Finance Office

Tuition and Fees

The Albizu University academic catalog provides the tuition and fees for each program. Tuition fees are due in full at the time of registration or no later than the first day of classes to avoid applicable late fees.

Registration constitutes a financial agreement between you and Albizu University. It is your responsibility to verify your course schedule and corresponding fees.

The academic calendar displays pertinent dates such as the add/drop period for classes, the registration period, and the final day to drop a course with 100% refund.

Tuitions and Fees (Puerto Rico)
Tuitions and Fees (Miami)

Payment Plans

If your financial aid award does not cover the entire cost of tuition, fees, and other educational expenses, you are responsible for paying any outstanding balance and avoiding applicable late fees. A payment arrangement with the Finance Department and/or a documented financial aid award may assist you in meeting this requirement. Contact the Finance Office and seek consultation about payment arrangements.

One of the payment plan options we offer is through Nelnet Campus Commerce, formerly Tuition Management Systems (TMS).

Nelnet Campus Commerce (TMS) Customized Link: www.afford.com/cau
The Interest-Free Monthly Payment Plan - To help you with your educational expenses, Albizu University makes the services of Nelnet Campus Commerce, formerly TMS, available to you and your family.

The Interest-Free Monthly Payment Plan option allows you to spread your education expenses over smaller monthly installments for a small enrollment fee. This is a popular option with many of our families because it reduces the need for aid/loans while giving families more control over their savings. All monthly payment plan selections are INTEREST FREE, SIMPLE, FAST, and DO NOT REQUIRE PREQUALIFICATION for enrollment.

For more information on your specific payment options or to enroll in the Interest-Free Monthly Payment Plan, visit Nelnet Campus Commerce, formerly TMS. Click on the following link: albizu.afford.com or call 1-888-216-4269 and speak with an Education Payment Advisor. We are pleased to make this low-cost payment option available to you.

You can contact the Finance Office if you are unable to enroll or need additional guidance about payment arrangements set up with Nelnet Campus Commerce.

Refunds

A student refund is the excess financial aid owed to you after aid has been credited  to your account and payment in full of your outstanding balance for tuition and fees has occurred. Should you choose to cancel all or part of your aid, contact your financial aid advisor immediately. Cancelling all or a portion of this aid may result in a financial obligation to the AU, which requires prompt payment. Failure to satisfy outstanding financial obligations will affect your ability to enroll or receive other AU services.

When a student officially drops from any course or courses by filing a formal drop or withdrawal notice with the Registrar's Office and completing the process with the Finance Office, a refund of tuition will be processed according to the add/drop period.

The refund policy provides for cancellation of any obligation within three working days from the date a student signs an enrollment contract or financial agreement. Any applicable refund shall be processed within thirty days of the date that the student has withdrawn or cancelled their contract according to Albizu University’s attendance and withdrawal policies.

Please ensure that your address and bank account information are up to date for an effective direct deposit or paper check processing.

Return of Title IV Funds

When a recipient of a Title IV grant or loan assistance withdraws from an institution during a payment period or period of enrollment in which the recipient began attendance, the institution must determine the amount of the Title IV grant or loan assistance that the student earned as of the date of withdrawal. If the amount disbursed is greater than the amount earned, AU must return unearned funds in accordance with Title IV calculations. This action may result in a balance owed to the university. It is the recipient’s responsibility to ensure and pay in full the outstanding account balance for tuition and fees.

Direct Deposit

You can receive your student refund as a direct deposit in your checking account instead of a paper check. Direct deposit is the fastest way to receive your funds.

Set up your bank account in WebAdvisor using the following instructions:

1. Go to the WebAdvisor site: http://webadvisor.albizu.edu.
2. Log in using your institutional account (same as SunMail and Blackboard).
3. Click on “WebAdvisor for students.”
4. Click on the “Financial Information” tab.
5. Click on “Bank Information (US)” on the left side of the Financial Information section.
6. Enter the bank account details:
   • Routing number
   • Bank account number
   • Account type
   • Confirmation e-mail address
7. Review and agree to the Direct Deposit Terms and Conditions.
8. Click on “Submit” to save the data.

Note: Direct deposit processing applies to U.S. bank accounts only.

Provide banking information one (1) week prior to posted financial aid to ensure your refund is processed electronically and you receive it through direct deposit instead of a paper check. Having direct deposit will help reduce the turnaround time for your reimbursement. Once your refund is processed, it takes approximately 24 to 48 business hours to have the funds available in your bank account. Some banks may take longer to process payments.

Please contact the Finance Office if you need further assistance with your direct deposit set up.

Paper Check

A paper check will be sent to students who do not set up direct deposit with Albizu University to the address on file with the Finance Office. The address used must be a U.S. address.

Students who choose to receive a paper check as opposed to direct deposit may have to wait longer to receive the refund.