Student Finances

Ways to Make a Payment

1. Online — using Visa, MasterCard, Discover, or American Express — through the students’ My Cougar Connection account (under the Student Finances section)
2. In person at the Student One Stop (located in the Pope John Paul II Center) via cash, check, e-check, or money order
3. Via a Payment Plan
   Students and families can set up monthly, budgeted payments through a reputable, private firm, Cashnet. To get started, students should log into MCC, click Financial aid and Billing and then Pay a Bill to view available payment plan options.

Billing & Payment Procedures

All account information is available on the Student Account Center by logging into MCC and clicking Financial Aid and Billing > Pay a Bill. Students will receive a paper copy of their billing statement each month. It is the student’s responsibility to monitor their balance. Any balance not covered by financial aid is owed by the published due date. After this due date, students with a past due balance will be assessed $50.00 late fee each month that the balance goes unpaid.

Note: If a student is receiving Title IV funding and completely withdraws during the semester, that aid is subject to the federal refund calculation. In this case, funds may have to be returned

Refunds

Refunds of a credit balance resulting from Title IV federal aid will be processed within 14 days from the date the funds are posted to your student account. The refund will be processed one of two ways:

1. Direct Deposit
   To receive your refund as quickly as possible, please sign up for direct deposit by clicking Financial Aid and Billing > Pay a Bill > Sign up for direct deposit refunds!
2. Checks
   If you do not sign up for direct deposit, your refund will be processed as a check. All checks are mailed to your home address.

Withdrawals

Fall and Spring Semester Refund Schedule

The following schedule reflects the percentage of tuition and fees refund allowable to students who completely withdraw from Fall or Spring Semester:

Week During the Semester	Tuition & Fees Refundable
Prior to the first day of the semester	100%
During the first week of the semester	100%
During the second week of the semester	75%
During the third week of the semester	50%
During the fourth week of the semester	25%
Fifth week of the semester or later	No refund

Summer Term & Non-Traditional Courses Refund Schedule

The following schedule reflects the percentage of tuition and fees refund allowable to students who completely withdraw from Summer or Non-Traditional courses:

Week During the Semester	Tuition & Fees Refundable
Prior to the first day of the semester	100%
During the first week of the semester	100%
During the second week of the semester	50%
Third week of the semester or later	No refund