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[ Financial Planning Guide ]
[ at Ohio Wesleyan University Online - Delaware, Ohio ]
 
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Discount for Advance Payment

Ohio Wesleyan offers a discount for advance payment of the entire year’s tuition, room and board in a single payment by May 31, 2007. For the 2007-2008 year, the amount of discount is $740, therefore the total advance payment due by May 31, 2007 is $38,800. The amount and due date vary from year to year.

Monthly Payment Option

Ohio Wesleyan has made arrangements with Tuition Management Systems (TMS), to provide a monthly payment plan option. For an enrollment fee of $70, a family can opt to pay their portion of the tuition, room and board over a 10-month payment period, with no interest. Information on this Monthly Payment Option will be mailed in a separate package. If you need further information, call TMS at 1-800-722-4867 or visit their Web site at www.afford.com.

Regular Billing Schedule

Fall Semester bills will be mailed approximately July 13, 2007 and Spring Semester bills will be mailed approximately November 16, 2007. Average amounts and due dates are as follows:

  Tuition Room
(Average)
Board
(Plan B)
Fees Total
Fall 2007
Due 8/10/2007
$15,755 $2,000 $2,015 $210 $19,980
Spring 2008
Due 12/14/2007
$15,755 $2,000 $2,015 $210 $19,980
Total $31,510 $4,000 $4,030 $420 $39,960

Students are expected to pay, in full, tuition, room and board prior to attending classes for the upcoming semester. Accounts will be considered paid in full if, either a full year advance payment is made, the semester is paid prior to the due date, a contract with a monthly payment plan provider has been signed meeting OWU guidelines, or an estimated payment net of any financial aid award (difference to be paid within 10 days of award receipt) is made. The University assesses a service charge of 1% per month, on any balance not paid by the date payment is due. Any student with an unpaid balance during the semester will have a “hold” placed on their registration for the following semester's classes and will not be allowed to register, until the balance is paid.

Bookstore

Purchases at the bookstore can be paid for using cash, personal checks, OWU Card, Mastercard, Visa, Discover and American Express.

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