Payment Policy

All student accounts must be settled by the date established by the University each semester. An account is considered settled when it reflects a credit or zero balance. This can be achieved by any combination of the following:

  • Establishing adequate financial aid
  • Setting up a payment plan
  • Paying the balance in full
  • Submitting the Payment/Reimbursement from Employer Plan (PREP) form
  • Arranging for direct billing to your employer

More information about these options can be found online on the Student Accounts website. Students will receive a financial aid deferment of the amount they are borrowing once their loan approvals are received by Student Financial Services.

Students whose bills are not settled may not be allowed to drop or add classes, move into residence halls, participate in University-sponsored activities. Additional restrictions may also be imposed.

The University reserves the right to transfer past due accounts to an external collection agency when internal efforts have been exhausted. Collection costs and other legal fees incurred will be billed to the student account and become the responsibility of the student.

Penalties

The University reserves the right to deny admission or registration to any person who has not paid in full all outstanding financial obligations to the University. The University may, at its sole discretion:

  • Refuse to admit or register the student
  • Cancel the student’s registration
  • Bar the student from attending class
  • Remove the student from residence housing

Payment Plan

St. John Fisher University allows students to finance their balance over the course of the semester. Students/families that choose to establish a payment plan must enroll online and set up automatic deductions from a checking account or savings account, There is a $40 enrollment fee per semester.

Payment/Reimbursement from Employer Plan (PREP)

The Payment/Reimbursement from Employer Plan, or PREP, enables students to defer the amount of tuition and fees that their employer indicates it will pay. Students who qualify to use PREP to defer their tuition will not be required to submit payment until the semester has ended and grade reports are available. PREP is only available to students who are in good financial standing with the University and who receive payment of their tuition from their employers.

If Student Accounts does not receive payment for the balance in full by the deadline, a late fee of $200 will be assessed. St. John Fisher University reserves the right to rescind or refuse this payment option if the University is notified that the student is no longer eligible to receive tuition benefits. Failure to earn a required minimum grade in order to receive payment from an employer and/or withdrawal from a class does not excuse the student from being charged all applicable tuition and fees for that semester.

Direct Billing to Your Employer

Your balance may be deferred if your employer will pay the University in full upon receipt of a bill. To obtain this deferment, submit a letter from your employer stating this, and a bill will be generated directly to your employer for payment.

Forms

Further details and downloadable forms can be found on the Student Accounts website. For more information, please contact Student Financial Services by phone at (585) 385-8042 or by email at sfs@sjf.edu.

Refund of Overpayment on Student Account

An overpayment refund is processed only when there is an actual credit balance on a student account. If the application of loans, scholarships, grants, or any other payment creates a credit balance, a refund will be generated. Students will be notified by email that a refund has been generated and will be informed of when and where it will be available.