2003-04 Greenville College Catalog

Student Charges and Payment Information

Zero Balance Policy: 2003-2004
The “Zero Balance Policy” requires that the balance due on a student’s account must be paid in full prior to the beginning of each semester. Students who have registered for classes will receive a billing statement prior to the beginning of the semester and will be expected to pay their balance due in full by August 15 for the fall semester/term and by January 12 for the spring semester/term . The only exceptions are those students whose costs are completely covered by their financial aid packages, or those who have set up a monthly payment plan through Tuition Management Systems (TMS). Students who fail to pay their account prior to the beginning of the semester will NOT be allowed to enroll as a student at Greenville College until their account is paid in full or they have set up a payment plan with TMS.

Due to Greenville College’s “Zero Balance Policy,” the College will not allow any student with a delinquent account to register for subsequent terms. Because a transcript of a student’s record is the property of Greenville College and is not the property of the student, the College will not release a student’s transcript or diploma until all outstanding indebtedness is satisfied.

Payment of Semester Charges
Students are expected to pay their accounts in full prior to the beginning of each semester/term of enrollment. Students may use financial aid (scholarships, grants, and loans) as payment. Annual financial aid documents must be on file in the Student Financial Services Office prior to the beginning of each term.

Charges for tuition, fees, and living costs are payable according to one of two methods of payment – cash payment or the Tuition Management Systems monthly payment plan which is an interest-free monthly payment option.

Payment in Full – Payment is due in FULL prior to the beginning of each semester. Greenville College accepts cash, check, money orders, and ALL major credit cards including VISA / MASTERCARD / DISCOVER / AMERICAN EXPRESS.

Tuition Management Systems (TMS) – This is a monthly payment plan that spreads the payments for the year’s charges over a ten-month period. Payments are due on either the 1st or 15th of each month, July through April. The student or parent is responsible for contacting TMS to set up and maintain their payment plan. There is no interest charged on this plan. There is a yearly enrollment fee charged by TMS.

Greenville College understands that education expenses are easier to pay when spread over predictable, interest-free monthly payments. Our Interest-Free Monthly Payment Option, offered in partnership with Tuition Management Systems, is an alternative to large annual or term payments and helps limit borrowing. The Interest-Free Monthly Payment Option is available for a small enrollment fee. This service includes convenient interest-free monthly payments; 24-hour full interactive access to account information through Tuition Management Systems’ web site www.afford.com; toll-free automated account information through InfoLine and personal account service Monday through Saturday. For more information contact a Tuition Management Systems Education Payment Counselor at 1-800-722-4867 or check out the web site: www.afford.com.

Problem Accounts
Students must meet all financial obligations to Greenville College in order to maintain continued enrollment or to graduate. Each semester/term the student’s account must be paid in full, including tuition, fees, room and board, fines, and any other financial obligation. Students with delinquent accounts can expect the following:

1. Registration for a succeeding semester/term will not be allowed.
2. Transcripts will not be issued.
3. Diploma will be held.

Financial Aid
The College Student Financial Services Office assists students and parents in finding resources necessary to finance annual/semester charges. Whereas the primary responsibility for payment rests with the student and his/her family, financial aid is available to supplement the resources of families who cannot afford the entire cost of education.

Financial aid is available to all qualified students. Eligibility for most programs is based on financial need, as determined through filing the Free Application for Federal Student Aid (FAFSA). Other funding is available in recognition of meritorious achievement in high school or in college.

In the awarding of financial aid, Greenville College does not discriminate on the basis of race, creed, sex, color, national origin, or physical handicap.

Federal Financial Aid Programs
Greenville College students benefit from government funding in several Federal Programs. Additional information can be found on the web sites: www.ed.gov/studentaid and www.greenville.edu

Illinois State Financial Aid Programs
Greenville College students from Illinois benefit from funding in the following Illinois State programs. Additional information can be found on the web sites: www.isac-online.org and www.greenville.edu

ISAC MAP Grant
Illinois Incentive for Access (IIA) Program Grant
Merit Recognition Scholarship
ITEACH Teacher Shortage Scholarship
Minority Teachers of Illinois Scholarship
Robert Byrd Honors Scholarship

Satisfactory Academic Progress
Students receiving financial aid assistance must meet specific academic progress requirements in order to maintain eligibility. Satisfactory academic progress requires that a student must accumulate a minimum number of credit hours over a maximum number of enrollment periods. Refer to the Academic Probation section of this catalog for detailed information.

Satisfactory Academic Progress evaluation is made for all students at the end of each academic year. Students may receive financial aid for no more than two consecutive semesters while on Academic Probation. A student facing a third semester of Academic Probation will not be eligible for financial aid until minimum requirements of the Probation policy are met.

Appeal
A student has the right to appeal financial suspension if the student feels that he/she has complied with the requirements of the satisfactory academic policy or that there are factors such as undue hardship due to the death of a relative, student injury or illness or other special circumstances that should be considered. In order to appeal a decision, the student must submit a written request to the Director of Student Financial Services, including supporting evidence to validate the appeal. The review will be considered by a representative committee. The student will receive notice of the decision within ten days.

Last updated: June 19, 2003