Financial Arrangements

Payment Options

In order to pay their tuition and fees, students have the following options:

1. Pay the full-term balance on or before the due date.

   1. Major credit cards are accepted (see step-by-step instructions on how to make an online payment).

   2. The Business Office also accepts cash or checks delivered in person or via mail.

   3. For international students, we have partnered with TransferMate to streamline the experience of making payments in your local currency from nearly any country. International payments are integrated into the payment checkout process in Bill+Payment.

2. Sign up for interest-free monthly payments through Nelnet, our payment plan provider. Nelnet allows students to spread payment over a longer term and simplify paying for graduate programs.

   1. Nelnet charges a single plan fee of $55 per semester.

   2. Applications are available online.

   3. The Business Office reserves the right to discontinue or refuse the Nelnet payment plan option to students who have demonstrated poor credit history with the College.

3. Obtain additional loan funds through a private student loan.

The College reserves the right to charge interest on all unpaid balances at a rate of 1.5% per month. Interest is not charged to accounts enrolled in Nelnet.

Late Payment Charge

The College of Idaho will assess a late payment charge at the rate of $10 or 1.75 percent, whichever is greater, per month, on the past-due portion of the student account until the account is paid in full.

VA Benefits: Pending Payments

Pending Payment Compliance Policy

In accordance with Title 38 U.S. Code 3679(e), The College of Idaho adopts the following provisions for any student using U.S. Department of Veterans Affairs (VA) educational benefits under Chapter 31 or Chapter 33, when payment to the College is pending from the VA.

The College of Idaho will not:

• Prevent the student’s enrollment;
• Assess late fees or penalties;
• Require the student to obtain additional or alternative funding; or
• Deny the student access to classes, campus resources, or other institutional facilities available to students who have satisfied their financial obligations.

Student Responsibilities

To remain eligible for these protections, students may be required to:

• Provide the Certificate of Eligibility (COE) or Statement of Benefits from the VA by the first day of the term;
• Submit a written request for certification to the School Certifying Official; and
• Supply any additional information needed to properly certify enrollment, as outlined in other College policies.

Tuition Refunds

The College of Idaho adheres to a fair and equitable refund policy consistent with the requirements established by the U.S. Department of Education. This policy applies to students who officially withdraw from any program or course while attending the College. The following information also applies to students who are administratively withdrawn or dismissed from a program.

Credit Balance Refunds

If financial aid awards create a credit on a student account, a refund check will be sent to the student's mailing address.

Institutional Refund Policy

Dropping a Course

Students who drop a course during the current term, but remain actively enrolled, will be subject to the following refund policy:

• A 100 percent refund if the student drops a course on or before the Last Day to Drop;
• A 50 percent refund if the student drops a course after the Last Day to Drop but on or before the Last Day to Drop/Withdraw for a Refund; and
• A 0 percent refund if the student drops a course after the Last Day to Drop/Withdraw for a Refund.

Withdrawing from a Program

Students who withdraw from all courses by the Last Day to Drop for the term receive a 100 percent refund of tuition and class fees. Those who withdraw after the Last Day to Drop but on or before the 60 percent point in time of the term/semester, calculated using calendar days, receive a refund based on the total payment on the account from all sources, minus the charges for tuition and fees for the enrollment period.

Tuition is prorated for the attendance period. Student fees are non-refundable. Funds are returned to the federal programs, institutional programs, outside scholarships, and then to the student. Students who withdraw after the 60% point of the term/semester do not receive a refund.

Withdrawing from Programs Charged in Full at the Beginning of the Program

Students who withdraw from such programs will be subject to the following refund policy. Student fees are non-refundable.

• A 100 percent refund if the student withdraws on or before the Last Day to Drop of the first term/semester of the program;
• A 50 percent refund if the student withdraws after the Last Day to Drop but on or before the Last Day to Drop/Withdraw for a Refund of the first term/semester of the program; and
• A 0 percent refund if the student withdraws after the Last Day to Drop/Withdraw for a Refund of the first term/semester of the program.

Federal Refund Policy

Under the Higher Education Amendments of 1998, if a student withdraws from all courses on or before the 60 percent point in time of the term/semester, calculated by calendar days, the College must return a portion of the Title IV funds received, which for graduate programs are funds from Federal Unsubsidized Loans. Withdrawn students will receive a copy of the return calculation and an itemized list of returns to the various fund accounts. For more information, see Return to Title IV.