2010-2011 HBU Catalog - Houston Baptist University
2010-2011 HBU Catalog - Houston Baptist University
2010-2011 HBU Catalog - Houston Baptist University
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FINANCIAL SERVICES<br />
<strong>HBU</strong> is a nonprofit educational institution and receives contributions from the <strong>Baptist</strong> General Convention of<br />
Texas and from <strong>Baptist</strong> churches, gifts from the local business community, and gifts from interested individuals<br />
and foundations. The tuition and fees paid by the undergraduate student cover only approximately fifty percent of<br />
the instructional and operating costs of the <strong>University</strong>. Though graduate students bear a proportionately higher<br />
percent of costs, their education is heavily underwritten by the <strong>University</strong>‘s development program.<br />
The <strong>University</strong> reserves the right to change tuition, fees, and charges should conditions make it necessary.<br />
Financial Services is open for business from 8:00 a.m.-5:00 p.m. Monday through Friday.<br />
TUITION AND FEES<br />
Information regarding undergraduate and graduate tuition and fees can be found on the worldwide web at<br />
www.hbu.edu (click on <strong>HBU</strong> Quick Info). Or, you may call 281/649-3471 to have information sent by mail.<br />
PAYMENT OF ACCOUNTS<br />
Tuition, room, board and fees are due and payable at the time of registration. Students who priority register must<br />
complete their arrangements with Financial Services no later than one week before the first day of classes to<br />
prevent a late fee from being charged. However, <strong>HBU</strong> does provide a deferred payment plan for the convenience<br />
of students and parents. (There is a per semester fee to utilize the deferred payment plan.) The basis of the plan is<br />
as follows:<br />
The total expenses of the semester (less any financial aid) are divided into five equal payments with the first<br />
payment one month before classes start. The balance is then due over the following four months.<br />
Payments made in person may be in the form of cash, check, money order, MasterCard, Visa, Discover Card, or<br />
American Express. In addition, credit card payments are accepted by telephone during business hours.<br />
Fees for tuition, room and board become the responsibility of the students in accordance with the refund policy<br />
below. Failure to make payments of any indebtedness to the <strong>University</strong> when due, including but not limited to<br />
tuition, housing or rental charges, student loans, special fees, library or parking fines, is considered sufficient<br />
cause, until the debt is settled with the appropriate office to (1) bar the student from classes, (2) withhold diploma<br />
or transcript, and (3) suspend the student. This policy will be equally enforced against debts discharged through<br />
bankruptcy, as far as the law allows.<br />
REFUND POLICY<br />
The <strong>University</strong> plans its expenditures for the year based on the anticipated attendance of students enrolled. Its<br />
instructional and operating costs are not reduced by the withdrawal of a student after a semester has begun.<br />
A student who withdraws completely (except summer sessions) will receive a refund on tuition and fees (except<br />
non-refundable fees) in accordance with the following schedule:<br />
Fall, <strong>2010</strong><br />
100% Through August 22, <strong>2010</strong><br />
90% August 23-29, <strong>2010</strong><br />
75% August 30-September 5, <strong>2010</strong><br />
50% September 6-8, <strong>2010</strong><br />
0% September 9-December 18, <strong>2010</strong><br />
Spring, <strong>2011</strong><br />
100% Through January 9, <strong>2011</strong><br />
90% January 10-17, <strong>2011</strong><br />
75% January 18-23, <strong>2011</strong><br />
50% January 24-26, <strong>2011</strong><br />
0% January 27-May 14, <strong>2011</strong><br />
<strong>2010</strong>-<strong>2011</strong> <strong>HBU</strong> <strong>Catalog</strong> www.hbu.edu/catalog Page 33