Billing & Payment How & when to pay tuition Payment Plans & Payment Agreement Form Saint Mary's offers two types of payment plans to assist your family: the standard payment plan and the 10-payment plan. Each plan is described in detail below. You will indicate your choice of a payment plan on the Student Payment Agreement and Disclosure Statement Form, which is turned in to the Business Office. This form is required in order for registration to be accepted. Payment Agreement Form If you have not received this form, please call toll-free (877) 304-4273 and request that one be mailed to you. Standard Payment Plan The annual fees will be divided into two semesters. All semester charges minus the pending financial aid for the semester are to be paid by August 5, for the first semester and January 5, for the second semester. Work study is not included in determining the payment plan. Once computed, your payment could change if changes are made to a financial aid package. Any additional fees* such as special course fees, health service charges, etc., are to be paid by the 5th of the month following their appearance on the statement. Payment Schedule Aug. 5 first semester charges Sept. 5 *any additional fees Oct. 5 *any additional fees Nov. 5 *any additional fees Dec. 5 *any additional fees Jan. 5 second semester charges & *any additional fees Feb. 5 *any additional fees Mar. 5 $250 housing deposit for next academic year & *any additional fees Apr. 5 *any additional fees May 5 *any additional fees *Additional fees (such as special course fees, health services, etc.) 10-Payment Plan The annual fees will be divided into 10 estimated payments minus any pending financial aid. Each of the 10 payments will be due the fifth day of the month, commencing July 5 with the final scheduled payment due April 5. Work study is not included in determining the payment plan. Once computed, your payment could vary if changes are made to a financial aid package or if the student changes his or her schedule. Any additional fees* such as special course fees, health service charges, etc., will increase the payment due the month following their appearance on the statement. Payment Schedule Jul. 5 monthly payment Aug. 5 monthly payment & Sept. 5 monthly payment & *any additional fees Oct. 5 monthly payment & *any additional fees Nov. 5 monthly payment & *any additional fees Dec. 5 monthly payment & *any additional fees Jan. 5 monthly payment & *any additional fees Feb. 5 monthly payment & *any additional fees Mar. 5 $250 housing deposit for next academic year, monthly payment *any additional fees Apr. 5 monthly payment & *any additional fees May 5 *any additional fees *Additional fees (such as special course fees, health services, etc.) FERPA The Family Education Rights and Privacy Act (FERPA) is a federal law that governs who can access student records. An online FERPA form found in WebTools needs to be completed and/or updated each year for billing and communication purposes. Past due balances Finance charges of 1% each month (12% annual) will be charged on any portion of the account which becomes past-due. Requests for transcripts will not be honored with an outstanding or past-due balance. Registration for the following semester will not be allowed. If a student makes little or no effort toward fulfilling the payment obligations, he or she may be suspended from extra-curricular activities or from the university. Statements Tuition statements are sent electronically (via email) to students and eligible parents. The billing statement will be sent from the Business Office at Saint Mary's. Please verify that Saint Mary's University email is not blocked by your spam filter. If you do not receive an eBill, please notify the Business Office at firstname.lastname@example.org. Online Payments Tuition payments may be made online through CashNet, which is accessible through Webtools. Electronic payment is optional but encouraged. Payments may be made via ACH transfer (electronic check) from your bank account with no fees attached. Payments are acceptable via credit card with a 2.75% non-refundable fee. Deposits Current students are required to pay a $250 housing deposit due March 5. This deposit is non-refundable. This deposit is applicable to the fall semester billing. Any student who has secured campus housing and at a later date decides to live off-campus will forfeit this deposit. Students entering in August will be required to pay the $300 non-refundable confirmation fee to the Admission Office.