Tuition and Fees

Direct Costs are what you are charged to attend Otis. 2009-10 fees are listed below. These are based on the classes in which you are enrolled, and do not include materials fees associated with a particular class. Financial aid information

Per unit cost: $1,074

Misc. Fees

• Replacement of Catalogue=$10
• Academic Transcript (5-day service)=$5
• Rush Academic Transcript (24 hour service)=$25
• Financial Aid Transcript (5-day service) no charge
• Returned Check Charge=$50
• Parking at Goldsmith Campus no charge
• Replacement Parking Sticker Fee=$20
• Parking Violation=$35
• Late Registration Fee=$275

Payment of Tuition and Fees
Payment of tuition and fees is available on line. Outstanding balances must be paid in full before a student is cleared to register for the next term. To determine the upcoming term's balance, refer to the tuition and fees schedule in the Student Academic Planner, the Financial Aid Award Letter, if applicable, and the online Registration Fee Assessment. The balance due is the difference between total tuition and fees and the total net amount of any financial aid accepted.

Tuition balances owed may be paid using any of the following methods:

1. Tuition Payment Plan on line (not available to International Students)
2. Received or anticipated award of financial aid
3. Credit card and electronic checks through the Otis website (Mastercard, Discover, American Express)
4. Cash, personal check, cashier's check or money order paid at the Otis Cashier's Window or
5. Any combination of the above.

For questions on student account balances, contact Student Accounts Office.
For questions on financial aid, contact Financial Aid Office.

Returned Items
The fee for a returned payment is $50.00. All returned checks/echecks must be replaced with cash, cashier's check, money order, wire transfer, Visa or Mastercard within five (5) business days. If a check/echeck is returned, the student's check/echeck writing privileges will be terminated for one calendar year. All further transactions must be in the form of cash, cashier's check, or money order, wire transfer, Visa or Mastercard.

Important

1. Account balances must be paid prior to registration for the next term.
2. Grade reports and/or academic transcripts will not be released if there is an outstanding balance on the student's account.
3. Seniors will not be cleared for Commencement or receive a diploma if account balances are not paid in full.
4. Delinquent accounts are referred to an outside collection agency. Students referred to collection are responsible for all collection costs.

Student Account Refund Policy
In some instances, student accounts will show a credit balance (representing funds due back to the student or, in some cases, to the parents) upon posting of all payments for the current term. In such cases, the following procedure applies: At the Student Accounts Office, students complete a Student Refund Request Form, and Financial Aid will create a credit on the account. The processing of the refund by the Student Accounts Office will begin when the student's account shows a credit balance. Refund checks will be issued after the add/drop deadline. Student Accounts will begin to process the refund within eight (8) days after all of the following:

1. the student has submitted the Refund Request Form
2. the add/drop deadline has passed
3. the account has a credit balance
4. the College has received verification that the funds received have been deposited in the College's bank account.

Tuition Refund Policy
In order to be eligible for tuition refund consideration, students must officially withdraw from Otis by completing and submitting a Change of Status form, complete with required signatures, to the Office of Registration and Records.
The official date of withdrawal used in calculating tuition refunds will be the student's last date of attendance as determined by the Registrar. Refer to "Change of Status" for details. Tuition refunds are distributed according to eligibility categories and dates published each year in the Course catalogue and Academic Planner. Students dismissed from Otis for disciplinary reasons forfeit the right to claim refunds of tuition, deposits, and fees.

Payment Plan
As a convenience, Otis College of Art and Design is offering the option to make payments on a monthly basis through the TuitionPay Plan from Sallie Mae.

The TuitionPay Plan is an interest-free alternative to lump-sum payments at bill time.We've found that the TuitionPay Plan consistently delivers a valuable service at a reasonable cost.

• Spread your payments over a period of months, interest-free.
• Borrow less - save interst by using current income and savings to make monthly payments.
• Protect your investment - Tuition Protection Coverage for the bill payer is included at no extra charge.
  In just six easy steps you can enroll in your TuitionPay Plan online. The entire process takes just a few minutes and it's totally secure.