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Finances and Banking

Finances and Banking

Check the Bursar’s website (Santa Clara University Tuition and Fees) to clarify processes here and include appropriate links.

 

If you are an Exchange or Visiting student from an institution that has a partnership agreement with SCU your financial responsibilities and arrangements will differ.

After you have confirmed your place at SCU you should activate your student account. You will be billed by SCU electronically through eCampus.

Student Account Payment Methods

Online Payment from a Checking/Savings Account:

Electronic Funds Transfer: You can pay your tuition online, in person, by mail or via wire transfer using peerTransfer. PeerTransfer is a service that allows you to make tuition payments to Santa Clara University using your home country’s currency. Because peerTransfer bundles payments to universities, they are able to offer lower exchange rate than most banks and wire 49 transfer services. More information can be found on their website.

 

If you are employed in the United States or if you receive a scholarship that is greater than the cost of your tuition, your income will be taxed. Even if you are not employed you will be required to file a tax form with the Internal Revenue Service (IRS) by April, 15.

More information can be found online at the IRS website for Foreign Students and Scholars and on our website.

 

In the United States, paper currency is issued in denominations of $1, $5, $10, $20, $50 and $100. Each bill is the same size and similar in color and design. Coins are primarily issued in 1, 5, 10 and 25 cent denominations. In order to determine the value of the goods and services you are paying for, you might find it helpful initially to convert the cost to the currency in your home country.

You can do so at either of the following websites:

 

Bartering

In the U.S., bartering or negotiating the price of something is extremely uncommon. Prices of goods and services are fixed and cannot be negotiated with a seller or service provider.

 

US immigration regulations are complex and change frequently.  The University strives to maintain a website that is both current and helpful, however, Santa Clara University is not responsible for students maintaining lawful immigration status; this is the responsibility of the student.  Further, resources and links do not constitute endorsement by Santa Clara University.