PayPal and Venmo Now Accepted for Tuition Payments

The integration means students can make tuition payments through the Venmo or PayPal app. "For students and families, tuition is the single biggest financial decision they’ll navigate for higher education," said Jackie Strohbehn, president of Nelnet Campus Commerce, in a statement. "Every payment option we add, including PayPal and Venmo, is about meeting them at that moment with more flexibility and less friction, so affordability isn’t a barrier to staying enrolled."

TouchNet president Jeremy Loch said the integration "enables institutions to broaden choice and create a more frictionless payment experience for students and families." He added that students will have access to "a seamless experience that delivers value for both tuition payers and institutions."

The announcement adds to existing payment methods for tuition, allowing students to use the same app they use for peer-to-peer transfers. No details were provided about fees or which specific institutions will enable the option.