Payment Calculator — Block Pricing

http://www.cedarville.edu/Offices/Cashiers/Payment-Calculator.aspx

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Payment Calculator — Block Pricing

This online calculator is a resource to help you determine which payment plan will work best for you. Simply enter your financial aid, update your payment schedule, and check out your options. This page is for students on block pricing— per credit hour students should view the payment options for per credit hour students page.

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2012–13 Payment Options

Tuition1 (block) $25,496
Room 3,140
Board2 2,400
Total $31,036
Subtract reservation deposit 250
Subtotal $30,786
Subtract financial aid
View My eAward
Total net cost $30,786

Print Payment Schedules

1Tuition varies according to the numbers of credits taken per term. Add $660 for each additional semester credit taken beyond 17 semester credits per semester.
2Weighted average of meal plan options
3Late payment fees apply only after Aug 4
4Variable PIC interest rate is currently 1% APR
†Please inform the cashiers office by phone if you are planning to use the monthly budgeting resource.

Payment in Full
Benefits
  • Pay the full semester cost by Aug 4 (fall semester) or Jan 4 (spring semester)
  • Avoid any interest charges
Costs None
Late Fees $25/ late payment3
Number of Payments 2
Payment Notes Payment Schedule
  • The May 1 payment is the reservation deposit.
Due DateAmount Due
May 1$250.00
Aug 415,393.00
Jan 415,393.00
Four-Payment Plan (8 per year)
Benefits
  • Allows you to pay four payments per semester (eight per year)
  • Involves no payment in December
Costs Interest charge of 1.083% per month on any unpaid balance.
Late Fees $25/ late payment3
Number of Payments 4 (eight per year)
Payment Notes Payment Schedule
  • The May 1 payment is the reservation deposit.
  • The Nov 1 payment is the final fall semester payment.
Due DateAmount Due
May 1$250.00
Aug 43,848.25
Sep 13,848.25
Oct 13,848.25
Nov 13,974.18
Jan 43,848.25
Feb 13,848.25
Mar 13,848.25
Apr 13,974.18

Total Interest Charges: $251.86
Monthly Budgeting Resource
Benefits
  • Allow you to make 12 nearly level payments/prepayments
  • May be customized to 10 or 11 monthly payments
  • Earns variable interest4 any time your credit balance exceeds $500 by the 1st day of each month
Costs Interest charge of 1.083% per month on any unpaid balance.
Late Fees $25/ late payment3
Number of Payments 12†
NOTE: Please inform the cashiers office by phone if you are planning to use the monthly budgeting resource.
Payment Notes Payment Schedule
  • The May 1 payment satisfies the $250 reservation deposit
  • The Oct 1 payment is the final fall semester payment.
Due DateAmount Due
May 1 - Prepay$2,565.50
Jun 1 - Prepay2,565.50
Jul 1 - Prepay2,565.50
Aug 42,565.50
Sep 12,565.50
Oct 12,580.31
Nov 1 - Prepay2,565.50
Dec 1 - Prepay2,565.50
Jan 42,565.50
Feb 12,565.50
Mar 12,565.50
Apr 12,642.90

Total Interest Charges: $92.21

Disclaimer: The payment schedules listed above are only estimations. Actual payment schedule will vary depending upon many factors, including timing of payments, financial aid awards, and additional charges made against a student account.