Payment Policies

Payment Policies

Payment in full or enrollment in a payment plan for the semester’s balance is due prior to or on the first day of class with the completed promissory note. The College’s payment plan option requires a 25% initial payment of the semester’s balance with a one-time plan fee per semester of 15% of the outstanding balance.

We offer a payment alternative through Tuition Management Services (TMS). Sign up forms are available in the Business Office, the Financial Aid Office and were sent with the Award letter. Students may also sign up with TMS through the internet at www.afford.com. Using TMS allows students to make monthly payments without being charged interest. There is an enrollment fee of $60 with TMS for their service.

Unless payment in full is made by the first day of the semester, a student’s registration may be cancelled.

Students should be prepared to pay for textbooks and supplies at the time of purchase. The College Bookstore accepts MasterCard, VISA, and Discover Card.

Refunds will be given after the add/drop period of classes. Students need to stop in the Business Office to pick up their refund if applicable or they will be mailed to the home address on file.

The refund dates for 2013-1014 are:

Session I (Fall) Refund Available
Refunds Mailed
September 15 after 4 p.m.
September 18
Session II Refund Available
Refunds Mailed
November 24 after 4 p.m
November 25
Spring Refund Available
Refunds Mailed
January 28 after 4 p.m.
February 1
Session III Refund Available
Refunds Mailed
March 2 after 4 p.m.
March 5
Summer I Refund Available
Refunds Mailed
June 1 after 4 p.m.
June 4
Summer II Refund Available
Refunds Mailed
July 13 after 4 p.m.
July 16

General

  • All financial obligations to the College must be paid in full or satisfactory payment arrangements made with the Business Office before a student may register for a new term.
  • Statements are sent to the student’s permanent address unless otherwise requested.
  • Services of the College, including but not restricted to grades, diploma, certificate, transcript, letter of honorable dismissal, or recommendation may be withheld from students who have an outstanding balance with the College.
  • Iowa Wesleyan College reserves the right to deny students the privilege of participating in commencement ceremonies whenever the student’s account is not paid in full.

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