Deferred Installment Payment Plan
Minimum down payment of 40% of total cost for all tuition and fees, with balance to be paid in three monthly installments of 20% each starting with the month following the beginning of the term. Bi-monthly deferred plans are available in exceptional cases.
Payment plans are available only for courses spanning five weeks or more. Short-term courses, two days to four weeks length must be paid in full upon registration.
$25.00 deferred payment fee will be assessed against each account if the student chooses to pay on a deferred payment plan. A late charge of $25.00 will be charged for each installment not paid when due. A fee of $20.00 will be charged for returned checks.
All deferred payment plans require the completion of an agreement between the ACU and the Student. If the student is listed as a dependent on an income tax report, a cosigner is required on the agreement. No student is allowed to register for a semester term if a debt is owed from previous semesters/terms
Student Eligibility for Tuition Refunds and Schedule of Refunds
The University has and maintains a refund policy for the unused portion of tuition fees in the event a student does not register for the period of attendance or withdraws therefrom at any time prior to completion of the course(s) in which the student enrolled, or otherwise fails to complete the period of enrollment.
In compliance with the California Education Code 94920, the refund policy for students who have completed 60 percent or less of the course of instruction is pro rata.
The effective date of withdrawal used in determining the amount of tuition to be refunded is the date on which the student submits his or her withdrawal form to the Office of Admissions and Records. Tuition refunds are paid or credited to a student within 45 days of the filing of the withdrawal form.
ACU consists of 16 weeks, which include 15 weeks of instruction and one (1) week of Final examination.
A one (1) semester unit course consists of one (1) hour of instruction/recitation per week for 15 weeks or 15 hours of instruction/recitation per semester. A three (3) unit course consists of 45 hours of instruction/recitation per semester.
A refund of 100% of tuition paid will be given to eligible students who meet the following criteria:
- those whose class or classes were canceled by the University;
- those who were not officially added by the instructor from a waiting list; and those who officially withdraw by the end of the first class.
Schedule of Refunds
The University has and maintains a refund policy for the unused portion of tuition fees and other refundable charges in the event a student does not register for the period of attendance or withdraws therefrom at any time prior to completion of the course(s), or otherwise fails to complete the period of enrollment.
In compliance with California Education Code §94920(d), the refund policy for students who have completed 60 percent ( 9th week of semester) or less of the course of instruction is pro rata, except as indicated elsewhere in this section, in accordance with the tuition refund formula below.
Kernel University semester consist of 15 weeks, which include 15 weeks of instruction and one hour final examinations. A one (1) semester course consists of 1 hours of instruction/recitation per week for 15 weeks or 15 hours of instruction/recitation per semester. A three (3) unit course consists of 45 hours of instruction/recitation per semester.
SEMESTER PRO RATA TUITION REFUND FORMULA
Tuition Refund = Semester Tuition Paid x No. of Hours of instruction remaining in semester Total semester hours of instruction in semester
Tuition Refund = [(3)($200.00)] x 3945 = $520.00
Example: For students who have completed more than one (2) week of instruction. For a Three (3) unit course dropped at the end of 2 classes (6 hours)
STUDENT TUITION RECOVERY FUND (STRF)
Students must pay the state-imposed assessment for the Student Tuition Recovery Fund (STRF) if all of the following applies: (1) you are a student in an educational program, who is a California resident, or are enrolled in a residency program, and prepay all of part of your tuition either by cash, guaranteed student loans, or personal loans; and (2) your total charges are not paid by any third-party payer such as an employer, government program or other payer unless you have a separate agreement to repay the third party.
You are NOT eligible for protection from the STRF and you are not required to pay the STRF assessment if either of the following applies: (1) you are not a California resident, or are not enrolled in a residency program; or (2) your total charges are paid by a third party, such as an employer or government program, and you have no separate agreement to repay the third party.
The STRF is intended for reimbursing students when their state-approved schools close untimely. Students may file a claim for reimbursement from STRF for prepaid but unused tuition. Students should keep a copy of their enrollment agreements, tuition receipts or other financial documents that can be used to support a claim for reimbursement in case their school closes untimely.