Financial Information

 

Tuition and Fees

Tuition and fees paid by students cover only a portion of the cost of a Tulane education. The difference is covered by endowments and gifts. Refer to the website http://pandora.tcs.tulane.edu/acctrec/tuition.asp for more detailed information on the cost of attending Tulane. Payment of the fees entitles a student to use facilities such as libraries and laboratories, mainframe and microcomputers, the Reily Student Recreation Center, to participate in extracurricular activities, to receive the student newspaper, and to attend campus events including athletic contests, movies and lectures. Tuition and fees must be paid by the due date listed on the bill; any balance unpaid by the stated due date is subject to interest charges.

Students who have obtained permission to register part-time (fewer than 12 hours) are assessed according to the number of credits carried and the division in which they are taken.

Course fees may be charged in addition to the tuition and fees stated above. If a course has an additional charge, it will be so noted on that course in the Schedule of Classes. An example of a course that requires an additional fee would be an applied music course.

Changes in the cost of tuition, fees, housing, and meals may occur. Whenever increases become necessary, the university will make every effort to keep them to a minimum.

Special Fees

A diploma registration fee is charged to graduating seniors who are not otherwise enrolled in the semester or summer term in which they are awarded their degrees. A student who completes the degree requirements in the fall semester, however, is not charged this fee if a degree is awarded at the spring commencement.

Students are responsible for equipment and materials assigned to them in laboratory courses. In the case of breakage or damage to equipment, individual fees are assessed.

Residence Halls and Meals

Residence hall room rates are subject to change annually. All first- and second-year students are required live in the residence halls and to subscribe to a meal plan. Contract prices for meal plans are subject to change annually.

Financial Obligations

Students are expected to meet their financial obligations to the university when they are due. No transcript of the record of a student indebted to the university will be issued, no registration materials will be released, and no diploma will be presented as long as an obligation remains unpaid.

Financial Aid

Tulane University seeks to offer educational opportunities to qualified students regardless of their current ability to meet their expenses. Toward this end, the University extends financial aid, based on need and merit, through scholarships, grants, loans, and campus employment.

Students who may need financial assistance are encouraged to apply for need-based financial aid through the Financial Aid Office. The CSS Profile form is used to apply for Tulane need-based scholarship, and a need-based scholarship offer is subsequently finalized for the year upon receipt of the Free Application for Federal Student Aid (FAFSA), tax and other documentation verifying the CSS Profile information. In addition to Tulane need-based scholarship assistance, students may apply for federal and state programs including the Federal Pell Grant Program, Federal Supplemental Educational Opportunity Grant, the Federal Perkins Loan Program, the Federal Stafford Loan Program, and the Federal Work Study Program by completing the FAFSA.

To be eligible for renewal of need-based financial aid, students must continue to demonstrate need and must achieve certain minimum scholastic standards. To be considered for renewal of aid from federal programs, students must demonstrate need, be making satisfactory academic progress as determined by their divisions and the Financial Aid Office, and must meet any additional standards set by the Department of Education.

Assistance is available for students who do not have financial need. Merit-based scholarships are offered to incoming first-year and transfer students who exhibit exceptional academic credentials in the admission application. Students also are urged to apply for scholarships offered by corporations and outside organizations.

On- and off-campus employment assistance is available through the Student Employment Office. Federal and private parent and student loan programs are available.

Short-term loans are available for emergencies during the academic year. These loans are restricted to one per academic year and may not exceed $175. Repayment is expected by the end of the semester. For more information contact the Student Loan Office.

More detailed information on programs available, eligibility requirements, and the application process is available from the Financial Aid Office.

Tuition Management Systems

Tuition Management Systems is a national service for families who prefer to pay tuition and other approved college expenses in monthly installments. For more information contact the Accounts Receivable Office.

Tulane Tuition Prepayment Plan

The Treasurer’s Office administers this plan to allow parents or students to prepay future years’ tuition at current rates. Prepayments are separately invested and earnings accrue to the fund to offset tuition increases. Student accounts are charged and credited with each semester’s cost of tuition. The program is available for a minimum of two years and a maximum of four years. The program covers basic tuition charges and the Academic Support Services Fee. It may not be used for student activity fees, Reily Center Fee, health center fee, room, board, or other charges.

Veterans’ Benefits

The Office of the University Registrar fulfills the university’s obligations to students receiving benefits from the Veterans Administration. To apply for benefits, students should contact the Veterans Administration office in their hometown for information regarding benefits, preferably before their first registration at the university.

The Veterans Administration sends either a Certificate of Eligibility or a Form DD214 directly to students, who must then bring it to the Office of the University Registrar. Students transferring from other colleges or universities should supply a transcript from their previous school and initiate Change-of-Training-Place applications at their hometown Veterans Administration Office. Student enrollments will be certified by the University for the Veterans Administration after registration for the semester.

Dependents may qualify for assistance under the Dependent Educational Assistance (DEA) Program, if either parent has died as a result of active wartime service in the armed forces. Eligible students should apply to their hometown Veterans Administration Office. Certification procedures are similar to the process for veterans. Students should direct questions to the Office of the University Registrar.

Return of Financial Aid When a Student Withdraws

The University’s policy on financial aid refunds applies to all withdrawals, regardless of the reason for withdrawal and whether the withdrawal is considered to be official or unofficial..

When a recipient of federal financial aid funds withdraws from the university during a period of enrollment (i.e. semester) in which the recipient began attendance, the institution must determine the amount of federal loan or grant assistance that the student earned as of the student’s withdrawal date. The percentage of aid that has been earned by the student is equal to the percentage of the semester that the student completed as of the student’s withdrawal date. If this date occurs after the completion of 60 percent of the semester, the student is considered to have earned 100 percent of the federal grant and/or loan assistance for the semester. Please note that in cases where a student ceases attendance without providing official notification to the university of his or her withdrawal from the university, the institution must consider the midpoint of the semester as the official date of withdrawal unless other institutional records indicating an earlier or later date are used. The student must contact the Newcomb-Tulane College Dean’s office to provide official notification of intent to withdraw.

If the total amount of federal grant or loan assistance, or both, that the student earned is less than the amount of federal grant or loan assistance that was disbursed to the student or on behalf of the student in the case of a PLUS loan, the difference between these amounts must be returned to the federal aid programs. The amounts of unearned federal aid must be returned regardless of whether the student is eligible to receive a refund of a portion of university fees, such as tuition, fees, or room and board fees. The amount to be returned to the federal student financial aid accounts will be returned to the programs from which the student received aid up to the amount of aid disbursed in the following priority order: Unsubsidized Federal Stafford loans, Subsidized Federal Stafford loans, Federal Perkins Loan, Federal PLUS loans received on behalf of the student, Federal Pell Grants, Federal SEOG grants, and LEAP grants.

If the total amount of federal grant or loan assistance, or both, that the student earned and completed an application for is greater than the total amount of federal grant and loan assistance that was disbursed to the student or on behalf of the student, as of the date of the institution’s determination that the student withdrew, the difference between these amounts must be treated as a post-withdrawal disbursement. If federal loan funds are used to credit a post withdrawal disbursement, the university must provide the student, or parent in the case of a PLUS loan, the opportunity to cancel all or a portion of the post-withdrawal disbursement. The university has 30 days to provide this notice to the student or parent. The student or parent must respond to the notice within 14 days of the date the institution sent the notification. If the student or parent does not respond, the university cannot make a post withdrawal disbursement of federal loan funds. After determining the return of funds to federal student financial aid, any amounts of institutional tuition and fees or room and board refunds in excess of the amount of aid returned to the federal aid accounts will be returned to the Tulane aid accounts up to the amount of aid disbursed. Any remaining amounts of institutional refund left over are then returned to the student and the student’s family.

Non-federal aid (such as institutional scholarship, outside scholarship and/or private educational loans) may also require adjustment in cases of student withdrawal. For example, institutional scholarship is generally pro-rated to final tuition charges, and private educational loans are generally reduced so that the post-withdrawal cost of attendance is not exceeded.