Update August 11th: Received an e-mail from the University about this tonight.
Concordia will no longer accept credit card payments for tuition as of August 31st, 2009.
This is a cost-cutting measure. The official notice can be found on the MyConcordia Portal. They state the following reason:
Challenged by economic difficulties currently affecting all Canadian universities and chronic underfunding of post-secondary education in Quebec, Concordia University has been reducing costs in various areas while minimizing the impact on the quality of academic programs.
You will still be able to use your credit card at the bookstore, computer store, for application fees, parking fees, and some other payments mentioned in the notice.
There is also a Gazette article on the issue that provides information on how much Concordia will be saving (about $800,000 per year) and the impact on students.
The majority of students I know pay their fees by credit card. It is convenient and a way to earn extra points. There are other options, such as online banking but, many students use credit cards as a way to temporarily cover some of their tuition if they do not have enough in their bank accounts. So, what bothers me most is that many students do not even know about this change.
I saw it on the front page of the Gazette yesterday at a grocery store. Wanting to know more, I went to the main Concordia site. However, I was unable to find information on the main page. The News and Events page contained a link to the information I was looking for but it was hard to find. I would never have noticed it if I was not explicitly looking for it.
It was also on the myConcordia Portal. However, I rarely visit the portal in the summer and don’t usually read the notices on the main page. I guess someone figured hitting caps lock was enough.
I have not received an e-mail or any letter from the Faculty or the Concordia Administration. The notices should at least be made more visible on the websites.