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tuition deadline

 
Old 08-03-2010 at 10:30 AM   #1
MacStudent1
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tuition deadline
When is the deadline to pay for everything? (tuition, residence, meal plans, etc)

If I miss this deadline will my offer of admission be canceled or will I be charged more?
Old 08-03-2010 at 10:33 AM   #2
ingénieur.xo
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The deadline depends on your payment agreement planned that you decided to do. So if you did payment in full then everything is due September 1st. For the other one's I'm not 100% sure because I've always done payment in full.
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Old 08-03-2010 at 10:38 AM   #3
nerual
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Quote:
Originally Posted by MacStudent1 View Post
When is the deadline to pay for everything? (tuition, residence, meal plans, etc)

If I miss this deadline will my offer of admission be canceled or will I be charged more?
Yeah, if you're paying in full then you must pay everything by sept 1. Each of the other plans tells you when to pay by (one of them is the end of first term, the other is the end of second term...not sure about the rest). For all of the plans, there is a minimum initial payment due by sept 1. I'm not sure of the details of the other plans though, because I always pay in full as well.

If you don't pay by Sept 1, your offer of admission won't be cancelled, but you'll likely get charged interest. At the end of the term, you won't be able to log on to see your marks until you've fully paid off your account, including any res damage fees and bookstore charges--until then, the account will be blocked.

There might be other consequences for having an outstanding balance on your account, but these are the ones I'm aware of that I've seen other people have to deal with.
Old 08-03-2010 at 11:33 AM   #4
Ace0fSpades
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The due dates for the other plans are:
Flex Plan – OSAP: Balance due January 15th
Flex Plan - 1 Term: Balance due before end of Term 1
Flex Plan - 2 Term: Balance due before end of Term 2

But I believe each of these plans require a minimum payment and have interest
Old 08-03-2010 at 04:45 PM   #5
jhan523
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1. When you confirm your payment agreement, it tells you exactly how much your first payment is and when it's due.

2. If you don't pay the first payment by the due date, you are charged with a late fee (I believe it's 35$)

3. Interest is calculated at the end of each month on the outstanding balance on that day starting September 30th. The interest rate is 1.2% per month.
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Old 08-30-2010 at 09:15 PM   #6
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if the deadline is sept 1, does that mean money deposited online or received/processed by mcmaster?
Old 08-30-2010 at 09:20 PM   #7
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Quote:
Originally Posted by A.S. View Post
if the deadline is sept 1, does that mean money deposited online or received/processed by mcmaster?
Recieved by Mac, which is why they recommend doing it 3-4 days ahead of time if you're online banking.
Old 08-30-2010 at 09:36 PM   #8
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hmm, would it be faster to deliver a cheque to them?
Old 08-31-2010 at 07:43 AM   #9
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Quote:
Originally Posted by A.S. View Post
hmm, would it be faster to deliver a cheque to them?
Yes, you can go today. They are open until 4pm: http://www.mcmaster.ca/bms/student/SAC_contact.htm
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