Wednesday, May 30th, 2012
Students may be aware that in some situations, payment of their tuition and fees is deferred to a later date. Tuition and fees are normally due at the end of the second week of classes, but qualifying students are able to postpone payment until the deferred fee payment deadline.
For students not receiving a deferment, tuition and fees are due on the University’s published payment deadline. The assumption with students receiving a deferment is that tuition and fees will be paid once the student’s financial aid disburses.
After a great deal of discussion between the Office for Student Financial Affairs (SFA) and the University Bursar (formerly University Financial Services), there will be some significant changes in the deferment process, beginning in the fall of 2012–13.
The biggest change is the deferred fee payment deadline itself—for fall of 2012–13, it will be October 12, 2012, significantly earlier than it has been in the past.
Students receiving the following aid will qualify for tuition and fee deferment status:
- Federal awards (including accepted Perkins and Direct Loans, and predicted Pell Grants)
- State awards (including Florida Bright Futures)
- Institutional awards
- College awards
Students receiving only the following aid will not qualify for deferment status:
- Custodial private scholarships
- Private loans
- Non-accepted Perkins and Direct Loans
Note: students awarded federal loans must accept those loans before the regular tuition and fee payment deadline in order to qualify for deferment.Tagged as: Bursar, Deferment