{"id":599508,"date":"2026-08-20T20:40:09","date_gmt":"2026-08-20T20:40:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/599508\/"},"modified":"2026-08-20T20:40:09","modified_gmt":"2026-08-20T20:40:09","slug":"msu-among-first-universities-to-allow-students-to-pay-tuition-with-venmo-paypal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/599508\/","title":{"rendered":"MSU among first universities to allow students to pay tuition with Venmo, PayPal"},"content":{"rendered":"<p>Michigan State University students will become some of the first in the country to <a href=\"https:\/\/controller.msu.edu\/student-accounts\/methods-of-payment&#039;\" rel=\"nofollow noopener\" target=\"_blank\">pay tuition<\/a> through mobile payment apps Venmo and PayPal this year.<\/p>\n<p>MSU is one of five universities nationwide now letting students pay tuition through PayPal or Venmo, alongside Bellarmine, Texas Tech, Butler, and Kansas State.<\/p>\n<p>\u201cTuition is one of the biggest payments a family will make, and it should come with the same flexibility and security that millions of people already count on PayPal and Venmo for every day,\u201c PayPal President Frank Keller said. \u201cThat&#8217;s why we&#8217;re proud to bring that same choice and protection into the reliable systems schools have already built.\u201c<\/p>\n<p>PayPal, which acquired Venmo in 2013 for $800 million, said the initiative aims to bring a \u201ctrusted\u201d and \u201cfamiliar\u201d alternative to tuition payments.\u00a0<\/p>\n<p>Fees will be set by the universities individually. At MSU, students will be subject to a 2.75% service fee on all tuition payments using the two apps. The same service fee is applied to other digital payment options, including debit and credit cards, Apple Pay and Google Pay.<\/p>\n<p>Service fees can be avoided by using the bank account payment method to pay by electronic check, MSU spokesperson Mark Bullion said.\u00a0<\/p>\n<p>\u201cExpanding MSU\u2019s digital payment options for student account balances provides students and authorized payers greater flexibility and convenience in managing their payments,\u201d Bullion said. \u201cThe additional payment methods reflect the university\u2019s ongoing commitment to improving the student experience.\u201d<\/p>\n<p>Holding the necessary amount of money for tuition payments in a Venmo or PayPal account may come with risk, as the peer-to-peer payment systems are not federally insured. Traditional banks and all accounts in them are insured up to $250,000. Venmo and PayPal are not banks, however, and therefore do not have the same coverage.\u00a0<\/p>\n<p>Tuition payments made using either Venmo or PayPal will have the same security as other purchases, including encryption and fraud monitoring.<\/p>\n<p>This isn\u2019t the first time the companies have explored new ways to reach college students. Last year, Venmo began integrating itself further into college campuses through name, image and likeness deals for student-athletes and campus sponsorships in the Big Ten and Big 12. The company now offers college-branded custom debit cards.<\/p>\n<p class=\"mb-4 mb-md-0 \">\n                                        Support student media!<br \/>\n                                        Please consider donating to The State News and help fund the future of journalism.\n                                    <\/p>\n<p>\n                                    Discussion\n                                <\/p>\n<p>Share and discuss \u201cMSU among first universities to allow students to pay tuition with Venmo, PayPal\u201d on social media.<\/p>\n","protected":false},"excerpt":{"rendered":"Michigan State University students will become some of the first in the country to pay tuition through mobile&hellip;\n","protected":false},"author":2,"featured_media":599509,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[61,60,202,80],"class_list":["post-599508","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mobile","tag-ie","tag-ireland","tag-mobile","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/599508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=599508"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/599508\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/599509"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=599508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=599508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=599508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}