PAYMENT OF EXPENSES
Student Responsibility for Financial Obligations
It is the responsibility of the student to understand his/her financial obligations to IAIA and to ensure that these are paid on a timely basis so as to permit the uninterrupted completion of his/her educational program. The student is responsible for the payment of all charges, including tuition, room and board, and fees at the time of registration. A student will not receive transcripts, statements of matriculation or a diploma until all financial obligations to IAIA are paid in full. A student will not be allowed to register for subsequent semesters until his/her outstanding account has been paid in full.
Third Party Payment
If parents, guardians or tribal agencies wish to accept responsibility for payment of a student’s charge, then the student must forward a copy of the statement to them or make arrangements with Student Accounts.
If a student is eligible for financial assistance from a tribe or other agency, and payment from the awarding agency has not been received at the time of registration, the student will be granted a deferment in that amount upon receipt of a signed award letter. A student’s registration may be cancelled if all fees are not paid or a payment plan has not been approved by Student Accounts.
Assistance from IAIA
One-time exemption: No student will be permitted to register for classes or to reserve on-campus accommodation with IAIA who has an unpaid balance of $300 or more on his/her account. However, for one time only, when a student has a balance
due to IAIA that does not exceed $750.00 at the end of a semester, he/she will be permitted to register for classes and to reserve on-campus accommodation for the following semester. The balance due, along with any additional unpaid charges, must be paid down below $300 before the student will be permitted to register for classes or to reserve on-campus accommodation for any subsequent enrollment period.
Payment Plan: A student whose financial obligation has not been met may be eligible for a payment plan. Payment plans are created on an individual basis by Student Accounts. To be eligible for a payment plan, a student must have no prior outstanding financial obligation to IAIA and must sign a promissory note with Student Accounts. If a payment plan is contracted or extended, the student must pay 1/3 of his/her balance by registration and the remainder by the last day of the month prior to the end of the semester.
Student Account Credit for Books and Supplies: Students may apply to receive up to $400 to be used for the timely purchase of books and supplies from the vendors of their choice. This amount will be charged to a student’s account and must be repaid by the end of the semester. Applications for this credit are available through Student Accounts.