Terms of Payment

Payment Schedule

Advance deposit for all entering students: $300

Students who are accepted on the Early Decision Plan must make a deposit on or before December 15. Other new students are required to make this advance deposit on or before May 1 or within 10 days after the date of acceptance, whichever is later. For the student accepted after April 21, the deposit must be made within 10 days after acceptance. This payment is not refundable and does not include the non-refundable $40 fee which must accompany the application of each new student.

New students for the spring semester are required to make this deposit on or before December 1 or within 10 days after the date of acceptance, whichever is later. The student accepted for January enrollment after November 21 must make the deposit within 10 days after acceptance. This non-refundable deposit will be credited to the student’s account and applied to tuition charges.

Payments for tuition and fees are due in full on August 1 for the fall semester and on December 1 for the spring semester. Payments not received by the due date will result in the cancellation of preregistered classes.

Parking fines and other miscellaneous charges are charged to the student account and due when incurred. A student may not preregister for a future semester unless their account is paid in full.

Payment Plan Option

As an alternative to paying tuition and fees in full on the due date of each semester, for a low enrollment fee, a student may elect to divide the cost each semester into 4 or 5 monthly installments. To enroll in a plan, go to ACI Payments, Inc. Payment Plan website.

VA Benefits Policy

Meredith College will not impose any penalty, including the assessment of late fees, the denial of access to classes, libraries, or other institutional facilities, or the requirement that a covered individual borrow additional funds, on any covered individual because of the individual’s inability to meet the student's financial obligations to the institution due to the delayed disbursement funding from VA under chapter 31 or 33.

Withdrawals/Leaves of Absence

If a student withdraws, is dismissed, or is granted a leave of absence from Meredith before the end of a semester, the student is responsible for the following percentage of the full semester tuition:

First through the 5th day of the semester

0%

6th through 10th day of the semester

20%

11th through 20th day of the semester

40%

After 20th day of the semester

100%

Any refund due will be mailed from the accounting office to the student upon receipt of an official withdrawal notification from the dean of students or an official leave of absence notification from the Registrar.

The same policy will apply for reduction of credit hours above the 18 credit hour level and for part-time students who drop or withdraw from courses.

Course fees are 100% refundable through drop/add. After the last day to drop a course (as indicated in the academic calendar), there is no refund.

Board will be credited on the basis of the weekly charge for the number of weeks remaining in the semester following the week of withdrawal.

No credit will be made for room charges.

If a student does not officially withdraw within 60 days of last class attendance, the student forfeits their right to any adjustments to their charges. See the Grading System section regarding how to effect an official withdrawal.

Students who are receiving financial assistance from federal programs, are enrolled at Meredith for the first time, and who withdraw from Meredith, will have any refund determined according to federal policy. Eligibility for a refund may extend to 60% of the semester. Refunds calculated under federal guidelines will be repaid to the programs from which funds were received in the following order: Direct Student loans, federal Perkins loan, federal Pell grant, federal SEOG grant, other title IV assistance, other federal sources of aid, other state, private, or institutional aid, the student.

Other students receiving financial assistance and who withdraw from the College will have their refund calculated as shown in paragraph one under Withdrawals. The funds will be prorated according to their sources (State, Institutional, Student) and repaid to the funds in the sequence shown in the previous paragraph.

Because earnings from a campus job are paid directly to the student during the academic year, this form of aid is not subject to the refund policy.

Contractual Agreement

The preceding statements as to charges and terms of payments are the equivalent of a contract between the College and its students. No College administrator can modify these regulations without specific authorization from the Meredith Board of Trustees. A student is not officially registered or entitled to enroll in any class until satisfactory financial arrangements have been made with the business office. Under no circumstances will a student’s transcript or diploma be released until their account is paid in full.