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 Disclosure Statement. The form is available online at https://www.presentation.edu/tuition-aid/student-accounts/payment-forms and must be submitted prior to beginning classes. Failure to complete this form will result in a HOLD being placed on the student’s account and will prevent future registration or release of transcripts. The Disclosure Statement contains the official explanation of the College's payment policies.

Balances for this term...	...are due on this date:
Fall 2020	August 15, 2020
Spring 2021	January 15, 2021
Summer 2021	May 15, 2021

Students are expected to pay any balance due to the College prior to the 15^th of the month of the first day of term. If students add courses after the term balance due date, the resulting charges will be due on the following 15th. 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. Students are encouraged to complete a form (available at https://www.presentation.edu/tuition-aid/student-accounts, under “Helpful Forms”) 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 on record.

Payment Plans

Presentation College offers the benefit of a monthly payment plan. Payment amounts will vary based on the student's balance due calculated as described in the payment plan. The form is available online at https://www.presentation.edu/tuition-aid/student-accounts/student-payment-plan-agreement and must be submitted prior to the first payment due date.

Late Fees

A late payment fee of $25 per month may be assessed on unpaid accounts, including accounts not settled by the 15th of the month of the first day of term, unpaid accounts as of the 15th of each month, and delinquent payments on monthly payment plans.

Unpaid Accounts and Business Holds

[See Addendum: Unpaid Accounts and Business Holds, clarifying classroom policies, 2020.10.30]

Students with unpaid balances 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.

Students who fail to pay any balance due at the specified time may be administratively withdrawn from the College. Delinquent accounts may be transferred to a collection agency; fees for this service will be added to students' accounts.

Students with unpaid balances who have not made payment arrangements with the College may have their Moodle access suspended. A suspension will remain on the student's account until the balance is paid in full or a payment plan has been agreed upon. If payment in full or a payment plan are not completed within five days of the suspension, the student may be administratively withdrawn from courses.

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

[Superseded: see Addendum: Institutional Refund Policy - WIthdrawal, 2020.10.30]

[original charge-eligibility rules superseded by Addendum: Institutional Refund Policy - WIthdrawal - Proration, 2021.03.01]

Proration Dates

 

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.

The FAO 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 Catalog.

If an amount owed is still owed after the proration 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.

Deposits

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

Active Duty Policy

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