Educational Expenses

	Tuition and Related Fees
	Bill and Payment
	Refund Policy

Bill and Payment

Comprehensive tuition, technology fee, residential housing, campus meal plan, and student activity fee are billed on a semester basis. Any outstanding balance which remains on a students' account after deduction of financial aid, grants, scholarships, and loans should be paid in accordance with billing instructions. Payment is due two to three weeks before the start of classes; a specific due date is publicized on billing statements. To avoid delays in registration, course selection, and room assignment as well as the addition of finance charges associated with late payment, we suggest that you determine as promptly as possible, but before the payment due date, how you plan to meet these expenses. Should there be extenuating circumstances with respect to payment, please contact or visit the Controller's office to discuss the particular situation. Following registration, a monthly statement will be sent to each student's home address, generally during the second week of the month. This statement will show any outstanding account balance as well as charges incurred for that month due upon receipt.

Albright College recognizes that students and their families may prefer to consider alternatives to the traditional method of paying educational costs in full at the beginning of each semester. To assist students and their families, Albright College has made available a number of programs which offer a variety of payment option plans that provide a sound, reliable, and economic method of meeting educational expenses. Information regarding these programs are mailed to all students in advance of each academic year. Should you wish additional copies of this information, please call or write to the Controller's office.

Following registration, students also may apply for credit privileges enabling them to charge purchases made in the Bookstore, food services provided by the Snackbar and Jake's Place, and long-distance telephone charges. These charges, billed monthly, are payable upon presentation of the monthly billing statement. Details of these monthly charges are sent to the student via campus mail. Payment may be made at the cashier's window during regular posted hours or by mail. Maintaining one?s account in good standing is a prerequisite of responsible citizenship. Outstanding balances are subject to finance charges as well as discontinuance of these credit privileges. Reinstitution of auxiliary credit privileges is subject to a $25 surcharge. Students are urged to use these privileges appropriately.

Questions relating to any charge appearing on a monthly billing statement should be brought to the attention of the Controller's office within five days of receipt of the billing statement. Parents and students are urged to consult with the Controller's office in advance of payment due dates in order to settle accounts in a timely fashion and to avoid finance charges.

The full payment of each semester's bill is a prerequisite for official enrollment for the term, for registration in a new semester, for retention of on-campus housing, for receipt of credit for course work, for participation in commencement exercises, and for issuance of grade reports and transcripts.

Refund Policy

The Controller's office will process a request for refund of institutional charges upon official notification from the Registrar, Housing, and Food Service offices. The refund is subject to assessment of an administrative fee of $600 and a $20 record fee according to the following schedule:

First week of semester 95% Second week of semester 90% Third week of semester 75% Fourth week of semester 50% Fifth week of semester 25% Sixth week of semester No refund

All new students pay a $200 enrollment deposit upon registration. This deposit is credited to the student's account as a breakage deposit refunded if the student has settles all outstanding charges against his/her account by the time of graduation or withdrawal or has completed at least one semester.

The Controller's office will not issue any refunds without written documentation. Oral communication or failure to report to class are not considered formal notification of withdrawal, and therefore, in these instances, no refund will be given.

Financial Aid refunds in the case of students receiving Title IV financial aid will be pro-rated according to federal regulations. A copy of the schedule is available for review in the Controller's and Financial Aid offices. Reimbursement of Title IV funds to the appropriate funding source will be divided equally among all Title IV programs from which the student has received funding according to federal requirements.

Students withdrawing due to extenuating medical circumstances should apply for special consideration of comprehensive tuition charges for the semester in which they return. This determination shall be made by the Controller's office in consultation with the appropriate College officials (who will certify the medical circumstances).