Interim Policy on Tuition and Fees (3)

Interim Policy on Tuition and Fees (3)

Article 1 This policy is compiled in compliance with the Government Policies such as Interim Measures on Tuition Charges Based on Credit System of Colleges and Universities in Zhejiang (ZheJiaFei (2005) No. 283), Circular on Issues Regarding the Tuition Charge Based on Credit System of Colleges and Universities (ZheJiaFei (2009) No. 292), and also with the Chinese-American partnership taken into consideration. This policy specifies the principles in calculation, collection and refund of the tuition, accommodation fee and escrow fees.

Article 2 Normally the total credits required for the degree as specified in each of the academic program scheme are supposed to be acquired proportionately throughout four years (or five years for some programs). Tuition will be charged at a flat rate throughout the four or five years as approved by the Price Administrations, with the maximum credits covered for each semester. If a student takes more than the maximum number of credits, he/she will be charged for the extra credits. The rate for the extra credits is calculated by dividing the total amount of tuition of the four or five years by the total credits required for the degree. Regular tuition should be paid upon registration at the beginning of each academic year, while the extra-credit tuition should be paid on semester basis.

Article 3 If the students register up to 19 credits in each of the spring and fall semesters during one academic year, they will be charged only the regular tuition. If the students register more than 19 credits in any of the spring or fall semesters, the extra tuition will be charged according to the following equation: ( Total regular tuitions of four or five years/ total credits required for the degree)* extra credits registered = Extra Tuition.

Article 4 Students who transfer to another academic program or return to school from suspension must go through proper procedures to modify their registration of courses for the semester as entailed by the course requirements of the program, and pay extra tuition if their total credits exceed 19 after that modification.

Article 5 Students are required to register and review their registration through Kean Wise and/or Oracle by stated deadlines published in the academic calendar. The extra tuition will be calculated and collected thereof.

Article 6 If the students do not complete the program within regular period as described in Article 2, they may extend the study. The extra tuition they are charged during their extended years should be tuition based, using the same equation as described in Article 3. Upon registration for the additional courses, the extra tuition will be added to their account. The students should pay the extra tuition by stated deadlines.

Article 7 When a student applies to suspend or terminate his/her study or to transfer to another university, the regular tuition will be refunded proportionately according to the length of his/her actual enrollment, while the extra tuition will be 100% refunded if the application for refund is filed within 2 weeks since the course begins, or 50% if over 2 weeks but less than 6 weeks, or non-refundable if 6 weeks or more. In calculation of the refund, the length of an academic year is considered to be 10 months. The university charges the tuition for the period from the school opening day to the day of suspension or termination of enrollment. The length of the chargeable period is converted from days to months, by dividing the number of days by 30 and rounding up the result.

Article 8 Students should pay their tuition within two weeks after the school opening day. Registration will be official after the tuition is paid. If the tuition is not paid by the deadline, the University will cancel the registration. Therefore the student will not be currently enrolled for the semester and not permitted to attend classes.

Article 9 The accommodation fee should be charged at the rate as approved by the Price Administrations at the beginning of each academic year, which is considered 10-month duration. The vacation periods (not including breaks on official holidays such as Labor’s Day, National Day, Mid-autumn Day etc.) are not covered by the annual accommodation fee. The University reserves the right to ask the student to vacate the accommodation, who fails to pay the accommodation fee by the stated deadline.

Article 10 Students who want to postpone payment of tuition and accommodation fees because of financial difficulties must submit request to the University. Upon approval to postpone payment, the student may register for courses.

Article 11 Overdue tuition and fees will result in a financial hold placed on the student account. Failure to pay overdue tuition will result in the University withholding issuance of enrollment letters, transcripts and diplomas.

Article 12 Escrow fees such as textbook fees are collected and paid in total on behalf of the students to another organization in exchange of goods or services to the students. The escrow fees shall be collected in compliance with relative university regulations. Students should pay off these fees by the stated deadlines, otherwise, they shall not receive goods or services covered by such fees.

Article 13 This policy applies to all full-time Wenzhou-Kean students.

Article 14 This policy takes effect upon releasing. Interim Policy on Tuition and Accommodation Fee issued on January 21st 2015 is abolished at the same time.

Article 15 Office of Financial Services has the right of interpretation on this policy.

Attachment: Interim Policy on Tuition and Fees