Payments can be processed through the IAU Payment Portal or by check.
Unless there is a prior billing arrangement with the student's host institution, IAU will send an invoice to the student via email. If payment is not received by the due date indicated on the student invoice, a $150 late fee will be applied to the student’s account. IAU will not allow students to register for classes if their accounts show outstanding balances not related to documented financial aid disbursements and reserves the right to prevent students from sitting for final exams if their invoices are not paid in full.
Fall semester - July 5
Spring semester - December 5
Summer term - May 5
January term - November 1
Credit card payments can be made through IAU's secure payment portal.
IAU accepts Visa, MasterCard and Discover. A transaction fee of $150 will be assessed for payments exceeding $5,000. Multiple credit card payments for the same student whose cumulative total exceeds $5,000 will also be assessed the fee.
Checks must be clearly marked with the student's name and IAU program listed in the memo section of the check. A $35 fee will be added to invoices if a check is returned due to insufficient funds.
When paying by check, please mail to:
Institute for American Universities
7141 Momentum Place
Chicago, IL 60689-5338
Please send checks by mail through the U.S. Postal Service and not via UPS, FedEx or DHL since these will not be delivered.
Students on Financial Aid
Students who expect to receive financial aid disbursements to help pay for some or all of their program fees should notify IAU immediately by submitting the Financial Assistance Form. Students should complete the student portion and then have a financial aid advisor from their home institution complete the final section and return to IAU via email, fax (847-864-6897) or mail (IAU College, 531 E. Roosevelt Road, Suite 101, Wheaton, IL 60187). Students are responsible for paying anything not covered by expected financial aid by the payment deadline.
Students must submit the Financial Assistance Form by the following deadlines:
Fall semester - June 15
Spring semester - November 15
Summer term - May 1
January term - November 1
IAU provides an option of making automatic monthly tuition payments through the Higher One Inc. Tuition Payment Plan to students who pay IAU directly. (Students who submit payment for the program to their home institution are not eligible). Students are able to spread their payments over a period of several months, interest free. Higher One Inc. Tuition Payment Plan Agents can help determine the lowest-cost payment strategy. If interested, please register on their website or call 800-635-0120.
*When enrolling in a new plan, you will select the school state as Illinois and the school name as IAU College.
Spring 2017 - December 14th, 2016
Fall 2017 - August 15th, 2016
*Please note that payment plans through Higher One, Inc. are not availbale for summer or January-term programs.
Parents claiming students as dependents often wish to use tuition paid for study abroad programs toward educational tax credits. IAU College (IAU) does not issue 1098-T forms. If a student’s home institution bills for the program’s tuition, it should issue the 1098-T form. If students pay IAU directly, they or their parents are recommended to seek professional tax advice as to whether such payments would be eligible given that the home campus applies the credits toward a degree. While IAU cannot provide any tax advice, the Registrar can furnish a zero-balance account statement.