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
BenedictineUniversityatSpringfieldis 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 University must insist on the following regulation: Payments or financial arrangements must be made prior to the first day of each term, session or module.
Upon registration, students are considered financially responsible for all tuition and fees. A Summarized Student Statement is generated the 15th of each month. This statement reflects only that activity which has taken place on the student account in the last billing cycle.
Tuition and fees are available online.
Students taking Independent Study courses will be billed above and beyond any package tuition rate. The rate per hour will depend on the classification of the course.
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Students who become delinquent on payments may be withdrawn from all courses during the academic period.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, 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 the University; 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 expense.
Students are considered financially responsible for all institutional charges. It is also the responsibility of students to officially withdraw by completing the appropriate form, with approvals, and returning the completed form to the Registrar’s Office, located in Dawson Hall. Failure to attend class DOES NOT constitute official withdrawal and DOES NOT neither remove financial or academic responsibility nor qualifies students for refunds. Students must follow the official withdrawal procedure to be eligible for a tuition refund. The official withdrawal procedure states that students must notify their Advisor or the Director of Advising and the Registration Office of their plans to withdraw either in writing or in person. In both cases; the student must complete, sign and turn in a Change of Study Form to the Registrar’s Office. The Change of Study Forms can be located in the Director of Advising Office, Registrar’s Office, and the Student Accounts Office.
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. Therefore, written notification of withdrawal must be given to the Director of Financial Aid and the Registrar.
Note: The University reserves the right to change its tuition rate and fees without further notice. In addition, policies and procedures may change at any time.
Tuition in the Adult Accelerated Bachelors Degree Cohort Programs will have no refund available after the first class meeting.
Students withdrawing from a Masters Degree Programs will have no refund available after the first class meeting.