Admitted: Deposit and Billing | Minneapolis College of Art and Design

Admitted: Deposit and Billing

To confirm your enrollment with the college you must first complete the tuition deposit process. This deposit is credited to your first-semester bill upon enrollment. Admitted students are emailed information to activate your MCAD login and access the myMCAD site to complete the process.

Semester You Are Starting at MCAD Deposits Due Payments Due
Fall Semester
(August)
May 1 August 1
Spring Semester (January) November 1, prior year First Friday in January
Summer Semester* (June) April 1 May 20

See all admissions dates and deadlines

*Only applicable to students pursuing an MA in Creative Leadership; no other degree programs offer a summer start.

Pay Your $300 Tuition Deposit

Confirms your enrollment and is credited to your first-semester bill

You will need:

  • Your MCAD username—Emailed to admitted students
  • Your MCAD Student ID—Emailed to admitted students
  • Your MCAD login password—Created during the MCAD login activation process
  1. Log in to your myMCAD Student Dashboard and click “Launch MAXPay”
  2. Select, 'Payments & Deposits" from the Main Menu
  3. Click, "Select" next to the Tuition Deposit item description
  4. Choose your method of payment and complete the payment process
  5. You will receive a confirmation email/ receipt once your payment has been processed. Receipt information is stored under "MAXPay & eRefund Transaction History", on the MAX Main Page.

MCAD has partnered with Allianz Global Assistance to offer GradGuard Tuition Protection coverage to students and families. Learn More.

Please follow the steps above to pay the housing deposit to secure your campus housing. Be sure to complete your housing application, too!

MCAD has a Two-Year Undergraduate Residency Requirement and all full-time undergraduate BFA and BS first-year and sophomore students are required to live on campus in MCAD Student Housing. Exemptions to the required undergraduate residency policy may be requested and will be reviewed by the committee. All MCAD Students who wish to live on campus should pay the housing deposit and complete the housing application by the deadlines. 

For new students to access the Housing Application form in myMCAD, you are required to first submit the $300 tuition deposit and the $350 housing commitment deposit. It may take up to two business days for this process to complete and for the Housing Application to be available to you in myMCAD. 

International Student Tuition and Deposit Payment

MCAD has partnered with Transact Campus Inc. and Flywire to provide our international students with the option to submit electronic fund transfers seamlessly and affordably, directly through MAXPay.

When students login to MAXPay to submit a tuition or housing deposit or pay their semester tuition and fees, they will see the option to pay by International Payment. After selecting this option, they will select the country they wish to pay from. If the country is supported, Transact International Payments will automatically display the supported currency and the current exchange rate. The option to navigate to Flywire's external website will also be available so students can submit payments from countries not supported by Transact or to compare rates. For questions about using Flywire's international payment option, visit their Help Page.

Additionally, MCAD also offers International students the option to submit electronic fund transfers using PayMyTuition, a competitively priced third party service. To learn how to make a payment using PayMyTuition, visit their Help Page or watch this short video.

Authorize New Users to View and Pay Your Bill

You may invite other users (e.g. guardian, spouse, etc.) to view and pay your bill.

  1. Log in to your myMCAD Student Dashboard where you will be directed to the "FERPA Form" page
  2. At the bottom of the page, click the gray box titled "Click Here to Grant Access"
  3. Enter all requested information on both pages, including complete contact information for the parent or third party seeking authorization. Be sure to carefully select the information you wish to grant users access to.
  4. Parents/third parties will receive an electronic notification from the records office, delivered to the email address you provide, with detailed instructions for activating their MAX account
  5. Find more information about the Family Educational Right to Privacy Act of 1974 at Student FERPA Instructions/Parent FERPA Information

View Your Semester Bill and Payment Options

To access and pay your semester bill, you must first activate your MCAD login. Students will be emailed important instructions regarding online access to their semester bill and payment options after course registration. Semester bills will include all applicable charges including tuition, fees, and housing. 

Parents

Once your student has completed the online FERPA Form, you will receive activation instructions from the MCAD Records Office, mailed to the email address provided by your student. 

Once parents have activated their own account, they will select their student(s) from the myMCAD Parent Dashboard, click on your student's name, and use the 'Launch MAX' link to view and pay tuition, pay a deposit, or activate/access a payment plan.

Parent account activation may take up to 24 hours to process, depending on when they are submitted. For faster processing, students are encouraged to complete activation requests during normal business hours, Monday through Thursday and before noon on Friday.

Students

Once you have activated your MCAD user profile, you may log in to your myMCAD Student Dashboard and click “Launch MAXPay” to access your student financial information 24/7. Student account balance information, payment options, eRefund enrollment, and payment plan information may be accessed from the main page of your MAXPay account.

To authorize parent access, login to your myMCAD student dashboard and complete a FERPA Form for individual parents, and/or third party payers.

Set Up A Payment Plan (Optional)

In order to help students and families budget their semester related expenses, MCAD offers a 5-month installment plan, known as the MAXPlan, each semester. The cost to enroll is $30 per semester. However, the college does not charge interest or finance charges in addition to the enrollment fee.

After all eligible financial aid has been applied to your semester's bill, the monthly installment plan will automatically calculate your monthly installment amount based on 5-equal payments, the first of which is due at the time of enrollment, on or before each semester's published semester bill deadline.

Participation is voluntary and there is no penalty for early payment of your monthly installment agreement. Late fees are generated 10-days after the monthly installment due date and must be paid directly to the payment plan administrator (Transact Campus Solutions).

We accept all forms of credit or debit cards (transaction fees apply) or electronic bank payments directly from your checking or savings account (no fee for electronic checks using your bank's routing and account number). Participation may be suspended or restricted by the college for any reason at any time.

For questions or to learn more about the MAXPlan, email student_accounts@mcad.edu.

Create an Art Cellar (Bookstore) Account

For your convenience, MCAD offers students and families the convenience of depositing funds into an Art Cellar account which may be accessed and replenished from your MAXPay account throughout the fall and spring semesters. Fall credit balances will automatically carry over to the spring semester and are refunded at the end of each academic year.

To add funds to your bookstore account, simply login to MAXPay and select "Make a Payment" from the left hand navigation menu. Enter the amount you would like to prepay and click, "Add to Payment" to complete your transaction.

Students receiving a financial aid overpayment may transfer up to $300 of their credit balance towards their bookstore account each week prior to the disbursement for financial aid. Please email student_accounts@mcad.edu to request a financial aid overage transfer to your Art Cellar account.

Financial Disclosure Agreement

All MCAD students pursuing a degree must validate their enrollment by completing the online Financial Disclosure Agreement form. This electronic form is a required document that must be completed before enrolling at MCAD for the first time in a degree program. The form will be available one business day after the tuition deposit is paid by logging in to my.MCAD.edu.