2013–2014 UNIVERSITY CATALOG - Florida Institute of Technology

TUITION AND FEES
Tuition and other charges for 2013–2014 will be finalized and approved
by the university’s board of trustees in January 2013, and will be
available thereafter at www.fit.edu/registrar/registration/tuitionchrgs.
php. Tuition and other charges may also be obtained by contacting
the Office of Student Financial Services.
Tuition for full-time Melbourne campus undergraduate students
(12–19 credit hours) is charged on a flat rate by semester basis. Flat
rate by semester tuition rates apply to the fall and spring semesters
only. Melbourne campus undergraduate students registering for more
than 19 semester credit hours pay per credit hour for the excess
credit hours in addition to the semester flat rate. Summer tuition
and tuition for part-time undergraduate students and all graduate
students, except those seeking the Psy.D. degree, is charged on a
credit hour basis.
Florida Tech University Online and extended studies students pay
tuition on a per-credit-hour basis.
For students enrolled in flight courses, flight fees are charged in addition
to tuition, through deposits made to the flight fees portion of the
student’s Panther card account (see “Panther Access Card ID and
Debit Account” in this section). Flight training in all ratings is also
offered to those who desire to proceed at an accelerated or slower
pace relative to the AVF sequence. For information on courses and
prices, please contact FIT Aviation LLC, 801 Harry Goode Way,
Melbourne, Florida 32901.
Payment Policies
Students are assessed tuition and fees based on the locations and
programs in which they are enrolled and the degrees being pursued.
Students enrolled and pursuing degrees on the Melbourne campus
are assessed the Melbourne campus tuition and fees.
Students enrolled and pursuing degrees through extended studies are
assessed extended studies tuition and fees.
Students enrolled in programs and pursuing degrees through Florida
Tech University Online 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 appropriate to the
student’s admission status online at www.fit.edu or in the payment
and fees policy at www.fit.edu/registrar/registration/paymentpolicy.php
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
20 Florida Tech 2013–2014
the university’s payment policy for Melbourne campus students can
be found online or in the printed Schedule of Classes 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
Melbourne Campus
A nonrefundable tuition deposit of $300 is required of each new
full-time Melbourne campus 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.
The cost of books should not be included in payments mailed to the
university. Books and supplies are available at the university bookstore
and can be purchased by cash, check, approved credit card or the
Panther Access Card Debit Account. Students in aviation programs
can obtain books at FIT Aviation by Panther debit card, check or cash
purchases. Students may view their current account statement online
through their student account.
Extended Studies Students
An account is established for each student on receipt of the application.
The student’s name and number are used for account identification
and should be included on the face of each payment check to ensure
proper credit to the account. Students who pay more than the required
amount can have the excess refunded or credited to their accounts.
All expenses, including tuition and fees, are due and are to be paid
by each extended studies student at the time of registration unless
specifically exempted.
Students may be registered and attend classes without payment at the
time of registration if the student is sponsored by his employer who
will make payments directly to the university and the employer has
furnished a letter to the local Florida Tech office accepting unconditional
liability for all charges not paid by the student, regardless
of whether or not the student completes the course or achieves a
minimum grade for the course; the student has a scholarship, loan
or grant covering 100 percent of all costs that will be paid directly to
the university by a sponsor who has made written notification to the
local Florida Tech office in advance of the student’s eligibility and
acceptance; or the student is eligible for a deferred payment of tuition
through an approved payment plan.
Registration is made final only upon satisfaction of all charges. The
university reserves the right to deny admission or to drop any student
who fails to promptly meet his or her financial obligations.