Anderson University

Financial Aid

Family Guide to College and Financial Planning

Family Guide to College and Financial Planning

  AU >Financial Aid

Cost, Fees, & Financial Aid Info

All costs are per year unless otherwise indicated. All charges are subject to change upon suitable notice.

If you have any questions about your financial aid or an Anderson University financial aid policy, please reference the Financial Aid Handbook, which addresses scholarships, loans, and much more.

All students must complete a Free Application for Federal Student Aid (FAFSA) to be considered for federal financial aid and to apply for Anderson University institutional funds and state-sponsored funds. You can do so at:

fafsa

Need assistance estimating your net cost to attend Anderson University? Try out Anderson University's net price calculator to see just how affordable your education at AU can be! If you prefer, you may also use the 2014-15 Estimated Billing Worksheet to enter your expected financial aid and tuition/fees to help you estimate your cost for the upcoming semester or 2014-15 year!

Please note that this is only to be used as an estimate and your official financial aid and bill will be determined by Anderson University. If you have any questions about using this calculator or worksheet, please contact Anderson Central at 864-231-2070 or email finaid@andersonuniversity.edu.

Charges for 2014-15 School Year

Full Time Tuition (12-18 semester hours)

$21,660

Student Government Fee

$50

Technology Fee (charged to all full-time students)

$190

Student Service Fees

$1,850

Full Time Commuter

$23,750

Village Residence Hall or Private Room

$6,210

New Boulevard or Denmark Residence Halls

$4,704

Clamp, Royce, Gaston, or Pratt Residence Hall

$4,600

Rouse Residence Hall or Village Ground Floor Rooms

$4,490

Stringer, Kingsley, Lawton, South Rouse Basement, or Ministry Houses Residence Halls

$4,380

Meal Plans- required for all on campus students

Unlimited meals/week + $50 debit/semester

$4,352

21 meals/week + $75 debit/semester

$4,240

21 meals/week

$4,090

15 meals/week + $100 debit/semester

$4,184

15 meals/week

$3,984

Seniors Only (completed 90 hours)
13 meals/week + $100 debit/semester

$3,840

Yearly Cost*

Full Time Boarder
(21 meal/Village Residence Hall or Private Room)

$34,050

Full Time Boarder
(21 meal/New Boulevard or Denmark Residence Halls)

$32,544

Full Time Boarder
(21 meal/Clamp, Royce, Gaston, or Pratt Residence Hall)

$32,440

Full Time Boarder
(21 meal/Rouse Residence Hall or Village Ground Floor Rooms)

$32,330

Full Time Boarder
(21 meal/ Stringer, Kingsley, Lawton, South Rouse Basement, or Ministry Houses Residence Halls)

$32,220

*Totals do not include other costs that may be charged by the University and do not reflect the cost difference in meal plans. This serves only as an estimate of a student's direct cost to attend Anderson University.

ACCEL Program Tuition

$391 per semester hour

Graduate Program Tuition

Education Graduate Programs (M.Ed., MAT)

$331 per semester hour

Business Graduate Program (MBA)

$403 per semester hour

Ministry Graduate Program (M.Min.)

$300 per semester hour

Criminal Justice Program (MCJ)

$403 per semester hour

Special Fees

Audit (no credit)

$268 per semester hour

Independent Study

$578 per semester hour

Overload Fee (for each hour over 18 semester hours)

$535 per semester hour

Part Time Tuition (up to 11 credit hours/semester)

$535 per semester hour

Summer School Tuition

$281 per semester hour

Note that other fees may apply, particularly for fine arts and laboratory science classes, as well as vehicle registration and other special services. Please refer to our undergraduate student catalog or contact the Financial Aid Planning Office for a full list and explanation of costs and fees.


EXPLANATION OF CHARGES

Tuition
The tuition is the basic cost of the student's education and covers the cost of instruction. It does not include textbooks and supplies which the student purchases. A full-time student is one who, whether resident or nonresident, is taking 12 or more semester hours of work. The student who takes fewer than 12 semester hours is considered a part-time student and is charged on a semester-hour basis. Part-time students given permission to live in the residence halls are charged the same rate as a full-time stuent. The student who has permission to take additional hours above 18 is charged for each additional semester hour, with the exceptions noted on the previous page.

Rooms and Meals for Resident Students
Resident students normally receive more financial aid than commuters, therefore, the actual amount paid to live on campus may be much less than the amounts above. Changes in meal plan, which is required for resident students, are permitted through the third day of class. Changes should be requested through the Residence Life Office or Anderson Central. The boarding student is entitled to meals for each week the school is in session. This does not include holidays, during which classes are suspended, the residence halls are closed, and the food service is suspended. No refund or cost adjustment is made for meals which the student does not eat.

Academic and Student Services Fee
The student services fee covers a major portion of the total cost of many services and activities offered in the student life program. Within student life, the university newspaper, athletics, Baptist Campus Ministries, health services, Student Government Association, and intramurals are provided. In the area of academics, academic services, tutoring, and career planning and placement services are some of the programs provided. Even though the academic and student services fee covers most social and recreational costs to the student, there are occasional extra expenses in this area.

Student Government Fee
The Student Government Association (SGA) fee provides funding and support for SGA campus wide-initiatives including student activities and student-initiated campus improvements. SGA funds also provide for student leadership development and the establishment and support of student clubs and organizations.

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Special Fees
The application fee covers the clerical costs of processing the student application. This fee is nonrefundable and is paid only once at the time of initial application to Anderson University. The fee is not paid a second time for students who continue enrollment from one year to the next nor by students who interrupt their enrollment for any period of time.

All students, whether residents or commuters, who drive a vehicle onto the Anderson University campus and use the University parking facilities must register their cars with the University. The registration fee covers the vehicle from August 1 through July 31. Those who register a vehicle in the spring or summer terms register them again for the fall semester. If a student occasionally drives a vehicle other than the one registered (such as a parent's car) an additional bumper sticker must be purchased for this car in order to avoid the penalty of parking an unregistered vehicle on campus. The student handbook contains details concerning parking regulations.

Technology Fee
The technology fee is a fee assessed each term to provide students with access to technology systems at the university, including but not limited to wired and wireless networks, internet access, computer laboratories, printer stations, servers and storage systems.

Reservation Fee and Terms of Payment
As a new resident or commuter student, a $250 enrollment deposit must accompany your Enrollment Confirmation Form. Forms will not be accepted without the $250 deposit. For both new and returning resident students, the $250 deposit acts as a reservation deposit until a student moves into campus housing. As a returning student, the initial paid deposit will roll from reservation deposit to security deposit each yearly cycle. Upon move-in, the deposit becomes a damage/security deposit and is only refundable after the student completes a semester-long housing contract commitment, and it has been determined that there are no outstanding damage charges on the student's account. For commuter students, the $250 enrollment deposit serves as the first payment toward tuition at Anderson and will sit as a credit on your account.

Housing deposit refunds must be requested in writing through the Admission Office (new students) or Resident Life Office (returning students) before May 1 for the fall semester, and December 1 for the spring semester.

Study/Travel Abroad
The University offers several programs of study/travel. The student who enrolls in these courses pays the course tuition as well as all travel expenses, which are normally included in a package tour.

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FINANCIAL AID POLICIES

If you have any questions about your financial aid or a financial aid policy here at Anderson University, please check out the Financial Aid Handbook. You may review the Anderson University Financial Aid Handbook for information regarding scholarships, loans, and much more.


Reservation Fee and Terms of Payment
The applicant who is notified of acceptance must send within two weeks a prepayment of $250.00 for the resident student to reserve a residence hall room or $75 for the commuting student to hold a place in the student body. This prepayment is for one semester. First Choice students are required to pay a $250 non-refundable deposit.

All expenses for the fall semester are due August 1, and no student will be permitted to register for classes until all fees for the semester are paid. For the second semester, payments are due January 2. For the summer terms and evening division, the payments are due at the time of registration. A billing statement is provided by Anderson Central by mid-July so that the student can see in detail the costs. The payment of tuition and other basic charges is required in advance. After registration, the Business office will assess fee charges which apply to special courses such as music instruction fees, fees for overloads or independent study, and audit fees. Checks, money orders, and cashier's checks should be made payable to Anderson University. Anderson Central and the Anderson University Bookstore accept all forms of major credit cards.

Withdrawal, Charges, Cancellation, and Refund Policies
Determining the official/unofficial withdrawal date for all students

An official withdrawal date is defined as the date the student begins the withdrawal process as defined by Anderson University. To officially withdraw from the University the following must occur:

(1) begin process in the Academic Services Office;
(2) review financial obligations with Financial Aid Planning Office.

An unofficial withdrawal is defined only for students receiving federal financial aid. An unofficial withdrawal occurs if a student fails to complete a period of enrollment but does not officially withdraw from Anderson University. The last date of class attendance in all classes becomes the applicable withdrawal date as determined by attendance records, computer assisted instruction, academic counseling, turning in a class assignment, or attending a study group assigned by the instructors.

Withdrawal from the University within the first 14 days of enrollment

Full- time students who officially withdraw before the date of financial responsibility (the first 14 days of enrollment) will be charged 15% of full tuition, fees, and room and board for the semester.

Withdrawal from the University after the date of financial responsibility (after the first 14 days of enrollment)

Full-time students who officially withdraw after the date of financial responsibility (the first 14 days of enrollment) will be charged full tuition and fees, room, and board for the semester.

Summer School Policies

Summer school students who officially withdraw from the University will have charges assessed for tuition, fees, room, and meals as follows:


All refunds to the aid programs and the student will be made within thirty days of the official withdrawal of the student and will be mailed to the student's permanent address. Refunds involving financial aid may be delayed due to processing requirements and may be governed by program regulations.

Upon written request, refund requests of overpayments must be approved by the financial aid planning office and are subject to being reduced by any outstanding balance owed to the University.

Any credit on a student's account will be used to reduce any outstanding debt owed to the University or aid programs. No refund is made of the application fee. A full refund of the $75 (commuter) or $125 (resident) prepayment of fees is made only if requested in writing to the Admissions Office prior to May 1 for the fall semester and November 1 for the spring semester.

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Return of Title IV Funds
The Return of Title IV funds policy assumes that a student earns his or her federal aid based on the period of time the student remains enrolled. During the first 60 percent period, a student "earns" Title IV funds in direct proportion to the length of time the student remains enrolled. Unearned Title IV aid is the amount of disbursed Title IV aid that exceeds the amount of Title IV aid earned under the formula. Unearned Title IV funds must be returned to the Department of Education according the Return of Tile IV funds return policy. A student who remains enrolled beyond the 60 percent point earns all federal aid for the period. No Federal Title IV aid will be returned when a student remains enrolled beyond the 60 percent period. An example of the new federal refund calculation is available upon request. Institutional and State Aid are considered earned after the first day of class. After a student withdraws and the Return of Title IV calculation is complete, the Financial Aid Planning Office will bill the student for any amount owed to the University. Payment is expected within thirty days of receipt of the bill.

Outstanding Balances
All indebtedness to the university must be paid before students are permitted to enroll for ensuing semesters or a hold on the account will restrict the release of records (transcripts and/or diploma). Unresolved debts will have billing and collection costs (33% of the debt) added, may be placed with a collection agency and reported to a credit bureau. If your fees increase for any reason after the initial posting of bills, you must login to Self-Service to view any charges that may have posted since your last statement. Payment for the increase must be made by the payment deadline as reference under Financial Policies. If the deadline has already passed, you should make payment immediately or risk cancellation of your schedule.


Academic and Financial Responsibility for Classes
A student who withdraws officially from the University, on or before the deadline beyond which withdrawals are not permitted, will receive the grade of "W" for all courses in which he or she is enrolled at the time of withdrawal. The official withdrawal date will be when official notification has been given to the University. Full-time students who officially withdraw before the date of financial responsibility (the first 14 days of enrollment) will be chared 15% of full tuition, fees, and room and board for the semester.

The following statements do not apply to summer sessions or to special programs. (See the Summer School Bulletin for policies pertaining to summer school.)

If a student withdraws from one or more classes during the first two weeks or withdraws officially from the University, those classes from which he or she has withdrawn will not appear on his or her record for the semester. The student is academically responsible for all classes in which he or she is enrolled at the end of the second week of the semester, and is financially responsible for all courses for which he or she is enrolled at the end of the second week of classes. Financial responsibility includes, but is not limited to, tuition, fees, room, meals, fines, accumulated interest, late charges, and collection costs.


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FAFSA Federal School Code: 003418

Financial Aid Planning Office
Anderson Central
Anderson University
316 Boulevard
Box 1142
Anderson, SC 29621
Phone: (864) 231-2070
Fax: (864) 231-2008



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