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B.S. in Actuarial Science

Otterbein University Course Catalogs

2013-2014 Graduate Catalog 
    
    Apr 24, 2024  
2013-2014 Graduate Catalog [Archived Catalog]

Tuition and Fees


Schedule of Fees
Fee Payment Policies
Payment of Fees and Payment Plans
Refund Schedule

Schedule of Fees for Academic Year 2013-2014

 A complete list of fees may be accessed via the University website here.

Fee Payment Policies

At the time a student formally registers for classes, either by signing and submitting the appropriate registration forms to the Registrar’s Office, or by registering online through the University’s website, the student agrees to abide by the University’s official policies concerning the adding and dropping of classes and complete withdrawal from the University. The student also agrees to assume the responsibility for understanding the University’s official policy concerning schedule changes and satisfactory academic progress which may result in additional charges or the loss of eligibility for certain types of financial aid. It is considered the student’s responsibility to understand how these changes can affect his/her financial situation with regard to financial aid eligibility.

All accounts not paid in full by the first day of each term are subject to a late payment fee in addition to monthly interest at a rate of 1.5 percent per month. All sources of financial aid not received by the first day of each term are subject to late charges and interest. Therefore, all financial assistance should be applied for prior to July 1 to help ensure timely receipt.

All accounts must be paid in full (and, if appropriate, loan exit interviews completed) in order for students to enroll in succeeding terms, to participate in graduation ceremonies, or to receive copies of certificates, diplomas and transcripts. Otterbein reserves the right to recover all costs involved with the collection and/or litigation of delinquent accounts, including collection costs to Otterbein by outside collection agencies, and/or the costs of litigation.

If an account must be sent to collection or litigation due to nonpayment of the outstanding balance, the University reserves the right to demand payment in full of subsequent terms of enrollment, prior to the beginning of each term to ensure enrollment. The University reserves the right to cancel the registration of any student if the balance due from the current term or a previous term remains unpaid at the start of a subsequent term.

Student receivable accounts are considered to be educational loans provided for the sole purpose of financing an education at Otterbein University, a non-profit institution of higher learning.  As such, student receivable accounts are not dischargeable under the provision of the laws governing either Chapter 7 or Chapter 13 bankruptcy actions.

The University reserves the right to demand payment in the forms of a certified check, money order, cash, or credit cards in the event that one or more checks have been returned unpaid for any reason.

Payment  of Fees and Payment Plans 

Fees may be paid by check, debit or credit card in person (at the Business Office, 25 W. Home St.), online through ePAY, or by mail (payments must be received by the due date).

In recognition of the fact that many adult students must carefully plan their finances to manage a household budget, two convenient payment plans are available through ePAY. Both plans are an alternate to paying all fees in full by the payment due date. Forms for these two payment plans are available at the Registrar’s Office and the Office of Graduate Programs. They may also be printed from the College’s website here. If you choose to use one of these plans, please make arrangements before the beginning of the semester. MasterCard, Visa, and Discover are accepted.

Four-Part Payment Plan
You may divide your tuition and course fees into four payments. At least one fourth of your tuition will be due by the payment due date. The remaining balance will be payable in three payments due one month apart. There is a small service charge for this payment option.

Deferred Payment Plan
If you qualify for your company’s tuition reimbursement program, this plan will allow you to defer most of your tuition until the end of the semester. There is a small service charge for this payment option.  To ensure eligibility for this plan, you may be asked to submit verification of tuition reimbursement from your employer.

For students enrolled prior to Fall 2013:
For 2013-2014, all fees and charges are due by the end of the first day of classes for each term, or the student may select a payment plan through ePAY.. Students not paid in full or current in a payment plan on the due date will have their registration for that term cancelled. Students who select the payment plan must be paid in full by the last day of classes for each term or their registration for the following term will be cancelled. Students who select the payment plan must be current with their payments in order to register for the following term/year.
 

2013-2014 Due Dates
Fall 2013: August 26, 2013
J-term: January 6, 2014
Spring 2014: January 27, 2014
Summer 2014: May 13, 2014

Beginning with Summer 2014 and beyond, all fees and charges are due two weeks prior to the beginning of each term.
 

For students new to Otterbein and enrolled for Fall 2013 and beyond:
All tuition and academic fees are due fourteen (14) days prior to the start of each academic term. Fees may be paid in full, or students may select a payment plan through ePAY. Students not paid in full or current in a payment plan on the due date will have their registration for that term cancelled. Students who select the payment plan must be paid in full by the last day of classes for each term or their registration for the following term will be cancelled. Students who select the payment plan must be current with their payments in order to register for the following term/year.
 

2013-2014 Due Dates
Fall 2013: August 12, 2013
J-term 2014: December 23, 2013
Spring 2014: January 13, 2014
Summer 2014: May 13, 2014

International students (those students requiring a visa to attend) must pay in full by the due date. These students are not eligible for the payment plan.

 

Refund Schedule for Academic Year 2013-2014

 The refund schedule may be accessed via the University website here.