REGISTRATION, TUITION & FEES AND PAYMENT POLICY
Students are allowed to register as long as no holds (Tuition Balance, Academic, Perkins, etc.) exist on their account. Tuition and fees are due by the specified due dates for the corresponding term you are registered. (Refer to the Academic Calendar)
Registration is considered complete only when all charges are paid or satisfactory arrangements have been made. Tuition and fees may be paid by cash, check credit card (VISA, MasterCard, and Discover ONLY), financial aid authorization, or bank wire transfer. Credit card payments can be made on our website at the following URL: https://go.stu.edu/pay and or by logging in to your MYBOBCAT account.
If a student wishes to use anticipated financial aid funds toward payment at registration, he/she MUST have previously received a Financial Aid award. Should the Financial Aid award be less than the amount owed the University; the difference must be paid in full at the time of registration. Grants and loans administered by the University are credited to a student’s account once the award process has been completed, and after the add/drop period. Student loans are electronically disbursed to the University weekly excluding holidays or University closures. Some student loans are disbursed in the awarded amount less applicable processing fees. Student loans disbursed in the form of a paper check usually requires endorsement from the student before it can be applied to his/her account. Students will be emailed upon the arrival of the check and will need to visit the office Business Office with valid identification to endorse the check. Valid identification includes a state driver’s license, student ID or passport.
In addition, all unpaid balances (net of financial aid and payment plans) are assessed a monthly late payment fee. This fee is based on 5% annual percentage rate (APR) of the outstanding balance until the balance is paid in full.
PAYMENT REQUIREMENTS AND STUDENT RESPONSIBILITY REGARDING ACCOUNTS
All charges (tuition, housing, health insurance, and fees) are due by specified dates for the corresponding term you are registered (see the academic calendar) https://www.stu.edu/Academics/Academic-Calendar.html New charges are due and payable when assessed.
It is the student’s responsibility to regularly check the status of his/her student account by logging into their MYBOBCAT account or by contacting the Business Office by phone: (305) 474-6977 or by email: email@example.com
*STUDENTS MUST BE REGISTERED FOR THE SEMESTER IN ORDER TO LIVE ON CAMPUS*
WIRE TRANSFER PAYMENTS
Wire transfer of funds for payment on your account at St. Thomas University can be handled through any full service bank in your area. Direct your wire transfer to:
Sun Trust/Miami, N.A.
Corporate Cash Management
777 Brickell Avenue
Miami, Florida 33131
ABA Number: 061000104
Account Number: 0189001210477
SWIFT CODE: SNTRUS3A
St. Thomas University
16401 Northwest 37th Avenue
Miami Gardens, Florida 33054
Phone: (305) 474-6977
To ensure funds are accurately credited to your account, student’s full name and ID number MUST be included in the wire transmission. Wires received without a student’s name or student ID number will be returned to the sender in the manner in which it was received.
MONTHLY BILLS are sent to all students with an outstanding balance, until the balance is paid in full. These bills are sent electronically to the student’s STU email address on record.
DEGREE & CERTIFICATE APPLICATION INFORMATION
If an outstanding obligation exists, such as a past due tuition balance or Perkins exit interview, a diploma will not be released and the student will not be eligible to participate in the commencement ceremony.
ANTICIPATED FINANCIAL AID
Students are responsible for 100% of account balance if financial aid has not been processed or if they are not eligible to receive financial aid. All financial aid recipients MUST pay the difference between the total tuition and anticipated financial aid or scholarship awards by the payment deadline and sign a promissory note each semester/term. If you register online, your registration statement is your promissory note.
FEDERAL WORK STUDY PAYMENTS
Students who decide to apply their Federal Work Study (FWS) award towards their student account balance are required to sign a work-study agreement form at the Business Office or online here.
This will give authorization for a student’s payroll checks to be delivered directly to the Business Office and applied to the student’s account. If a student elects to have their work-study check applied to their account, a work-study agreement form is required each semester/term Federal Work-Study is awarded.
Students who have not completed registration by the first day of the term will be assessed a $150 late registration fee after the first week.