Please note: This is NOT the most current catalog.
Financing Your Education
St. Olaf College charges its students a comprehensive
fee which is set annually. This fee includes tuition up to a maximum
course load of 4.50 courses per semester, academic fees, full board
and room for on-campus students (special arrangements are made
for off-campus students), class dues, subscriptions to the college
yearbook and newspaper and admission to athletic events, artist
series and convocations.
Comprehensive Fee for 2005-2006
|Total for 2005-06
Full-time students who take more than 4.50 courses
in any semester will be charged an additional tuition fee at the
rate of $100 per quarter course in excess of 4.50 courses. Full-time
students taking private music lessons will be charged the extra
tuition fee only for that portion of their course load which is
over 4.50 courses, exclusive of music lessons.
Additional costs should be anticipated for books,
outpatient health service charges, private lessons in music and
special courses, including study skills and off-campus programs.
(See “Additional Costs and Fees” below
for detailed information.)
St. Olaf aims to maintain all published charges
throughout the school year, but reserves the right to make adjustments
and change procedures should unforeseen conditions make it necessary.
Monthly Payment Plan*: Ten equal payments on the
balance due (after financial aid and $600 prepayment) beginning
June 15. Students enrolling in this plan after June 15 may double
or triple the first payment to catch up on missed payments. Participation
fee of $80 $75.
Quarterly Payment Plan: Four equal payments
on the balance due (after financial aid and $600
$500 prepayment) beginning June 15 and continuing on September
15, December 15, and March 15. Participation fee of $80 $75.
The Semester Payment Plan: Students pay in two installments.
The First Semester is due on August 19, 2005 August 20, 2004; the Second Semester
payment is due on January 20, 2006 January 14, 2005. If payments are not made on
time, a finance charge of 1% a month is assessed on the unpaid
Single Payment Plan: After the prepayment of $600
is received, a single payment of $31,950 $30,100 by August 19, 2005 August 20, 2004, will
yield a $250 discount on the $30,950 comprehensive fee. The discount
is not available to students receiving need-based financial aid.
The discount is pro-rated for merit scholarship recipients and
for students who receive non-need-based loans.
* The monthly and quarterly payment plans are administered
by Tuition Management Systems (TMS) and Academic Management Services
(AMS). Both the monthly and quarterly payment plans permit families
to finance an amount up to the comprehensive fee minus any financial
aid awarded by the college. No finance charge will be assessed
on monthly or quarterly plans as long as payments are current.
TMS and AMS offer a life insurance feature for participants.
For more information contact: The Student Accounts
Office, 1520 St. Olaf Avenue, St. Olaf College, Northfield, MN
55057-1098, Tel: (507) 646-3296 or (507) 646-3766 or contact TMS
directly at 800-722-4867 or AMS at 800-635-0210.
PAYMENT SCHEDULE FOR 2004-05
The comprehensive fee is regarded as an annual charge
rather than the sum of charges for each term. Payments for the
2004-05 academic year are due as follows:
$600: Payment due on or before June 15, 2004 (see “Advanced Payment” section
$14,875: Due on or before August 20, 2004.
$15,475: Due on or before January 14, 2005.
For students enrolled for part of the year, the charge
Fall Semester only: $15,185
Interim and Spring Semester only: $15,765
Spring Semester only: $15,185
ADVANCED PAYMENTS FOR 2004-05 2006-07
New Students, $600: Accepted applicants for
admission to St. Olaf College will receive notice of an initial
payment of $300 to be paid on or before May 1, 2006 2005.
An additional payment of $300 will be due on or before June 15, 2006
2005. The total of $600
will be credited to the September 2006 2005
comprehensive fee and is not transferable or refundable.
Returning Students, $600: All returning students
are required to make a reservation payment of $600 on or before
March 17, 2006 March 18, 2005, to indicate their intention to re-enroll at St.
Olaf in September 2006 2005. Only those who have made this payment by
the March 17 18 deadline are eligible for room draw and registration
appointments in May. This payment will be accepted by the Business
Office only on settled accounts.
The $600 reservation payment will be credited to
the September 2006 2005 comprehensive fee and is not transferable. It
is subject to the following refund schedule, if intent to withdraw
from St. Olaf is communicated to the Office of the Dean of Students:
On or before April 1, 2006 2005:
On or before May 1, 2006 2005: $450
On or before June 1, 2006 2005: $300
On or before July 1, 2006 2005: $150
After July 1, 2006 2005: $0
As an exception, the $600 reservation payment is
fully refundable for those students who do all of
- File a free application for federal student aid
(FAFSA) prior to April 1, 2006 2005, and
- Determine the financial aid award offered is not sufficient
to permit re-enrollment at St. Olaf, and
- Notify the Office of the Dean of Students prior to June
1, 2006 2005, or within two weeks of receiving their financial aid
award, that they will not be re-enrolling at St. Olaf in September
ADDITIONAL FEES AND COSTS
(New Students) — $40 $35. Application for admission to St.
Olaf College must be accompanied by a fee of $40 $35. This fee is intended to signify
the good intention of the applicant and will be used to cover part of the cost
of processing the application. It is not refundable and cannot be credited
to the comprehensive fee.
Books and Supplies —$900 $850
average per year depending on course of study. Payable by cash,
check or credit card (Discover, Visa, Master Card).
Fees for Private Music Lessons — $320 $300 (in addition
to tuition charge). One 30-minute lesson per week, per semester,
in voice, piano, organ, orchestral or band instruments. If a student
drops a private music lesson after the beginning of classes for
that term (first day of the semester), there is no refund of the
Other Tuition Charges — Students who
are permitted to register for less than three courses are known
as part-time students and will be charged at the following rates:
Per full course: $3,310 $3,140
Per half course:$1,655 $1,570
Per quarter course: $828 $785
Overload Charge — $100 per quarter credit for
course loads in excess of 4.50.
Foreign Language Proficiency
Test — $10
Handling Fee — $25. This fee assigned to cover
expenses pertaining to late registrations, changes in registration
and special petitions accepted by the registrar.
Transcript Fee — Official transcripts are $3
each, paid in advance.
Finance Charge — 1% of unpaid balance/accumulated
Off-campus Nursing Program Costs — Students
enrolled in the Bachelor of Arts-Nursing program must pay costs
of immunizations, CPR certification, transportation to clinical
sites per college policy, parking, uniforms, laboratory supplies
and the college nursing pin.
Other Off-campus Programs — Many programs off
campus involve additional costs beyond the comprehensive fee. Consult
the appropriate office or program adviser for details.
POST GRADUATE STUDIES TUITION REDUCTIONS
Graduates who wish to pursue nursing, student teaching,
a second major or other additional coursework may qualify for a
reduced tuition. Consult the Office of Lifelong Learning for more
SETTLEMENT OF ACCOUNT
All accounts are expected to be paid according to
the schedule noted above. Any variation from this schedule shall
be arranged with Student Accounts.
On accounts carried beyond September 30 for first
semester amounts due, and beyond February 28 for second semester
amounts due, a finance charge of one percent per month (equivalent
to a 12 percent annual rate) will be added.
No student is permitted to register if the account
for a preceding semester has not been paid in full.
Money due a student from loans or scholarships is
applied on the student’s
account and is not given in cash unless the account is paid in full. Work earnings
are credited to the student’s comprehensive account or bank account
upon designation on the basis of actual hours worked less taxes.
The college reserves the right to withhold statements
of honorable dismissal, transcripts of courses and grades or diplomas
until all college bills have been paid, or until satisfactory arrangements
have been made with the Student Accounting Office treasurer.
Tuition, room, board and fees refunds for anyone
leaving within five weeks after the beginning date of any semester
will be determined according to the following graduated scale:
One week or less — 90% refund
Two weeks or less — 80% refund
Three weeks or less — 60% refund
Four weeks or less — 40% refund
Five weeks or less — 20% refund
Over five weeks — No refund
After five weeks, no refunds will be made on tuition.
Room and board refunds will be prorated based on the number of
weeks of attendance. Students who withdraw for medical reasons
may receive a pro-rated refund of tuition throughout the semester
and may be asked to provide the Dean of Students Office with documentation
from a health-care provider.
Refund of Interim charges in case of withdrawal
will be calculated on a similar basis with two days of an Interim
equivalent to one week of a semester. In those cases where a change
is made in courses involving a charge, the above scale will also
apply. No refunds in fees will be made for absences from private
lessons, except on account of illness of more than two weeks’ duration.
Students dismissed because of unsatisfactory work
or infringement of college rules will receive refunds as determined
by the administration.
Students who enroll for the academic year but who
elect to omit an Interim are not eligible for tuition or room credit/refund
for the Interim. They may apply for an Interim board refund. Refunds
will not be given for absences of less than seven consecutive days.
The board refund request form (available in the Student Accounts
Office) must be filed by the student before he or she leaves for
Interim. If not filled out at that time, no refund will be given.
Students who attend St. Olaf for Fall Semester only,
Fall Semester and Interim only, Interim and Spring Semester only,
or Spring Semester only will be charged half of the annual tuition.
Room and board will be prorated to reflect the partial-year enrollment.
The Withdrawal Process
In order to begin the withdrawal process, a student
must contact the Dean of Students Office (verbally or in writing)
to begin the paperwork necessary to withdraw or take a leave of
absence from St. Olaf. For the purposes of comprehensive fee refunds
and financial aid refunds, the date of withdrawal is established
as the date the student notifies the Dean of Students Office of
his/her plans to withdraw.
Federal Financial Aid Refunds
If the student withdraws before completing 60% of
the semester, federal regulations require a return of Title IV
financial aid if a student received financial assistance from the
Federal Pell Grant, Federal SEOG, Federal Perkins Loan, Federal
Stafford Loan (subsidized or unsubsidized) and/or the Federal PLUS
Loan program. The percentage of Title IV aid to be returned is equal to
the number of calendar days remaining in the semester divided by
the number of calendar days in the semester. Scheduled breaks of
more than four consecutive days are excluded.
If any funds are to be returned after the return
of Title IV aid, they will be used to repay St. Olaf funds, state
funds, other private sources and the student in proportion to the
amount received from each non-federal source, as long as there
was no unpaid balance at the time of withdrawal. If there was an
unpaid balance, then all aid sources will be repaid before any
funds are returned to the student.
Institutional Financial Aid Refunds
If a student is receiving only St. Olaf gift funds,
the amount of reduction of the scholarship and grant funds will
be pro-rated, reflecting the percentage of the comprehensive fee
refunded. For example, if 40% of the comprehensive fee is refunded,
40% of scholarships and grants will be refunded.