Wednesday, August 2, 2017

Changes to Financial Rules at TTC

Fall Payment Deadline

We are continuing the process started last year in which the College has an established payment deadline, but has changed the consequences of nonpayment.  August 14, 2017 is the payment deadline for fall 2017.  However, please note we will NOT remove students from courses for nonpayment. 

Going into this new academic year 2017-18, students with prior balances of up to $200 are permitted to register.  Students with a balance due from prior semesters that is greater than this limit are not allowed any registration activity.  As has been the established process, students with any balance due will not be allowed to receive transcripts, certificates or diplomas.  We will continue to drop students from classes for failure to attend and other reasons. 

Students should not rely on being dropped by the college from courses. If they do not plan to attend class or cannot make payment arrangements, they should drop their courses by the end of the course drop/add period in order to avoid tuition charges.

Finance hopes that this process will allow students time to finalize financial arrangements while continuing their education.

Payment Plan Revisions

In addition, Finance has developed new payment plan options for the fall and spring semesters.  The new payment plan allows for five payments with no down payment if students enroll early enough.  At this time, students can enroll by August 24th with 25% down and three monthly payments from September through November.  By using the payment plan, students can pay tuition in monthly installments set up with direct debits from either a checking account or a credit/debit card.  The payment plan is not a loan; students are not charged any interest.  There is only a one-time, non-refundable fee, due at the time of payment plan enrollment. 

Another significant change to the payment plan is the enrollment period.  Enrollment dates for the payment plan are now extended throughout the fall semester to provide an option for students enrolling in Term 2.  This fall, students can enroll in a Three Payment Plan through September 26 and in a Two Payment Plan through October 26. 

Going Forward


Students will be allowed to carry a balance of $1,000 from Fall 2017 into Spring 2018.  Students with prior balances of up to $1,000 will be permitted to register.  For Spring, students can enroll in the Five Payment Plan beginning November 13th through December 1st with NO down payment and 5 monthly payments from December through April.

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