How to use Transact Payments

  1. Log in to your Banner Web account by clicking on the Transact Payments quick link on the Student Financial Services home page. [Note: You can also log into Banner Web and access Transact Payments by going to your Student Banner Web Account.
  2. Select Banner, Student Self Service, and then Student Account Summary. 
  3. Select "My Account" from the left side navigation.  There you can send a payer invitation to whoever you would like to have access to view your tuition account and make online payments.  As an invited payor, they will also receive the enotifications indicating that the tuition invoices are ready to view and pay.
  4. An email will be sent to the invited party(s) with their Parent PIN, temporary password and a link to access Transact Payments. When they log in for the first time they will be prompted to create a new password.  If they need to have their password reset, you can simply resend the payer invitation.

Login Instructions for Parents and Other Authorized Parties

  1. If not already completed, please ask your student to perform the steps above to authorize you as an additional user on his/her Transact Payments account. Once authorized, an email will be sent to you containing your PIN/USERNAME and temporary password to access the Transact Payments website.
  2. Log in to Transact Payments using the PIN/USERNAME and password provided to you by email. You will be required to change your password the first time that you login to Transact Payments.

For further assistance or to report problems with the Transact Payments site, please contact the Financial Services Office at (812) 877-8296.

Frequently Asked Questions

What is Transact Payments?
Transact Payments is an online vendor that provides a site to house online billing statements and other information related to bills for students at Rose-Hulman Institute of Technology. Transact Payments enables students and authorized users to receive electronic notification that new account activity is available for viewing. Transact Payments also enables students and authorized users to pay student account fees, including tuition, housing and food, health insurance, course fees and other miscellaneous charges, online. Through Transact Payments, students and authorized users will be able to view e-bills and make e-payments online.

Is there a fee for paying online?
If paying by e-check, utilizing ACH through your checking or savings account, there is no charge. Make sure that you follow the instructions very carefully and properly input your bank’ s routing number and account number. Returned electronic checks are treated the same as any dishonored item. The student account will be charged a fee if your check is returned.

If paying by credit card a convenience fee of 2.95% will be charged. International cards will incur a 4.25% convenience fee. The minimum service fee for card transactions over $20 and less than $106 will be $3.

If I pay online today, when does the payment show on my student account?
Online payments through Transact Payments are typically applied to your student account immediately. International Funds Transfer (IFT) payments will show as pending until Rose-Hulman Institute of Technology receives the funds from the payer’s bank. It may take several days for IFT transactions to complete and post as a payment on the student account.

I’m not comfortable paying online, can I still mail a check?
Yes! You can mail a check to the following address:
Rose-Hulman Institute of Technology
5500 Wabash Ave
Terre Haute, IN 47803

Will the online bill notification be sent only to the students’ email?
When a new bill is ready to view, students will receive an email notification to their Rose-Hulman Institute of Technology email account. Authorized users who have been set up by the student will also receive an email notification.

What is an authorized user?
Students have the option to designate another party, such as a parent, to view and pay student bills. This third party will receive his/her own log-on information by email once the student has authorized him/her to have access. The authorized user will be notified via email that the student’ s e-bill is available for viewing.

Can a student have more than one authorized payer?
Yes, a student can authorize more than one payer. Can authorized users view other authorized users information? No. Each authorized user only has access to their information along with access to the students account activity and e-bills.

Can multiple bank accounts be set-up for payment?
Yes. Students and authorized users can set-up and pay from multiple accounts.
Can I get a paper bill? All students will receive electronic bills. Paper bills can be obtained by accessing the account online, through Transact Payments, and printing the e-bill. The e-bill can be accessed and printed from any computer with internet and printer access. The e-bill can also be downloaded and e-mailed as a PDF attachment. If an authorized user would like to receive a paper copy of the bill, the student or user can print the bill at any time.

Contact Us

Stacy Crockett
Stacy Crockett
Student Financial Services Coordinator
Phone: +1 812-877-8232
Office: Moench Hall A118
Michelle Kirkpatrick
Michelle Kirkpatrick
Manager of Financial Services
Phone: 812-877-8972
Office: Moench Hall A117
Launch Root Quad
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