Financial Regulations

Payments - All charges for a semester are due and payable two weeks prior to the first day of classes. A student is registered and eligible to attend classes only after payment or other arrangements have been made with the Business Office.

Any accounts due for any preceding semester must be paid before a student will be enrolled for the succeeding semester. Students must settle all financial accounts due the College before the final examination period begins. The registrar is not permitted to transfer credits until all outstanding indebtedness is paid. No student will graduate unless all indebtedness, including library fines and graduation fee, has been settled.

Any student account that remains unpaid at the end of the semester and not paid within (30) days will be turned over to an outside collection agency for assistance in collecting. The student will be responsible for all collection costs and/or attorney fees necessary to collect these accounts.

The Millsaps Plan is available for parents who prefer a flexible no-cost system for paying educational expenses in regularly scheduled payments over a period of months, instead of one lump sum payment at the beginning of each semester. For more information, write to:

The Millsaps Plan
c/o Business Office
Millsaps College
Jackson, MS 39210-0001

Cashing Personal Checks - Personal checks for a maximum of $100 may be cashed in the Business Office and a maximum of $10 in the Bookstore upon presentation of a Millsaps identification card.

Returned Checks - A charge of $30 will be made for each returned check.

Refunds - Room rent cannot be refunded after the semester has begun. Unused amounts paid in advance for board are refundable. A student who withdraws with good reason from a course or courses will have seven days including the date of the first meeting of classes to receive a refund of 80 percent of tuition and fees; within two weeks, 60 percent; within three weeks, 40 percent, and within four weeks, 20 percent. If a student remains in college as long as four weeks, no refund will be made except for board. Students receiving Federal financial aid will be subject to the Federal guidelines with respect to withdrawal. Examples of the application of the refund policy are available in the Business Office. A student may obtain a refund of any overpayment on his or her account by making a request in the Business Office.

The date of withdrawal from which all claims to reductions and refunds will be referred is the date on which the registrar is officially notified by the student of the intention to withdraw. (See regulations relative to withdrawals.)

The College reserves the right to cancel the registration of any student at any time. In such a case, the pro rata portion of tuition will be returned. Students withdrawing or removed under disciplinary action forfeit the right to a refund.

Meal Plan - Students living in college or fraternity housing are required to participate in the College meal plan.

Students Rooming in Fraternity Houses - Rules regarding payment of board and fees applicable to other campus residents will be observed by these students.

Revision of Charges - Millsaps College reserves the privilege of changing any or all charges or financial regulations at any time without prior notice.

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