Accelerated Undergraduate Tuition FAQs

The College offers different methods of payment for bills. An automatic payment plan that includes online enrollment and flexible payment options is available. Bills may also be paid through the Bursar's Office of the College. Checks and money orders should be made payable to Albertus Magnus College.

The College accepts cash, checks, money orders and most major credit credits. MasterCard, Discover, Visa and American Express are accepted in the Bursar's Office, on-line,and by phone for no fee.

Yes. On the myAlbertus portal, students can find when accessing "My Account/Web Services" a link titled "Make a payment" under the header "User Account." Once there, students can select the academic term they wish to pay. 

Yes. The College offers a monthly payment plan that allows you to make convenient interest-free monthly payments through Tuition Assistant, an independent agency for your education expenses not covered by financial aid.

Billing is semester based.

• *Fall - Mods 1 & 2
• *Spring - Mods 3 & 4

Billing will be on or around June 1st for the Fall Semester and November 1 for the Spring Semester. Registrations after that date will be billed as the registration occurs.

July 26th for the Fall Semester

December 13th for the Spring Semester

Satisfactory financial arrangements need to be in place by the due date. This may include enrolling in the Tuition Assistant monthly payment plan. The balance after estimated Financial Aid must be paid in full or included in the Tuition Assistant payment plan. A student who fails to meet his/her financial obligations may not attend classes, live in residence halls, participate in athletic programs, or utilize campus facilities. Students who fail to complete their payment obligations will not be able to register for future terms or receive official transcripts or their diploma.

For students that have a credit balance on their accounts due to over payment or financial aid, a refund will be disbursed through BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Credits that are a result of a Parent PLUS loan, solely, will be refunded directly to the parent who is the borrower on the loan. If the Parent Plus loan posts the same day as other aid, the refund will go to the student. Students receiving financial assistance are subject to federal regulations and financial aid policy governing refunds, which determine what portion, if any, must be returned to the assistance programs. All refunds are disbursed through BankMobile Disbursements to the payment preference selected by each student within the timeline promulgated by the U.S. Department of Education.

Albertus Magnus College delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc.

For more information, please visit BankMobile Disbursements website to select a refund option or view contract and profile information.

No. A student will not receive grade reports, be provided an official transcript of one’s record, or receive a degree unless the Treasurer certifies that all financial obligations to the College have been satisfied. Any student who is in default on a National Direct Student Loan taken at Albertus Magnus College will only be issued an unofficial (without the College seal) transcript.

The Internal Revenue Service (“IRS”) requires Form 1098-T to be mailed by January 31 to all students who had qualified tuition and other related educational expenses paid during the previous calendar year. The information reported on Form 1098-T is intended to help students evaluate their eligibility for education tax credits as part of their Federal Income Tax Return. It is up to the student to determine eligibility for the credits and how to calculate them. More information can be found in IRS Publication No. 970, Tax Benefits for Education. The College utilizes Box 1 to report qualified tuition and related expenses that were paid during the tax year.

A degree completion fee of $150 is assessed to all students completing their degree requirements. This fee covers the expense of awarding degrees, recording transactions, and graduation activities. This fee must be paid regardless of participation in the graduation ceremonies or actual receipt of the diploma.

The $150 degree completion fee is due and payable once billed by the Bursar's Office. Payment can be made to the Bursar's Office in person or over the phone. Checks can be made payable to Albertus Magnus College.

The College will provide a bookstore voucher to all eligible students who have a projected financial aid credit on their account. In order to be eligible, the student must have all financial aid in place ten days before the start of the MOD/semester. Vouchers will be issued by the Bursar's Office one week before and two weeks after the start of the MOD/semester. Students may request an amount equivalent to their projected credit for the MOD/semester, not to exceed $450. After the first two weeks of class, vouchers will no longer be available and students will have to wait for their excess funds to be processed with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. All book vouchers are nontransferable and nonrefundable.