Payment of Student Accounts
Before the beginning of each term, the Business Office will send each student an estimated bill showing the total charges for the term and the financial aid expected to be credited to the student account for the term. The estimated bill will be mailed on June 19 for the fall term and on December 1 for the spring term. All charges for tuition, room and board are due approximately two weeks prior to the beginning of each term. Fall term balances are due August 14, 2020 and spring term balances are due January 5, 2021.
If an account is not paid in full by the due date, the College regards the account as delinquent unless satisfactory financial arrangements have been made with the Business Office. Students with accounts considered delinquent are not entitled to future registration, room, board or issuance of transcripts.
A monthly payment plan is available. For parents or students who wish to pay their account by credit card, please see a special announcement regarding Credit Card Acceptance Policies at Simpson College. In addition, students can access their account balance on line through SC Connect and make secure payments using a credit card.
Finance charges are assessed at a daily rate of 0.05% (18% A.P.R.) on the unpaid balance not covered by the payment plan. Finance charges are calculated at the end of the month and added to the student’s account.
Books are sold at the Simpson College Bookstore in Kent Campus Center and may be purchased by cash, check or credit card (MasterCard, VISA, American Express or Discover). Full-time students should be prepared to pay approximately $1339 each year for books.
Matriculation Fee and Deposit
Upon acceptance, all full-time students must pay $200 which covers the $100 matriculation fee and $100 enrollment deposit. This deposit is not refundable after May 1, 2020. The $100 enrollment deposit, however, may be refunded when enrollment terminates and all financial obligations to the College have been satisfied.
Federal regulations require credit balances created by Title IV funds to be refunded within 14 days. Students who want credit balances retained by Simpson College for the academic year must give written authorization to the Business Office.
All full-time residential students must have a board plan. Simpson College offers four board plans. The 150 Block Plan allows students to eat 150 meals in the dining hall plus $275 flex dollars per semester. The 200 Block Plan allows students to eat 200 meals in the dining hall plus $75 flex dollars per semester. The 100 Block Plan plus $250 flex dollars per semester, which is only available to commuter students and students who live in apartments and theme houses, allows students to eat 100 meals in the dining hall per semester. The Greek 150 Block Plan allows students to eat 150 meals plus $275 flex dollars per semester. For the Greek meal plan, all live-in members are required to be on this meal plan if the house has chosen to participate.
Flex money left over at the end of the first semester will roll-over to the second semester. Unused blocks will not roll-over between semesters.
Students will be allowed to change their board plans during the first four weeks of the term. Board changes will be prorated to reflect the change. Flex dollars will also be prorated.
VA EDUCATION BENEFITS
Students receiving Chapter 31 or Chapter 33 VA Education Benefits where the VA pays Simpson College directly on behalf of the student will be exempt from the following actions pertaining to tuition and tuition-related fees:
- Assessment of late fees to their student account
- Registration holds due to a balance on their account
- Denied access to the library or other institutional facilities due to a balance on their account
- Required to borrow additional funds to cover the balance on their account until the VA deposits funds for tuition and fees into Simpson’s account
Students receiving Chapter 33 benefits that are using Simpson College housing are responsible for paying for room and board fees directly to Simpson.
All students receiving Chapter 33 benefits will be required to provide a copy of their VA Certificate of Eligibility. If they have just applied for the benefit and are waiting for the VA to process their application, they will be required to sign a Promissory Note with the Simpson College Business Office. If the VA should decline the student’s application, the student will be responsible for any outstanding tuition and tuition-related fees.
NOTE: If a student is receiving Chapter 33 benefits at a percentage lower than 100%, they should work closely with the Business Office and Financial Aid to make sure any outstanding balances not covered by the VA will be covered by other scholarships or funds available to the student.
POLICY ON TUITION RATES FALL 2020
Students entering as traditional/day students will remain in the traditional/day program with full tuition charges and institutional financial aid, regardless of the format (evening, on-line, day, hybrid) they take their classes. They will be eligible to live on campus and participate in athletics. These students will remain in the traditional program unless they complete the “Student Program Change Form” to move to the C&G program via the registrar’s office.
Students entering as C&G students will always be billed at the C&G hourly rate regardless of the format they take their classes UNLESS they are taking 12 or more credits with 6 or more credits in the traditional day format, and then they will pay the full-time day rate and be granted institutional financial aid. They will not be eligible to live on campus or participate in athletics UNLESS they transition to be a traditional day student type.
Students entering with traditional status and changing to part-time enrollment will ALWAYS be billed according to the part-time traditional/day rates. There are circumstances where an athlete or non-athlete choose to attend part-time for a semester and live on campus and/or participate in athletics. Examples: An athlete who has an injury and returns for their last season of eligibility and only needs two classes or a traditional/day student who is graduating early or late and only needs 8 credits to do so. In both examples, the housing decision would be up to student development and only if we have open housing.
Students who desire to change to the other program (go from C&G to traditional day or vice versa) will still be required to file the “Student Program Change Form” and be granted approval to do so.
Students taking web courses will continue to pay the additional web-based fee per credit.
Students who are in a grad level program (so student type is C&G), may by petition live on campus and participate in athletics.