SETTLING OF FINANCIAL ACCOUNTS

Unless students have signed up for an approved payment plan or direct billings, payment of all tuition and fees for non-boarders and payment of all tuition, fees, and full room and board for boarders will be required before the first day of classes each semester or evening term. Visa, Mastercard, and Discover are accepted for payment up to the approved limit for charges to these accounts.

Day and Evening students who have not settled their financial accounts before the first day of classes will have their schedules dropped by the Registrar. Upon reinstatement of their schedule, they will be charged a $150.00 LATE REGISTRATION FEE. If you have any questions concerning your student account, you can call us during normal business hours or contact us via the web at bus_office@cbu.edu.

A non-refundable APPLICATION FEE of $25.00 must accompany the application for admission. Upon notification of acceptance, day applicants must submit an ENROLLMENT FEE of $300.00. This will insure a place in the university and be credited against your first semester charges. Current residence hall students are also required to make a $300.00 deposit in the spring to reserve a residence hall room in Maurelian, Rozier, Stritch or Avery for the following academic year and a $500 deposit for an apartment in Capstone. Students who enter at the second semester are subject to the same financial requirements listed herein.

A SECURITY DEPOSIT (Refundable) of $150.00 is required of all resident students. This fee must be paid regardless of the scholarship or student aid arrangements with the university. The security deposit will be refunded at the end of the senior year or at the time of withdrawal from the university.

Fall housing contracts are for the full academic year (exception: students graduating in the Fall semester or student withdrawing completely from the University). A $300.00 CONTRACT CANCELLATION FEE will be assessed to a student cancelling a housing contract at any time and will be billed directly to the student’s account.A $500 breach of contract fee will be assessed for students who do not return to the residence halls for the Spring semester.

REFUND REQUESTS FOR ROOM AND BOARD: Room and board assignments will be made for the entire school year. CANCELLATION: Charges as specified below will be made in case of approved cancellation or disciplinary termination. Housing contract cancellations must be accomplished in writing and signed by the student applicant and must be approved by the VP/Student Life.

Contract cancellations will only be granted by the Vice President under the following conditions:

(1) withdrawal from the University,
(2) a verifiable unanticipated drastic change in the student’s financial status,
(3) an emergency situation. Students moving out of a residence hall during the semester must obtain approval from the VP/Student Life.

If approval is granted by the Vice President, refunds will be made according to the following schedule:

1. Prior to the opening of the residence halls (Fall/Spring/Summer) when a contract cancellation is received in writing and approved by the VP/Student Life prior to the day the residence halls open for the session, room and board payments will be refunded less the contract cancellation fee of $300.00.

2. After the residence halls open (Fall/Spring/Summer), refunds for room and board must be approved by the VP/Student Life. Refunds will be prorated as a percentage of how long they lived in the dorm.

NO DIPLOMA, transcript of credit, or information concerning academic or disciplinary record is given until the student’s account has been settled. Students with accounts in arrears may be excluded from final examinations, graduation ceremonies, issuance of academic documents and records and readmission to future academic programs until the accounts in arrears are paid in full. There is a one percent monthly interest charge on all balances on student accounts.