Tuition and Fees
Commitment Deposit (Nonrefundable)
New U.S. Students and International Students
|Undergraduate full-time tuition (per academic year)||$48,180|
|Undergraduate part-time tuition (per three-credit course)||$4,818|
|Undergraduate winter & summer tuition (per three-credit course)||$4,818|
|Online Degree Completion Program (per three-credit course)||$2,265|
|Graduate tuition (per three-credit course)||$4,620|
Student Activity Fees
|*The full activity fee is assessed to day program students who fall below nine credits.|
Student Health Insurance
|Undergraduate and Graduate per year||$1,826|
|Unlimited meal plan||$6,420|
|Average room rate||$9,920|
|Undergraduate Technology Fee||$1,310|
|Undergraduate Technology Fee*||$60|
|*The full technology program fee is assessed to day program students who fall below nine credits.|
|Full-time Graduate Students||$270|
|Part-time Graduate Students||$130|
|Enrollment Fee (includes transfer students) Undergraduate Students||$250|
|International Fee Undergraduate Students||$200|
|International Fee Graduate Students||$250|
|Accelerated Program Fee (BS/MSA)||$4,000|
BENTLEY UNIVERSITY PAYMENT PLAN
Bentley University has developed a new payment plan which allows students to split up their balance owed on their student account over a maximum of five payments for a nominal fee of $35. Please visit bentley.edu/sfs for more details on this plan.
ROOM AND BOARD
Although payable by semester, room charges are for the entire academic year. If a student agrees to the Housing and Meal Plan Contract and moves into housing, the student is obligated to pay for the entire academic year of housing, as long as the student is enrolled in any division of Bentley University (except education abroad and some internship programs).
Requests for exceptions would be directed, in writing, to the Associate Director of the Residential Center.
Withdrawal from housing, between semesters does not warrant a refund unless the student meets all three of the following conditions:
- Does not register at Bentley University for any courses, graduates, is on an internship, or dismissed for academic reasons.
- Informs the Residential Center through the email@example.com account no later than December 4, 2018, for cancellation of the spring semester.
- Gains the approval of the Associate Director of the Residential Center. Housing charges accrue until your petition to withdraw has been approved, the Housing Amendment form has been completed, and the student has vacated from Bentley housing.
It is the responsibility of students to cancel their meal plan through The Housing Student Self-Service Portal. Termination of residency in the residence halls does not automatically result in withdrawal from the meal plan. Students remain financially responsible for their meal plans until the Residential Center officially approves withdrawal from the plan. Board payment is then refundable; it is prorated from the date on which students’ withdrawal from the contract is approved.
In general, students spend more than $1,000 for books and supplies during an academic year. Books and supplies issued to military veterans under Public Law 894 and 815 are billed to the government. All students living in university housing must pay a refundable damage deposit of $100. Deposits are refundable in August, after inspection of the premises and deduction of applicable charges. Students who bring cars on campus are required to register them with University Police. Resident freshmen are not allowed to park their vehicles on campus.
All refund requests must be submitted in writing to Student Financial Services, in the Rauch Administration Building, Room 132.
Withdrawal credits for tuition are made according to the following schedule:
|Withdrawal period||Amount to be credited|
|First week||100 percent|
|Second week||80 percent|
|Third week||60 percent|
|Fourth week||40 percent|
|Fifth week||20 percent|
|No refund after end of fifth week.|
In the case of course withdrawal, scholarships initially credited toward tuition balances are subject to the same withdrawal credit percentage as the tuition charge. No cash refunds of scholarships are made.
Note: Bentley University has partnered with Liberty Mutual to offer Tuition Insurance. The insurance provides 100% reimbursement for tuition, room, board and most other fees. Learn more and review the plan coverage to determine if it meets your needs at: www.libertymutual.com/bentleytuition
FEDERAL POLICY FOR RETURN OF FEDERAL FUNDS
A federal regulation specifies how colleges and universities must determine the amount of federal financial aid a student earns if he/she withdraws or is withdrawn from the college or university, which differs from the university's refund policy and applies only to students receiving federal student aid. The law mandates that Bentley use a specific formula to calculate the percentage of federal student aid "earned" at the point of withdrawal. The amount of assistance that a student has earned is determined by the percentage of the semester completed. For example, if he/she has completed 30 percent of the semester, he/she earns 30 percent of the federal aid they were originally scheduled to receive. Once a student has completed more than 60 percent of the semester, he/she is considered to have earned all of their federal assistance.
If a student received excess funds that must be returned, Bentley University must return a portion of the excess equal to the lesser of the qualifying institutional charges for the term multiplied by the unearned percentage of the funds, or the entire amount of the excess funds.
If the university is not required to return all of the excess funds, the student must return the remaining amount. Any loan funds that he/she must return, the student (or his/her parent for a PLUS loan) repays in accordance with the terms of the promissory note. That is, the student makes scheduled payments to the holder of the loan over a period of time.
If a student is responsible for returning grant funds, he/she does not have to return the full amount. The law provides that he/she is not required to return 50 percent of the grant assistance received that it is the student’s responsibility to repay. Any amount that does have to be returned is a grant overpayment and the student must make arrangements with the Department of Education to return the funds and will be ineligible for future federal student aid until completed. If Bentley must return part of his/her financial aid and the removal of those funds from their account creates a balance due, the student will be billed for this balance.
A student has tuition charges of $24,090 and no room or board charges for the fall semester. The student pays $22,340 toward the bill and the rest is covered by a federal Stafford Loan for $1,750. The student withdraws from the university after completing 40 percent of the semester. The student is considered to have earned 40 percent of the aid received, or $700. The remaining 60 percent, or $1,050, must be returned. Bentley will return $1,050 of the loan from the student’s account to the lender. This leaves an unpaid balance of $1,050 on the student’s account. The student will be billed by the university for this amount and is responsible for paying, since not all of the aid used to pay the initial bill was considered to have been earned by the student.
APPLICATION OF FINANCIAL ASSISTANCE TO STUDENT ACCOUNT
Financial assistance is generally awarded for the full academic year; aid is disbursed by semester. At the start of each semester, one-half of the aid is credited to the student’s account.. Institutional grants and scholarships are generally credited at the start of each term. Grants from the federal government or state agencies are also disbursed each term but may be credited later than institutional aid due to additional processing requirements. Loans cannot be disbursed until promissory notes are completed and any counseling requirements are met and may also be delayed due to additional processing steps. Finally, students and parents who wish to have federal aid applied to their account to pay charges in excess of tuition and fees should complete a Title IV Credit Authorization Form, available on the Office of Financial Assistance's web page.
STUDENT FINANCIAL SERVICES BILLING AND COLLECTION POLICY
Student Financial Services is responsible for billing and collecting fees for tuition, housing, meal plans, health insurance, computers, parking violations and any other applicable charges.
Our goal is to work with students and parents to resolve outstanding balances. We understand that students and their families may experience financial difficulties and it is important for those types of issues to be communicated to our office at an early stage. Bentley University offers payment plans to assist with the budgeting of the cost of education. However, those plans are only available to students prior to the due date of their bill.
We URGE students and/or parents to contact our office prior to the due date of the bill to discuss any financial concerns that they may have. The earlier the issue is discussed, the more tools we have to assist students in resolving the situation.
Bentley University recognizes that employers may pay some costs on behalf of students/employees. These agreements are made between the student and their employer and are not contractual agreements with the University. We do not bill companies/employers for student tuition. Students are expected to pay the balance due at the time of registration or by the due date for the semester.
Bentley University does not accept foreign checks under $250.
Bentley University does not accept foreign currency traveler's checks.
It is the student’s responsibility to update Bentley University of address changes.
Each semester, all students are required to agree to the “Terms and Conditions of Payment Obligation” form prior to registering for classes through MyBentley.
If the balance is not resolved by the due date, a financial hold will be placed on the account. This financial hold will prevent students from registering for classes, changing their course schedule, senior week activities, the graduation ceremony and from obtaining diplomas and/or transcripts. If applicable, the student may also be required to move out of housing.
Accounts with unresolved balances are subject to late payment fees of $100 each.
If a balance remains unpaid the account will be assigned to the Bentley University Collection Department. If an acceptable payment arrangement cannot be reached, the account will be assigned to a collection agency. There are several consequences that accompany that action:
- The account will be reported in a default/collection agency status to the credit bureau. This may prevent the student from obtaining credit in the future.
- The student will be assessed collection fees between 25 percent and 50 percent and possible legal fees in addition to the outstanding balance owed to Bentley University.
- Any future classes that the student plans on taking at Bentley University must be prepaid (in full) via certified funds.
Please note, students that default on their Bentley University Perkins loans are subject to the following consequences:
1. The loan will be reported in default/collection agency status to the credit bureau. This may prevent the student from obtaining credit in the future.
2. The student will be assessed collection fees between 25% and 50% and possible legal fees in addition to the outstanding balance owed to Bentley University.
3. The student will not be eligible to obtain any title IV aid at any institution.
4. The student is not eligible to receive a transcript from Bentley University and/or return to the University until the debt is resolved in full.
5. The loan could be assigned to the US Department of Education and subject to additional collection consequences such as: additional collection fees, wage garnishment, withholding of federal income tax refunds and litigation by the US Department of Justice.