Tuition and Fees

Student Billing Statement, Balance Due and Refund of Credit Balance

Once a student has registered at Presentation College, the student’s billing information can be viewed online through the Student Portal. The billing statement on the Student Portal will detail what costs will be incurred for that semester, along with any payments made and pending financial aid that will be applied to the balance. Any changes to students’ schedules may generate a change in billing and financial aid. It is the students’ responsibility to check their ledger periodically throughout the semester.

All students are required to sign a Payment Agreement and Initial Disclosure form each year. The form is available online at www.presentation.edu/tuition-aid/tuition-fees/ and must be submitted once per year. Failure to complete this form will result in a HOLD being place on your student account and will prevent future registration or release of transcripts. The Payment Agreement and Initial disclosure document contains the official explanation of the College’s payment policies.

Students are expected to pay any balance due to the College prior to the first day of each term. The balance due is calculated based on the term charges less payments made to date and less the pending financial aid shown on the statement.

Financial aid will be posted to students’ accounts within three (3) days of receipt of the funds from the U.S. Department of Education. If a student’s payments, including financial aid, exceed the charges shown on the statement, the student will have a credit balance and will be issued a refund within 14 days of the date financial aid funds are received by the College. Refer to the website for the dates refund checks will be processed each semester. Students are encouraged to complete a form for automatic deposit of their refund checks in order to receive the refund as quickly as possible. Refunds not made by automatic deposit will be mailed to the student’s billing address of record.

Payment Plans

Presentation College offers the benefit of a monthly payment plan. Four monthly payments may be made each semester under this plan. Payment amounts will vary based on the student’s balance due.

Students interested in using a payment plan should contact the Business Office for additional information or refer to the website.

Late Fees

A late payment fee of $50 per month may be assessed on unpaid accounts, including accounts not settled by the first day of class, unpaid accounts as of the first of each month, and delinquent payments on monthly payment plans.

Unpaid Accounts and Business Holds

Students with unpaid balances who have not made payment arrangements with the College will have a HOLD placed on their account. A HOLD means the College will not issue degrees, transcripts, employment placement credentials, financial aid, final grade reports, or statements of honorable dismissal. Students are also not permitted to register for subsequent terms once a HOLD has been placed on an account.

If students fail to pay any balance due at the specified time, they may be administratively withdrawn from the College. Delinquent accounts may be transferred to a collection agency and fees for this service will be added to students’ accounts.

Institutional Refund Policy - Withdrawal

Withdrawing from a course (within the publicized add/drop refund period)

Students who wish to withdraw from a registered course and receive a tuition/fees adjustment must initiate the necessary process with their academic advisor. In some cases, financial aid that has been awarded or disbursed to the student may require adjustment.

Withdrawing from a course (after the publicized deadline for a refund)

Students who wish to withdraw from a scheduled course after the publicized add/drop period must complete the necessary process with their academic advisor. In some cases, financial aid that has been awarded or disbursed to the student may require adjustment.

Withdrawal from College

Students who wish to withdraw from the College must contact their academic advisor or the Registrar’s Office.

When students officially withdraw from the College or stop attending all of their classes during the early weeks of the semester, they may be eligible to be assessed only a percentage of costs assessed for the semester; they may also be eligible to retain a percentage of their federal, state and institutional financial aid to assist them with the payment of their costs due to the College.

Students should officially withdraw by using the appropriate forms and completing the withdrawal process. When students complete the official withdrawal process their last day of engagement (LDE) is deemed to be the date that they initiated the withdrawal process. The LDE is used to determine the percentage of tuition and other account charges the College will assess as well as the amount of financial aid the student is eligible to retain. Students who wish to withdraw from the College should contact their advisor or the Registrar’s Office and complete the official withdrawal process.

When it is not possible for students to complete the official withdrawal process or they stop attending their classes without providing notice, the College will determine their LDE once the College becomes aware that a student is no longer attending classes.

For students withdrawing during summer 2017 sessions, the fall 2017 semester and spring 2018 semester, the College performs a prorated calculation of tuition and some fees. Book expenses may or may not be pro-rated, depending on the source of funds used to purchase the books.

*All institutional aid will be awarded according to the Cost Eligible For Proration dates listed below.

Deposits

The College will retain any deposits that have been paid to the student’s account to satisfy the amount due. Deposits are only refunded if the student’s account reflects a credit balance.

COST ELIGIBLE FOR PRORATION will be recalculated based on the following schedule, as of 5 pm each day:

Students who had added non-mandatory meal plan dollars to their account will receive a refund of the balance on their account. This applies only to non-mandatory meal plan dollars.

For students who fail to complete the official withdrawal process, Presentation College will determine the date of withdrawal once the College becomes aware that a student is no longer attending classes. If an amount owed is generated as a result of the calculation, the payment must be received or repayment arrangements must be made within 30 days of notification of the withdrawal date or the student’s account will be considered delinquent.

The financial aid office performs a calculation of return of Title IV funds that is separate from the College refund calculation. That policy is in the financial aid office section of the college catalogue.

Active Duty Policy

Refer to the institutional policy on students called to Active Duty under Academic Policies, Active Duty.