<p>Just think of all the time & $$$ we save the university by them not having to hound us for our money or send our accounts to collections, etc. </p>
<p>I just figure I ought to see what works best for our family. Paying monthly is SLIGHTLY less painful than trying to come up with a huge lump sum once or twice/year. Getting 2% or some other LITTLE return immediately from paying also eases the pain a bit. Of course, we’re glad our kids are getting a great education, but sure wish it weren’t quite so expensive.</p>
<p>If there is no fee for using the credit card, go for it! I used to do it wit te kids HS tuitions, til the school started to asssess a fee for using the cr. card. That ended that.
Both my s’s colleges charged to put anything on a credit card, so never did that.</p>
<p>Do it - if there is no fee with the college…and the credit card allows it. We have both a Discover and a Costco AmEx that would ahve garnered cash back… However our student’s U and the previous high school both charge a fee for using cards for tuition etc.</p>
<p>The fee for breaking up tuition into smaller payments can sometimes be too high as well…and so we pay in 2 big chunks…having put it away until payment time.</p>
<p>Yes, definitely explore the options so you are confident that whatever you are planning to do in terms of payment will work best for your & your family. We have done things various ways, depending on how much $$ was involved, how much $$ we had available as a lump sum, and how much would be charged if we broke the payment up into monthly payments. YMMV</p>
<p>University of Redlands did not charge a fee when son attended. We used Discover for four years. I always paid the bill at the local Sears a week before payment was due, didn’t want to get stuck with a late payment penalty. Sears insisted that each check be less than $10,000 when making payment. Now I would just pay online. It was nice to get the bonus money, I don’t think there was a limit on the bonus money then. I use AMEX for just about everything else.</p>
<p>kiddie, you are not overlooking anything. In fact, you would be crazy NOT to pay by credit card. My son is finishing up at Northeastern, and I have paid every bill with a high credit limit credit card that earns “miles”, and I looked at it as a free plane ticket with every tuition payment. As long as they don’t charge me to charge, then I will charge!</p>
<p>Personally, could never think of any good reasons NOT to pay via a credit card that gave us benefits for our charges–for tuition, all U expenses, and whatever else we needed to pay for that accepted our CC. It has been a good choice for us, as long as you make sure not to have a credit balance & pay in full every month, you will not have any interest, penalties or finance charges. Over the years, these charges have given us significant “goodies,” including plane trips & lots of additional cash. Every bit helps us.</p>
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As long as they don’t charge me to charge, then I will charge!</p>