The Bursar's Office is responsible for student billing and revenue collection. In addition to collecting and posting payments on student's accounts, the Bursar's Office oversees monthly payment plans, financial aid refunds, and the collection of past due tuition. The Bursar's Office also processes refunds from overpayments, class withdrawals, university withdrawals, and status changes.
Payment of Tuition and Fees
Charges for tuition and fees are due and payable in full at the time of registration for any semester. Students who are self-financed can arrange a special payment plan with the Bursar's Office. At the time of registration, self-financed students are required to make a minimum payment equal to 25% of the tuition and fees. Use of a special plan does not relieve the student of the obligation for the total semester charges, subject to the withdrawal and refund policies of the College. Charges may be paid by money order, VISA, MasterCard, cash, or personal check. In the latter some restrictions may apply. Students may also apply for student loans through the Office of Financial Aid.
Selected courses may carry a fee in addition to tuition charges. Inquiries on course fees should be redirected to the Bursar’s Office.
Refunds, Including Title IV Refunds
Any students who withdraw (drop) from a class before the end of the third week of class will be granted a full (100%) refund. Additionally, students who attend a class only once or never by the end of the third week will be automatically withdrawn (dropped) and receive a full (100%) refund. If the College cancels a class and is not able to place the student in another suitable class, any tuition and fees paid will be refunded. For terms shorter than a semester, the refund period will be reduced in the same proportion. Refunds are calculated according to the U.S. Department of Education’s guidelines for the refund and return of Title IV student aid.
According to federal law, the Office of Financial Aid must recalculate Federal Title IV financial aid (excluding Federal Work Study funds) for students who withdraw from all classes or cease to attend on or before completing the 60% point of the semester. After the 60% point, the student is deemed to have earned 100% of the Title IV funds.
Withdrawal date is defined as the student’s last date of recorded attendance or the midpoint of the semester for students who leave without notifying the institution.
Transactions with the Bursar's Office
Students with payment plans are expected to make payments as agreed to and as stated in their contract. Failure to make regular payments will affect the student's standing with the Bursar's Office. Lack of good standing with the Bursar's Office will be an impediment for future registration. Students who have fulfilled all requirements for graduation or program completion will be able to receive their diplomas and/or official transcripts (where applicable), once their outstanding balance with the Bursar's Office is zero ($0.00).
Anyone accepted for admission to St. Augustine College who is a citizen or permanent resident of the United States may be eligible for financial aid. Although the government regulations largely determine what "financial need" is, the staff of the Financial Aid Office will assist students in meeting their financial needs in order to attend the College.
State Financial Aid
The Illinois Student Assistance Commission (ISAC)
The Illinois Student Assistance Commission Monetary Award Program is available to any student attending an approved Illinois college or university who can demonstrate financial need and qualifies as an Illinois resident. Application must be made for each academic year.
Federal Financial Aid
The Federal Pell Grant
This is a federal assistance program for any undergraduate student who demonstrates financial need. The amount of the grant varies according to the student's need and the maximum allowed under the federal program.. Application must be made for each academic year.
Federal Supplemental Educational Opportunity Grant (FSEOG)
This federal program is designed for any undergraduate who demonstrates financial need annually. The federal government provides post-secondary institutions with allocations from which Financial Aid Office counselors make awards.
Federal College Work-Study Program
St. Augustine College participates in the College Work-Study (CWS) Program, a federal financial aid program that helps colleges to provide jobs for students who exhibit need in financing their college education. To participate in the College Work-Study Program, a student must receive a CWS award as part of a financial aid offer from the Financial Aid Office. In order to maintain eligibility to participate in the CWS program, the student must comply with Financial Aid Office requirements.
St. Augustine College Financial Aid
Presidential Discretionary Fund
Occasionally, St. Augustine College receives grants or donations for specific academic or occupational programs. Information about these scholarship opportunities can be obtained from a Financial Aid Counselor or from an Academic Advisor.
The College grants these awards to students who demonstrate scholastic achievement in their academic programs. This award is given at the beginning of the semester and is for 50% of tuition and fees. New and continuing students may apply.
A new student must apply through the Financial Aid Office and make arrangements with the Testing Center to take a test designated for this purpose.
A student must complete an application for institutional aid. The Financial Aid Director will review the student's academic record, and if funds are available, make the award.