Office of Student Accounts
About the Bard Budget Plan
The Bard Budget Plan allows student account payments for tuition, room, board, and required fees to be made in 10 installments from June through the following March. The plan participant receives a statement each month. In order to maintain enrollment in the BBP, a participant's account must be kept current each month.
The BBP is an alternative payment system. No tuition insurance, life insurance, or benefits are included.
A $50 annual application fee covers administration of the plan, and is due by May 24. This once-a-year, nonrefundable fee must accompany the application; it is not reflected in the installment amount. For applications submitted in June or thereafter, the fee is $65. Budget Plan applications will not be processed if the fee does not accompany the application.
How to Enroll
This page contains a Budget Plan
worksheet and application that is used to determine the monthly payment. Use the semester charges given in the schedule of allowable expenses and the
approved financial aid awards to complete the worksheet.
Click here to learn more about financial aid and billing.
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If a student plans to use a scholarship or grant that is not listed in a Bard College financial aid awards letter, a letter of intent from the scholarship's sponsor must accompany the application.
Please remember that a participant who enrolls in the plan late, that is, during the month of June or thereafter, must submit a $65 application fee, any letters of intent, and the monthly installments that are due for payment.
Please Note: The completed worksheet and application must be signed and mailed to the Office of Student Accounts along with the application fee. Online submission is not available and faxed applications cannot be processed.
Terms and Conditions
Payment Terms BBP payments are due by the date appearing on each monthly statement. All amounts billed on the student's current account statement that are not covered by the BBP or financial aid are also due and payable by the date appearing on the statement. The first BBP payment is due by June 20. Enrollments after May 31 will be accepted if an initial payment equal to the amount required to cover all missed payments is made at the time the application is filed. (i.e. Applications submitted in June must include payment for the June installment.)
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Late Payments
In order to cover the administrative expenses incurred by processing late payments, Bard College bills a finance charge of 1 percent of the payment amount. Late fees appear on the student's current account statement and are subject to its terms and conditions for payment. Accounts that are 15 days past due are subject to an additional $25 late charge. Bard reserves the right to terminate the plan in the case of two or more late payments. If the College exercises this option, any unpaid portion is reported on the student's current account statement and is subject to the terms and conditions of the Retail Credit Disclosure Agreement.
Financial Aid
Financial aid that is listed in an awards letter and has been approved by the Financial Aid Office is credited on billing statements by that office, not by the Office of Student Accounts. Financial aid credits are listed only if all required pertinent items have been submitted to and approved by the Financial Aid Office. Payment in lieu of missing financial aid is due as billed on the statement and is subject to late charges if not received by the due date. Parent and student loans (Federal Direct PLUS, Federal Direct, Alternative, and the like) are credited to a student's account only if Bard receives written confirmation of approval from the lending agencies. College stipend, work-study, and campus employment funding cannot be used as credits in calculating the monthly BBP installment.
Deposit
The $500 annual deposit is due by May 1, 2013. It cannot be financed through the Bard Budget Plan. This deposit may be applied to the final monthly installment for the year (March 20) or left on the account to be used for the following academic year's deposit.
Changes
The contract amount may be increased or decreased once without cost. Subsequent changes, made either to reflect newly approved financial aid or at the request of the participant, will be made at a cost of $10 for each additional change.
Credit Balances
Until the Bard Budget Plan contract is paid in full, no refunds will be issued from a student's current account if a credit balance would result.
Charges Not Financed through BBP
The following charges cannot be financed through the BBP. The annual deposit is due by May 1. The Language and Thinking Workshop meal charge, transfer orientation fee, security deposit, and ID card fee should be paid separately, along with the June installment. The Citizen Science Workshop meal charge and materials fee should be paid separately, along with the November installment.
| Annual deposit: | $500 |
| New students' fees, as follows: | |
| Language and Thinking Workshop meal charge: | $652 |
| Citizen Science Workshop meal charge: | $652 |
| Citizen Science materials fee: | $40 |
| Transfer orientation fee: | $100 |
| Security deposit: | $225 |
| ID card fee: | $5 |
Financial Clearance
Students' accounts must be current and financially cleared prior to scheduled registration, room draw, and start-of-term dates. The financial clearance dates are noted on statements and letters sent both to parents or guardians
and to students prior to the scheduled events. Accounts not financially cleared prior to these dates are subject to financial holds and late charges.
We encourage you to call the Office of Student Accounts in advance of these dates to verify the financial clearance status of the account, in order to avoid unexpected complications.
Payment Due Dates
Bard Budget Plan Payment Due Dates 2013–14 Academic Year Monthly installment payments are due by the dates noted below:
| For the Fall 2013 Semester: | For the Spring 2014 Semester: |
June 20 July 19 August 20 September 20 October 18 | November 20, 2013 December 20, 2013 January 20, 2014 February 20, 2014 March 20, 2014 |