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Biola University
A minimum down payment of 50% is due each semester to complete enrollment, with the balance due according to the payment plan. The down payment includes 50% of the balance of tuition, class fees, room, meals, parking permit and health insurance charges less authorized financial aid. Please note that the down payment is calculated on the balance after financial aid is applied. Down payments may be estimated using the online down payment worksheet (http://catalog.biola.edu/general-information/financial- information/offices.biola.edu/accounting/costs/down-payment). Biola offers four payment options: One Payment (100%) • Payment is due in full by August 15 for Fall, December 15 for Spring, and May 1 for Summer • No fees • No finance charges
Student name and ID number must be noted on payments mailed to the University. Please be advised that your check payment may be converted to an ACH transaction. Trimester Programs Classes for part 1 of each session must be paid in full in order to attend classes for part 2 of the session. Unpaid accounts may result in administrative withdrawal from the university. Finance Charges For outstanding balances on student accounts not covered by a payment plan, a finance charge of .83% monthly (10% APR) will be assessed. Refunds: Withdrawal Inasmuch as faculty engagements and other commitments are made by the University for the entire year in advance, the following refund schedule has been established in order that the University and the student may share the loss equitably when it is necessary for a student to withdraw from school. Fall and Spring Semester Refund Policy Withdrawal within the first two weeks of classes: 1. Tuition: full amount, less enrollment deposit (students with six or fewer credits, $25; auditors, $20). 2. Room: end of the week in which the student officially checks out of the residence hall. Withdrawal after the second week and before the end of the eighth week of classes (except for special programs): 1. Tuition: pro-rated as of end of week in which student withdraws. Traditional Semester Weeks 1–2 100% Week 3 80% Week 4 70% Week 5 60% Week 6 55% Week 7 50% Week 8 45% Weeks 9–16 0%
• No payment plan necessary Two Payments (2 x 50%)
• Two payments of 50% due August 15 and September 15 for Fall; December 15 and January 15 for Spring; and April 15 and May 15 for Summer • $35 plan fee • No finance charges • A late fee of 1.0% is assessed monthly on the account balance if payments are late
• Student must enroll in the payment plan online Three Payments (50% x 25% x 25%)
• 50% due August 15, 25% due September 15 and October 15 for fall; December 15–February 15 for spring; April 15–June 15 for summer • $85 plan fee • No finance charges • A late fee of 1.0% is assessed monthly on the account balance if payments are late • Student must enroll in the payment plan online • Please note that this payment plan is not available for students enrolling in off-campus programs Four Payments (4 x 25%) • Monthly payments of 25% due July 15–October 15 for fall semester; December 15–March 15 for spring semester • $85 plan fee • Enrollment is not complete until 50% of charges less aid is received. • No finance charges • A late fee of 1.0% is assessed monthly on the account balance if payments are late • Student must enroll in the payment plan online • Please note that this payment plan is not available for students enrolling in off-campus programs. Payments may be made online or mailed to: Biola University Cashier Office
Trimester: Part I or Part II Day 1
100%
Weeks 1–2
80% 70% 50%
Week 3 Week 4
Weeks 5–7
0%
2. Room: end of the week in which the student officially checks out of the residence hall. Withdrawals after eighth week of classes: 1. Tuition: no refund. 2. Room: end of the week in which the student officially checks out the residence hall.
13800 Biola Avenue La Mirada, CA 90639
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