Financial Information

Financial Aid

Beulah Heights University subscribes to the principle that the primary purpose of a financial assistance program is to provide aid to students who without such assistance would be unable to attend or remain in college. The Financial Aid Program is intended to assist students in meeting normal college expenses and to help as many students as possible. Although financial aid is awarded according to individual need and school costs, the applicant should realize that the amount of financial aid which may be granted seldom meets all of the student’s educational expenses.

The university believes that the primary responsibility for financing an education rests with the student and his or her family. The family of the applicant is expected to make an effort to assist the student with college expenses. The student also has a responsibility to contribute to his or her college expenses through such sources as savings, working, or borrowing a reasonable amount of funds needed to meet all expenses.

Method of Payment

Beulah Heights University accepts cash, personal check, MasterCard, VISA, and American Express.

Beulah Heights University reserves the right to accept cash only payment on accounts when deemed necessary. Beulah Heights University also reserves the right to prohibit a student from using the deferred payment plan if that student has not adhered to the deferred payment policy previously.

Payment Options

1. Payment in Full: The student must pay the account in full by the establish payment deadlines.
2. Financial Assistance: The eligible student may pay the account through Federal Financial Aid, Scholarship Awards, private loans, or approved tuition assistance programs. Each of these options must be processed through the Financial Aid Office.
3. Deferred Payment Plan: The student may pay the account in payments as outlined below:
   1. At registration, all fees are paid plus one half (1/2) total tuition.
   2. The student may authorize BHU to debit the remaining installments directly to student’s VISA, MasterCard or American Express accounts according to the payment schedule. Installments would equal one quarter (1/4) of the original total tuition (Fall and Spring semesters) or ½ the original total tuition (Summer term).
   3. The student must have pre-approval from the Business Office if the student does not have an available credit card or check card to meet the authorization requirement.
   4. Pay finance charges at a rate of 1.5% on any unpaid balance beginning thirty (30) days after registration. Finance charges must be paid by the 15th of the last scheduled automatic payment.
4. Combination of Options: The student receiving financial aid assistance that does not cover the entire account balance will need to combine payment options to satisfy the account balance.
   1. Financial assistance plus deferred payment allows the student to apply all financial aid available and then pay the balance according to the deferred payment plan. (Finance charges will apply.)

Students will be asked to sign an agreement with the university at the time of registration outlining total charges and deferred payment charges. Students who fail to adhere to the deferred payment agreement will be administratively withdrawn as of the 10th of the third month in Fall and Spring and after the 10th of the second month in the Summer term.

Finance charges are billed to anyone having an outstanding balance. Statements from the Business Office will be available to individuals on the deferred payment plan through the BHU student portal; statements are updated daily.

All financial obligations from previous semesters must be satisfied before the student will be allowed to register for subsequent semesters, receive grades, request transcripts, or take final exams.

Individuals with accounts over 120 days past due are subject to collections and will be responsible for any additional fees associated with collections.

Withdrawal Refund

College planning and budgeting must be done for the semester based upon the number of students that register. Many of the fixed expenses of operating an educational program are already allocated when the student registers and are not diminished by the student’s withdrawal. Understanding that circumstances may arise which necessitate the student to withdraw from one or more courses, the university has established set policy covering the withdrawal process.

Students withdrawing from one or more courses must complete the required forms for the withdrawal to be official. Refunds (if applicable) will be subject to the official withdrawal date on the completed form. Forms are available in the Office of the Registrar. Students who do not officially withdraw (verbally or in writing) are not eligible to receive a withdrawal refund. Verbal requests for withdrawal will not be deemed as valid until followed-up with a written request. Request must be made by either completing the online withdrawal request or emailing the registrar’s office.

For specific information on withdrawals and refunds, please see the Withdrawal Policy in the policies section of this catalog.