Paying for Your Education

Payment Policy

Students must choose a payment plan and agree to the new policies before registering for courses each semester.

If you are a continuing student, you owe $2,500.00 or more, and you do not already have an approved personal payment plan in place, then you must contact the Student Finance office before registering for courses.

Payment for each semester is due in full at check-in for that semester. If this is not possible, students must enter into one of the following payment plan agreements: The 50% Plan, The 25% Plan, The Student Loan Plan, or a Personal Plan with a Student Financial Officer.

If your education is being funded by an agency of some sort or an individual, you must make available grades, finance, and enrolment and attendance information when that agency or individual requests it.

Plan #1:

Payment in full at registration for each semester.

Plan #2:

"The 50% Plan" will allow students to pay for their semester in three installments: 50% at registration, 25% on September 30, and the final 25% on October 30. The second semester's payment schedule would be as follows: 50% at registration, 25% on January 30, and the final 25% on February 28. No additional charge applies to this payment option, but interest will be charged on overdue payments.

Plan #3:

"The 25% Plan" will allow students to pay their semester's tuition and room and board in four installments. The first payment is due at registration. The remaining three payments are due on September 30, October 30, and November 30. The second semester's payments are due at registration, January 30, February 28, and March 30. A $50 per semester fee will be added to the student's invoice at registration, but no other interest fees are charged provided payments are processed on time (interest will be charged on overdue payments).

Plan #4:

"The Student Loan Plan" will allow students to pay for the semester with student loans. Students who choose this plan must have loan approval and confirmation of loan funds by September 30 for the first semester and January 30 for the second semester. If the student loan is not confirmed by these dates, the student must be prepared to enter one of the payment plans available. Also, if the student loan is not enough to cover all the costs of each semester, the student will be expected to make payment arrangements for the difference with post-dated cheques or by credit card or pre-authorized debit.

Plan #5:

"The Personal Plan" is a plan that is made between the student and the Student Finance office. If this is the plan you choose, you must contact the Finance office and have an approved plan in place before continuing with course registration.

Setting up a Payment Plan

To ensure that payments are made on time, students can set up pre-authorized payments using pre-authorized debit, credit cards, or post-dated cheques. You can find out your account balance at any time by logging onto Briercrest Live. After logging on, go to "Finances" then "Generate a Statement".

If you have questions about putting together your finances for school, contact the student financial adviser.