2008–2009 - Florida Institute of Technology

Students enrolled and pursuing degrees through University
College are assessed the University College tuition and fees.
Students enrolled in programs and pursuing degrees as part of
a partnership arrangement with another entity are assessed the
tuition and fees approved by the partnership.
In determining the amount due each semester, students may
subtract any scholarships, loans or grants that are made directly
payable to the university. Students may also subtract any payment
plan (e.g., corporate reimbursement plan) under which payments
are made directly to the university by sponsoring organizations,
and for which the university has been notified in writing of the
student’s eligibility and acceptance. The student is responsible
for submitting all necessary paperwork and meeting all conditions
on time.
All expenses, including tuition, fees, room and board, must be
paid on or before the date shown in the academic calendar in this
catalog and online at www.fit.edu/registrar/calendar or in the
payment and fees policy at www.fit.edu/registrar/paymentpolicy
each semester. Payments should be made online through the
Panther Access Web System (PAWS) using the TRACKS account
username and password established for each student after receipt
of deposit and confirmation of intent to attend. Payments sent by
mail should be mailed at least 10 days in advance of the payment
due date to assure receipt by the payment deadline. Additional
information regarding the university’s payment policy can be
found in the Schedule of Classes printed each semester. Payments
should be addressed to Florida Institute of Technology, Office of
the Controller, Attention: Student Accounting, 150 W. University
Blvd., Melbourne, FL 32901-6975.
Student Accounts
A nonrefundable tuition deposit of $300 is required of each new
full-time student to signify intent to enroll in a given semester
and to ensure that the university reserves space in its classes.
The deposit is applied to the first semester bill. It is considered a
service fee covering the administrative cost of the matriculation
process and is nonrefundable, should a student fail to register
and/or enroll for the term accepted.
On payment of the initial tuition deposit, an account is established
in the accounting office for the student, using the student’s
name and the student number assigned by the university as the
account identification. Parents desiring to remit payments to the
university by mail are encouraged to do so provided the payment
is mailed to the attention of student accounting in time to
reach the university by the due date. All checks should show the
student’s name and last four digits of the student number on the
face of the check to assure proper credit to the student’s account.
If more money than required is remitted, any excess may be
refunded or may be left on deposit for the next semester. All
refunds will be paid to the student unless otherwise advised in
writing. Requests for refunds must be submitted in writing, and
will be honored starting on the 10th day following the start of
each semester. The cost of books should not be included in payments
mailed to the university. Books and supplies are available
at the college bookstore and can be purchased by cash, check,
approved credit card or the Panther Access Card Debit Account.
A student may charge bookstore purchases to his or her account
with the university, provided it contains sufficient funds to cover
such purchases. Students in aviation programs can obtain books
at F.I.T. Aviation by Panther debit card, check or cash purchases.
Students may view their current account statement online
through their PAWS account.
Time Payment Plan
Time payment plans are offered through FACTS Tuition
Management (Nelnet Business Solutions). Information about the
plans may be found online through PAWS.
Registration Payment Deadline
Registration is final only after satisfying all financial obligations.
A student who is unable to pay by the due date, and has not made
prior financial arrangements with the bursar’s office, may have his
or her registration canceled and the class seats made available to
other students. The academic calendar in this catalog and online
at www.fit.edu/registrar/calendar lists registration deadlines.
Delinquent Accounts
Each semester, students must meet all financial obligations due
to the university, including tuition, fees, traffic/parking fines,
library fines, etc. Tuition, housing, board and other charges are
subject to audit at any time throughout the academic career of
the student. Students who do not make acceptable financial
arrangements to pay after they have been notified of the amount
due could have their current registrations canceled.
Students with delinquent accounts are not permitted to enroll in
succeeding semesters, are not entitled to transcripts and will not
be permitted to graduate until they have met all of their financial
obligations to the satisfaction of the university. Additionally,
student accounts with a balance due may be subject to finance
charges and other fees.
Refund Policy
Florida Tech provides for a fair and equitable refund policy
that meets all applicable federal guidelines governing refunds
for tuition, room, board and applicable fees as published in the
Federal Register. The refund policy is published in the Schedule of
Classes before the start of each term.
Panther Access Card ID and Debit Account
The Florida Tech identification card is an integral part of an
electronic access system that provides a variety of services to
the student. It is required to register for classes, check materials
out of Evans Library, conduct business with the cashier in the
bursar’s office, attend many university functions, and serves as a
control for the various meal plans. The Panther Access Account
is a convenient and cost-effective way to manage expenses while
attending Florida Tech. These funds are always available and
the card can be used at all food service locations, bookstore, soft
drink and snack machines, washers and dryers, copy machines
and printers. In addition, the card is used for after-hours access
to many academic labs and other locations in campus facilities.
Funds may be pre-deposited or added at any time from the
SUB Café and Deli, Rathskeller, Center Court or Evans Dining
cashiers, bursar’s office, Campus Services Office or the automated
cash-to-card machine located in the library. For additional
information, please contact the campus services office
at (321) 674-8076.
Financial Overview 19