Financial Policies

Tuition

The annual tuition rate covers a normal load of 24 to 36 hours for the academic year, which includes Fall Semester, Spring Semester, and January Term. Overload charges will be assessed when:

  • total attempted hours for the semester exceed 18
  • total attempted hours for the academic year exceed 36

When a student is enrolled for only one semester during the academic year, charges for credit hours attempted during the January Term are calculated at 50% of the per credit hour rate. Room and board charges, if applicable, are prorated.

Students registered for fewer than 12 hours during a semester (part-time students) are billed at the per credit hour rate rather than the semester rate. In certain circumstances, qualified part-time students may be eligible for financial aid Federal Title IV Aid. Maryville College Institutional Aid is not available to students registered for fewer than 12 hours.

Payment Policy

Annual charges for tuition, fees, room, and board are divided into two semester rates. Tuition, fees and all other College charges are due and payable by August 8 for Fall Term and by January 8 for Spring Term. A bill is mailed to the student four to six weeks before the payment due date. It is the student’s responsibility to make arrangements for payment in full including completing the necessary documents for scholarships, grants, and loans before the payment due date.

Business Office and Financial Aid Office staff is available to assist students in financial planning.

Costs

For 2008-2009, the basic annual costs are:

  • Tuition = $26,272
  • Fees = $675
  • Room = $4,120
  • Board = $4,120

A schedule of miscellaneous fees is available upon request in the Business Office.

Refund Policy

Institutional Charges and Institutional Aid

No refunds are made for a change from full-time to part-time status after the first week (5 days) of classes. Maryville College institutional charges (tuition, room and fees) will be refunded as follows:

First time students

Withdrawal date Refund percentage
Within 11 calendar days of first day of classes 90%
Within 12-21 days 80%
Within 22-31 days 70%
Within 32-42 days 60%
Within 43-52 days 50%
Within 53-63 days 40%
After 63 days No refund

Returning students

Withdrawal date Refund percentage
Within 7 calendar days of first day of classes 90%
Within 8-14 days 80%
Within 15-21 days 70%
Within 22-28 days 60%
Within 29-35 days 50%
Within 36-42 days 40%
After 42 days No refund

Federal Title IV Aid

In compliance with federal regulations promulgated under the Higher Education Act, a student who withdraws officially from Maryville College and who is receiving Title IV Federal Aid will earn their aid through the 60% point in the enrollment period. After the 60% point of the period of enrollment, 100% of the Title IV aid is earned. Title IV aid that is not earned is returned to the agency from which the assistance was received. The calculation for Federal Title IV funds earned by a student has no relationship to the student’s incurred institutional charges.

Any student considering a withdrawal should contact the Maryville College Financial Aid Office for more information on the return of Title IV funds.

Summer School refunds are prorated. A prorated refund of board charges for the remainder of the semester and for summer session will also be given to both first-time and returning students.

A withdrawal becomes effective when the withdrawal form, properly signed, is filed with the Office of Student Development or the day the College determines the student last attended a class. Students who are dismissed from the College for disciplinary cause are not eligible for a refund of institutional charges. Students who receive financial aid will have part or all of their refunds, as required by refund formulas, credited to the programs from which the awards were made.

Requests for medical withdrawal from the College are made to the Vice President and Dean of Students (Student Development). For a request to be considered, the following conditions must be satisfied:

  • The student’s medical condition developed or became more serious during the semester in question.
  • The medical condition is significant to the point that it is the primary reason the student can not attend classes and/or complete required work.
  • The student provides documentation that he/she is under the care of a licensed physician or licensed mental health professional.
  • Students considering medical withdrawal from the College should note the following:
  • Medical withdrawals are granted in extreme cases only and are taken to be “last resort” measures,
  • they are not granted if requested after the last day of classes in a given semester,
  • they are subject to the Refund Policy printed in the College Catalog and Student Handbook, and
  • the grade of “W” is recorded for each course offered.

« Back