Graduate Catalog 2007-2008 Tuition and Fees :: Billing and Payment :: Refund Policy for Dropped Courses :: Returned Checks :: Withdrawal and Refund Policy :: Current Fee Schedule
Tuition and fees are subject to change at the discretion of the Stephens College Board of Trustees. Tuition rates are set and in effect from June to May each year. Students will be charged the tuition rate in effect upon the course start date. Tuition and fees do not include books and materials. Tuition will be billed each semester based upon the student's enrollment. All accounts are due and payable upon receipt of a statement, and students are personally accountable for maintaining active payment on any account balances with Stephens College. Students must pay their account balance in full or contact the Accounting Office to arrange a monthly payment plan. (See Payment Plan Agreement.) A 1% monthly finance charge (12% APR compounded monthly) is assessed on the unpaid balance. The College accepts personal checks and credit cards (VISA, Master Card, Discover or American Express). While Stephens College is willing to assist by providing documentation, employer reimbursement payments are an arrangement between the student and the employer. The student is responsible for payment of tuition when due. Stephens reserves the right to remove students from their courses due to an excessive account balance and/or no activity on their account. If an account is delinquent for more than three months, the student may be withdrawn from their program and the account may be turned over to collections. The student will be responsible for all collection charges. If a student is withdrawn from the program due to his or her tuition account being sent to a collection agency, the student will be required to meet new degree requirements upon re-admission. To be considered for re-admission the student's account balance must be paid in full, regardless of the amount of time the student was inactive. It is the Stephens College policy not to release transcripts or diplomas until all accounts are paid in full or satisfactory arrangements have been made with the Accounting Office. Students who are making regular monthly payments must apply in writing to the Stephens College Accounting Office if they should need to request a waiver of this policy. Non-Degree students must pay tuition in full upon course enrollment. Refund Policy for Dropped Courses Students may drop courses and receive a full tuition refund within the first week of all eight-week courses and within the first two weeks of 16-week semester courses. After these deadlines, no tuition will be refunded. For exact dates, students should refer to the current academic calendar for Graduate & Continuing Studies. Writing a check with insufficient funds is a violation of state law, and the violator is subject to prosecution. A check returned to Stephens College due to insufficient funds will result in a $10 charge plus the amount of the check. Stephens will refund all of the student's comprehensive fees if he or she cancels enrollment from the College. In the event that a student completely withdraws after the first day of classes, either voluntarily or at the request of the College prior to 60% of the completion of the semester, a pro-ration of comprehensive fees is calculated based on the number of days attended compared to the total number of days in the semester. Calendar days (including weekends) are used, but breaks of at least five days are excluded. Comprehensive fees are credited and financial aid is charged back to the student's account according to this calculation. Federally funded aid will be charged back in accordance with Federal regulations in the following order: Unsubsidized Federal Stafford loans, Subsidized Federal Stafford loans, Federal Perkins loans, Federal PLUS (Parent) loans, Federal Pell Grants. Official notification of withdrawal must be given to the Director of the Division of Graduate & Continuing Studies in all cases of voluntary withdrawal. Official notification is a verbal or written notice provided to the Director of the Division of Graduate & Continuing Studies. If no official notice is given, the documented last date of attendance will be used. After the 60% point in the semester, a student will be charged 100% of the comprehensive fees and will be deemed to have earned 100% of his or her financial aid. |
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