Tuition and Fees | University Housing | Dining Services and Facilities
Fixed Charge Schools |
Variable Charge Schools |
Combined Degree Programs Tuition and
Payment of Fees | Installment Payment Plan | Withdrawal from the University | Other Fees and Special Charges
Failure to Pay University Financial Obligations | General Payment Policies | Auditing Courses
Estimated Personal Expenses | Additional Expenses | Veterans' Benefits | Senior Citizens
Academic Common Market | Classification as an In-State Student
Direct Loans The University subscribes to the federal government's Direct Loan Program. Further information on Direct Loans is available in Chapter 3.
If Students Have University Awarded Loans such as Perkins, Health Professions, Nursing or Institutional loans, they do not receive loan checks at Registration. Proceeds from Perkins, HPSL, and NSL are applied directly to your tuition account. Credit balances resulting from these loan proceeds are refunded to the student by October 1 in the fall semester and by February 1 in the spring semester. Once again, undergraduates must be registered for at least twelve credits, and graduates for the number of credits specified on the loan application to be eligible to receive credit from these loan proceeds.
Credit Balances on a student's account, which are the result of an overpayment, may first by offset against any other past due amounts owed the University.
Overpayment credit balances of less than $5 are not refunded unless requested. The Bursar's Office offers direct deposit of credit balance refunds directly to students' bank accounts. Sign-up forms can be obtained from the Bursar's Office.
Direct deposit of credit balances is optional. If not chosen, physical checks are still issued; however, creation of checks will be a slower process than direct deposit.
Credit balances resulting from a scholarship/fellowship, and University awarded loans, such as Perkins, Health Professions, Nursing or Institutional Loans, are refunded by U.S. mail to arrive on or about October 1 in the fall and February 1 in the spring, unless direct deposit is in effect.
Credit balances resulting from the Installment Payment Plan are refunded in mid-November for the fall semester, and mid-April for the spring semester.
Bills Are Mailed as Follows: Undergraduate Students - All bills are mailed to the home address. Graduate Students - Prior to fall registration, bills are mailed to the home address. After registration, bills are mailed to the local address.
Home and Local Addresses The Bursar's Office uses the home and local addresses that are on file with the Registrar's Office. It is the students' responsibility to maintain current addresses with the Registrar.
Special Billing Addresses Students may establish a billing address through the Bursar's Office. Once established, this address overrides the Registrar's addresses for billing purposes.
Taxability of Scholarships and Fellowships The Internal Revenue Service (IRS) tax code permits the exclusion of scholarships or fellowships from income up to the amount used for the payment of course-related expenses (i.e., tuition, fees, books, supplies and equipment). The IRS does not consider the cost of room and board to be course-related. Stipends or living allowances paid as part of a scholarship or fellowship are considered taxable income. The University is required to withhold taxes on such payments only to nonresident alien recipients not claiming treaty benefits. However, all recipients are required to report their scholarships and fellowships to the IRS by filing a yearly tax return, and to pay the requisite taxes. These provisions apply to all scholarship and fellowship recipients of domestic source grants, regardless of whether the recipient is an undergraduate or graduate student, a citizen or nonresident alien. Students should retain receipts for tax deductible items. The University cannot provide tax counsel.
Continue to: Auditing Courses
Return to: Chapter 2 Index