Room/Board Payments:
2010-2011
Semester Payment Plan
| Fall Semester |
|
| • 1st Payment Due August 2 |
$ 662.50 |
| • 2nd Payment Due September 1 |
$ 662.50 |
| • 3rd Payment Due October 1 |
$ 662.50 |
| • 4th Payment Due November 1 |
$ 662.50 |
Spring Semester |
|
| • 1st Payment Due January 3 |
$ 662.50 |
| • 2nd Payment Due February 1 |
$ 662.50 |
| • 3rd Payment Due March 1 |
$ 662.50 |
| • 4th Payment Due April 1 |
$ 662.50 |
All dorm students will be charged $2,650.00 by August 2 and/or January 3, which may be met in one of the following ways:
- Cash payment of $2,650.00 by August 2 and or January 3
- Payment plan as illustrated above
- Work on campus for six (6) or twelve (12) weeks during the summer. These 40-hour weeks accumulate credit for future semesters' room and board charges at the rate of six (6) weeks per semester
- Receive a scholarship for room and board
- Apply for a privately funded educational loan, which is available to students and their parents through various lending institutions. A co-borrower is required on the loan. Students who want to borrow on their own signature will be subject to a higher interest rate. Minimum loan is $500.00. Receipt of the loan is based on the creditworthiness of the applicants. A credit bureau report will be obtained for the student and co-borrower. One must have a minimum credit history of two years.
- Online Payment by electronic check (e-Check), MasterCard, Discover, American Express, or Diners Club at https://campusweb.cofo.edu/ics/online_payments.
2011-2012
Semester Payment Plan
| Fall Semester |
Payment |
Amount of Room and Board Obligation Met |
| • 1st Payment Due August 1 |
$ 700.00 |
$ 700.00 |
| • 2nd Payment Due September 1 |
$ 700.00 |
$ 1,400.00 |
| • 3rd Payment Due October 3 |
$ 700.00 |
$ 2,100.00 |
| • 4th Payment Due November 1 |
$ 700.00 |
$ 2,800.00 Paid in full |
The above payment schedule is provided to help illustrate that the full amount of room and board is due by November 1 of the Fall semester. You may, however, begin making payments prior to August 1. You may make more frequent payments in smaller amounts, as long as $700 is paid by August 1 and the total room and board charge is paid in full by November 1. Students who officially cancel their admission before the first day of classes will receive a refund of 100% for Health/Technology/Services Fee (acceptance fee), room, board, and the security deposit. Current students see the College catalog for the full-refund policy.
| Spring Semester |
Payment |
Amount of Room and Board Obligation Met |
| • 1st Payment Due January 2 |
$ 700.00 |
$ 700.00 |
| • 2nd Payment Due February 1 |
$ 700.00 |
$ 1,400.00 |
| • 3rd Payment Due March 1 |
$ 700.00 |
$ 2,100.00 |
| • 4th Payment Due April 2 |
$ 700.00 |
$ 2,800.00 Paid in full |
The above payment schedule is provided to help illustrate that the full amount of room and board is due by April 2 of the Spring semester. You may, however, begin making payments
prior to January 2. You may make more frequent payments in smaller amounts, as long as $700 is paid by January 2 and the total room and board charge is paid in full by April 2.
Students who officially cancel their admission before the first day of classes will receive a refund of 100% for Health/Technology/Services Fee (acceptance fee), room, board, and the
security deposit Current students see the College catalog for the full-refund policy.
Once accepted, you may begin making room & board payments. Students will be charged $2,800.00 when their class schedule is established. This may be met in one of the following ways:
- Cash payment of $2,800.00 by August 1 and/or January 2
- Payment schedule as illustrated above
- Work on campus for six (6) or twelve (12) weeks during the summer. These 40-hour weeks accumulate credit for future semesters' room and board charges at the rate of six (6) weeks per semester
- Receive a scholarship for room and board
- Apply for a privately funded educational loan, which is available to students and their parents through various lending institutions. A co-borrower is required on the loan. Students who want to borrow on their own signature will be subject to a higher interest rate. Minimum loan is $500.00. Receipt of the loan is based on the creditworthiness of the applicants. A credit bureau report will be obtained for the student and co-borrower. One must have a minimum credit history of two years.
The College accepts payments online by electronic check (e-Check), MasterCard, Discover, American Express, or Diners Club at https://campusweb.cofo.edu/ics/online_payments. Payments may also be made with personal checks, cashier’s checks, or money orders.
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