2015-16 Graduate and Adult Academic Catalog

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Page 12 2015–16 Graduate and Adult Programs Academic Catalog
Graduate Programs Financial Information
Financial Information
University Financial Operating Policy
Tuition and fees are kept as low as possible to be consistent
with responsible operation of the University. The revenue from
students does not cover the total cost of operation.
The University is partially supported by individuals and
churches who desire to share in the preparation of students for
effective Christian service in all walks of life. Some funds are
received from interested businesses, industries, and foundations.
Student costs are subject to change upon reasonable
notification by the University. See the Academic Programs section
of this catalog for costs associated with specific programs.
Financial Registration Policy
To enable the University to be responsible in meeting its
financial obligations, students must make provision for the
payment of their bill at the beginning of each term. A student’s
registration for classes indicates a commitment to pay for related
charges as stated in this catalog (see Payment Penalties).
Students must be financially registered prior to the start of
classes each term. To be financially registered, a student must
first do one of the following:
• Pay his or her bill in full by the stated due date on the invoice,
make at least the first payment plan due date
• Make arrangements with the Cashiers Office for payment
(cedarville.edu/cashiers)
Students who do not make financial arrangements for the
payment of their bill may not be permitted to attend classes and
may be asked to withdraw from the University (see
.
The following payment plan schedule was established to help
graduate students with course schedules that encompass more
than 10 weeks of instruction.
Fall 2015 Spring 2016
First Payment Due: August 4, 2015 January 4, 2016
Second Payment Due: September 1, 2015 February 1, 2016
Third Payment Due: October 1, 2015 March 1, 2016
Fourth Payment Due: November 1, 2015 April 1, 2016
Making Payment
Payment can be made by check, cash (in person at the
Cashiers Office) online through our EZPAY system at cedarville.
edu/ezpay or on a major credit/debit card (Mastercard, Visa, and
Discover) with a convenience fee. For your protection, please do
not mail cash. For more information, contact the Cashiers Office at
937-766-7830.
Please send payments made payable to:
Attn: Cashiers
Cedarville University
251 N. Main St.
Cedarville, OH 45314
*Please remember to include your student ID number and
student name on all checks.
Invoices and Statements Online
Students may view their student account, current invoice, and
most recent transactions online using CedarInfo at cedarville.
edu/cedarinfo.
Payment Penalties
Students not making financial arrangements by the first due
date of the term will be charged a $25 late payment fee.
Students with unpaid balances at the end of a semester may be
denied enrollment in the next semester or denied grade reports,
transcripts, and/or a diploma. Students will be responsible for any
fees incurred in the collection of past due accounts.
Interest Rates
An annual interest rate (currently 13 percent or 1.083 percent
per month) will be charged from the beginning of the term in which
the student first enrolled on any unpaid balance due.
Financial Aid
General financial aid information is available from Cedarville
University Financial Aid. Financial Aid serves as a resource center
to assist students in exploring alternative sources of educational
funding. All questions may be directed to Financial Aid at 937-766-
7866 or 1-800-444-2433. Visit the Graduate Admissions website
at cedarville.edu/gradaid for specific information on loans and
scholarships for graduate students or the FAFSA website at fafsa.
ed.gov for general financial aid information.
Student Rights
• You have the right to know what financial aid programs are
available at your college.
• You have the right to know the deadlines for submitting
applications for each of the financial aid programs available.
• You have the right to know how financial aid will be
distributed, how decisions on that distribution are made, and
the basis for these decisions.
• You have the right to know how your financial need was
determined. This includes how costs for tuition and fees,
room and board, travel, books and supplies, personal and
miscellaneous expenses, etc., are considered in your budget.
• You have the right to know what resources (such as other
financial aid, scholarships, your assets, etc.) were considered
in the calculation of your need.
• You have the right to know how much of your financial need
as determined by the institution has been met.
• You have the right to request an explanation of the various
programs in your student aid package.
• You have the right to know your college’s refund policy.
Student Responsibilities
• You must complete all application forms accurately and
submit them on time to the right place.
• You must provide correct information. In most instances,
misreporting information on financial aid application forms is
a violation of law and may be considered a criminal offense
which could result in indictment under the U.S. Criminal Code.
• You must return all additional documentation, verification,
corrections, and/or new information requested by either
Financial Aid or the agency to which you submitted your
application.
• You are responsible for reading and understanding all forms
that you are asked to sign and for keeping copies of them.
• You must accept responsibility for all agreements that you
sign.
• You must perform the work upon which you agreed in
accepting a University employment award.
• You must be aware of and comply with the deadlines for
application or reapplication for aid.
• You should be aware of your college’s refund procedures.