11 minute read

Expenses and Financial Policies

Next Article
People

People

Expenses and Financial Policies 2021-2022

Regular Full-time Student (12 or more hours per semester)

Tuition Deposit................................................................................................................................................$200

International Student Deposit.........................................................................................................................$500

Tuition (12 to 20 hours per semester) ...................................................................................................... $34,766

Immersive Term Tuition (for students starting in Immersive Term)...............................................................$455

Room: Basic Occupancy ....................................................................................................................................$6,206 Double as a Single Occupancy ...............................................................................................................$8,206 Cancellation of housing contract after June 1..........................................................................................$500 Cancellation of housing contract after occupancy ................................................................................$1,550 Immersive Term (for students starting in Immersive Term) ....................................................................$525

Board: Comprehensive & 150 Meal Plan (excluding immersive term).............................................................$4,192 Limited 10 Block Meal Plan (excluding immersive term) ......................................................................$3,816 Griz 5 Meal Plan........................................................................................................................................$480 Griz 50 Meal Plan......................................................................................................................................$405 Immersive Term........................................................................................................................................$462

Student Activity Fee……………………………………………………………………………………………………………………………………$200

Extra Hours Fee per Credit (over 20)...............................................................................................................$445

Part-time Student

Tuition per Credit Hour 4 Credit Hours or Less...............................................................................................................................$500 5-11 Credit Hours...................................................................................................................................$1,280

Student Activity Fee per Credit Hour 4 Credit Hours or Less...................................................................................................................................$0 5 - 11 Credit Hours........................................................................................................................................$7

Post-Graduate Activity Credit Tuition per Credit Activity Credit………………………………………………………………………………………………………………………………………$500 Activity Credit Course Fees as noted in “Other Educational Fees” below will still apply

Summer School (Summer of 2022)

Tuition per Credit Hour ...................................................................................................................................$235

Room, Double Occupancy Summer I (June 1-July 1).......................................................................................................................... $330 Summer II (July 6-August 5)..................................................................................................................... $330

Intersession Housing Intersession I - May/June..........................................................................................................................$100 Intersession II – July......................................................................................................................................$0 Intersession III – August............................................................................................................................$200

Transition to Teaching Course Fees

Individual Courses for Franklin College graduates (per credit hour)…………………………………………………………………$420 EDUT 489 (student teaching) for Franklin College graduates………………………………………………………………………….$1260 Individual Courses for non-Franklin College graduates (per credit hour)………………………….……………………………...$475 EDUT 489 (student teaching) for non-Franklin College graduates……….………………………………..………………….….…$1425

Other Educational Fees

High School Advanced Program / Running Start: Tuition per Course (maximum of two, 4 credit courses)..........................................................................$445 Tuition per Credit Hour for courses greater than 4 credits......................................................................$110 Lab fee for science courses.........................................................................................................................$75

Audit Fee (per course, max of two courses per semester) .............................................................................$205

Mature Students Registration Fee per Semester..............................................................................................$25

Tuition - free for age 65 or over for a regular on-campus course Private Music Lessons (per course plus normal tuition charge)………………………………………………………………..…$250

Expenses Continued: Prices subject to change

ART 170 Painting I (nonrefundable)................................................................................................................$100 ART 270, 370, 470 Painting II-IV (nonrefundable).............................................................................................$30 ART 175, 275, 375, 475 Ceramics I-IV (nonrefundable)....................................................................................$75 ASC 080 Academic Strategies for College I (nonrefundable) ............................................................................$55 BIO/CHE 390 Professional Development Planning ...........................................................................................$20 CWR 280/380 Poetry I-II....................................................................................................................................$15 Elementary Education Course Fee……………………………………………………………………………………………………………....$30 (EDE 124, EDE 225, EDE 230, EDE 235, EDE 330, EDE 337, EDE 344, EDE 345, EDE 366, EDE 443, EDE 444, EDE 456, EDE 457) EDE 401 CPR/AED/Heimlich Certification for Education Majors ......................................................................$25 EDU 210 Educational Philosophy, Law, & Ethics.………………………………………………………………………………………….$50 EXE 222 First Aid and CPR/AED for the Professional Rescuer...........................................................................$40 PED 004 Activity Credit –Bowling......................................................................................................................$60 PED 004 Activity Credit—Golf ...........................................................................................................................$50 PED 110 Lifeguard Training ...............................................................................................................................$50 PED 115 Officiating in Volleyball (fee also covers PED 116) .............................................................................$50 PED 116 Officiating in Basketball (fee also covers PED 115)............................................................................ $50 PDP 200 Preparing for Your Internship .............................................................................................................$25 SPA 312 Pronunciation for Communication......................................................................................................$60 THE 235 Scenic Painting (nonrefundable).......................................................................................................$100 THE 236 Production Design (nonrefundable) .................................................................................................. $50 Student Teaching Fees (EST 489)………………………………………………………………………………………………...$30 plus $500 Education Field Experience Fee.........................................................................................................................$30 (INE 200, INE 300, INE 400, EFE 284, EFE 384, EFE 385, EFE 484) Drop or Postpone Education Field Placement ..................................................................................................$50 Drop or Postpone Student Teaching Placement.............................................................................................$100 Immersive Term Course Fee ...........................................................................................................................$100 Immersive Term International Travel Course ..............................................................................................$4,000 Program Abroad: Non-FC Partner or ISEP program (semester)...................................................................$5,000

Other Institutional Fees

Parking Permit - Per Year ..................................................................................................................................$50

Parking Permit - Per Semester ..........................................................................................................................$30

Replacement of a lost or damaged and returned ID card.................................................................................$15

Parking Fines per Violation (Accumulated Over Career)

Fines range from a warning to $50. Please refer to the Franklin College Security Office for detailed information regarding vehicular regulations and violations.

Amount of fees are subject to change annually. Other fees may be incurred based on course enrollment. Additional fees not listed may be implemented.

Billing and Payment of Charges

All student billings and payments are administered through an online portal. The College does not send account activity statements. All account activity will ONLY be available online. Tuition, room and board, and fee charges are assessed by the college on an academic year basis. However, charges are payable on a semester schedule. The fall semester is due on August 15th and the spring semester is due January 15th each year. Students who arrive on campus with a balance after the due date and no arrangements made for payment of the balance may have their class registration dropped until a payment schedule is arranged with the business office (317-738-8033).

GI Bill Recipients

Students entitled to GI Bill benefits under Chapter 31 or 33 may participate in the course of education during the period beginning on the date on which they provide a Certificate of Eligibility or Statement of Benefits obtained from the Department of Veterans Affairs (VA) and ending on the earlier of the following dates: The date on which payment from the VA is made to the college, or 90 days after the date the institution certified tuition and fees following the receipt of the Certificate of Eligibility. The college will not impose any penalty, including late fees, the denial of access to classes, libraries, or other institutional facilities, or the requirement that a covered individual borrow additional funds, on any covered individual because of the individual’s inability to meet his or her financial obligations to the college due to the delayed disbursement funding from VA under Chapter 31 or 33.

Running Start Program

Specially qualified high school students may be admitted as part-time students under the Running Start Program. Running Start students are charged $445 per course. A student may take no more than two courses per semester. Running Start students taking courses with labs are charged a $75 lab fee. Courses over 4 credits will be charged an additional $110 per credit hour.

Mature Students

Tuition is free for students age 65 or older. Mature students are charged a $25 registration fee each semester. There is a maximum of 2 classes per semester.

Financial Clearance

Students will be denied registration privileges and housing applications if a balance is owed to the college in an amount greater than $500 as of the date for these activities. On August 15 and January 15, students owing an amount greater than $500 may be dropped from class schedules and housing assignments. No student will be granted a diploma, academic transcript, or financial aid transcript until financial obligations to the college have been satisfied. Delinquent bills for any recognized campus organization may result in withholding a student’s transcript, diploma, or registration.

Financial Responsibility Agreement

This policy requires all students to complete our financial responsibility agreement each semester prior to enrollment. This agreement outlines the student’s commitment to pay ALL expenses incurred at the college (including any penalties that result due to past due payments). This requirement must be completed prior to enrollment. You can access this policy at https://franklincollege.edu/campus-resources/business-office/ or here as a PDF.

Reduction of Fees

Registration constitutes a contractual agreement between the college and the student. If a student withdraws from all classes or reduces the number of hours carried, he or she may be entitled to a reduction in tuition, room, board, and other charges. Adjustments are based on the date of official withdrawal as recognized by the Vice President for Student Development & Dean of Students. The Fee Reduction policy is subject to change annually.

Proper withdrawal papers must be submitted to the Dean of Student Success. If withdrawal becomes necessary, please contact the Dean of Student Success for more information and to set up an exit interview. Students who are dismissed, suspended, or withdrawn for disciplinary reasons or excessive absences by the college are not entitled to fee reductions. Students who fail to observe withdrawal regulations may place their eligibility for refunds in jeopardy.

In order to withdraw and receive a fee reduction of school charges, a student must comply with four withdrawal requirements. The student must: 1. Complete appropriate withdrawal process through the Center for Student Success. 2. Receive confirmation of withdrawal from the Vice President of Student Development & Dean of Students. 3. Clear all financial accounts through the Business Office. 4. Report to the Office of Financial Aid if the student received any financial aid (scholarships, grant, work, or loan).

Calculation of Fee Reductions

Fall and Spring Semesters

When a student has withdrawn from the college and is eligible for a fee reduction for fall or spring semesters, the tuition charges will be adjusted according to following table: Prior to or on the first day of classes, 100% After the first day, during the first week of classes, 90% During the second week of classes, 75% During the third week of classes, 60% During the fourth week of classes, 45% During the fifth week of classes, 30% No refund is given after the fifth week of classes

Students who reduce their enrollment from full-time to part-time (less than 12 hours per semester) through the last day to drop a course may be eligible for a fee reduction based on the difference between full-time and parttime tuition charges. Students must be aware that a change to part-time status may put their athletic, housing,

and financial aid eligibility in jeopardy.

Immersive Term

Board will be calculated on a pro-rata basis of 25% of immersive term charge per week. As there is no additional charge for immersive term room for those students enrolled full time in the fall semester, no fee reduction applies. No reduction of tuition or room is made for those students not enrolled in immersive term or who reside off campus during immersive term.

Summer School

When a student is eligible for a fee reduction for summer school, the tuition and room charges will be adjusted according to following table: Prior to or on the first day of classes, 100.0% After the first day, during the first week of classes, 50.0%

No fee reductions will be given after the first week of classes.

Refunds and Returns

When a student has withdrawn from the college, a recalculation of any Federal, State and Institutional aid must be conducted to determine the amount of aid a student is eligible to retain. Return of funds will be issued to Federal and State financial aid sources first and then to Institutional sources. If a credit of aid retained remains only then will a refund be issued to the student. Refund calculations will be completed within 30 days of recognized withdrawal date.

Housing contracts may be terminated without penalty by the student if written notification is received by the Department of Residence Life on or before June 1st . Termination of the contract for any reason after June 1st but prior to occupancy will result in a $500 cancellation fee*. Cancellation of the housing contract after a student has occupied the room may receive a fee reduction for their room costs in accordance with the fee reduction schedule.

When a student is eligible for a fee reduction for the fall or spring semester, the room and/or board charges will be adjusted according to the following table: Prior to or on the first day of classes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0% After the first day, during the first week of classes . . . . . . . . . . .. . . . . . . . 93.5% During the second week of classes . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 87.0% During the third week of classes . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . 80.5% During the fourth week of classes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74.0% During the fifth week of classes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67.5% During the sixth week of classes . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . 61.0% During the seventh week of classes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54.5% During the eighth week of classes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48.0%

No fee reduction is given after the eighth week of classes for room & board.

*Students who withdraw prior to the start of the semester will not be assessed a cancellation fee.

Please note: The On-campus housing contract is for the entire academic year (August – May). If a student moves out of their assignment, without consulting the Office of Residence Life, they will forfeit all housing charges (August – May) resulting in a 0% refund.

Students who are removed from housing for student conduct violations will forfeit the remainder of their housing charges for the term.

Students who are released from their housing contract between the conclusion of the fall and beginning of Spring term will be subject to a $1500 cancellation fee.

Non-Refundable Charges include activity fee, late payment fee, payment arrangement fee, private music lessons, art and theatre course fees, parking annual permit, audit fees, Running Start fees, room cancellation fee, study abroad cost, and immersive term travel.

This article is from: