students that are currently enrolled at Gustavus Adolphus College and have a hold on their transcript from the Student Accounts Office can gain access to their transcript if on of the following occurs:
  1. If the current total outstanding balance is less than $250.00
  2. If the student has entered into and as, determined by Gustavus, is in compliance with the payment plan. In compliance with a payment plan is defined as follows:
    1. In Compliance: The student shall be considered in compliance with the payment plan agreement, if there are no past due payments on the payment plan. If there are past due payments, the student can make the past due payments to be considered in compliance.
    2. Minimum Monthly Payment: The minimum payment accepted will be determined as to when the transcript is requested in the semester:
      1. First Month of Term - 1/5 of balance
      2. Second Month of Term - 2/5 of balance
      3. Third Month of Term - 3/5 of balance
      4. Fourth Month of Term - 4/5 of balance
      5. Fifth Month of Term - full balance or reduce to $250.00 or less
  3. If the transcript request is made by a prospective employer for the student, the transcript will be send directly to the prospective employer

Non-Registered Students

Students that have a past due student account balance with Gustavus and have a hold on their transcript from the Student Accounts Office can gain access to their transcript if one of the following occurs:
  1. If the current total outstanding student account balance is less than $250.00
  2. If the student has entered into, and as determined by Gustavus, is compliance with a payment plan. In compliance with a payment plan is defined as follows:
    1. In Compliance: The student shall be considered in compliance with the monthly payment plan agreement, after the student makes 12 consecutive, on-time, monthly payments. The first payment will be 25% of the unpaid balance due and the remaining payments will be 5% of the unpaid balance after the 25% down payment is made. The student will not be in compliance, if during the 12 consecutive months they fail to make a monthly payment by the last day of each month. The student can regain compliance status after they have made 12 consecutive, on-time, monthly payments after the non-compliance time period.
    2. On-Time: Payments: Payments are due the last day of each month or withing in 2 business days of the due date.
    3. Minimum Payment: The reasonable minimum monthly payment will be 5% of the unpaid balance on the account after a down payment of 25% of the unpaid balance is made to start the payment plan.
  3. If the transcript request is made by a prospective employer for the student, the transcript will be sent directly to the prospective employer
  4. If Gustavus has sent the debt for repayment to an outside collection agency

Loan Programs

Loan programs where need is not a qualifying factor enable students to finance a portion of their education. Three programs are available: The Federal Stafford Loan (Unsubsidized), the Federal Parent Loan for Undergraduate Students (PLUS) and private alternative loans. Details on these loans are obtained from the Financial Aid Office web site.

Finance Charges

A monthly finance charge of 1.0% (12% APR, 12.68% APY) will be assessed to all accounts with a balance of $100.00 or more, two business days after the due date listed on the statement.
 
To have a finance charge removed from an account, the student must complete the Finance Charge Appeal Form. The appeal will be reviewed and an email will be sent to the student within two weeks of receiving the form in the Student Accounts Office. If the reason for the finance charge was due to an error of the Student Accounts Office or Financial Aid Office, then the charge will be removed from the account. However, if the finance charge is due to a student not completing financial aid paperwork or processes on time, the finance charge will not be removed.

Statement of Financial Responsibility (SFR)

A signed SFR is required of each student before the first day of attendance. The use of the SFR provides assurances to the College in regard to collection of fees and makes it possible to offer a variety of payment options to students and parents. This form indicates who, in addition to the student, is responsible for the payment of fees. The SFR also explains the Gustavus policies relating to past due accounts, including the 1% per month (12% Annual Percentage Rate) finance charge. The student, and at least one parent or legal guardian, must sign the SFR, unless the student is married and/or at least 24 years old. The SFR covers all fees incurred through the student's final date of attendance. A new form may be filed prior to the start of any semester if the responsible party changes due to a change in family status.

Complete SFR Form

Special Circumstances and Appeals

Gustavus recognizes that individual circumstances may require special consideration. Students and/or their parents are encouraged to contact the College's Financial Aid Office, Dean of Students' Office, or the Admission Office should they have any questions. An appeals process exists for students or parents who feel that circumstances warrant exceptions from these published policies. Appeals should be directed to the Director of Financial Aid.

Refunds

Student Account Refunds

Refunds for students with credit balances are processed each semester. For fall semester they are processed around October 1st and spring semester around March 1st. 
 
Students will need to request the refund by completing the Refund Request Form
 
All student refunds will be directly deposited into their personal bank account on file with Gustavus. If they are not set up with direct deposit, a check will be sent to your on-campus mailbox. If the refund is made payable to a parent a check will be mailed to the address provided on the form.
Gustavus Refund Policy
Gustavus has a refund policy in effect for those students that do not complete a full academic semester. For more information see Gustavus Refund Policy.
Tuition Refund Insurance by GradGuard
The GradGuard Tuition Insurance Plan is an insurance program which supplements the Gustavus Refund Policy.
Each year thousands of college students are unable to complete classes for the semester due to unforeseen medical issues such as illness, accidents, concussions, or mental health related issues. Unfortunately, in many cases these families are unable to recoup all of their tuition dollars. At Gustavus, depending on the timing of the withdrawal, there may be circumstances where you may not be eligible to receive a refund of all of your tuition and fees. We understand that these types of situations can be a financial hardship for many families. Therefore, we are pleased to make available the Tuition Refund Insurance plan.
 
Tuition Refund Insurance can help your tuition, fees, and room/board charges, up to the policy limits, if you are unable to complete the semester due to a covered medical reason such as an illness, accident, or mental health issue. This insurance program complements and enhances our school's refund policy and we believe families will benefit from this added protection. Visit GradGuard.com/Insurance for information.

Changes in Fees and Schedules – The College attempts to maintain all published charges throughout the academic year, but reserves the right to make adjustments and change procedures should unforeseen conditions make it necessary.

Health Insurance

All students are required to carry health insurance. All full-time students are automatically enrolled into a comprehensive health insurance plan. In order to decline this coverage, students must complete an online waiver verifying other health insurance coverage. Students will be notified when the waiver is available on-line. All students with their own health insurance will need to complete the online waiver by the first day of classes or they will be charged the annual premium for health insurance. More information about the school sponsored health insurance can be found online at www.gustavus.edu/healthservice.

Frequently Asked Questions

Q: When and to whom are statements mailed?
A: Fee statements will be mailed to the billing address of all students on record in late July for fall semester and late December for spring semester. After the initial semester billing, all monthly statements will be delivered electronically through WebAdvisor. Students will receive an email each time a new billing statement is available.
Q: When are my payments due?
A: Fall semester payments are due on 8/15 and spring semester payments are due on 1/15. Monthly statements are due on the last day of the month. 
Q: Can I access my statement on-line?
A: Yes. To access your statement, go to MyGustavus, log in using your user name and password. You will then click on “Student Account Statement” under the Student Accounts section. You will be able to view cash receipts, new charges, credits, and financial aid revisions. If you have further questions about your statement, please contact the Student Accounts Office. 
Q: How can I make payments on my Student Account?
A: Gustavus will accept personal checks, money orders, cash (in office), wire transfers, electronic bank transfers, or credit cards. The student’s name and ID number should be included with the payment. Payments can also be made on-line via Student Account Center via Touchnet with an echeck or credit card. Credits card payments do have an additional fee of 2.95%.
Q: What other charges might I incur during the school year?
A: There may be additional charges after your initial fee statement is sent in July. This may include, but is not limited to: music lessons, course fees, bookmark charges, meal plan transfers, print shop charges, parking fines and permits.
Q: What is the Statement of Financial Responsibility (SFR)?
A: A signed SFR is required of each student before the first day of attendance. This form indicates whom, in addition to the student, is responsible for the payment of fees. The SFR also explains the Gustavus policies relating to past due accounts and finance charges. The student, and at least one parent, legal guardian or guarantor must sign the SFR unless the student has been declared financially independent by the Gustavus Financial Aid Office. The SFR covers all fees incurred through the student’s final date of attendance, which is usually graduation. The use of the SFR provides us assurances with regard to the collection of fees and makes it possible to offer a variety of payment options to our students and parents. A mailing with brochures and information about payment options is sent to all students each spring. See the Gustavus Academic Bulletin for a comprehensive description of this plan.
Q: Why do I have a finance charge on my statement?
A: A finance charge of 1% per month (Annual Percentage Rate of 12%) is applied to the unpaid balance at the end of each month. To avoid a finance charge, please pay the balance listed on your statement by the due date.

Contact

Student Accounts Office
studentaccts@gustavus.edu

Sara Gostomczik, Director
(507) 933-7502
sarag@gustavus.edu

Dana Lamb
(507) 933-6244
dlamb@gustavus.edu