Tuition and Fees
General
Yes, via Web Services.
The College accepts cash, checks, money orders and most major credit credits. MasterCard, Discover, Visa and American Express are accepted in the Business Office by phone and on-line via Web Services.
Yes. The College accepts MasterCard, Discover, Visa and American Express on-line via Web Services.
The College does not currently offer a payment plan for students enrolled in the New Dimensions Program.
Cash and Direct Bill payers are billed four weeks before the start of class. Financial Aid recipients are generally billed in accordance with the schedule outlined on their Financial Aid award letter.
Satisfactory financial arrangements need to be in place two weeks before the start of classes; the balance after estimated Financial Aid must be paid in full. Students are not allowed to attend class unless financial arrangements are in place.
Any refund will be calculated according to the College’s refund policy. Failure to attend class or merely giving notice to the instructor does not constitute an official withdrawal and may result in a penalty grade, a charge to your account, and return of financial aid, resulting in an owing balance.
To drop a course you must contact your Academic Advisor. Financial Aid recipients should contact the Financial Aid Office before making any enrollment changes as thier financial aid may be affected.
No. A student will not receive grade reports, be provided a transcript of one’s record, or receive a degree unless the Treasurer certifies that all financial obligations to the College have been satisfied.
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.
A degree completion fee of $150 is assessed to all students completing their degree requirements. This fee covers the expense of awarding degrees, recording transactions, and graduation activities. This fee must be paid regardless of participation in the graduation ceremonies or actual receipt of the diploma.
The $150 degree completion fee is due and payable once billed by the Business Office. Checks can be made payable to Albertus Magnus College.
Students who have direct billing as a payment option must submit their company letter to the School of Professional and Graduate Studies office when they register for classes. A current letter is necessary to verify continued employment and tuition remission as an ongoing benefit. Depending on their place of employment, Direct Billing students may have to pay for computer lab/art fees and/or for their application fees. Direct Billing students are also responsible for late registration fees, change of course fees, and any tuition costs resulting from dropping a course after the 100% refund period.
All assistance must be reported to the Office of Financial Aid during the financial aid application process.