The Student Accounts Office is responsible for the collection of tuition and fees not covered by Financial Aid. Invoices are mailed to the student's home address at the beginning of each term, session or module. Students are responsible for making payment arrangements with the Student Accounts Office before the first day of class. Payment plans are available for students and can be arranged by speaking with a Student Accounts Manager.
Students with account balances are sent monthly statements to their homes. Students are able to register for upcoming terms, sessions or modules only when their balances are paid off or satisfactory payment arrangements have been made with the (NEED TO FILL IN-CUT OFF ON WEB)
A new payment plan form must be filled out prior to each session, term or module. Failure to make payment arrangements before the second week of the term, session or module will result in a $100 late fee.
Students who become delinquent on payments may be withdrawn from all courses during the academic period. In addition, students who owe a debt to the University will not be allowed to register for additional courses, participate in graduation, receive grades, transcripts, diplomas or checks of credit for book returns. Debts that become past due will be assessed a $100 fee. Debts that become 30 days past due are in default and remitted to a collection agency.
In the event of default in any amount due, and if the account is placed in the hands of an agency or attorney for collection or legal action, the student agrees to pay an additional charge equal to the cost of collection including agency and attorney fees and court costs.
If a student is expelled or suspended from Benedictine University at Springfield; the student is still held financially liable for all debt owed to the university
Credit balances that result from financial aid funds are processed after the student's attendance is confirmed, the financial aid funds are received and all institutional charges are satisfied. The Student Accounts Office will issue a check for the excess funds to the student. If the student receives a credit balance check and subsequently ceases class attendance, they will be subject to the Return of Title IV Funds Policy and must return and/or repay any unearned portions of financial aid that they received toward their educational expenses.
Students are financially responsible for all institutional charges and responsible for officially withdrawing by completing the appropriate forms and obtaining approvals. Failure to attend class DOES NOT constitute official withdrawal and neither removes the financial or academic responsibility nor qualifies students for refunds.
Official Withdrawal Procedure:
Students receiving financial aid are subject to the Title IV Return of Funds Policy and may owe the University for unearned portions of federal aid due to their withdrawal. Written notification of notification will be given to the Director of Financial Aid and the Registrar.
A 100% refund will be made to all students officially withdrawing completely before the first day of the term or instruction period. Fees, deposits and housing charges are not refundable. Refunds will not be made for dropped courses after that date, unless it is a complete withdrawal and the official withdrawal date falls within the refund period.
Benedictine University at Springfield is a non-profit corporation. The annual income from a student's fees covers only a portion of the cost of his or her education. Therefore, to meet its educational objective, and in fairness to all students, the College must insist on the following regulation: Payments or financial arrangements must be made prior to the first day of each term, session or module.
Tuition in the Adult Accelerated Programs may be refunded according to the following schedule:
Tuition in the Adult Accelerated Bachelor's Degree Cohort Programs will have no refund available after the first class meeting.
Students withdrawing from a Master's Degree Programs will have no refund available after the first class meeting.