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Course Descripons - The Art Institutes

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Administra� ve & Financial Services<br />

Merit recogni� on Scholarship (MrS) Program<br />

Students who ranked in the top fi ve percent in high school at the end of the third semester before gradua� on, or scored<br />

among the top fi ve percent of scores in the ACT, SAT, or Prairie State Achievement Exam, may be eligible to receive a $1,000<br />

Merit Recogni� on Scholarship (MRS). This scholarship can be used to help pay for tui� on, fees or other educa� onal expenses<br />

at any approved Illinois ins� tu� on or one of the na� on’s four approved Military Service Academies.<br />

Accoun� ng Department<br />

At the � me of the ini� al enrollment, the student develops an es� mated fi nancial plan demonstra� ng the ability to meet<br />

all the expenses involved in the educa� on process (tui� on, fees, supplies, costs of living, etc). <strong>The</strong> Accoun� ng Department<br />

maintains student billing and payment records.<br />

<strong>The</strong> student or parents/guardians (where applicable) receive payment no� ces as outlined on their es� mated fi nancial plan.<br />

<strong>The</strong> payments are due on or before the date noted on the fi nancial plan. All payments must be current prior to registra� on<br />

and entry for the following quarter.<br />

113 Financial Services

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