Tuition

Tuition Lock/Refunds

Undergraduate Tuition Lock

$880

At a minimum, Tuition Lock Program participants are assured of tuition savings at least equal to the amount of the Lock Fee over four years, with potential savings of up to three times the Lock Fee.

Eligibility

Only freshman in their entering year are eligible. To lock in a fixed rate, students pay a non-refundable fee in full with their first tuition payment at the beginning of the academic year (fall) or by the College’s first billing in January. The amount of the fee is based on 80% of the projected tuition savings for the sophomore (2nd year) and junior (3rd year) years as determined by the College according to its revenue projection plan. If the student waits to lock until the January deadline, a “late lock” charge of an extra 10% will be added to the published Lock Fee.

Tuition Savings

At a minimum, Tuition Lock Program participants are assured of tuition savings at least equal to the amount of the lock fee by the end of their senior year (4th year). Likewise, a cap is placed on the amount of tuition savings that can be realized through the program. If the cumulative tuition savings in the participant’s 2nd, 3rd, and 4th years more than triples the amount of the student’s paid lock fee, a Tuition Adjustment Fee may be applied for the tuition savings amount that exceeds the cap in the fourth and fifth years.

Tuition Lock Fee is not refundable

The Tuition Lock Fee is non-refundable. Students who leave the College leave the Tuition Lock Program. If they re-enroll at a later date, they will be responsible for paying the full published tuition rate current at the time of their (re-) enrollment.

Allowance for Retaining Lock During an Extended Absence

The Tuition Lock Program gives students five years to complete their degree. In extending the program one year beyond the typical four-year degree program, the College assumes five continuous years of enrollment. However, circumstances occasionally prevent a student from finishing a degree without interruption. If a student desires to take a one-year absence from classes with the intention of returning, they may do so within the five –year period of the Lock Program. To exercise this allowance, they must:

• Notify the Bursar in writing of his or her intention by the end of the current school year.
• Sign a new tuition agreement indicating a payment plan for the sabbatical year (75% of the current year tuition) approved by the Bursar.
• Pay the remaining balance must be paid in full by July 1st prior to the start of the upcoming school year.

These payments are non-refundable and will apply directly to the tuition for the year following the sabbatical year. This allowance can only be applied to one year of absence for each student.