Business Office

Credit Card Payment

You may pay your bill online with a credit or debit card though your LancerLink account using any major credit cards. Card payments are subject to a 2% remote payment fee or $2.00 remote payment fee for any payment of less that $100.00.

Steps to make a payment with a credit/debit card on LancerLink:

1. Log into LancerLink
2. Click on My Finances tab
3. Click on Payment Information tab and New Card tab to add a credit/debit card to the student account
4. Click on My Finances tab
5. Click on Make Payment Online tab

Check or Cash Payment

You can make payments in person with a check or cash, or you can mail payments to:
Mount Marty University
Business Office, Bede Hall 211
1105 W. Eighth St.
Yankton, SD 57078-3724 

Mount Marty University offers interest-free payment plans as a convenient way to break down student account balances into three installments. For more information, please stop by or call the Business Office (Bede 211). Sign up for a payment plan by filling out the following form: 

Payment Plan Form

payment due dates

INSTALLMENT PLANS

Mount Marty University provides the option to students to make equal installment payments during the semester for which the costs were incurred.

If the payment plan becomes more than 10 days past due, per the Loan Application and Promissory Note, a late fee of $250 will be assessed.

Partial payments will be assessed a monthly 18% finance charge on the amount of the payment not paid in full.

If a third party is helping you with payments, you must notify the Business Office by the first week of classes.

Late Fee / Finance Charge

Payment of all costs for each semester is due by the end of the first week of classes unless a payment plan has been arranged.

If arrangements have not been made with the business office by the end of the second week of classes, and the balance is greater than $1,000, a one-time late fee of $250 will be assessed.

Balances less than $1,000, will be assessed a monthly 18% finance charge.

In addition, students with unpaid accounts who have not made financial arrangements to pay their balance, may be administratively withdrawn from the University.

Registration Holds

Students with an unpaid balance greater than $250.00 may not register for the following semester until their account is paid in full or is in an active financial arrangement to pay the balance by the end of the current semester for which the costs were incurred.

The registration hold serves as an alert mechanism so that the student contacts the Business Office to resolve their account balance while the student is still enrolled and is eligible for financing options.

Transcripts may be held for students not eligible for Title IV aid.

The above policy does not apply to Dual Credit or Professional Development students. Registration and transcript holds are effective for any balances due past the payment due date.

The percentage of tuition and refund is based upon the official date of the university/course withdraw as determined by the Registrar Office:

Grad Terms and Undergrad Fall/Spring Terms:

100% Refund for courses dropped within the first week of the class

60% Refund for courses dropped within the second week of the class

0% Tuition beyond the second week of class.

Undergrad Summer Term:

100% Refund for courses dropped before within first week of class .

0% Refund beyond the first week of class .

All fees are nonrefundable once classes begin.

Room and board fees are refundable through the first week of the academic term, on a prorated basis.

If there is a credit on your student account after your financial aid is applied, then you will receive a disbursement for the credited amount. This credit will be disbursed in either the form of a check or an ACH. If you wish to receive the funds as an ACH, then please input your bank information under the Payment Information tab in Lancerlink.

Credits are disbursed starting the second Friday of the new term. Credit refunds are disbursed weekly, based on credit balance on your student account.

Students receiving GI Bill and Vocational Rehabilitation and Employment benefits and have a certificate of Eligibility (COE) or VAF 28-1905 on file with the MMU Registrar’s Office will automatically receive a deferment on tuition and fee payment until payment arrives from the VA.

Policy Statement: Military Tuition Assistance (TA) is awarded to a student under the assumption that the student will attend school for the entire period for which the assistance is awarded. When a student withdraws, the student may no longer be eligible for the full amount of TA funds originally awarded. To comply with the new Department of Defense policy, Mount Marty University will return any unearned TA funds on a prorated basis through at least the 60% portion of the period for which the funds were provided. TA funds are earned proportionally during an enrollment period, with unearned funds returned based upon when a student stops attending. These funds are returned to the military service branch. Instances when a service member stops attending due to a military service obligation, the college will work with the affected service member to identify solutions that will not result in a student account liability for the returned portion.

The return of unearned TA funds to the government will adhere to the following schedule:

16-week course withdraw submitted:

• Before or during weeks 1-2 = 100% return
• During weeks 3-4 = 75% return
• During weeks 5-8 = 50% return
• During weeks 9 = 40% return (60% of course is completed)
• During weeks 10-16 = 0% return

8-week course withdraw submitted:

• Before or during week 1 = 100% return
• During week 2 = 75% return
• During weeks 3-4 = 50% return
• During week 5 = 40% return (60% of course is completed)
• During weeks 6-8 = 0% return

Return of funds will be prorated accordingly for those outside of standard terms.