Upon commitment to the University, each student is required to send in a deposit.
- Resident students: $700
- Commuter students: $300
The first $300 of the commitment deposit is split to cover the following:
- $100 for the administrative cost of acceptance and matriculation into the University.
- $200 for the First Year Experience program, inclusive of summer orientation.
The additional $400 paid by prospective resident students represents a housing reservation and damage deposit, which is held in a separate account and credited back to the student account after the spring semester of the sophomore year.
Student Enrollment Reservation Deposit
Each spring, the University requires all returning full-time undergraduate students to pay a $500 reservation deposit to secure a place in the upcoming fall semester class. A student enrollment reservation agreement is mailed in March of each year to all students who are presently enrolled on a full-time basis. This agreement must be signed by both the student and the parent and returned to the University with a $300 payment by April 1.
This payment is considered an advance payment on the upcoming fall semester bill and as such is credited on the initial fall semester bill. The signed agreement is an indication of financial responsibility. Please note that if the student is not returning to the University, the request for the return of the $300 must be made in writing by May 1. All deposits are considered earned after the May 1 date.
The fall semester tuition bill is mailed in early July and is due Aug. 1. The spring semester tuition bill is mailed in late November and is due Dec. 15. Class attendance is permitted only for students who have paid the tuition bill in full by the start of class.
The Business Office will send out a billing statement each month when there are charges due to the University. Please be aware that other charges such as parking fines, lost student IDs, athletic uniform replacements, library charges and housing judicial fines can be included on the monthly statement. All charges after the initial semester statement are due immediately upon receipt.
This sample worksheet can be used as a guide to estimate the total due for each semester.
Suggested Financing Methodology
The University suggests the following financing methodology when determining how to pay the amount due for tuition and fees:
- Financial aid
- Traditional payments
- Monthly payment options
- Parent loan options
- Alternative loan options
- Credit card option
For more information, visit the Payment Options page, which also contains information on family discounts and payment options for graduate students.
Late Payment Fees
If the fall semester payment due Aug. 1 is received late, the following charges will be in effect:
- After Aug. 1: $100
- After Aug. 15: $150 additional
- Fall semester: $250 total
If the spring semester payment due Dec. 15 is received late, the following charges will be in effect:
- After Dec. 15: $100
- After Jan. 6: $150 additional
- Spring semester: $250 total
The Business Office will consider canceling late fees if the University itself caused a delay in delivering money to the appropriate place. If a student believes he or she is eligible for such a cancellation, the Business Office should be contacted. A late application for financial aid by a student does not excuse late fees charged by the University.
Students whose bills are sent to a foreign country are responsible for late fees assessed when the billing address causes a late payment.
Delinquent Student Accounts
Students who fail to meet their financial obligations in accordance with established University regulations will have the status of their accounts reported to the vice president for academic affairs for appropriate action. This action may include cancellation of eligibility for enrollment in the current or future semesters. The University also reserves the right to withhold services such as grades, transcripts or participation in graduation exercises.
Further, if the account remains delinquent (no payments) for six months, the University will submit the account to a collection agency for further action. The student will be responsible for the collection costs associated with servicing the account. Collection costs will significantly increase the student's financial obligation.