1999-2000 Academic Catalog

Payment Plans Students may take advantage of one of two payment plans: 1. Payment in Full is the most popular payment plan. This plan involves paying the full amount due as indicated on the Student Invoice within the first two days of the academic term (quarter). Payment envelopes available on campus during registration enable students to send checks through intracampus mail and avoid standing in lines. 2. Three-Pay Plan makes it possible for students to pay their college bill in three payments spread over 60 days. An interest charge of 1.083% per month is made on the unpaid balance. First Payment: At least one-third of the amount the student is required to pay is due at financial registration. This is the amount of the student's bill remaining after federal loans, financial aid grants, and scholarships are deducted. When this payment is made, the student has completed financial registration. A late payment charge of $20 is assessed if the first payment is not made by the end ofthe financial registration period. Second Payment: The student is required to pay the second third within four weeks of financial registration. A late payment charge of $20 is assessed to all accounts that do not meet this criteria. An interest charge of 1.083% per month is made on the unpaid balance. Third (final) Payment: The remaining balance owed by the student is due within eight weeks of financial registration. A late payment charge of $20 is assessed on all student accounts with a balance remaining after this deadline. An interest charge of 1.083% per month is made on the unpaid balance. The use of the Three-Pay Plan constitutes a debt obligation of the student to the College and is payable in terms as stated. Each parent and each student must consider and understand the full cost and obligation of the commitment being made. Prepayment Incentive Credit Plan (PIC-Plan) enables students to earn interest on student accounts that have a credit balance of $500 or more. Interest earned is credited monthly. This plan operates automatically as soon as the student has a credit balance of $500 or more on the first day of a calendar month. Prepayments can be made anytime. All payments are credited immediately to the student's account. The College reserves the right to limit the amounts deposited under the PIC-Plan. Interest rates are established on a quarterly basis beginning January 1, April 1, July 1, and October 1. Please call 937- 766-7665 for the current rate. For more details please request a current PIC-Plan brochure from the Cashier's Office. Withdrawals from a Student Account (Credit Balance) Students may withdraw funds from their account if the account has a credit balance. Cash withdrawals totalling $50 maximum may be made on a weekly basis. No more than two cash withdrawals may be made in a week. No withdrawals are allowed during the week of financial registration. Withdrawals of amounts greater than $50 are issued by check upon request in person, by e-mail, or by telephone from the cashier's office. Check processing normally requires one or two full business days. 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 account and used to cover first quarter expenses. A student must submit 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. Requests for refunds received after the reservation deposit deadline are partially refundable ($150 of the $250 deposit) until the refund date. No refunds are available after the refund dates. Reservation deposit submission deadlines and refund dates are as follows: Term Fall Quarter Winter Quarter Spring Quarter Summer Session I Summer Session II Deadline May 1 November 1 February 15 May 15 July 15 Continuing Student Reservation Deposit Refund Refund date August 15 December 1 March 1 June 1 August 1 Full (100%) refunds will be made to continuing students who notify the College by July 1 of their cancellation. If a continuing student notifies the College between July 2 and August 15 of their intention not to return fall quarter, $100 of their deposit will be refunded. No refunds will be made after August 15. Withdrawal Refunds Tuition and Science Laboratory Fees Students withdrawing from the College before the end of a quarter may request a refund from the Cashier's Office. Refunds may be requested anytime after the beginning of a quarter. The effective date of the withdrawal from the College is the last day of class attendance as determined by the Academic Services Office. Processing ofrefunds will begin the third week of the quarter. Tuition and science laboratory fee refunds for withdrawal are granted on this schedule: Refund Fall 1999 Winter 2000 Spring 2000 100% thru Oci. 1 thru Jan. 14 thru Mar. 24 75 % thru Oct. 8 thru Jan. 21 thru Mar. 31 50% thru Oct. 15 thru Jan. 28 thru Apr. 7 25% thru Oct. 22 thru Feb. 4 thru Apr. 14 No Refund after Oct. 22 after Feb. 4 after Apr. 14 Course offerings changed or deleted by the College entitle a student to a full refund of tuition and related course fees. Students withdraw– ing from a course or courses will be granted a full tuition refund to apply toward courses added. If the new total hours are fewer than the original total, the above refund schedule will apply. Board Board charges will be refunded on a prorated weekly basis. Board weeks begin on Sunday and end on Saturday. Board refunds are computed based on the last day of residency. Full board contracts are required for all students living in the residence halls. There are no partial board contracts available. Room Rooms are reserved for each student for an entire quarter. No refund of room rent is made except in cases of severe illness or incapacity. Written confirmation of the illness or incapacity must be provided by the director of patterson clinic or a physician. Room rent will then be refunded on a prorated basis. Other Fees All other fees are not refundable except for withdrawal within the first calendar week of the quarter. Federal Refund Policy Programs included: 1. Federal Pell Grant 2. Federal SEOG Grant 3. Federal Perkins Loan 4. Federal Stafford Loans 5. Federal Parents PLUS Loan A portion of Title IV grant or loan funds, but not FWS funds, must be returned to the Title IV programs upon a Title IV recipient's withdrawal from the school.