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Next: Other Fees and Charges Up: Financial Information Previous: Financial Information
Rates and Charges
The handling of money is an educational experience, and for this reason College business affairs are usually conducted directly with the student. Accounts must be paid promptly for the student to remain in the College.
Although the academic year (September through May) contains nine terms, full-time degree candidates are charged tuition, activity fees, room and board for only eight of these terms. If the student is enrolled for eight terms in the same academic year, he or she may take the ninth term at no additional cost. The total charges listed below do not include such additional expenses as books, music lessons, and student practice teaching (see ``Other Fees and Charges''). There are no refunds or adjustments for vacation terms.
| Rates and Charges for the 1998-99 Academic Year | |||||
| Terms | Activity | ||||
|---|---|---|---|---|---|
| Enrolled | Tuition | Fee | Dining | Residence | Total |
| 9 | $18,300 | $140 | $2,710 | $2,285 | $23,435 |
| 8 | 18,300 | 140 | 2,710 | 2,285 | 23,435 |
| 7 | 16,075 | 125 | 2,410 | 2,035 | 20,645 |
| 6 | 13,845 | 110 | 2,100 | 1,780 | 17,835 |
| 5 | 11,600 | 95 | 1,780 | 1,515 | 14,990 |
| 4 | 9,335 | 80 | 1,450 | 1,240 | 12,105 |
| 3 | 7,050 | 60 | 1,110 | 950 | 9,170 |
| 2 | 4,735 | 40 | 755 | 645 | 6,175 |
| 1 | 2,390 | 20 | 380 | 325 | 3,115 |
The annual charges are payable in full on July 20 for students entering or returning in Term One or Two. The scheduled charges above are payable in full prior to the beginning of the student's first term if the student enters or returns in a term other than Term One or Two. The College offers monthly payment plan options in cooperation with Tuition Management Systems (TMS). Enrollment information is mailed to the home address and the initial payment (including the payment plan participation fee) and application form are sent directly to TMS. Payments may be made directly to the College by enrolling in the semester payment plan option. The first half is due July 20 and the second half is due December 20. Through the combined use of a deferred payment plan and student loans, College expenses may be met by monthly payments extending over four, five, or even 15 years. The deferred payment plans referred to above are reviewed annually and are subject to change each year.
Grade reports, transcripts, and other official statements or certifications will not be issued for a student who has past due financial obligations to the College, nor will a diploma be granted to any student who has failed to settle her or his college bills. Students whose accounts are delinquent at the end of any term may not be allowed to enroll in the following term.
The annual tuition and fees usually cover tuition charges for off-campus programs, but an additional charge will be made if costs to the College exceed the regular tuition. Students who participate in a second-semester off-campus program numbered in the 900s in this Catalogue and then return to campus to take a course in the ninth term will normally be charged only for Room and Board for one term; however, students who have not been enrolled at Cornell for the preceding eight terms will also be charged tuition for that term.
The charges for the ensuing year are usually announced by March 1. In the event of unusual fluctuations in operating costs, the administration reserves the right to revise the rates. Student tuition at Cornell College meets about two-thirds of the educational costs. The College obtains the other one-third each year from gifts and from earnings on invested endowment funds.
Next: Other Fees and Charges
Up: Financial Information
Previous: Financial Information
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