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 Financing Your Education Expenses | Costs/Arrangements/Terms | Financial Aid Statement of Liability Should a student leave Belmont University owing on his/her account, he/she will be liable for all attorney's fees and other reasonable collection costs and charges necessary for collection. Payment Policy Financial arrangements for all student charges must be settled by the published payment deadline. If the student is unable to pay the total balance due (after guaranteed financial aid), the student may join an interest-free monthly payment program. This program provides an opportunity to make monthly payments with no interest, borrowing, or hidden fees. For a low enrollment fee, the student can participate in this plan and take 8 to 10 months (depending on the enrollment date) to pay for the tuition for the fall and spring semesters. Students who do not pre-register must be prepared to select a payment plan and make an initial payment at the time of registration. If a student has any financial obligation to Belmont, the student will not be allowed to register for any subsequent semester, or reserve housing, until the account is paid. Belmont reserves the right to withhold the diploma and official transcript from students with delinquent accounts. Class Changes Adjustments will be made to accounts during the drop/add period if the total number of credit hours is decreased or increased, i.e. less than 12 hours, more than 16 hrs. A fee of $5.00 will be charged for each drop. After the drop/add period, there is no credit to the account for decreasing the total number of credit hours. Refund Schedule – Complete Withdrawals Registration at the university is considered a contract binding the student for the entire semester. Many commitments of the university are based upon the enrollment anticipated at the beginning of the semester. Any student refusing to conform to the disciplinary rules of the university or being suspended for academic reasons would forfeit all claim for any refund. After late registration, there will be no refund of Academic Enrichment Fee, Student Activity Fee or Course Fees. When a student officially withdraws from all courses (Fall or Spring), any refund of tuition, room, or board, will be governed by the following policy calculated from the first official day of classes (less a $25 withdrawal fee):
Refund of Credit Balance Any student who has a refundable credit balance on his/her account will receive a refund check. The first date for refunds for each semester is in compliance with federal mandates. After the first refund date in each semester, refunds will be processed weekly. If an account has a refundable credit balance by noon on Tuesday, a refund will be processed and available the following Friday at Belmont Central. Refunds remaining in Belmont Central after 4:30 p.m. on Friday will be mailed to the financial address. It is the student's responsibility to keep the University Registrar informed of any address changes. Belmont cannot be responsible for delays caused by inaccurate addresses. Refund Appeal Students who believe they have individual circumstances warranting an exception to published refund policies may appeal the application of the policy. Appeals must be submitted to:
Students choosing to appeal should submit a written letter of appeal accompanied by supporting documentation. This letter must be submitted within 30 days of the completion of the semester for which they are appealing. Appeals are reviewed monthly by an established committee.
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