2016-17 Undergraduate Academic Catalog

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Making Payment
Students and parents may pay their University bill using several
payment methods, including check, cash (in person), debit/credit
card with a convenience fee, or online through our student finance
E-commerce portal. For your protection, please do not mail cash.
Please send payments made payable to:
Attn: Cashiers Office
Cedarville University
251 N. Main Street
Cedarville, OH 45314
*Please remember to include your student ID# and student name on all checks.
For online payments, please visit the student finance SelfService
portal.
For more information on payment options, visit the Cashiers
Office website at
Notification of the University Bill
Students who preregister will receive a billing notice based on
their preregistration schedule 20 to 30 days before the semester
begins. Students are responsible for making their payments by
the due dates. Monthly notices are sent via email to the student’s
Cedarville University email. The student can request the invoice/
statement be sent to additional email accounts. Paper invoices/
statements can also be requested for a $3/month fee. You may
view your student account history at any time by going to the
student SelfService portal and selecting “View your statement.”
Invoices and Statements Online
Students may view their student account activity, and most
recent transactions online using SelfService. Students may
also assign their parents a password, giving them access to
their student account activity. Parents can view this information
by logging onto SelfService through their own Internet service
provider.
Payment Penalties
Students who fail to make acceptable payment arrangements
within a reasonable period of time will be denied access to
the dining hall and library until such arrangements are made.
Students who do not make payments by the stated due dates will
be charged $25. Students with unpaid balances at the end of the
semester may be denied grade reports, transcripts, diploma, or
enrollment in the next semester. Students with past due accounts
will also be responsible for any fees incurred in the collection of
their past due account.
Interest Rates
An annual interest rate of 13 percent (1.083 percent per month)
will be charged during the academic year on accounts of current
students. An annual interest rate of 15 percent (1.25 percent per
month) will be charged during the academic year on accounts of
students no longer enrolled and on all student accounts during the
summer months. (May–July)
Prepayment Incentive Credit Plan (PIC-Plan)
This plan enables a student to earn interest on a student
account that has a credit balance of $500 or more on the first day
of the calendar month. The PIC-Plan account and the student
account are one and the same. PIC-Plan interest is taxable and
anyone earning $10 or more in interest will receive a 1099-INT
form. Please go to for the maximum
deposit amount and the current interest rate.
Withdrawals From a Student Account
Students may withdraw cash from their student account
during the semester, provided they have a credit balance. Cash
withdrawals may not exceed $100 per week. No more than two
cash withdrawals may be made per week. Withdrawals of amounts
greater than $100 are issued by EFT deposit; requests can be
made by using CedarInfo by selecting “Request a payment from
your student account” under Financial Transactions. Refunds
are issued within three to four business days of the request.
New Student Reservation Deposit Refund
A reservation deposit must be submitted by new students as
an indication of the intention to enroll. The amount of the deposit
is $250. This money will be credited to the student’s deposit
account. A student must have a reservation deposit in order to be
registered for courses.
The reservation deposit is fully refundable if the request for
refund is received in writing before the reservation deposit
deadline. No refunds are available after the deposit deadline date.
Reservation deposit deadlines are as follows:
Term Deadline
Fall Semester May 1
Spring Semester Nov. 1
Summer Session May 1
Continuing Student Reservation Deposit Refund
Full (100 percent) refunds will be made to continuing students
who notify the University by June 1 of their intent to withdraw. If a
continuing student notifies the University between June 2 and July
1 of their intention not to return fall semester, $150 of their deposit
will be refunded. No refunds will be made after July 1.
2016–17 Undergraduate Academic Catalog Page 285
Financial Information Financial Information