Finances and Student Accounts
Office Hours – The business office is open Monday – Friday, 8:30 AM – 4:30 PM. The office is closed for holidays. Appointments may be arranged by calling 607.442.4878.
Payroll Checks – Student workers are paid on the fifteenth and thirtieth of each month.
Student Payroll Deductions – Student workers may request that their pay be applied directly to their student account. A Payroll Deduction Form can be completed by the student and processed by human resources. In the event a student has not made satisfactory payments on their account, Davis College reserves the right to apply a student’s payroll to any unpaid balance regardless of whether the form has been completed. Tax Documents – W-2s and tax form 1098-T will be available to the students by January 31 for the prior calendar year transactions. If you were employed by Davis College during the previous calendar year, W-2s will be mailed to the most recent permanent address on file. Any additional requested copies of your W-2 will cost $10. If you were a student at Davis College during the last calendar year, 1098-T forms will be mailed to the most recent permanent address on file. Additional copies are available on the student’s ECSI account. Forms are filed based on the permanent address on file with Davis College. STUDENT ACCOUNT FINANCIAL TERMS Financial Responsibility – Students should have a clear understanding of their contractual financial obligations. Student accounts are expected to be paid on time and kept current. Any past due accounts must be paid in full in order to register for a new semester. If students register for a course that they do not attend, then they are still liable for tuition and fees. Fees are non-refundable after the semester has started. Payment Options – Each semester’s total tuition, housing, and fees are assessed during the registration process and are due before the first day of class. The following payment options have been instituted for the student’s convenience. A student must select a payment option as well as complete and sign the Payment Arrangement Form.
Option 1 – Fully Covered by Financial Aid: Student has a Federal Pell Grant, a Federal Student Loan, and/or another form of Financial Aid that has been guaranteed in excess of their tuition and fees.
Option 2 – Full Payment (Preferred): Full semester payment is made before the first day of class.
Option 3 – Monthly Payment Plan: A student that still has a remaining balance after financial aid and student loans may enroll in a monthly payment plan. A payment plan enrollment fee of $50/semester will be charged. This fee will be discounted if all payments are made by cash, check, or ACH. Payment Plan Policy – Payments are due on either the fifteenth or thirtieth of the month. First payment, including the payment plan enrollment fee, is due prior to the start of the semester. Payment plans not completed by the semester deadline may be subject to late fees and/or collection fees. No additional finance charges will be applied if payments remain current. Collections Policy – Students with an account balance must make satisfactory efforts to pay the amount due. In the event the account becomes delinquent, Davis College reserves the right to turn the account over to a collection agency. In such a case, the student agrees to reimburse Davis College the fees of any collection agency, which may be based on a percentage at a maximum of 33% of the debt and all costs and expenses, including reasonable attorney’s fees, Davis College incurs in such collection efforts.
FINANCES AND STUDENT ACCOUNTS
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