Financial Responsibility for Enrolled Students
The college years are a time to develop intellectually, socially and spiritually, but it is also a time to develop financial skills that will serve a student for a lifetime. This page is created to provide Ozark students with financial information that will empower them to make sound financial decisions and improve their present and long-term financial well-being.
Our desire is to:
- Increase student awareness of and responsibility for financial obligations.
- State clear financial expectations for students (and parents).
- Encourage early completion of financial aid applications and paperwork.
- Provide reasonable and timely requirements for students to pay bills; thus, increasing the student’s ability to enroll in following semesters.
- Preserve student’s ability to receive aid.
By registering and attending Ozark Christian College a student creates a financial obligation, a financial responsibility that comes with attending any college. Financial obligations necessitate a plan for fulfilling college payment through the wise handling of money—earning it, spending it and saving it. Upon a student’s registration and the completion of their financial aid file, preliminary charges and preliminary aid can be accessed on the student portal.
Students have two payment options:
OPTION 1: Payment in full of tuition, fees, room and meals charges (less preliminary aid) by January 12, 2016 (SPRING) and August 19, 2016 (FALL).
OPTION 2: Payment Plan: The payment plan is a helpful alternative to payment in full for educational costs. Each payment amount is one quarter of the total charges (less preliminary aid).
To have the most accurate "preliminary aid" available to you, the following must be done:
- Complete your FAFSA (www.fafsa.ed.gov) as early as possible so that Financial Aid can let you know if additional information is needed.
NOTE: Contact Financial Aid if you will not be applying for Federal Aid (Pell or Loans). "Preliminary Aid" will not be listed until your financial aid file is complete.
- Notify Financial Aid of any church or other outside scholarship you anticipate receiving. You will need to provide a letter from the church or other organization that lists the amount of scholarship and the anticipated dates the payment will be made for it to be listed as "Preliminary Aid."
Payment Due Dates:
Payments are due according to the schedule below:
Spring Semester 2016
|Fall Semester 2016
|Payment 1: January 12, 2016
||Payment 1: August 19, 2016
|Payment 2: February 25, 2016
||Payment 2: September 25, 2016
|Payment 3: March 25, 2016
||Payment 3: October 25, 2016
|Payment 4: April 25, 2016
||Payment 4: November 25, 2016
Failure to Meet Due Dates
Failure to fulfill the payment agreement will result in the following:
Payment 1: The student is not allowed to move into a residence hall, or attend class. If late payment is received, a late registration fee of $120 may apply.
Payment 2: The student is administratively withdrawn from classes and required to vacate the residence hall.
Payment 3: The student may not register for the next semester until the third payment is received. If payment three is late and registration is still open, the student may possibly have the option to register. Please contact the Business Office for more information. A late registration fee of $120 may apply.
Payment 4: The student may not attend a subsequent semester until paid in full. Registration deadlines and a late registration fee of $120 will apply.
Though Option Two of a payment plan is available to students, it is important to understand that any outstanding balance (even if following guidelines) will incur a one percent (1%) per month administrative service fee on the last day of each month that the account is unpaid.
For assistance in applying for financial aid, please contact: Financial Aid at 417.626.1234 ext. 2017.
For questions about the payment policy, please contact: Business Office at 417.626.1234 ext. 2024.