MOST FREQUENTLY ASKED QUESTIONS  

1. WHEN ARE THE TUITION BILLS SENT AND WHAT IS THE DUE DATE?

The annual tuition charge is billed half in the Fall and half in the Spring.  Fall semester bills are mailed in July and are due August; Spring semester bills are mailed November and are due December.

2. WILL MY FEDERAL LOANS, STAFFORD AND/OR PLUS,   APPEAR ON MY 1ST BILL?

NO, your Stafford, Subsidized, Unsubsidized and PLUS loans will not appear on your 1^st semester bill. Initial invoices do NOT reflect the amount of a loan check, as the check cannot be deposited or posted on the invoice until it is signed by the student.

Students are encouraged to borrow federal loan funds through an approved EFT(Electronic Funds Transfer) lender. Funds delivered via EFT will be directly deposited to the students' tuition account.

If the student has borrowed through a non-participating EFT lender, he/she will be required to come to the Bursar's Office to endorse the loan check. PLUS loan checks will be sent by the Financial Assistance Office to the parent for endorsement.

Federal regulations prohibit the deposit of loan proceeds, either check or EFT, prior to 10 days before the classes start.

3. CAN I DEDUCT MY LOAN CHECK FROM THE INVOICE?

YES, you may deduct the approved loan amount(less the bank's origination fees) from the balance due on the invoice.

4. CAN THE FULL AMOUNT OF MY LOAN FOR THE YEAR BE DEDUCTED FOR ONE SEMESTER?

NO, both check and EFT funds are sent in two disbursements, less the bank's origination fee. The first half of the loan amount is applied to the Fall semester and the second half  to the Spring semester.

5. DOES THE INVOICE NEED TO BE PAID IN FULL BY THE DUE DATE?

YES, the account must be paid in full by the due date.

6. DOES VILLANOVA OFFER A BUDGET PAYMENT PLAN?

YES, if you would like to spread your educational expenses over monthly payments you may want to contact an outside agency, Academic Management Services (1-800-635-0120) for additional information about their tuition payment plans.

7. IF I RECEIVE OUTSIDE SCHOLARSHIPS, WHAT SHOULD I DO?

Please send a copy of the scholarship award letter directly to the BURSAR'S OFFICE, Attention: Charlotte Merker.

If an invoice is required, please send a copy of your Villanova invoice directly to the scholarship foundation. This should expedite payment of any private scholarship.

If the scholarship foundation requires a direct invoice from Villanova University, please send the billing authorization to Charlotte Merker as soon as possible.

Please be aware that recipients of private scholarships should note that most outside scholarships are usually mailed directly to the University. These scholarship checks must be in the student's accounts by the first official day of class or a late fee may be incurred.

8. DOES THE UNIVERSITY ACCEPT CREDIT CARD FOR PAYMENTS?

YES, Villanova accepts VISA, MASTERCARD, and DISCOVER. On the reverse side of the invoice there is a space provided to authorize payment by credit card. To avoid a delay in processing your payment, please remember to write the student's social security number on the authorization form. If you are charging $5,000.00 or more, please call your bank for authorization before submitting credit card payment request. Please include card member's daytime telephone number.