Financial Information

Expenses 2024-2025 Academic Year

Note: All requests to change your designated meal plan must be made via email to the Office of Residence Life at reslife@providence.edu. Requests to add or increase a meal plan may be made at any time. Requests to reduce or cancel a meal plan, if applicable, must be submitted no later than the second Friday after the start of classes.

Special Fees 2024-2025 Academic Year

* Tuition, room and board, and special fees are subject to change each academic year.

All fees are payable in full and in advance at the Office of the Bursar on or before August 15 for the fall semester and on or before December 15 for the spring semester. If a student account is not paid by August 15 for the fall semester and December 15 for the spring semester, the account may be assessed a $100 late fine and placed on financial hold.

For all personal checks over $500 received within 10 days of registration, the account will remain on financial hold for 5 days pending clearance of funds by the bank. Holds will be removed immediately with payment of a certified or bank check, money order, or wire transfer only. Financial holds suspend the right of a student to register; make a housing deposit; receive a degree, grade reports, transcript, or letter of recommendation. In view of the continuing rise in the cost of living and the cost of College services, students are advised that the College may find it necessary to increase charges whenever such action is deemed necessary.

Checks should be made payable to: “Providence College.”

Deposits

Providence College Monthly Payment Plan

As an alternative to payment in full at the beginning of each semester, Providence College offers an optional payment program for those who wish to pay monthly.

Under this program, families may budget their educational expenses in 5, 4, and 3 equal installments each semester eliminating one large payment prior to each semester. Tuition, room, board, and fees for the upcoming academic year may be budgeted under this plan each semester.

Each student is required to choose one or the other payment option prior to the start of each academic year. No other arrangements are allowed.

Collection

In the event, a student is in arrears as to any monies due and owing to the College at any time during matriculation, graduation, withdrawal, or upon dismissal, the College reserves the right to collect these funds in a manner that may result in additional collection/legal fees and costs.

Withdrawals and Refunds

A student who, for any reason whatsoever, decides to withdraw from the College during the semester, must immediately notify the Student Success Center in writing and state the reason for withdrawal. Refunds of tuition, room, board, and fees will be made according to the following schedule. In all cases, the official withdrawal date is the date the written notification is received by the Student Success Center, and this date affects all financial calculations in determining refunds, if any.

Exceptions to this refund schedule may be given in cases of deployment of students who are active-duty personnel in the United States Armed Forces, National Guard, or Reserve.

Written withdrawal notification received by the Dean in the:

Return of Title IV Funds

Providence College is required by federal and state regulations to make known the following information to financial aid recipients: Upon withdrawing from the College during the first 60 percent of the enrollment period, a student earns Title IV funds in direct proportion to the length of time they remain enrolled. That is, the percentage of time during the period that the student remains enrolled is the percentage of disbursable aid for that period that the student earned. Again, a written withdrawal notification serves as the date of a withdrawal. In cases where a student unofficially withdraws from the College (defined as having earned NO grades during that semester), the student will be subject to a similar refund calculation based on the last day of academic-related activity or back to the 50 percent point of the semester. A student who remains enrolled beyond the 60 percent point earns all federal aid for the period.

Example of Return of Title IV Funds Calculation:
A student officially withdraws from the College in the fourth week or on the 22nd day of the semester. The semester is defined as 15 weeks x 7 days per week or 105 days. The student’s total financial aid package is:

Formula:

Step One:

22 days - 105 days in enrollment period = 21% of the enrollment period completed. Percentage of aid earned = 21%.

Step Two:

$6,059 total aid x 21% = $1,272 total aid earned.

Step Three:

$6,059 total aid - $1,272 total aid earned = $4,787 total aid unearned.

Step Four:

$4,787 unearned aid to be returned to Title IV funds.

Refund Distribution

Prescribed by law and regulation

1. Unsubsidized loans
2. Subsidized loans
3. PLUS Loans
4. Federal Pell Grants
5. Federal SEOG

Veterans Educational Benefits

Any student using Chapter 33 Post 9/11 GI Bill® or Chapter 31 Vocational Rehabilitation and Employment Services benefits, even if the U.S. Department of Veterans Affairs has not yet paid tuition and fees, Providence College will not

• prevent enrolling,
• assess a late penalty fee,
• require securing alternative or additional funding, or
• deny access to any school resources (access to classes, libraries, or other institutional facilities) that are available to other students whose bill has been paid.

Providence College may require that such students

• produce the U.S. Department of Veteran’s Affairs Certificate of Eligibility by the first day of class,
• provide written request to be certified, and
• provide additional information needed to properly certify.

GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Website.

PC Card and PC Cash Account

The PC Card is the College’s identification card and much more. The PC Card is a meal card, a library card, a means for tracking attendance, and an access card to residence halls, the Concannon Fitness Center, and public transportation. The PC Card is also a safe and convenient way to make purchases on campus using the PC Cash account.

The PC Cash Account is a debit account used to make purchases at locations on and off-campus including vending and copy machines, the PC Bookstore, Dunkin Donuts, Eaton Street Cafe, and McPhail’s, as well as select off-campus locations. For more information about the PC Card, visit www.providence.edu/pccard.

Banking Facility

Two automatic teller machines (ATMs) are located on the ground floor of the Slavin Center and one on the ground floor of the Ryan School of Business for the convenience of the students.