Student Rights & Responsibilities
Student Rights & Responsibilities
Financial Obligations
Students must meet all financial obligations to the College by established deadlines. A student who fails to satisfy accounts by due dates, will be assessed a late fee (equal to 10 percent of unpaid balance). Students who do not meet financial obligations will be ineligible for any service from the College, including instruction, scheduling, diplomas and transcripts, and future participation in the College's Deferred Payment Plan. Available balances in other campus accounts, such as Meal Plans and security deposits, may also be used to meet financial obligations to the College. Delinquent accounts may be turned over to a collection agency at the end of the semester. Termination or withdrawal from Penn College or nullification or adjustment of financial aid awards will not alter the student's financial obligations to the College.
Late Tuition Payment = $50 Late Fee
Payment must be received in the Bursar’s Office/Student Accounts by the due date, not just mailed or postmarked. A $50 late fee will be charged to the student’s account if the payment is received after the due date.
Deferred Payment Plan
Qualified students may participate in the Penn College Deferred Payment Plan. The Plan requires an enrollment fee of $30 plus a minimum down payment of 40 percent of the student's balance for tuition, housing, and related fees. The student's remaining balance must be paid in two equal installments within the first eight weeks of the semester. A student may enroll in the Deferred Payment Plan at the time of registration, when the student's course load and fees are known. Optional charges included on the tuition bill for meal plans and parking permits must be fully paid at the time of registration and cannot be included in this plan.
The College shall not knowingly accept a partial payment from any student except as required for tuition deposits, financial aid plans, or within the guidelines established by College policy for the Deferred Payment Plan.
Methods of Payment
Penn College accepts cash, checks, money orders, eCheck (electronic withdrawal from checking or savings account), and credit cards (MasterCard, Discover, and American Express) for payments of tuition and fees.
