FINANCIAL POLICIES

TERMS OF PAYMENT
Walsh University requires the following payment terms:

1.  All charges for tuition, fees, room and board are due no later than the first day of
classes each semester, or

2.  Students electing the Walsh University Payment Plan, offered through Tuition
Management Systems, must be enrolled in the program no later than the first day
of classes each semester. An enrollment fee of $60 is charged to participate in the
program. (Please contact the Student Service Center for information regarding the
payment plan., or to enroll online, visit the Walsh University Tuition Management Payment Center in the "Financial Aid" section of www.walsh.edu)

3.  Students participating in the Employer Reimbursement Program must be enrolled
in the program no later than the first day of classes each semester. For details see
below.

Students that do not follow the required payment terms will be charged interest at a rate of 12% (1% per month) on any outstanding balance. Students enrolled in the tuition payment plan or the Employer Reimbursement Program are exempt from interest charges if they adhere to the published payment schedule. 

WITHDRAWAL POLICY
Registration for classes creates a contract for payment of tuition, fees, and charges. A student choosing not to attend Walsh University must officially withdraw during the first 6 business days of the fall or spring semester or are obligated to pay all charges in full. Withdrawal must be made in writing through the Student Service Center. Non-attendance to class or notification to a professor does not constitute an official withdrawal.

Withdrawal from a class or from the University on or before the sixth business day will cancel all financial obligations to the University.

FALL AND SPRING SEMESTERS 

• Six (6) business days or earlier ............ 100% of tuition
• Seven (7) business days or later ..................... no refund

Summer Sessions 

• One (1) business day or earlier ............ 100% of tuition
• Two (2) business days or later ........................ no refund

If a student withdraws from a class or from the University beyond the withdrawal dead¬line date and therefore does not receive an adjustment to tuition, the University may still be required to return a portion of the federal and/or state financial aid to the appropriate programs. Any balance created on the student's account as a result of this transaction is the responsibility of the student. Students considering a withdrawal are encouraged to first consult with a financial aid advisor located in the Student Service Center.

If a student withdraws or reduces the number of credit hours after the refund period for reasons beyond his or her control, a detailed letter may be submitted to the Fees and Charges Appeals Committee explaining the extenuating circumstances.

The University will not grant a refund of charges for any withdrawal or reduction in hours beyond the established deadline without an approval from the Fees and Charges Appeals Committee.

Detailed appeal letters documenting the extenuating circumstances can be addressed to Walsh University, Fees and Charges Appeals Committee, Finance Department, Attn.: Carrie Bast, 2020 East Maple Street, North Canton, Ohio 44720.

UNPAID BALANCES
Students with outstanding balances may not register for classes, receive grades, partici¬pate in graduation ceremonies, or receive a diploma or transcript of credits.

Balances that remain outstanding for over 150 days will be turned over to a collection agency and collection costs of approximately 35% will be added to the outstanding account balance.

EMPLOYER REIMBURSEMENT PROGRAM
A student whose employer offers an educational reimbursement benefit may elect to participate in the Walsh University Employer Reimbursement Program.

Students wishing to enroll in Walsh University's Employer Reimbursement Program must complete the enrollment form available in the Student Service Center.

The form must be turned in to the Student Service Center (Attn.: Sue Metzger) to be enrolled in this program. The form should be submitted at the time of registration. Students shall be subject to interest charges until the application is completed and submitted to the Student Service Center.
Participants in the program receive the following benefits: 

• Exemption from interest charges for that semester; 
• Eligibility to register for classes with an outstanding balance exceeding $1,000; 
• Permission to delay final payment until 30 days after the last day of that semester.

After a student is enrolled in the program, there is no need to reapply in succeeding semesters. In the fall of each year, all participants in this program are required to submit a letter from their employer stating that they remain eligible for the educational reimbursement benefit. The student is responsible for notifying the University of any change in eligibility or employment status.

If a student fails to make final payment within thirty (30) days following the completion of the academic semester, the University may elect to remove the student from the program.

CHECKS RETURNED
Walsh assesses a $29 service charge to those individuals whose checks, made payable to Walsh University, are returned by the bank because of insuffcient funds.