1985-1986 Academic Catalog

""'"'""'"'"''.... Bill either prior to or during financial registra- tion. Prompt payment admits the student to classes? the cafeteria, and permits the use of the library. A student register– ing after the close of financial registration will receive a $10 late registration charge. . 2. Three-Pay Plan makes it possible for the stude~t to pay his/ her college bill in three payments spread over sixty days. A service charge of l '12% per month is made on the unpaid bal– ance. First At least one-third of the amount the student is recmured to pay is due at financial registration .. This. is t~e amount of the student's bill remaining after fmancial aid grants and scholarships are deducted. When this payment is made, the student has completed financial registration. . Second At least one-half of the student's remam– ing balance due within four weeks following financial regis– tration. Third Payment: The remaining balance owed by the student due within eight weeks following financial registra– tion. A late payment charge of $10 will be assessed on 3:11 students with a balance remaining on their acounts after this deadline. student's registration for classes is his/her obligation and commitment to pay for related charges as stated in the college catalog. The use of the Plan constitutes a debt ob– ligation of the student to the college and is payable in terms as stated. Each parent and each student must consid~r and un~er­ stand the full cost and obligation of the commitment bemg made. The testimony of Cedarville College is dependent upon the power and grace of our Lord Jesus Christ and upon a11 those committed to the college. This includes financial obligations as well as spiritual commitments. No student will be allowed to begin the next quarter, receive grade reports or or graduate with an unpaid bal– ance at the college. A service charge of I 1/2% monthly will be assessed on all balances due. 3. makes it possible for ..a,_,,... ....,,.L.., to prepay their college costs and earn a prepayment credit on their accounts. This is optional for any accepted or currently enrolled student. Prepayments can be made monthly, quarterly, or annually. All prepayments are immediately credited to the student's account. At the end of each the credit balance in a student's account in excess of which has been on deposit for 30 days, will earn a credit. The current annual rate is 8%; the current credit allowed is .677%. These earnings will be credited to the account and compounded monthly. This rate is to change each year. Students may make from a credit balance on their account. Bookstore can be charged against a credit balance. will be refunded upon re- quest. The statement will show the amount of prepayment credit earned and the total amount of prepayment to date. Veterans . m "r''li11li1iH1iR 11;enencs Assistance Cedarville College is "'""'~'"'"'"""r1 under Title 38, Chapters 31, 32, 34, and 35, U.S. Code education of veterans and their de- pendents. Students under Chapters 32, 34 and 35 are required to pay the school for all charges. The Veterans Administration in tum pays them a monthly allowance based upon their training load. Vet- erans under Chapter 31 are a monthly allowance and the Vet- erans Administration pays school for tuition fees, books, and supplies. Inquiries concerning eligibility should be directed to the Con– tact Office of a Veterans Administration Regional Office. Stu– dents planning to study under one of the education laws should re-