Paying Tuition and Fees

Pay Tuition, Room and Board, and Other Fees
E-Billing and Payment Gateway
Financial Aid and Billing Statements
PLUS/Supplemental Loans
Campus Jobs

Pay Tuition, Room and Board, and Other Fees
To accommodate the range of financial situations for our families, Knox College offers two options to pay tuition, room and board, and other fees. Payment arrangements for the year MUST be made in advance of the December 16, 2011 due date.

If you choose an installment payment plan, arrangements should be made immediately with Tuition Management System (see below).

Payment in Full by Term
The student pays Knox College a term's total charges, less financial aid, approximately three weeks prior to the beginning of each term.

Please note that delinquent payments may result in a $50 late payment fee. A student whose account is delinquent is not entitled to board, room, admission to classes, issue of a transcript, or diploma.

Delinquent accounts may be assessed late payment fees, collection costs, and reasonable attorney fees necessary to recover such delinquencies. Delay in the receipt of either a loan or outside scholarship will not result in a late payment fee or collection costs.

In establishing your student account, Knox College, a nonprofit institution of higher learning, extends credit to you solely for the purpose of financing your education. Therefore, any balance due is a student loan and will not be considered a dischargeable debt pursuant to the Bankruptcy Abuse and Consumer Act of 2005 effective October 17, 2005.

1. Tuition Management System (TMS) Payment Options
   The Student may select one of these plans. TMS charges an enrollment fee based on the type of plan chosen:

Monthly Payment Plan: Plans ranging from nine months to 12 months are available. Please contact an Education Payment Counselor at TMS (1-800-722-4867) for information. A $65 fee for this service is payable to TMS.

Term Plan: This plan consisting of three equal payments within a term, with a fee of $35 per term payable to TMS. Please contact an Education Payment Counselor at TMS (1-800-722-4867) for information.

Credit Card Plan: Payment by credit card is available by calling a TMS Education Payment Counselor at 1-800-722-4867. There will be a convenience fee and enrollment fee for this service payable to TMS. (Use of VISA Credit Cards is not available)

E-Billing and Payment Gateway
Knox College offers two new ways to manage and pay your student charges online using the College's convenient and secure E-Bill or Payment Gateway. Go to the TMS Knox College Gateway and click on "Pay My Bill" to enroll and receive electronic notification when payments are due or to make fast, easy payments online.

E-Bill
Setup for the Knox College E-bill is simple. Just follow the enrollment instructions and include the e-mail address where you would like to receive notification for future bills. You may even choose to "opt out" of paper billing entirely and make all future Knox College payments using your online account. Notification of payment due will come to the e-mail address you are provided during enrollment. Your notification e-mails will include a link to Knox's secure billing site, where you will enter username and password to log in, view, and pay your bill. You can also review past bills and payment history on the site.

Payment Gateway
Knox's convenient payment gateway allows you to make full or partial payments to your account anytime. Click on the TMS Knox College Gateway, where you can view other payment options like Tuition Management System's Monthly Payment Plan or click Pay in Full to make a payment using a checking or savings account or a credit card. Follow the simple steps, enter name, address and student ID, and your payment will be credited to your account.

Feel free to contact the Business Office at 309-341-7313 if you have any questions.

Financial Aid and Billing Statements
For students who are financial aid recipients, the pending financial aid credits shown on your fall term billing statement are based on the best information we have in the Financial Aid Office as of the billing date. If you reduce or increase your loan(s), or if any other changes come to our attention, your aid credits will be revised during the next billing period and you will receive an updated statement.

Unless your package was revised, the balance due on your billing statement should be approximately the same as the per term amount due reported on the Cost/Payment Worksheet that accompanied your financial aid package (U.S. students only), with the exception of:

• the one-time charge of $210 for Plan A ($326 for Plan B) for the College's optional medical insurance plan. The charge will be removed if you decline the insurance on a waiver card, which must be returned to the Office of Student Development.
• for returning students, any previous statement balance (top of the bill) or miscellaneous charges added since your last statement.
• any deviation from standard room and board charges or recent changes in off-board and/or off-room status.

For new international students, there is a one-time orientation fee of $300.

Here are some further explanations of the financial aid credits:

• Outside Scholarships: Some students may have scholarships from outside sources, such as the Mellinger Foundation, National Merit Scholarship Corp., etc. You are required to notify the financial aid office of any outside scholarships you expect to receive. If our office knows the amount of your outside scholarship(s) and the scholarship checks are being sent to Knox, 1/3 of the total you will receive for the year appears as a pending credit on your fall term bill. The actual credit will be posted to your account once we have received payment from the donor of your scholarship. At this time, you are not responsible for the amount due from the scholarship donor, but if a check is not received by the first date of classes, you should contact the donor to see why it has not been disbursed.
• Federal Direct Loan (sub and unsub): The pending loan credit is 1/3 of your total loan, less .5% in loan fees. This amount may be different from the actual credit by $1-3 because of rounding differences.
• Federal Direct PLUS Loan: The pending loan credit is 1/3 of your parent's total loan, less 2.5% in loan fees. This amount may be different from the actual credit by $1-3 because of rounding differences.
• Wells Fargo Collegiate, Sallie Mae Signature, US Bank No Fee Loan, Supplemental Loan-other: If our office has processed one of these loans for you, we have included 1/3 of the loan as an estimated credit, pending loan approval and receipt of funds via EFT. If the loan program requires an origination fee, the fee has been deducted from the estimated disbursement.

If you have further questions about the pending financial aid, scholarship or loan credits on your account, you may call the financial aid office at 309-341-7149 or e-mail financialaid@knox.edu.

PLUS/Supplemental Loans

If a student's family plans to use a Federal PLUS or other supplemental loan to pay charges, arrangements should be made with the Knox College Office of Financial Aid at 309-341-7149. Delay in the receipt of either a loan or outside scholarship will not result in any penalty.

Campus Jobs
Jobs are available for students who have received campus work awards or federal work study. If you will be applying for a job when you come, please follow these steps.

Step 1. Bring with you a state-issued driver's license or a state-issued photo I.D. and an original social security card or birth certificate.

Step 2. Attend the Campus Job Session, which will be scheduled during new student orientation to learn more about the student employment process.

Step 3. Attend the job fair during new student orientation. If you have any special skills, bring a resume and sample of things you have done in the past, such as writing, art, design, publications or photography.