Schedule. of Fees Your Resource Guide to Financial Services at Morehouse College

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1 Morehouse College Office of Student Financial Services Room 200, Gloster Hall 830 Westview Drive Atlanta, GA Your Resource Guide to Financial Services at Morehouse College Schedule Tel: (470) of Fees

2 Important Information This Schedule of Fees is your resource guide to financial services at Morehouse College. Consult it first when you have basic questions about transactions on your student account. Actual charges and payments are reflected on your student account, which you can access via Tiger Net. Please be sure to regularly check your student account and your Morehouse College s for important information and details about your financial status at the College. PAYMENT OPTIONS You must have one of these payment arrangements in place by the payment due date or your class registration may be canceled. If you are unable to attend, it is up to you to drop your courses. The only way to get a 100% credit of your tuition and mandatory fee charges is to drop your courses by the add/drop deadline. If you remain registered past the add/drop deadline, you are no longer eligible for a 100% credit of tuition and mandatory fees. See the withdrawal refund schedule for details about pro-rated credits of tuition and mandatory fees when you withdraw completely from the semester. Paying your student account balance online is the FASTEST payment method! Payment by Check, Cash, Wire, or Credit Card Effective July 2, 2018, Credit Card payments accepted online only! Online with a credit/debit card or personal check via BannerWeb. There is a 2.75% (4.25% for international cards) convenience fee assessed for paying with a credit card. There is still no fee for paying with an electronic check. In Person at the Cashier s Office by cash or check. Credit card payments only accepted online. The Cashier s office is located in room 200 Gloster Hall. Office Hours are 9:00AM EST 5:00PM EST Monday Friday. International Wire Transfer. We now offer online international wire transfer payments via our partner Flywire. Payments are made online through BannerWeb. By mail. Send checks or money orders payable to Morehouse Collge, Attn Cashier Office Rm 200 Gloster Hall, 830 Westview Drive. S.W., Atlanta, GA You must include the student s name and student ID number (M number). Returned Payments: A $59 returned payment fee is assessed for any type of returned payment applied to your account whether paid by you or a third party. After two returned checks, the College will no longer accept a check (from anyone) for payment on your student account. See our returned check policy here: Financial Aid You may be eligible for financial assistance (loans, scholarships, grants) to help with your college expenses. Review the financial aid process for information about applying. Be sure to complete all your outstanding requirements by the payment due date, or be prepared to use another method to pay your balance. Any amount not covered by your financial aid award must be paid by the deadline using another approved method. Visit the financial aid website for details: Sponsored Billing Some employers and agencies assist students with their educational costs. To have your bill paid by a third party, formal billing arrangements must be set up and approved by Student Accounts before the term begins. Visit our website for additional details. Page 2

3 Installment Plan Important Information Pay the cost of tuition, fees, room and board for the semester by participating in one of the College s designated payment plans. Details about the plan including enrollment fees and deadlines are on our website. Military Benefits Some Veterans may be eligible for assistance with their educational expenses. You will need to apply to the Veterans Administration and have your schedule certified by our Registrar s office. Visit their website for additional details: Tuition assistance programs such as Go Army are handled through sponsored billing. AmeriCorps Vouchers AmeriCorps is a program that provides tuition vouchers for volunteers in service to America. To use your AmeriCorps vouchers, you must first request funds via the AmeriCorps website at HOLDS & DELINQUENT ACCOUNTS Student Financial Services is committed to helping you resolve your delinquent balance. If your account becomes delinquent, contact our office immediately so we can discuss your options. All charges due to Morehouse College must be paid in full by the payment due date published each semester. Students whose accounts are delinquent will not be permitted to register for the next term or receive transcripts or diplomas. Morehouse College may require payment of a delinquent account to be in the form of certified funds, such as cash, money order, or a cashier s check. Collections Process The student receivable process begins when charges are posted to your student account. If your student account is not paid by the due date, a past due balance hold will be placed and further collection efforts will be made to collect the amount owed. If your account is sent to an external collection agency, additional fees may be added to the balance due. These fees may add up to over 33-1/3% of the original balance due. In addition, a delinquency report may be filed with a credit bureau. Page 3

4 Summary of Expenses Tuition & Mandatory Student Fees - Summer Per credit hour tuition charge $ Mandatory Student Fee $ New Student Fees* Acceptance Deposit $ New Student Orientation (Fall, on campus) $ New Student Orientation (Fall, off campus) $ New Student Orientation (Spring, on/off campus) $ *All are one-time, non-refundable fees applicable to new students only (freshman/transfer) Other Student Fees 100 level course book rental (per course) $ Late Registration (fall/spring) $ Course Audit Fee (per credit hour) $ Academic Transcript $ Campus post office box $ Post Office Box Key Replacement $ Parking Permit (per semester) $ ID/Meal Card Replacement $ Summer Cross Registraion (Morehouse Student) $ Summer Term Admissons Application (non-morehouse students) $ Late Registraion (summer term) $ Graduation (c/o 2019) $ Late Graduation Application $ Refund Paper Check (each) $ Refund Card Replacement (each) $ Refund Reversal (each) $ Late Payment Fee (per month) 1% of Bal Returned Check (each) $ Page 4

5 Summary of Expenses Room Charges Traditional Residence Hall - Roomate $ 3, Traditional Residence Hall - Core Single $ 4, Traditional Resiece Hall - Roomate Plan (summer only) $ Otis Moss - 4BR Suite $ 4, Otis Moss - 2BR Suite $ 4, Otis Moss - 1BR Suite $ 6, Otis Moss - 4BR Apartment $ 4, Otis Moss - 2BR Apartment $ 5, Meal Plans (Board) Unlimited Meals DCB Dollars* $ 2, Meals per week DCB Dollars**... $ 2, Meals per week DCB Dollars**... $ 1, Meals per week DCB Dollars**... $ 1, Block Meals per semester DCB Dollars** $ Traditional Residence Hall (summer only) $ *Required for Traditional Residence Hall residents., optional for off-campus students. **Available for off campus students only Residential Student Fees Damage/Breakage Deposit* $ Community Fine. $ Garbage/Debris in Room $ Improper Room Check Out $ Late Departure (per day) $ Lock change $ Vandalism/deface college property** $ *One-time fee, refundable. **Additional fees may be assessed based on the cost of repairs and housing violation Page 5

6 Financial Planning Worksheet You can use this worksheet as a tool to help you develop your financial plan for the academic year. Tuition & Mandatory Fees Tuition for credit hours Mandatory Fees New Student Fees (if applicable) Other Student Fees Lab Fee (s) 1 Books(other than 100 level courses) 2 Total Tuition and Mandatory Fees (A) Fall Spring Summer Room & Board Housing charge based on your requested housing Meal Plan 3 based on your meal plan selection Residential Student Fees (if applicable) Total Room & Board (B) Total Estimated Charges (A + B) Anticipated Financial Aid 4 Hope Pell Grant Direct Subsidized Loan Direct Unsubsidized Loan Perkins Loan Parent PLUS Loan Morehouse College Scholarship(s) Outside Scholarship(s) Other: Total Anticipated Financial Aid (C) Total Due to Morehouse College (A +B-C) (1) Lab fees may apply to some courses. (2) Books for courses that are not 100 level are not a direct cost charged to your student account. The actual cost of your books will be determined by your class schedule. (3) Traditional residence hall residents are required to have the unlimited plan and will be automatically charged for it. (4) Anticipated financial aid based on your official Morehouse College Financial Aid Award letter. Page 6