Sponsored Students and Third Party Billing

Sponsored Students

Student Financial Services provides 3rd-party deferred billing services for sponsored students and will invoice your Sponsor directly for your tuition, mandatory fees and other expenses in accordance with the terms of your sponsor’s letter of financial guarantee.

In order for our office to invoice your Sponsor, you must send a current Letter of Financial Guarantee from your Sponsor each semester which details tuition, mandatory fees and any other charges your Sponsor has agreed to pay on your behalf.

After we receive your Financial Guarantee, we will bill your sponsor after the last add/drop date. This is to ensure we receive payment before the final payment deadline. If you drop or add classes by exception, you must notify us so that we can re-invoice your sponsor.

SACM does NOT cover online classes unless you get pre-approval through SACM.  You will need to send our office a copy of your Online Course Financial Guarantee or you will be responsible for the online class by the due date.

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Third Party Billing

In order for our office to bill third party payers, we must receive an authorization letter from the third party before the start of classes.

The authorization letter must include:

• name of student
• beginning and end date of sponsorship
• types of fees/charges covered
• third party’s billing address or email address

Sponsors for Third Party Billing must be willing to pay regardless of grades.

We also expect payment within 30 days of our invoicing.  If your sponsor fails to pay the agreed amount within 60 days of the billing date, you will be responsible for payment.

Please send third party authorization letters by email to sfs@uwyo.edu or by mail to Student Financial Services, Dept. 3923, 1000 E. University Ave. Laramie, WY 82071.

Examples of Third Party Payment Sponsors:  Some State Prepaid Tuition Plans, State of Wyoming, High Schools, and Employers.