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Minneapolis College will be closing at 12:00 p.m. Friday, May 25 and will open again on Tuesday, May 29 after Memorial Day.

Paying for College

Due Dates and Payment Policy

This section explains the tuition payment policy and provides important dates related to your financial aid and tuition payments.

Payment Policy

It is important to pay your tuition on time otherwise your registration may be canceled for non-payment. Additional information and reminders are provided in this brochure.

The current tuition payment deadlines are:

  • Summer Term 2018: May 7, 2018
  • Fall Term 2018: August 6, 2018

If you register after the payment deadline, please check your StarID email for directions regarding the payment policy.

You are exempt from this policy if you:

If MCTC has received your FAFSA from the Department of Education, your tuition and fees are deferred and your registration will not be canceled – even if your award letter is still pending. Therefore, it is critical that you cancel your registration if you decide you do not wish to attend registered courses. If you are waiting for your financial aid award letter, please ensure that the Financial Aid office has all requested information so your award letter may be processed.

Submit your third party billing information each semester by the tuition due date to secure your registration. Your sponsoring organization may fax your authorization with billing instructions to (612) 659-6865.

Submit your scholarship check or verification each semester by the tuition due date to secure your registration. Prepaid scholarship checks should be made out to MCTC and submitted to Business Services.

You may enroll in the automated FACTS tuition payment plan offered by Nelnet. Monthly payments are deducted from your financial account and transferred to the college. There is a one-time payment plan fee of $29 associated with this service. Access the online enrollment function in eServices before the tuition due date to secure your registration.

Students who make a partial payment of $300 or 15% of tuition and fees (whichever is less) meet the payment policy. You may make this payment online in eServices and verify that your registrations are secured. There are additional fees for carrying a balance and paying for the courses as you attend. A $30 payment plan fee is assessed on unpaid balances after the Last Day to Add/Drop. A second $30 late fee is assessed after the mid-point of the term.

Eligible veterans may request a deferment of the tuition due date in order to process military benefits.

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Is College Worth the Cost?

Liberal Arts / General Education

An op-ed piece in the Star Tribune discusses a recent report from the Pew Research Center showing the earnings gap between those with and without a college education is widening.

"Among 25- to 32-year-olds, the average annual income of college grads working full time is $17,500 more than those whose formal education ended with high school, Pew reported. College grads also are more likely to be working and more satisfied in their jobs. Those disparities “have never been greater in the modern era,” the report said.

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