catalog2015-16

Payment Plans
Term Plan – The net charges for the Fall Term are to be paid in full by August 14, 2015. The Spring Term net
charges are due by December 23, 2015. There is no carrying fee associated with this plan.
The TuitionPay Plan – This plan offers a 12, 11 or 10 month payment option. This program is interest free with
the first payments due on April 27, May 27 or June 27, depending on which plan option is selected. Monthly
payments are made to TuitionPay based on the amount contracted. There is a $55.00 annual enrollment fee.
Caution: Contracting with TuitionPay for the incorrect amount of tuition and fees may result in additional amounts being owed.
Refunds
If a student withdraws from the College, a refund/reduction of charges will be made based on the following
schedule for the respective fourteen-week terms:
Fall Term
Aug. 31-Sept. 6: 80% Refund
Sept. 7-13: 60% Refund
Sept. 14-20: 40% Refund
Sept. 21-27 20% Refund
Sept. 28 and after: 0% Refund
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Spring Term
Feb. 3-9: 80% Refund
Feb. 10-16: 60% Refund
Feb. 17-23: 40% Refund
Feb. 24-Mar. 1: 20% Refund
Mar. 2 and after: 0% Refund
Institutional and Kentucky financial aid credits may be adjusted as a result of any decrease in charges based on the
above table due to withdrawal from the College. If a student violates the terms and conditions of the student
housing contract or other College regulations, and such violation results in disciplinary action which includes some
form of suspension or expulsion, this refund policy does not apply and the student will be held liable for the full
charges for that term. Recipients of federal and state financial aid are subject to the federal “Return of Title IV
Funds” policy, which mandates how funds are to be refunded. A copy of this policy is available in the Finance
Office.
Other Financial Information
Student billing statements are mailed to the student at his/her permanent address. If a campus or alternate billing
address is required, a form containing such information must be completed by the student in the Registrar’s Office.
Interest will accrue at the rate of one and one-half percent on the last business day of each month on the unpaid
balance. This does not apply to students who have contracted with TuitionPay and are paying by the terms of the
contract. Once the TuitionPay contract is complete, interest will accrue as stated above. A student’s account must
be paid in full before any monies are accepted for the next year’s CentreTerm trip deposits. Exceptions are any
amounts contracted with TuitionPay.
A student cannot receive official certifications, including transcripts and grades, from the College if he/she is
delinquent with any financial obligation to the College. Additionally, a student will not be permitted to participate in
any pre-registration activities if there are unpaid balances owed to the College. If an unpaid balance remains after
the student has graduated or withdrawn, the student will be responsible for all attorney fees and other reasonable
collection costs and charges necessary for the collection of the unpaid balance.
Normally, the comprehensive fee is assessed for all regular, degree-candidate students, including students permitted
by the Associate Dean and the Dean of Student Life to drop to part-time status. (See the “Classification of
Students” section under “Academic Services and Policies” for restrictions on part-time enrollment). An appropriate
part-time tuition rate is assessed for part-time students (fewer than 12 credit hours in the long term) only under the
following circumstances:
1. For special students (non-degree candidates);
2. For regular, degree candidates enrolled for a ninth long term or longer following eight long terms of full-time