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


Undergraduate Payment Calculator

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.

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2014–15 Payment Options

Tuition1 (block) $26,220
Student Fee2 200
Room 3,600
Board3 2,750
Total $32,770
Subtract reservation deposit 250
Subtotal $32,520
Subtract financial aid 0
Total net cost $32,520

1Tuition varies according to the numbers of credits taken per term. Add $679 for each additional semester credit taken beyond 17 semester credits per semester.
2Weighted average of student fees
3Weighted average of meal plan options
4Late payment fees apply only after Aug 5
5Variable 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 5 (fall semester) or Jan 5 (spring semester)
  • Avoid any interest charges
Costs None
Late Fees $25/ late payment4
Number of Payments 2

Payment Notes Payment Schedule
  • The May 1 payment is the reservation deposit.
Due DateAmount Due
May 1$250.00
Aug 516,260.00
Jan 516,260.00
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 payment4
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 54,065.00
Sep 14,065.00
Oct 14,065.00
Nov 14,198.03
Jan 54,065.00
Feb 14,065.00
Mar 14,065.00
Apr 14,198.03

Total Interest Charges: $266.06

Monthly Budgeting Resource
Benefits
  • Allow you to make 12 nearly level payments/prepayments
  • May be customized to 10 or 11 monthly payments
  • Earns variable interest5 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 payment4
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$2,710.00
Jun 1 - Prepay2,710.00
Jul 1 - Prepay2,710.00
Aug 52,710.00
Sep 12,710.00
Oct 12,725.64
Nov 1 - Prepay2,710.00
Dec 1 - Prepay2,710.00
Jan 52,710.00
Feb 12,710.00
Mar 12,710.00
Apr 12,791.76

Total Interest Charges: $97.40

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.