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Payment Plans 2010 - 2011

Students may elect to pay tuition through a deferred tuition payment plan. Although students are not required to pay the entire balance upon registration, they must recognize their financial obligation for all tuition and fees at the time of registration. Payment Plans are offered as a privilege to the individual student. Any failure to make payments promptly may cause denial of the Deferred Tuition Payment Plan in the future.

Fall, Winter and Spring Terms

Students registering for sessions 12 weeks in length and utilizing a Payment Plan, must pay one-third of tuition and fees according to their first due date. Subsequent payments will be due every thirty days.

Summer Term

Students registering for sessions 10 or 11 weeks in length and utilizing a Payment Plan, must pay one-third of tuition and fees according to their first due date. Subsequent payments will be due every thirty days.

Cohort and Special Programs

Students using payment plans in Cohort Programs may do so by paying the first payment at the start of their program. The remaining payments are due as stipulated in the financial worksheet.

International Students

International students also may use the deferred payment plan; however, if they have an international draft drawn on a bank outside of the continental United States in excess of their cost, the draft will be posted to their student account. Any excess funds they may have once their account is paid in full will be refunded less any bank service charges once their check has been paid by the bank. If the draft is drawn on a bank inside the continental United States in excess of their cost, their refund will be issued according to the University’s refund policy.

Financial Aid for Undergraduate and Graduate

Students who register using Financial Aid equal to or greater than their first payment may do so in lieu of paying their first installment. If the Financial Aid does not cover the entire cost; the student will be required to pay the remainder of tuition and fees. Payment Plans are available by contacting your financial counselor.

Finance Charge for Undergraduate and Graduate

Students who sign up for a Payment Plan will be charged $25 for traditional terms and $50 for cohort programs.

Late Payment Fee for Undergraduate and Graduate

Payments become past due 1 day after the payment due date and a late payment fee of $15 will be charged to your student account. A student may be administratively withdrawn from all classes if any amount becomes past due or delinquent.

A student is responsible for informing the University or its Assignee of any change of address. The Payment Plans are offered as a privilege to the individual student. Any failure to make payments promptly may cause denial of the use of Payment Plans in the future.

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