Pacific School of Religion (PSR) offers three payment plans to assist the students in meeting the costs of education.
Plan A: Full Payment
Payment is due in full by the end of the late registration period.
Plan B: Payment Plan
25% down and 3 monthly installments.
Payment plan application along with 25% of the balance due must be received in the PSR Business Office by the end of the late registration period.
Student must not have any outstanding accounts with PSR nor have had more than 2 late payments in past semesters to qualify for Plan B.
Monthly installments are due by the 15th of each month beginning the first month after the late registration period. The student is responsible for making such payments; reminder statements will not be sent by PSR.
If the student makes adjustments to registration after the late registration period which result in additional tuition and/or fees, the payment plan installments will be adjusted to include such additional tuition and fees.
Accounts with a late payment will be assessed a $10 non-refundable fee on the 16th of that month.
Plan C: Financial Aid, Scholarships and/or Stipends
This option is available only to financial aid, scholarships and/or stipends for the applicable semester.
All financial aid, scholarships and/or stipends will be applied first to any outstanding balances due to PSR.
Students who do not file financial aid applications by the deadlines imposed by the Financial Aid office, and therefore do not have aid available by the end of the late registration period, must use either Plan A or Plan B.
Once aid is received, it will either be refunded to the student if all accounts are paid in full or will be applied to Plan B amounts due. Funds received in excess of amounts due for tuition and fees will be deemed to be used for living expenses and will be refunded to the student if there are no other account balances due or will be applied to housing expenses if the student rents from PSR.
For foreign students subject to IRS 1042 taxes, an amount of at least 14% will be withheld from this payment.
If funds have been refunded to the student and the student subsequently makes changes to their registration that results in additional tuition and/or fees, the student is responsible for payment to PSR when such additional amounts are incurred.