University News
For Immediate Release: 
May 29 2008

CONTACT: Trena Bolin, Senior Accountant
1-304-384-5164, trena@concord.edu

CU Offers Monthly Installment Payment Plan

Athens, W.Va. – Concord University is pleased to offer a monthly installment payment plan to help students and parents make their education affordable.

Payments can be made in monthly installments for tuition, fees, room and board. An application must be submitted every semester and the first month’s installment must be made the month prior to the beginning of each semester.

The following rules apply: (1) The installment plan will require a maximum of four monthly payments. The initial installment payment must be equal to or greater than 25 percent of the outstanding balance after application of all financial aid; (2) A non-refundable one time service fee of $50 will be added to the initial installment payment; (3) Payments are due by the 20th of each month and a signed agreement is required to participate. Payments will be made for the fall semester July through October and for the spring semester December through March. Monthly bills will not be sent; your copy of the signed payment agreement constitutes notification for each monthly payment. Should any monthly installment payment not be received by the Business Office by the 20th of each month, this contract will be accelerated and payment in full will be due immediately. In this instance of payment being delinquent, a late fee of $25 will also be assessed on the student account; (4) The amount of tuition, fees, room and board assessed, during the semester of the contract, is the amount you will be obligated to pay regardless of courses dropped and/or change of financial aid awarded; (5) If the required payments are not met, a monetary hold will be placed on the student account; and (6) The installment agreement is valid for only one semester. A contract must be completed each semester.

Special note of interest: The initial installment payment must be equal to or greater than 25 percent of the outstanding balance after application of all financial aid. In order for each student to receive the greatest value as it relates to the monthly installments, it will be imperative that all requests from the Financial Aid Office be followed.

For more information, contact Trena Bolin, senior accountant, 1-304-384-5164 or trena@concord.edu.

-CU-

CONCORD UNIVERSITY NOTES: Persons with disabilities should contact Nancy Ellison, 1-304-384-6086 or 1-800-344-6679, extension 6086 if special assistance or help is required for access to an event scheduled by the University on campus.

PO BOX 1000, VERMILLION ST., ATHENS, WV 24712.