When paying USF tuition, Visa is out and credit card fees are up

Kylie Lacey's picture
Friday, August 9, 2013

If you're getting ready to pay tuition at the University of South Florida this semester, think twice before pulling out the plastic.

Starting Aug. 15, USF no longer will accept Visa cards for tuition and fees. And students using any other credit card can expect a 2.5 percent processing fee on the bill, a change from USF's previous flat fee of $10.

The change is necessary, said university controller Jennifer Condon. The $10 did not come close to covering costs, she said. Last fiscal year, USF paid $800,000 out of reserve funds to make it possible for students to pay tuition on a credit card, covering everything from processing fees to software to employee wages.

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