2011-2012 Undergraduate Academic Catalog

Page 283 2011–12 Undergraduate Catalog Introduction Admissions Academic Information Academic Departments Course Descriptions Financial Information Appendix Index Financial Registration Policy To enable the University to be responsible in meeting its financial responsibilities, students must make provision for the payment of their bill on the due dates established by the University each semester. A student’s registration for courses indicates a commitment to pay for related charges as stated in the University catalog. The following payment plan schedule was established to help students care for this responsibility: Fall 2011 Spring 2012 First Payment Due: August 4, 2011 January 4, 2012 Second Payment Due: September 1, 2011 February 1, 2012 Third Payment Due: October 1, 2011 March 1, 2012 Fourth Payment Due: November 1, 2011 April 1, 2012 A student is not considered financially registered until at least the first one-fourth payment has been received by the cashiers office. Students who do not make financial arrangements for the first payment due on their University bill will not be permitted to attend the University. Failure to make subsequent payments could result in the loss of dining hall and library privileges and the withholding of grades and online registration. 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 EZPAY system. For your protection, please do not mail cash. Please send payments made payable to: Attn: Cashiers Cedarville University 251 N. Main Street Cedarville, OH 45314 *Please remember to include your student ID# and student name on all checks. Payment by Internet, please visit: cedarville.edu/ezpay For more information on payment options, visit the cashiers office website at cedarville.edu/cashiers. Notification of the University Bill Students who pre-register will receive an invoice based on their pre-registration schedule 20 to 30 days before the semester begins. Students are responsible for making their payments by the due dates. A statement of the student account is generated each month that the account has activity. Invoices and student statements are sent to students at their campus post office box unless directed otherwise in writing. Students wishing to have their invoices and statements sent to their home address may obtain a form from the cashiers office. You may view your student account history at any time by using CedarInfo and selecting “View your student account.” Invoices and Statements Online Students may view their student account, current and previous invoices, and most recent transactions online using CedarInfo. Students may also assign their parents a password, giving them access to their student account and invoices. Parents can view this information by logging onto the campus homepage 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% (1.083% per month) will be charged during the academic year on accounts of current students. An annual interest rate of 15% (1.25% 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. 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 call 937-766-7665 for the maximum deposit amount and the current interest rate.