Payment Plans

Payment Policy

It is the policy of Methodist University that all previous semester charges must be paid before new semester charges can be processed. MC at Night and Summer School sessions are payable up to the first day of classes, but earlier payment is suggested to reserve classes. Day students’ deadlines for paying new semester charges (for all returning students and new students pre-registered before July 1 for Fall 2008 and December 1 for Spring 2009) are two weeks prior to the start of classes:

• Fall 2008: August 5, 2008
• Spring 2009: December 23, 2008

Those new students accepted by the college after July 1 and December 1 may pay for their charges up to the first day of classes.

The college offers three (3) methods of payment for a new semester or term, as specified below:

1. All tuition, room, board and fees for the semester (less any pending financial aid and loans) are payable on or before the dates listed above.
2. A ten-payment plan is offered through Methodist University, Inc. that begins June 1 of each year and requires 10 equal monthly installments with no interest charge on the payments and a $60 enrollment fee.
3. A minimum of one-half (1/2) of the balance (after pending financial aid and loans are deducted) must be paid on or before the dates listed above, and the remaining one-half is due and payable 30 days thereafter, as specified on the initial billing statement. There is a $35 enrollment fee. Payments not received within 2 weeks of the required due date indicated on the promissory note will result in the students’ immediate dismissal from the college, unless other acceptable payment arrangements have been made with the Business Office.

Summer School terms require that one-half of the balance due for all sessions registered be paid at or before the first day of classes, with the remaining one-half payable within 10 days of the start of classes, as specified on the initial billing statement. The enrollment fee is $35 per semester.

MC at Night students are required to pay one-half (1/2) of the balance due at or before the start of the term, and the remaining one-half three weeks thereafter.

NOTE: A late payment fee of $45 will be assessed on payments received more than 5 days after the due date.

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