Paying Your Tuition Bill, Living Expense Refunds
and Medical Insurance
There are several ways to pay your tuition bill:
1. Cash/check payment including an electronic check
2. Credit Card (a 2.75% service fee is charged)
3. Using federal student loans
4. Using private loans
5. Using scholarships
6. Using an approved Monthly Payment Plan, administered by a third party
7. VA benefits, including Post 9/11 GI Bill benefits and the Yellow Ribbon Program
8. Payments from third parties such as college savings (529) plans and employers
9. A combination of two or more of the above options
Electronic check payments are made using CUA CardinalPay
When total payments (cash, loans, scholarships, etc.) exceed charges on your student account, the “excess” funds are refunded
to you. Typically charges are placed on your account approximately one month prior to the start of a semester. Payments are applied as funds are received. Loans and scholarship are applied to your account at the beginning of the semester.
Financial aid payments (loans and scholarships), usually referred to as disbursements, are made in two equal installments. For example, if you have requested $30,000 in student loans, you will receive a net amount of approximately $29,372 after the Department of Education has withheld loan origination fees. $14,686 will be disbursed for the fall semester in August, and the remaining $14,686 will be disbursed in early January.
There are two options for receiving refunds, by direct deposit into your personal bank account or by paper check. Direct deposit is arranged through the CUA CardinalPay system.
Important Note: Adjustments to your account, after a refund has been authorized, may result in you having to return a portion of the refund or additional refunds. Typical situations that require adjustments include:
1. Adding a class
2. Requesting medical insurance
3. Delayed disbursement of student loans
4. Delayed disbursement of third-party payments
The implications of medical insurance are discussed briefly on this page. A more detailed discussion may be found on the Medical Insurance page and the Title IV Authorization page.
Every student is initially charged for a CUA medical insurance plan. The plan is optional, and full-time students may waive enrollment if they have approved alternative coverage. Part-time students are not required to have medical insurance and the charge is removed automatically. The automatic removal of charges typically happens after refunds are calculated. CUA prefers that part-time students who wish to waive enrollment to do so after the charge has been applied, but before refunds have been calculated.
The medical insurance charge usually appears in July. Federal student loans may be used to pay for the CUA medical insurance plan, but only if you have completed an online Title IV Authorization giving CUA permission to use federal funds for charges other than tuition and fees.