FISCAL POLICY-PAYMENT OF FEES

The entire amount of the expense for each term or summer session is due and payable at the beginning of each term or summer session, and no student is enrolled officially until all expenses are satisfied. In extenuating circumstances, the College will accept, at the beginning of each term, a non-interest-bearing promissory note for a portion of the tuition due. In such cases, the note for all terms, excluding summer, is due by the fifth class meeting. No deferred payments are permitted for summer sessions for any graduate student. Please refer to the Graduate School calendar for important financial dates.

All other transactions relating to payment should be conducted with the College Business Office Office. All checks and money orders should be made payable to Anderson College. A personal check given in payment of expenses that is returned by the bank unpaid immediately creates an indebtedness to the College.

RETURNED CHECKS/CHARGE CARDS

A check or charge card given in payment of University expenses or a check cashed by the University that is returned unpaid by the bank immediately creates an indebtedness to the University. A $20* returned check charge will be assessed for each returned item in accordance with state laws. Students with returned items for payment of academic fees are also subject to a late payment fee of $5* per calendar day, not to exceed $350* , beginning on the day after the last day of late registration.

PAST DUE ACCOUNTS

Any indebtedness to the College which becomes past due immediately jeopardizes the student's enrollment, and no such student will be permitted to re-enroll for an ensuing term or summer school term. Billing fees and/or collection costs may be added to the indebtedness. Further, any student who fails to pay all indebtedness, including collection costs, to the College may not be issued a transcript or diploma. Unresolved debts may be turned over to a collection agency, be reported to a credit bureau and deducted from state income tax refunds. Debts include but are not limited to the following: parking violations, library fines, rent, academic fees and others.

REFUND OF ACADEMIC FEES

Regular Semester. No refunds will be made on a term's academic fees after five class meetings within the term. In the case of a withdrawal from school, the refund will be based on the effective date of withdrawal as shown on the official College withdrawal form. Refunds for part-time students who drop credit hours will be based on the date the course is dropped.

Refund of Academic Fees – Spring(Terms 3 and 4)/Summer
Date of Official Withdrawal	Portion Refunded
First two class meetings	100%
After three class meetings	50%
After four class meetings	20%
After five class meetings	0%; fully charged

Contact Graduate Studies:
Email: dhall@ac.edu
Phone:864-328-1764