Undergraduate Tuition FAQs
You can view your account through the Web Services/My Account tile of the myAlbertus portal. Click on View My Statement and then OK.
On or around June 1st for the Fall Semester and November 1st for the Spring Semester
August 1st for the Fall Semester and January 1st for the Spring Semester.
Yes. The College offers a monthly payment plan through Transact, allowing you to make convenient, interest-free monthly payments. The plan is accessible through the Transact Student Account Portal, available via the myAlbertus portal under the “MyAccount/SelfService” tile.
Satisfactory financial arrangements must be in place on or before the due date. This includes either paying the balance in full or enrolling in a monthly payment plan through Transact, which can be accessed via the myAlbertus portal under the “MyAccount/SelfService” tile. The balance after estimated financial aid must be fully covered through one of these options.
Students who do not meet their financial obligations may be subject to the College’s late fee policy and may not be permitted to attend classes, reside in campus housing, participate in athletics, or use campus facilities. In addition, students with unpaid balances will not be able to register for future terms or receive official transcripts or a diploma.
Albertus Magnus College requires all full-time students to carry health insurance. International students are required to enroll in the school based insurance.
United States based students may enroll in or waive off of the College-sponsored accident and sickness policy. You must waive the student health insurance annually at gallagherstudent.com/albertus by the deadline. Students are automatically billed for the student insurance. You must show proof of adequate U.S. based coverage to Gallagher Koster in order to waive the College-sponsored policy in order to reverse the charge on your bill.
Financial Aid recipients with excess federal funds (have a projected credit) may be eligible for a Title IV book voucher: Book vouchers will be issued by the Business Office one week prior to the start and during the first two weeks of each semester, for those who qualify. Students may request an amount equivalent to his/her projected credit for the term, not to exceed $450.00
Albertus Magnus College is committed to protecting the privacy of our student education records. In compliance with the Family Educational Rights and Privacy Act of 1974 (FERPA), the College generally will not share student academic and/or financial records with third parties, including parents, without student consent.
Students can choose to allow Albertus Magnus College to disclose education and/or financial information to certain individuals. To grant permissions, students need to click Add Parent/Guardian/Employer under the My Account/Web Services tile of myAlbertus.
Yes. Full-time day students of Albertus Magnus College holding junior or senior standing may enroll in the Albertus Magnus College Accelerated Degree Program courses, but the adviser and Vice President for Academic Affairs or the Academic Dean must approve them first. For billing purposes, these courses will be considered part of the student's overall load and will be billed at the full-time day program rates (including overload rates for more than 18 credits in any one semester).
Yes. During Summer MOD 5, a day student is allowed to take no more than a grand total of six credits at the Accelerated Degree Program tuition rate. Beyond six credits in the same Summer Mod or subsequent Summer Mods, the student will be required to pay the day program tuition rate.
No. A student will not receive grade reports, be provided an official transcript of one's record, or receive a degree unless the Business Office certifies that all financial obligations to the College have been satisfied. Any student who is in default on a National Direct Student Loan taken at Albertus Magnus College will only be issued an unofficial (without the College seal) transcript.
The Internal Revenue Service ("IRS") requires Form 1098-T to be mailed by January 31 to all students who had qualified tuition and other related educational expenses paid during the previous calendar year. The information reported on Form 1098-T is intended to help students evaluate their eligibility for education tax credits as part of their Federal Income Tax Return. It is up to the student to determine eligibility for the credits and how to calculate them. More information can be found in IRS Publication No. 970, Tax Benefits for Education. The College utilizes Box 1 to report qualified tuition and related expenses that were paid during the tax year.