My BLCU Blog: How to pay your BLCU Tuition Fee

Thursday, November 10, 2011

How to pay your BLCU Tuition Fee

As part of your journey to enrolling in BLCU, you might be wondering about how you can pay your tuition fee. Student Enrollment usually a few days before the classes start. During this process, you will be asked to pay for your tuition fee. To help you decide which option best suits you, Here are the possible ways on How to pay your BLCU tuition fee:


Telegraphic Transfer
A telegraphic transfer is a bank-to-bank transaction which allows you to send your payment in advance before your arrival to Beijing. This option will be for students who would like to settle their payments ahead of time.

The process of paying via Telegraphic Transfer will be similar to that of reserving a dorm room in BLCU, but you have to change the details of Charge into Tuition Fee.

This method though is seldom used (and I will not suggest that you pay by this method) because you will never know if the school received the payment you sent until you arrive in Beijing. But if you have to, or still opt to pay by this process, here's how.

During the enrollment process, there will be no line for telegraphic transfer payees so you will have to go to the Finance department to confirm that they received your payment. The finance department is located  in Room 108 at the same building where you can find the bank.  Once you get the receipt, you can go back to the building where you enrolled and continue the process.

Cash
Paying by cash is the most commonly selected option. You can either opt to pay in US dollar or in RMB. Since the school prefers that you pay in RMB, people paying in this currency will probably finish first.

Students paying in US dollar, should take a bit more time falling in line, but it will not take more than 30 minutes compared to RMB payees. There is another line specifically made for conversion payments. The conversion rate will be a bit lower than usual, but the difference won't be too much either.

Credit Card
The school also accepts credit card payments. This method is the easiest one if you enroll within the set enrollment dates. Otherwise, you will need to go the the Finance department and that will be different story. Anyway, the school accepts American Express, Visa, Mastercard and JCB accredited credit cards ONLY. So before leaving your country, make sure that you have these seals on your credit card. Otherwise, they will not be accepted.

When paying via Credit Card, you will be charged an additional amount for the Commission Fee. Generally, if you use a credit card, you will need to pay the tuition fee + the designated commission fee. Here is a summary of Commission Fees collected upon payment:

Visa/Mastercard = 2.5%
American Express = 3%
JCB = 3%

Debit Cards
The process of using Debit cards are the same with using a credit card. You still have to make sure that you are using either Visa/Mastercard, American Express or JCB accredited debit cards.

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