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Tuition Payments & Finances
Paying tuition, financial aid, and work study awards.
Notice:
The information on these pages is currently for students entering in the Spring 2023 semester. Students entering in the following semester will be alerted when their onboarding process begins.
Related checklist items
- July 1 – Billing statement sent
- July 29 – Verification forms (if requested)
- July 29 – Beloit, Strong, Direct and PLUS loan counseling and Master Promissory Note (MPN) due
- July 29 – Documents required by the Payroll Office and/or the Financial Aid Office for work eligibility
- Aug. 12 – Tuition payment/payment plan due (new fall/transfer students only)
- Aug. 22 – Tuition insurance plan (optional)
- Optional –FERPA Student Financial Records Release Form
Related checklist items
Billing statement will sent Dec. 2 or within 2 weeks of deposit after Dec. 2.
Due January 13, 2023
- Beloit, Strong, Direct and PLUS loan counseling and Master Promissory Note (MPN) due
- Tuition payment/payment plan due
- Documents required by the Payroll Office and/or the Financial Aid Office for work eligibility
- FERPA Student Financial Records Release Form (optional)
Due January 22, 2023 (before classes)
- Tuition insurance plan (optional — offered through GradGuard)
Paying your tuition
Beloit College has partnered with Nelnet Campus Commerce to offer an online billing enhancement that will allow families to manage education expenses online. This online website will allow you to retrieve your e-billing statement, view up-to-the-minute account activity, make payments, and enroll in an optional semester monthly payment plan.
The Bursar’s Office will send your semester e-bill electronically for your retrieval. Paper statements will not be mailed.
More information on how to access Nelnet and how to retrieve your e-statements will be emailed to your Beloit College email.
Payment options
Please be sure your student name and student ID number appear on checks. To get your ID number, log into the Portal, hover over your name (upper right hand corner), click on “Personal Information” and then click on the “Biographical Information” tab.
Make checks payable to “Beloit College” and mail to:
Beloit College Student Billing
700 College St., Box 33
Beloit, WI 53511
Nelnet offers monthly payment plans to allow you to spread your education expenses over smaller monthly installments that are paid over the course of the semester. Though many families take advantage of the optional payment plan, it is not required.
Nelnet Business Solutions uses direct debits (automatic payments) from your bank account (checking/saving) or credit card account (Mastercard, Visa, or Discover) to make monthly payments on your behalf on the 1st or 15th of the month.
NELNET SEMESTER PAYMENT PLAN OPTIONS
Payment plans have a $45.00 enrollment fee per semester.
Spring Semester
Payment due monthly on the 15
- Beginning December 15 – 5 payments due on the 15th of the month
- Beginning January 15 – 4 payments due on the 15th of the month
- Beginning February 15 – 3 payments due on the 15th of the month
**Last payment for all plans paying on the 15th is 4/15/2022
Payments due monthly on the 1
- Beginning January 1 – 5 payments due on the 1st of the month
- Beginning February 1– 4 payments due on the 1st of the month
- Beginning March 1– 3 payments due on the 1st of the month
**Last payment for all plans paying on the 1 is 5/1/2022
More information on how to pay your bill online will be emailed to your Beloit College email.
E-check/ACH
- Electronic payments made from your checking or savings accounts do NOT have a convenience fee. It’s FREE!
Credit Card
- Make a payment online using MasterCard, Visa, and Discover. Please note that a convenience fee of 2.75% of the amount charged will be added to each transaction.
Debit Card
- Debit card payments are treated as credit card payments and will be charged the convenience fee. You can however enter your routing and bank account number associated with your debit card and the payment will be treated as an electronic payment with no convenience fee (see E-check/ACH above)
Beloit College has partnered with Flywire to provide international students with an easy and secure method to make international payments. As the leading payments processor for educational institutions all over the world, Flywire delivers students’ tuition payments quickly, easily, and securely. To make your payment with Flywire, please visit beloit.flywire.com.
With Flywire you can:
- Track your payments from start to finish
- Make payments in more than 140 currencies, online and from banks worldwide
- Other available payment methods include international credit and debit cards, and other international payment options that vary by country
- Save on bank fees and exchange rates
- Enjoy peace of mind with dedicated multilingual customer support
- Ensure accurate and timely posting of your payment to your student account
If your payment is late, you’ll be charged $175 unless you’ve made prior arrangements with the Bursar’s Office. Late payments may also result in not being able to register for classes or receive transcripts.
If you have questions about your student account, please contact the Bursar’s Office at 608-363-2224 or studentbilling@beloit.edu.
Beloit College offers an optional tuition insurance program. The Tuition Refund Plan through GradGuard provides coverage for tuition, fees, room, and board if you are required to withdraw from school due to a medical or mental health illness before the semester is complete. The program is designed to supplement Beloit College’s standard refund policy and is offered as a voluntary benefit to our students & families. Your participation is not required but recommended. Beloit is not compensated for this program.
Learn more at gradguard.com/tuition/beloit or call (866)724-4384
Student Financial Records Release Form
Due to Federal student privacy regulations (FERPA), Beloit College can only discuss your financial account information with you, the student. If you want to allow family members to access and discuss your student financial records with Beloit College, please complete the Student Financial Records Information Release Form and submit it to the Financial Aid office by visiting our office (Pearsons Hall, second floor) or securely uploading your completed form here.
Financial aid
You should have received information in your application portal about any financial aid you qualify to receive. Some students need to submit additional documents to confirm their financial aid eligibility. Students who need to submit documents can view a list of required documents in their application portal.
Students who have filed a Free Application for Federal Student Aid (FAFSA) are eligible to borrow a Direct Loan. The Direct Loan program allows students to borrow a fixed amount each year, determined by grade level, up to the maximum aggregate total. The loan(s) may be subsidized or unsubsidized, depending on your eligibility. If you wish to accept a Direct Loan, you must complete the Master Promissory Note (MPN) and Entrance Counseling at www.studentaid.gov.
The Financial Aid Office will evaluate a student’s demonstrated need during the financial aid process. A loan will be included in your financial aid package, if you’re eligible.
If you wish to utilize the Beloit College Loan or Strong Loan, you must complete the necessary steps to accept the loan with our loan servicer, University Accounting Service at UASConnect.com. University Accounting Service will contact you by email when your loan is ready for you to accept. After you receive an email notification from University Accounting Service, you will create an account and will be presented with the steps necessary to complete the loan acceptance process.
You should complete this process prior to the start of classes.
Federal Work Study, campus employment, and finding jobs
All financial aid awards now include work: either Federal Work Study (domestic students only) or campus employment. You are encouraged to find a position within the first three weeks of class. Available positions will be posted online throughout the summer. Most positions pay Wisconsin minimum wage ($7.25/hour). More varied opportunities may exist after your first year.
It is your responsibility to seek and secure work on campus.
Human Resources is the primary source of position listings, though we encourage you to network with departments as soon as you arrive (or even prior to arrival).
Necessary documents for paperwork—bring these with you!
While you may not have plans to work right away, it is very likely that you will work on campus, participate in a summer research program, or receive funding for an off-campus experience during your time at Beloit College. Why wait? Take care of payroll paperwork on move-in day and you will not have to worry about it later. Plus, your parents can take your important ID documents home with them for safe keeping.
The most common combinations of documents required to complete employment paperwork are listed below. You must bring the original documents; copies don’t count. For a full list of accepted documents, see https://www.uscis.gov/i-9.
-
An unexpired U.S. passport or Permanent Resident Card
OR -
A driver’s license or photo ID AND a social security card or birth certificate (original or certified copy)
- Note: If you are under the age of 16, you must bring both your social security card and birth certificate (original or certified copy).
- A voided check or similar bank document with your bank’s name, your name, the bank’s routing number, and your bank account number. These details will provide the information needed for electronic deposit of financial aid refunds and earnings from your campus job.
All international students (both F-1 and J-1) must secure a campus job and provide proof of employment before they can complete employment paperwork and apply for a social security number. We do not do international student paperwork on move in day, but the Human Resources/Payroll Office and Office of International Education will assist you shortly after you arrive.
- Passport
- Visa
- I-20 for F-1 students
- DS-2019 for J-1 exchange students
- Printed I-94 U.S. arrival document
- U.S. bank routing and account numbers (if any)
Additional Details
To be eligible to work on campus, you must fill out an I-9 form, a W-4 form, and an earnings authorization form. Don’t worry about completing these forms before arriving; the Payroll Office will provide the forms and explain the details on move-in day. You will complete your paperwork after you get your college ID photo taken.
In addition, you must complete any outstanding documents requested by the Financial Aid Office. All students who wish to work on campus must have the approval of the Financial Aid Office. Contact the Financial Aid Office directly if you have missing documents and would like to begin working on campus.
You can opt to have your earnings from your on-campus job automatically applied as a payment toward your tuition. We will help you set this up on move-in day when you complete your direct deposit form.
If you do not apply your earnings to tuition, or if your student account does not have a balance due, your earnings will be deposited into your bank account each payday to help cover indirect costs like books or travel.
Domestic Students
Beloit College will withhold Wisconsin income tax from your wages unless you claim exemption from withholding as an Indiana, Kentucky, or Michigan resident. Illinois residents are subject to Illinois withholding. Your campus earnings are exempt from Social Security and Medicare withholding during the academic year.
International Students
Beloit College will withhold Federal and Wisconsin income taxes from your wages. Your campus earnings are exempt from Social Security and Medicare withholding during your first 5 years of presence in the U.S.