Although all charges are due and payable in full at the beginning of each term, students in good financial standing at RSCC may defer payment of up to 50% of their fees for registration for the fall and spring semesters. The Deferred Payment Plan is not available for summer terms or for other short sessions.

Eligibility

To be eligible for the Deferred Payment Plan, each participant must be prepared to make a minimum down payment of 50% of the registration fees. The total balance due must be at least $150 after all discounts, financial aid, and other credits have been applied to the student’s account. Prior term balances, unless covered by a current repayment agreement, plus processing fees and non deferrable charges must be paid in addition to the 50% payment.

A student who has failed to make timely payments in a previous term may be denied the right to participate in the deferred payment plan in future enrollment periods. A student who is denied participation may be allowed to participate again only after appealing ineligibility. Appeals should be made to the Assistant Vice President for Fiscal Services.

Terms

The amount deferred will be payable in two monthly installments. For the fall term, installment payments are due on September 30 and October 30. For the spring term, installment payments are due on March 2 and April 1.

NEW: Please note that when signing up for the deferred payment plan you will be required to schedule the two remaining payments using the credit or debit card you use for the initial down payment. The two remaining payments will be automatically charged to the credit or debit card you supply. In order to participate in the deferred payment plan you must agree to these terms. Signing up for the deferred payment plan may only be done online due to the required scheduling of future payments. If you choose to pay using other means before your credit or debit card payment is scheduled you must go into your account and cancel the previously scheduled payment. If you do not do this then the amount will come out of your account again.

Participants in this plan must apply all discounts, waivers, credits and financial aid including student loans, toward payment of registration fees before a deferment will be considered. Financial Aid and other credits received after the initial payment will be applied to the remaining balance, and future amounts due will be recomputed. No refunds can be made until all fees are paid in full.

Students will not be withdrawn from classes for failure to pay the 2nd or 3rd installments. However, Roane State will withhold grades and transcripts and all other services until current payments are made. Also, the balance must be paid in full before the student can register for a future term.

Service Charges and Fines

Each participant will be charged a $25.00 service fee each term to defray administrative costs. An additional late payment charge of $25 will be assessed on each installment not paid on or before the due date for that payment. Students who make payments with checks that are returned will be charged a $30.00 return check service fee as well as any applicable late fees.

If a payment is not received in the Business Office by the scheduled payment due date, the college may withhold all services from the students, including grades, transcripts, and future registration until the fees have been paid in full including any assessed late fees.

All existing rules and policies pertaining to returned checks, refunds, withdrawals, dropped classes, and collection costs are applicable to the Deferred Payment Plan.

Students may view their account balance and make deferred payment plan payments via the web.

Payment must be made online in RaiderNet. Once you have logged into your account use “Student” then “Account Summary” to access the payment website. You may then enroll in the deferred payment plan and sign the agreement online. For assistance please call 865-882-4515 or 1-800-343-9104. No agreements can be made over the phone.

Refunds/Withdrawal from Classes

Students who drop or withdraw from classes will still have a balance due under the deferred payment plan. Fees are adjusted based on the drop or withdrawal date. The refund percentage is NOT applied to the amount of payment, but rather as a percentage of adjustment of total fees. A refund would only be issued to the student if the newly adjusted amount of fees is less than the amount that has been paid by the student.

For example: If total fees are $1,242.50 and the student has paid $621.25, and then withdraws in the 25% refund period, the new fee total is $1,242.50 less 25% ($310.63), which is $931.87. Since the student has paid only $621.25, the student would still owe $310.62 and would not be eligible for a refund.

To avoid late fees and ineligibility for the deferred payment plan in future terms, the student should continue to make payment by each due date. Contact the Business Office for the new payment amounts after drop or withdrawal. Remember, withdrawal from classes does not negate the student’s responsibility to pay the balance of fees after the semester has begun.

Added Classes after Fee Payment

Additional fees for classes added after fee payment are due by the deadlines specified in the class schedule. If you are participating in the deferred payment plan prior to adding the classes, any unpaid fees after this date will be processed as a deferred payment plan.

If you have any questions regarding the Deferred Payment Plan, please contact the Business Office at 865-882-4515 or 1-800-343-9104.