Students are billed on a semester-by-semester basis. Billing statements are sent to students starting in July for the fall semester and December for the spring semester.
Payment of all costs for each semester is due before or during the first week of classes, unless a monthly payment plan has been signed with the Business Office. A $250 late fee will be accessed on all accounts not paid in full or having a payment plan in place by the end of the first week of classes. A finance charge of 1% per month plus a $25 late fee will be charged to all past due accounts at the end of each month thereafter. Students with unpaid accounts who have not made arrangements with the Business Office may be dismissed from classes.
Mount Marty College does not issue degrees, grades, transcripts, employment placement credentials, or statements of honorable dismissal until all accounts are paid in full to the College, and until all current loans are satisfied. Students with unpaid balances may not register for another semester. The 1% monthly finance charge applies to unpaid accounts.
If you have any questions concerning your billing statement, please contact the Business Office at
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 within the first week of classes, a one-time late fee of $250 will be assessed and an additional monthly late fee of $25 and a 1% finance charge may be assessed. In addition, students with unpaid accounts who have not made arrangements to pay may be dismissed.
Mount Marty College provides the option to students to pay the estimated annual costs in equal payments through each semester. Determining the amount of the payment is made in consultation with the business office representative, and includes:
- Estimating the total cost by adding tuition, room, board and fees.
- Subtracting the financial aid allocated in federal grants, federal loans, Mount Marty college grants and scholarships and state grants according to the financial assistance award notice; the difference is the student's estimated cost.
- Dividing the estimated cost into equal payments over the semester.
- Making equal monthly payments before the first of each month.
- If payment plans become delinquent a monthly late fee of $25 and 1% finance charge may be assessed.
Details of the payment policy are available online. Students are expected to read and become familiar with the published payment policy.
Payments may be made in person at the Business Office (Bede 211) or mailed to:
Mount Marty College
1105 W. 8th Street,
Yankton, SD 57078-3724.
Credit Card Payment
Payments by VISA, MasterCard, Discover, and American Express cards are accepted. To make a credit card payment by telephone, please contact the Business Office at (605) 668-1575.
Payment plans are available for your convenience. They are calculated on a semester-by-semester basis. Payments are due on the first of each month. Interest does accrue at a monthly interest rate of 1% on the outstanding balance. Please contact the Business Office for further information or to request a payment plan form.
Third Party Payments
If a third party (Vocational Rehab, employer, VA) will be assisting you with the payment of your costs, you must notify the Business Office by the first week of classes.