Tuition and fees for each semester are due no later than the first day of classes.
You may be eligible to defer payment of tuition charges based upon the amount of federally guaranteed student loans approved through the Financial Aid Office. In addition, you may be eligible to defer tuition pending the disbursement of private loan funds.
You will be granted a deferment of the current semester’s tuition if you:
You may request a payment plan for all or part of your tuition and fees. However, payment plans are approved only in extraordinary circumstances, and your deferment is subject to the following conditions:
If you fail to pay or make arrangements to pay tuition and fees, you will be subject to the following actions:
Students who voluntarily withdraw from ASL are responsible for paying all assessed tuition and fees due for that semester. Like Direct Loans, the amount of tuition owed will be assessed based upon the percentage of time the student spent in academic attendance. If a student has completed 60 percent or more of the semester, he or she will be responsible for 100 percent of the tuition for that semester.
Students may be eligible for aid up to the cost of attendance, or COA, minus estimated family contribution, or EFC.
The government allows a COA increase in special circumstances. To see if your circumstance qualifies, click here.
Complete the Free Application for Federal Student Aid, or FAFSA, application online. ASL’s Title IV federal code number for the FAFSA is G35593. Returning second- and third-year students need only file a condensed Renewal FAFSA.
For information about the Direct Loan process, click here. The Department of Education typically disburses loans to ASL at the beginning of the fall and spring semesters.
Students will receive notification from the Business Office within 48 hours after the funds have been applied to their accounts. Credit balances remaining from excess of loan funds over tuition, fees, and other charges will be issued to the student in the form of an overpayment check. Overpayments will not be processed unless the account is paid in full. Under limited circumstances, loan proceeds also may be applied to unpaid charges incurred in prior years.
The Business Office will put a note in student mailboxes when an overpayment check is available. If you have met all financial aid deadlines, you ordinarily can expect a check by the end of the first week of classes. Please plan your finances accordingly.
Federal regulations governing the student loan program stipulate that in order to continue to be eligible for Title IV financial aid (including subsidized and unsubsidized Direct Loans), you must be making satisfactory progress toward a degree. To see if you satisfy the academic requirements, click here.
Students enrolled with greater than half-time status are generally eligible for deferment of payment on undergraduate student loans. Most lenders have a specific form on their website that you must complete to obtain a deferment. Please see your lender’s/servicer’s website to obtain the deferment form. If you do not know who your servicer is, you can locate this information on Federal Student Aid via www.NSLDS.ed.gov. Please submit your completed form to the Financial Aid Office.