Ave Maria University |
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Ave Maria
Latin American
Campus
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General Information
Policies - Student Financial Services
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Disenrollment for Financial Reasons Policy
Payment of a students base AMU charges, tuition, room, board and fees that apply to all students, is due prior to the beginning of each semester (Clear Your Bill day) in order for the student's registration process to be completed, the due date is generally one month prior to the first day of class . Account statement information is provided via IQ Web in advance of each semester to give families time to finalize payment arrangements for the net balance due (base charges less finalized financial aid, private/alternative loans, outside scholarships, and other payments).
The Fall 2009 Clearing Your Bill (CYB) day is August 1st, failure to Clear Your Bill by this date will result in the cancellation of a student's class registration and dorm room reservation. A late registration fee of $100 will be charged if registration is not finalized prior to August 1st. Students accepted to AMU after July 1st will not be subject to this additional fee.
Students who fail to pay or make satisfactory arrangements will not be allowed into their dorm rooms and classes, or receive any other services from the university. Students with an outstanding balance on their account are not eligible to register at the university or participate in room selection. No student may receive a degree, certificate of completion, grade report or transcript until all charges due to the university or any of its related divisions are paid in full. Delinquent accounts may be transferred to private collection agencies and/or the Florida State Attorney Generals Office for collection, and are subject to additional interest and/or collection charges.
Upon written appeal, the Chief Financial Officer may reconsider, and, in specific cases where good and sufficient reasons exist, grant exception to the policy. Such exceptions will generally not be made for medical illness or accident.
Everyone Must Respond
Every student must respond to their tuition and fees statement by completing the printable Remittance Form. This detailed response is required in order to clear the student for each semester's enrollment. A timely, detailed response will ensure a smooth start-up at the beginning of each semester.
Everyone must return the printable Remittance Form. Please fill out the form and return it even if the bill will be entirely covered by aid or scholarships. Failure to return the form by the CYB date will result in the cancellation of a students class registration and dorm room reservation. Payment for any uncleared portion of your bass fees must accompany the Remittance Form, or be paid on-line by the CYB date.
Dorm Damage Charge Policy
Damages to a room will be charged to the occupant. Damage to common use areas of dormitories may require a pro-rata charge for each student on that floor or in that building, if it is not possible to determine responsibility. Any damages will be charged directly to students' accounts.
International Student Payment Options
Ave Maria University can only accept funds in US dollars drawn on US banks. Students from outside the United States must send US currency drawn on or through US banks, or make arrangement to wire (transfer) funds. This can be accomplished by contacting the Student Financial Services Office. Ave Maria also accepts MasterCard, DISCOVER, VISA and American Express credit cards with the same stipulations that apply to checks.
Medical Insurance Policy
All full-time students and students residing on campus are required to be covered under a health insurance plan. Students who do not provide proof of coverage under an outside insurance plan are automatically added to the University-provided plan. The cost of University-provided insurance will be added to the student's Fall semester bill. Further information concerning the University-provided plan is available in the Office of Student Life.
Until the Online Waiver Form is submitted and processed, students will remain enrolled in the student insurance plan and the cost of the plan will remain on their student account, and payable in order to Clear Your Bill.
Past Due Account Policy
Any inactive account not paid when due may be placed with a collection agency and subject to collection and legal costs.
Payment Plan - Option
Ave Maria is pleased to offer an interest-free installment payment plan to help students and parents make their education affordable. There is only a simple and affordable setup fee of $50 to help offset the administrative costs of the program. Please see the Tuition Payment Plan page for details by clicking Here.
Check Returned, Non-Sufficient Funds Policy
A $25 fee will be charged to the student account for each check returned by the bank for non-payment. Ave Maria University reserves the right to require a cashiers check for all payments subsequent to the return of a personal check for non-sufficient funds.
Transcripts and Diploma Hold Policy
There is an automatic hold on transcripts and diplomas for any student whose student account is not paid in full.
Student accounts are paid in full only after final payments have been received by the University from all scholarship, grants, loans, payment plan accounts, financial aid institutions, or other funding sources used by the student. Please allow ten business days for release of a transcript when a balance is paid by personal check. Immediate release is allowed when payment is made by money order, bank check, or credit card. We accept VISA, DISCOVER, American Express and MasterCard.
Graduation Fees
The Student Financial Services Office will assess a $155.00 graduation fee to your student account when your graduation application has been processed. The $155.00 fee is applicable to both undergrad and graduate students. If the fee is not paid, a hold will be placed on transcript requests and other university records.
Refund Policy - Overpayment on Enrolled Student Account
Refunds will be issued to students unless the credit is from a Federal Parent Plus Loan. The refund check process can take up to two weeks from the date the credit balance occurs on the student account. Checks are generated weekly and are mailed or available on Friday of each week.
University Withdrawal/Enrollment Changes
If you withdraw from the University or drop classes within an enrollment period, keep the following points in mind:
1. To withdraw or drop classes officially, students must contact the Coordinator of Academic Records and follow all required official withdrawal/drop procedures.
2. If you leave the University and do not formally withdraw, you will be assigned a grade of "F" (failure).
3. Withdrawal or dropping classes does not eliminate your financial obligation to the University. You are still responsible for any charges owed to the University at the time you withdraw or drop classes, based on the University's tuition and housing refund policies.
4. There are specific federal, state, and University withdrawal/drop policies regarding tuition and fees, housing charges, refunds to financial aid programs, and repayments, which result from withdrawal from enrollment. Consult the Financial Aid Office for details.
Return of Title IV Funds
If you receive financial aid, and subsequently do not enroll at Ave Maria University, or enroll and then withdraw from the University, you may be required to return financial aid funds received. The Financial Aid Office must calculate the amount of financial aid you have "earned" prior to withdrawing or canceling your registration. Any aid received in excess of the earned amount is considered "unearned". This unearned financial aid must be returned to the programs from which they were disbursed. This amount is jointly shared by Ave Maria University and the student, and is based on your official withdrawal date or the date all classes were dropped. If you decide not to attend a term, you must notify the Coordinator of Academic Records of your change of enrollment. Failure to notify the Registrar may disqualify you from receiving a refund of tuition/ fees, which will result in a greater liability for financial aid disbursed and/or applied to your student account.
Federal, University, & State Aid Refund Policies & Procedures
All Federal and Florida need-based Student Aid Refund Policies and Procedures require that if a student withdraws from all classes prior to the date when 60% of the enrollment period's class days have passed, a student's federal/state student aid for that enrollment period is subject to adjustment. The adjustment of the student's federal/state student aid is determined by calculating the percentage of federal/state aid earned for the number of class days the student was enrolled for the enrollment period. This percentage determines the amount of federal/ state student aid the student earned for the enrollment period with the unearned balance being returned to the federal/state aid program(s). University-Funded Aid Refund Policies and Procedures mandate that if a student withdraws from all classes within an enrollment period, aid programs funded from these sources are adjusted by the percentage, if any, used to adjust the student's tuition charges for the enrollment period. If, after all required Refund adjustments are made, a student account balance results, the student will be mailed a student account bill detailing all adjustments.
Withdrawal from the University
Refund Policy
When considering the refund of excess funds on a student's account, Ave Maria University must have received all deferred sources of payment necessary to pay the account in full. These include outside scholarships and grants, student and/or parent loans, monthly payment plans, and any other sources of deferred payments upon which the student's registration was based.
Withdrawal Financial Credit
It is the student's responsibility to notify formally the Office of the Registrar and to follow proper procedures when withdrawing from the University. Failure to pay fees and/or failure to attend class does NOT constitute an official withdraw from Ave Maria University. An official withdraw form must be fully completed by the student, dated, and signed by all designated offices and the Coordinator of Academic Records before leaving campus. Students dismissed or suspended by Ave Maria University will not be entitled to a refund. Students are eligible for a refund of tuition, fees, and room and board charges if they withdraw officially from the course of study according to the following schedule:
Withdrawal/Drop Date Fee % Reassessed Fee % Due to University
During the first week of classes 100% 0%
During the 2nd week of classes 75% 25%
During the 3rd week of classes 50% 50%
During the 4th week of classes 25% 75%
During the 5th week of classes 0% 100%
NOTE: If the semester charges were not paid in full at the time of withdrawal, a bill will be forwarded for the balance due, calculated by using the appropriate percentage. Scholarships, grants, and Federally funded loans will be refunded, in the appropriate ratio, using Federal guidelines for financial aid, either to the University or to the agency from which the aid funds were received. In many cases, this will result in an additional amount due the University.