All fees, whether paid by a person or organization, shall be paid in United States dollars. Should payment be received in any foreign currency, the amount received and credited to the account of the student will be the net amount after any loss or gain due to the exchange return between the currency and U.S. dollars, in addition to any cost or service charge to effect the exchange conversion.
TUITION
The tuition fee for each graduate program is established each academic year. Fees are to be paid to the Business Office before the class begins.
METHODS OF PAYMENT
The University requires full payment of each semester’s charges before or at the beginning of the semester’s classes.
Notification from the Financial Aid Office of grants, scholarships, or a Guaranteed Student Loan will be accepted in lieu of payment by cash. Only one half of such aid will be credited to the student’s account for each semester.
Failing to observe this schedule or to make other satisfactory arrangements with the Business Office will result in the student’s forfeiting the right to begin or continue work at Concordia.
If students must rely on others for financial resources, they are held responsible for seeing to it that financial sponsors observe the payment schedule.
Additional payment plans are available, dependent on special programs/cohort groups. The Budget Payment Plan allows the student to pay University fees in 10 convenient monthly payments beginning June 1. The cost of this plan is $100.00. There are no other fees or interest charges. Information concerning this plan will be forwarded to you separately. If you wish, you may call Tuition Management Services directly toll-free (800) 722-4867 for information.
All fee payments should be addressed to Concordia University Wisconsin, 12800 N. Lake Shore Drive, Mequon, Wisconsin 53097. ATTN: Business Office.
GRADUATE ASSISTANTS/GRADUATE STUDENT EMPLOYEES
Several departments offer graduate assistantships or graduate student employment. See the Graduate Assistant/Graduate Student Employee Handbook for additional information or contact the Career Center at 262-243-4401.
REFUND POLICY
No refunds may be applied to the student’s account without the completed official drop forms. Students who withdraw from classes will receive a pro-rated refund of educational fees and residence hall fees, according to the following schedule:
Semester-long classes
Before the first class session 100%
Between the first and second class session 80%
Between the second and third class session 60%
Between the third and fourth class session 30%
Between the fourth and fifth class session 10%
After the fifth class session None
10-week and 8-week classes
Prior to the first class session 100%
Between the first and second class sessions 67%
Between the second and third class sessions 33%
After the third class period 0%
5-week classes
Prior to the first class session 100%
Between the first and second class sessions 50%
After the second class session None
Students attending summer school who drop a course are charged according to the schedules listed above. For example, a 10-session course will be prorated according to the 10-week schedule; or a 20-session class will be prorated according to the semester refund schedule. The fees will be imposed as of the date the drop form is received from the student.
Food service fees are refunded on a pro-rated basis for the entire semester.
FINANCIAL ASSISTANCE
Concordia University maintains the Financial Aid Office to assist students finance of their graduate programs. Though Concordia believes that the principal responsibility for educational costs rests with the student, the University offers a variety of programs which may be used as resources for the payment of educational expenses.
The primary sources of assistance available at Concordia University are educational loans, graduate assistantships, and other limited campus employment.
The Stafford Student Loan Program enables students to borrow federally insured loans through Concordia University Wisconsin. The interest may be paid by the government until the borrower graduates. The Stafford Student Loan has a variable interest rate not to exceed 8.25%.
All educational loan programs maintain eligibility requirements based on a confidential "needs analysis". The Free Application for Federal Student Aid (FAFSA) is the required form needed to determine student loan eligibility. The FAFSA Application is available online at www.fafsa.ed.gov.
Veterans Educational Assistance
Concordia University in Mequon is approved as an educational institution at which students may receive veteran’s benefits. Prospective students who have been in the Armed Forces should check with their local V.A. office for more complete details. They must file for benefits in Milwaukee if they have made no prior claims. If a claim file has already been established, they should file with that particular V.A. office. |