Billing and Payment Policies

Cazenovia College expects the student to be financially responsible. All accounts are carried in the name of the student, regardless of the source of payment.

The following information is provided to assist you in understanding the billing and payment procedures at Cazenovia College.  For more information, please contact us at 315.655.7888 or by e-mail at bursar@cazenovia.edu.

Billing
The Student Account Statement is mailed to your home address. The first statement of the fall semester will be mailed in June.  The spring semester statement will be mailed the last week of November.  These initial statements will list tuition and applicable fees, estimated financial aid and the balance due. These billings will also include room and board for residential students.  Subsequent statements will be mailed on a monthly basis only when there is a balance due.  The account balance is a reflection of your account status at the time of the mailing.Activity on your account after the initial billing may affect the amount you are responsible to pay.  These changes include adding or dropping a class, changing housing status or meal plans, bookstore charges or changes to your financial aid package including outside funding sources (loans, scholarships, etc). 

Although you may request a new statement at any time, you can also stay informed by logging onto CazNet InfoCenter and viewing your Student Account Detail.

Estimated Financial Aid
The Bursar/Student Account Office will accept credit against the Student Account balance for estimated financial aid under the following circumstances:

Institutional/Merit Awards:
Credit will be recognized when the award is added to the Financial Aid Package.

Outside Scholarships:
Awards from outside sources will not appear on the Student Account statement. Credit can be recognized against the balance due on a temporary basis with the receipt of written documentation from the awarding agency.  Actual credit will be given when the funds are received.

TAP/State Awards:
Credit will be recognized when the student has received an award certificate from New York State HESC.

Student Loans:
Credit will be recognized when verification is complete, the award letter signed and returned, and in the case of first time borrowers, when the MPN and entrance interview are complete.

Parent PLUS Loans:
Approval of the PLUS Loan is necessary.  Processing requires the MPN and application when the parent is a first time borrower or a new borrower for a current student.  Repeat borrowers must file the application annually.  Please visit www.studentloans.gov for more information.

Alternative Loans:
Alternative Education Loan funding sources vary greatly by lender.  Consequently, estimated credit will be recognized when loan guarantee is received by the Cazenovia College Financial Aid Office from the lender, and then only on loans that require school certification and direct payment is made to the college.

NOTE:  Loans in which borrowers opt for variations such as no school certification or in which funds are sent directly to the borrowers are not recognized for advance credit.

Although Work-Study may be part of your Financial Aid package, but is not a guarantee of employment and will not be deducted from your Student Account.

TuitionPay Monthly Plan:
As an alternative to large annual or semester payments, and to help limit borrowing, Cazenovia College offers a budget plan through TuitionPay.  For a small enrollment fee ($55 per year) families can budget convenient, interest-free monthly payments beginning July 1.  The semester contracted amount will be recognized as a credit against the Account balance for TuitionPay Plans in a current status.  Further information can be received at www.TuitionPayEnroll.com

Payments
You are responsible for payment in full of your Student Account balance minus estimated financial aid.  The payments are due as billed unless noted otherwise. The Fall Semester billing is due on August 1, 2013 and the Spring Semester billing is due on January 3, 2014.  Due dates also appear in the Notes section of the Student Accounts Statement.

Cazenovia College accepts checks, and money orders as well as Visa, MasterCard and Discover.  Cash payments will be accepted in person at the Business Office and the Office of Enrollment Services.  Credit card payments can also be made by phone at 315-655-7888 or 315-655-7305.  Payments should be mailed to:  Cazenovia College, Attn:  Business Office, Cazenovia, NY 13035.  Please include the stub portion of the Account Statement and indicate the student ID number on the check.

Restricted Enrollment Status (HOLD)
Failure to pay Account balances by the due date places the student on Restricted Enrollment Status (HOLD).  Students on HOLD will not be allowed to register for classes, confirm existing pre-registrations, obtain transcripts or receive other not-essential services until their accounts are brought current.  Please contact the Office of Enrollment Services at 315-655-7888 for assistance with HOLD resolutions.

Late Fees
A late fee charge of $150 will be assessed on semester balances remaining unpaid 10 days after the semester due date.