Open Monday through Friday from 8:30 a.m. to 4:30 p.m., the Office of Student Financial Services at Mount Ida College maintains your college financial records. Our helpful and informative staff oversees tuition and fees, billing statements, tuition payments and application of financial aid toward your student account.
Students can view their financial records anytime by logging into their MiWeb account and clicking Menu, Student, and then Financial Services.
To help you along the way, we’ve developed a comprehensive 2017-2018 Billing Guide.
Tuition Payment Deadlines:
- July 3, 2017 – Fall semester payments are due
- January 2, 2018 – Spring semester payments are due
Monthly Billing Statements are E-mailed to your Mount Ida E-mail Address:
Every third week of the month, the Office of Student Financial Services will e-mail a billing reminder to your Mount Ida email. Any payments noted on your billing statement are due by the date indicated on your billing statement.
Making Payments through the Office of Student Financial Services:
You can choose from several payment options:
- Mail a check, payable to Mount Ida College, directly to the Office of Student Financial Services. (include student name and ID number on check)
- Pay by phone with a Visa, MasterCard, Discover card or e-check – (617) 928-4750
- Wire your tuition payment to Mount Ida College. Please call (617) 928-4750 to request wire instructions.
- Pay by Visa, MasterCard, Discover card or e-check through the online Nelnet QuikPAY Systems via MIWeb.
- Make a payment by cash (exact change), check or Visa, MasterCard, Discover card in person at the Office of Student Financial Services.
- Make monthly payments, after signing up for a payment plan through Tuition Management Systems.
Parents and Guardians:
If you would like access to details on your student’s account, please have your student file the proper privacy exemption paperwork.
- Students can create an Authorized Payer, someone that is authorized to make payments against an account (for example a Parent, Guardian, Aunt, Uncle, etc.).
- The Family Educational Rights and Privacy Act (FERPA) is a Federal law that protects the privacy of a student’s education, financial and academic records. For the student’s protection, FERPA limits release of student record information without the student’s explicit written consent. If the student would like the Office of Student Financial Services to share financial information (billing, financial aid application and award records) with a person other than themselves, the student can complete a FERPA release form with the Registrar’s Office. For additional information call 617-928-4503 or email email@example.com.
Billing Dispute Policy:
If you believe your billing statement contains an error, or you wish to dispute any item contained on it, please review the Billing Dispute Policy.
Credit Balance Authorization Form:
If you wish to authorize Mount Ida College to retain excess funds to pay any charges that might be assessed to your account, please submit a Credit Balance Authorization Form to the Office of Student Financial Services.
Uncashed Title IV Refund Checks
As of January 1, 2017 excess funds, from Title IV refund checks issued to students or parent borrowers, which are not cashed within 180 days of issue may be returned to the student account and refunded to the Department of Education.
Good Financial Standing:
To be in Good Financial Standing, a student must have settled their student account for all charges currently due. A student’s account is considered “settled” when it is either paid or covered by one of the following:
- Anticipated Financial Aid, including alternative loans, with no outstanding paperwork or other issues remaining. Funds must be approved by the lender to be disbursed directly to the College at a specific future date.
- A current and up-to-date payment plan established through Mount Ida College’s third- party servicer, Tuition Management Systems (TMS), which allows payments to be spread over the course of the academic year.
Students with a balance are not eligible to receive transcripts or a diploma. Students may view their balance by logging into their MIWeb account.
All tuition and fees are payable on the date specified prior to the opening of each semester. Students may not check in at the start of the semester or depart for Mount Ida College sponsored study abroad/exchange programs until all outstanding financial matters have been resolved. Any individual who fails to settle all outstanding balances may not register, attend classes, depart for or participate in a Mount Ida College sponsored study abroad/exchange programs, participate in student activities, including athletics, be provided transcript service, receive grade reports, or be granted a degree. The student is responsible for any costs incurred by the College in collecting past due balances. Students must be in Good Financial Standing in order to participate in all Mount Ida College programs and activities, including but not limited to participation as a resident assistant and student government leader.
Any subsequent charges added to an account, such as late fees, damage fees, judicial fees, etc. are due immediately. Students are expected to be in Good Financial Standing at all times.
Anticipated Financial Aid Payments
Students must complete and return all additional documentation, verification, corrections and/or new information requested by Mount Ida College’s Office of Student Financial Services or the outside agency to which an application was submitted. Financial aid awards will not be posted to a student’s account if any paperwork is missing. If paperwork remains outstanding, the financial aid may be forfeited and the student will remain responsible to pay any amounts that would have been covered by the financial aid.
Submitting a financial aid appeal or having an incomplete financial aid file does not change the billing due date. Outstanding charges are due on the billing due date, please plan accordingly.
Mount Ida One Card:
The Mount Ida One Card is the official identification card of Mount Ida College. It is issued to all members of the College Community and is required for identification and access to essential campus services. Replacement cards will result in a $25 fee.
Returned Check Policy:
The return of a check (electronic or paper) issued to Mount Ida College will result in a $50.00 returned check fee placed on the account of the student on whose behalf the check was presented for each check, regardless of the reason.
Each account will be allowed two returned checks after which payment by check will NOT be accepted. Outreach will be made to the student and an updated bill will be mailed. A Student Financial Services STOP will be placed on the account affected until the account reaches Good Financial Standing.
Returned Check Payment Methods:
- Cash. Pay in person (with exact change) at the Office of Student Financial Services located on the 1st floor of Holbrook Hall
- Certified Funds. Cashier’s check, money order or other certified funds payable to Mount Ida College. Be sure to include the student’s name and ID# on the check.
- Credit Card payment in person or over the phone.
- Deliver in person or mail to:
Mount Ida College
Office of Student Financial Services
777 Dedham Street
Newton, MA 02459
Tuition and Fees:
Review full details on Mount Ida tuition and fees, including housing, meal plans and other required deposits and fees online.
Tuition Insurance – Optional opt-in Program:
Why tuition insurance? A college education is a major investment which means it’s worth protecting. The Tuition Protection Plan* can reimburse your tuition, room and board, academic fees, and other eligible education related expenses if a student withdraws because of a covered reason, such as:
- Illness or injury
- Mental Health Disorder
- Chronic illness
- Death of tuition payer
For additional information call 866-724-4384 or go online to www.gradguard.com.
Enrollment must be completed prior to the first day of classes in the fall semester.
The 1098-T form is mailed out to home addresses by January 31st of each tax year. Click here for information on obtaining your 1098-T tax document.