The Business Office
The Business Office primary function is to ensure accurate recordings of student account activity, payments, and other financial transactions. Our primary goal is to provide this service to the faculty, staff, and students with the highest level of quality, respect, and courtesy.
Payment types
Students have five payments options:
(1) Pay in full at the time of registration.
(2) Apply for financial aid.
(3) Pay with cash.
(4) Arrange a payment plan with the University (with a deposit).
(5) Utilize a purchase order from sponsor or Employer.
Cash, Personal checks, money orders, VISA, Master Card, American Express, and certified or cashier’s checks drawn on banks in the United States will be accepted for all payments. Electronic transfers/wired payments from overseas banks will be accepted only for tuition and fees for the current term.
All financial obligations for the previous semester must be met before a student begins a new registration process. A past due balance for any student will require the university to withhold grades, diplomas, and transcripts. Students who are delinquent in their payments are responsible for the cost of collection including court cost and attorneys, fees with 1% interest charged from the day of registration. If students fall behind with scheduled payments, they risk the ability to receive any additional service from the University including registering for future semesters. Students who do not pay the total tuition and fees at the time of registration will be allowed to register and attend classes only if they possess:
- A valid and current “Award Letter” signed by the Financial Aid Officer, or
- A valid Purchase Order from Sponsor or Employer; or
- A “Payment Plan Agreement” issued by the Business Office.
Students are fully liable and responsible for tuition and fees covered by sponsorship in the event sponsors refuse payment for any reason. Payment is due and payable before the final exam of the respective term.
Payment Plan Agreement
Students who do not have sufficient funds to pay the full cost of registration, do not qualify for Student Financial Aid and do not have payment guaranteed by a sponsor, may contact the Business Office to enter into a payment plan agreement. Students who enters a legally binding tuition payment contract with Asher University are required to pay their tuition in three (16) equal installments. The first payment will be due at the time of registration. The payment will constitute one third of the tuition and the fees owed plus the $100.00 payment plan fee. Subsequent installments are due as agreed upon in the payment plan contract. If a scheduled payment is more than five days late, a $50.00 penalty fee will be applied. Students who have established a payment plan but do not meet the required payment will be denied any university services until the debt has been paid in full. The debt will also be assigned to collection and any failure of payment will be reported to the Credit Bureau.
Tuition refund policy
Date of Withdrawal for Portions of Tuition Refunded
Withdrawal prior to the University’s first week of classes 100%
Withdrawal during the first week of classes 75%
Withdrawal during the second week of classes 50%
Withdrawal after the second week of classes 0%
Students who receive financial aid will be subject to an institutional refund or the pro-rate refund policy as specified by the United States Department of Education, as the case may warrant. More details on these policies are contained in the Financial Aid Package available from the Financial Aid Office.