|Graduate Catalog StKate.edu|
The University year is divided into two semesters (three terms for the weekend calendar), with some graduate programs also offering courses during the summer session. Accounts must be paid in full or approved payment arrangements completed prior to registration for the following term. Payment of all charges for each term must be made in accordance with the Payment Agreement and Initial Disclosure form.
International students must make all payments in U.S. dollars. Transcripts and diplomas are held until accounts are paid in full.
The University offers the following payment options:
Standard Payment Option. Payment is due in full by the first day of class each term for any amounts not covered by financial aid. If you do not pay in full by the first day of classes you will be allowed to make installments. A 1% finance charge is assessed on the last day of each month on any unpaid balance.
Installment Option. Under this option, your account must be paid in full prior to the first day of registration for the following term. A hold is placed on your account after the 0% refund period for the current term; additionally, a 1% finance charge is assessed on the last day of each month on any unpaid balance. Monthly payments are required. It is highly recommended that 1/3 of the initial bill be paid on the first day of classes; 1/3 paid by the end of the first month of classes, and the balance paid in full prior to registration for the following semester or term. This schedule will ensure payment in full by the posted deadline for the term. The payment deadlines are published in the "Summary of Financial Procedures" brochure (also available online).
Employer Reimbursement. Students who submit employer reimbursement forms prior to the beginning of each term will qualify for an extension of the final payment due date. All fees for the term will be due no later than 30 days after grades have been posted for the applicable term. A 1% finance charge is assessed on the last day of each month on any unpaid balance. Any finance charge assessed is due regardless of when the employer reimbursement is received.