Financial Responsibilities
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 1 for the fall term and by December 7 for spring term. Billing statements are available via each student’s Self-Service account approximately three weeks before the payment due date. Any outstanding account balance not paid by the published due dates will be considered past due and will incur an $100 late fee. If an online payment or check tendered for payment is not honored by the bank due to nonsufficient funds (NSF), it will not be redeposited, and a $35 fee will be incurred. To cover a returned check, a certified check or money order must be sent immediately to the College for the amount due as well as the NSF fee. Postdated checks are not an acceptable form of payment.
No penalty will be imposed, including the assessment of late fees, the denial of access to classes, libraries, or other institutional facilities, or the requirement of borrowing additional funds, on any covered individual due to the delayed disbursement funding from VA under Chapter 31 or 33.
If an outstanding balance is placed with a collection agency and/or attorney for collection, the student will pay all collection fees and costs, including legal costs, in addition to the principal and interest; all such fees will be added to and become part of the judgment. Official transcripts will not be provided to students who have an outstanding balance with the College. As part of this responsibility, each student is required to sign a “Maryville College Financial Responsibility Agreement” contract at the beginning of each school year. This contract delineates the financial obligation that is incurred by attending the College, and ensures that students read, understand, and accept this commitment.
Students with credit account balances will receive a check from the Business Office. Maryville College follows Federal guidelines for the issuance of checks to students with Title IV credit balances.
Information relating to the refund policy for withdrawing students is located in the Academic Matters, Withdrawal Procedures section of this handbook. Business Office and Financial Aid Office staff are available to assist students in financial planning.
Students are required to pick up refund checks in the Business Office. Proper identification and a signature are required. It is the responsibility of each student to protect these payments, so if a student misplaces a check and a reissue is requested, a $35 stop payment fee will be assessed.
For more information or assistance concerning payment of fees, please contact personnel in the Business Office located in Fayerweather Hall, Rm 110 or by calling 865-981-8249 or 865-981-8147.