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Bursar

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Office of the Bursar

The Office of the Bursar is where students pay tuition and fees. The University's Financial Aid Department helps students secure loans, scholarships, and State and Federal aid. 

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Here's how the staff of the Bursar’s office can assist you:

  • Billing Information

  • Refunds

  • Student Payment Plans

  • Set up employer payments, outside scholarships, and Veteran Administration funding

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Contact the Bursar's office for assistance or information regarding your payments and fees:

Phone:  317 543 3238

E-mail:  bursar@martin.edu

Manage Your MU Account by logging on to your student portal:

  • View your student ledger

  • View all account activity

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Review your information in this section to better understand your financial obligations and how the Bursar can assist you.

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Fee Schedule (2023 - 2024)

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Disbursement Memo - Spring-A 2024

Payments

Payments

Martin University Accepts:

  • Personal checks, issued in U.S. dollars; drawn on and payable through a U.S. bank

  • Major credit or debit cards*

  • Cashier's Checks

  • Money Orders

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By Mail:

  1. Make your check payable to: Martin University. 

  2. Write your 9-digit student identification number on the front of the check

  3. Mail your check to: 
    Martin University
    Attention:  Bursar's Office
    2186 North Sherman Drive
    Indianapolis, IN 46218

Credit Card Payments:

Payments may be made in person or by phone.

 

Note: If you expect your balance to be paid through financial aid award(s), scholarships, waivers, stipends, or other awards, do not make a credit/debit card payment for this balance. Any resulting credit balance after financial aid is posted to your account will be refunded to student. Students who are eligible for refunds will be notified through the Student Portal e-mail.

Tax Forms

Access To Tax Forms

Students will receive their 1098-T tax form by mail to the address on file. It is the student's responsibility to update their address with the Registrar's office. Students may come to the Bursar's office to obtain a change of address form.

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Tax years 2017 through the current tax year are available in the Bursar's office.

CORRECTIONS

To correct a social security number, students must submit a 
W-9S form to the Registrar’s Office. 

General Information

General Information

Your financial aid disburses to your account after the semester has started. You must attend all registered classes. Financial aid is disbursed directly to your Martin student account to pay all charges on the account first. Any excess financial aid will be refunded if there is a credit balance on your account.

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Questions about your financial aid refund?

Disbursement vs. Refund

  • Disbursement occurs when your lender sends the loan funds to Martin University.

  • Excess financial aid (refund) occurs if your total financial aid disbursement exceeds the charges on your student account.

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Do I have excess financial aid? 

Check your student account by visiting the Student Portal.  If there is a credit balance on your account and you have not dropped or withdrawn from any of your courses, you may be eligible to receive the credit balance (refund). If you have dropped or withdrawn from some courses, there may be a required adjustment in your financial aid.

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Timeline

It can take up to 14 days to process a credit balance (refund) after your financial aid is disbursed to your account. Martin is required to perform an audit of each student account prior to sending excess financial aid.

What if my loan has not posted?

​There may be unresolved financial aid issues with your account.  Contact the Financial Aid Department for concerns with loan disbursements.

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What kind of notifications will I receive regarding my student loans?

  • A Notice of Loan Certificate is sent out by Martin once we receive confirmation that the loan has been certified by the lender and guaranty agency. This notice will include disbursement dates and information regarding your total indebtedness.

  • A Loan Disclosure Statement is sent to you by the lender and has details about fees and interest.

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Borrowing Smart

Martin University awards you the maximum base level loans for which you are eligible. We encourage you, however, to borrow only what is absolutely necessary for covering your costs of attendance. You can always decline or reduce loans prior to disbursement and within 30 days after disbursement. 

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