Tuition payment plans

Purpose

Xavier University School of Veterinary Medicine (XUSOVM) recognizes that some students may require financial flexibility to meet their educational expenses. The Tuition Payment Plan Program provides eligible students with an opportunity to spread approved educational costs over a defined payment period while maintaining their academic enrollment.

Application Process

Students wishing to participate in a payment plan must submit an application to the Student Finance Department and provide all required supporting documentation.

Payment plans are awarded based on:

• Demonstrated financial need;
• Determination of the student's ability to meet payment obligations under the proposed payment schedule.

Note: Approval of a payment plan is at the sole discretion of the Student Finance Department and is not guaranteed.

Semester Based Approval

Payment plans are approved on a semester-by-semester basis.

• Students must reapply for a payment plan each semester.
• Applications must be submitted at least forty-five (45) days prior to the start of the semester.
• Approval of a payment plan for one semester does not guarantee approval for future semesters.

Eligibility and Coverage

Payment plans are available only for the following charges:

• Tuition
• Housing

Eligible Programs

• Pre-Health Program
• Doctor of Veterinary Medicine (DVM) Program Years 1-3

Not Eligible for Payment Plans

Payment plans are not available for:

• Clinical Year (DVM Year 4) tuition and fees
• Administrative fees
• Insurance fees
• Student permit servicing fees
• Any charges other than tuition and housing

Excluded Fees

The following fees must be paid in full at the beginning of each semester and may not be included in a payment plan:

• Administrative and Facility Fee
• Student Permit Servicing Fee
• Insurance Fee
• Any other semester fees not specifically identified as eligible under this policy

Payment Plan Structure

The following fees apply to approved payment plans:

Final Payment Requirement

All approved payment plan balances must be paid in full no later than the end of the first month of the semester unless an approved extension has been granted.

Late Payment Fees

Students who fail to make scheduled payment plan installments on time will be assessed the following late fees:

Late fees are cumulative and may be applied in addition to any other financial penalties authorized by University policy.

Non Compliance and Consequences

Students who fail to comply with the terms and conditions of an approved payment plan, or who maintain an outstanding balance with the University, may be subject to the following actions:

• Ineligibility to register for future semesters;
• Ineligibility to participate in clinical rotations;
• Ineligibility to receive official transcripts, enrollment verifications, or other academic records;
• Ineligibility to apply for future payment plans;
• Administrative holds on student accounts;
• Referral of delinquent accounts for collection activities in accordance with University policy.

Students are encouraged to communicate with the Student Finance Department immediately if circumstances arise that may affect their ability to meet payment obligations.

Policy Contact

Student Finance Department

Xavier University School of Veterinary Medicine