CBU | Settling Accounts
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Settling Accounts

Settling Your Account refers to the process of making the necessary financial arrangements to pay for your tuition so that you will be allowed to attend classes. To avoid having classes dropped for non-payment, you must either pay your account in full or enroll in a payment plan and pay the required installment by the deadline each semester.  For Spring 2017, the deadline is January 6, 2017.  Students living on campus must pay in full or enroll in a payment plan and pay the required installment prior to move in.

For additional information about payments and payment plans, click here.

For additional information about residence move in, click here.

Late Registration Fee

Undergraduate and Professional students who have not settled their financial accounts before the published drop date will have their schedules dropped by the Registrar. Upon re-registering for classes, there will be a $250.00 late registration. Students who wait until the first week of class to register for class for a semester or term will also be charged the $250.00 Late Registration Fee. If you have any questions concerning your student account, contact us via email at BusinessOffice@cbu.edu.

Application & Enrollment Fees

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 for the following academic year. Students who enter at the second semester are subject to the same financial requirements listed herein.

Security Deposit

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.

Contract Cancellation Fee

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 Request 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 for Academics & 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.