Room & Board Payments

Semester Payment Plan

The above payment schedule is provided to help illustrate that the full amount of room and board is due by November 1 of the Fall semester. You may, however, begin making payments prior to August 1. You may make more frequent payments in smaller amounts, as long as $737.50 is paid by August 1 and the total room and board charge is paid in full by November 1. Students who officially cancel their admission before the first day of classes will receive a refund of 100% for Health/Technology/Services Fee (acceptance fee), room, board, and the security deposit. Current students see the College catalog for the full-refund policy (http://catalog.cofo.edu/index.php?catoid=2).

The above payment schedule is provided to help illustrate that the full amount of room and board is due by April 2 of the Spring semester. You may, however, begin making payments
prior to January 2. You may make more frequent payments in smaller amounts, as long as $737.50 is paid by January 2 and the total room and board charge is paid in full by April 1.
Students who officially cancel their admission before the first day of classes will receive a refund of 100% for Health/Technology/Services Fee (acceptance fee), room, board, and the
security deposit Current students see the College catalog for the full-refund policy (http://www.cofo.edu/images/Catalog/current.pdf).

Once accepted, you may begin making room & board payments. Students will be charged $2,950.00 when their class schedule is established. This may be met in one of the following ways:

• Cash payment of $2,950.00 by August 1 and/or January 2,
• Payment schedule as illustrated above,
• Work on campus for six (6) or twelve (12) weeks during the summer. These 40-hour weeks accumulate credit for future semesters' room and board charges at the rate of six (6) weeks per semester,
• Receive a scholarship for room and board,
• Apply for a privately funded educational loan, which is available to students and their parents through various lending institutions. A co-borrower is required on the loan. Students who want to borrow on their own signature will be subject to a higher interest rate. Minimum loan is $500.00. Receipt of the loan is based on the creditworthiness of the applicants. A credit bureau report will be obtained for the student and co-borrower. One must have a minimum credit history of two years.

The College accepts payments online by electronic check (e-Check), MasterCard, Discover, American Express, or Diners Club at https://campusweb.cofo.edu/ics/online_payments. Payments may also be made with personal checks, cashier’s checks, or money orders.