Student Expenses
Payment Regulations
Refund Policy
Student Accounts
Veterans Benefits and Transition Act of 2018

Student Expenses

Central Methodist University is a private, not-for-profit, gift-supported institution, deriving no direct income from taxes or other public funds. Tuition and fees cover only part of the instructional costs each year, and the remainder of the operating budget is income from the Endowment Fund, as well as gifts of alumni, (business) corporations, The United Methodist Church, and other friends of the University.

The Board of Trustees of Central Methodist University reserves the right to change the fees listed in this catalog without notice should the situation warrant a change. However, such changes will not occur during the current year in which a student is in attendance.

The information provided can be used to estimate your balance due to CMU, after financial assistance has been applied. Monthly billing statements, provided by the Business Office, will begin in June.

**Subject to changes initiated by the vendor
* This is the average cost for a resident hall, this number will vary depending upon the residence hall chosen.
^This is the cost of a full meal plan (19 meals per week); the cost will vary depending on the meal plan chosen. Freshmen and Transfer students are required to have the 19 meal plan for the first year of attendance. See below.

In addition to books and supplies, families should plan on other indirect cost such as transportation and personal spending. Please Note: Parents may borrow a Parent Loan for Undergraduate Students (PLUS) up to the full Cost of Attendance (or Budget) minus any financial assistance the student is receiving. If the student has an excess of funds (more aid than the total direct cost), the balance will be given to the student as a refund. The student can use this refund as a means to pay for books, transportation or other personal spending.

**Subject to changes initiated by the vendor
* This is the average cost for a resident hall, this number will vary depending upon the residence hall chosen.
^This is the cost of a full meal plan (19 meals per week); the cost will vary depending on the meal plan chosen. Freshmen and Transfer students are required to have the 19 meal plan for the first year of attendance. See below.

Payment Regulations

Fees and expenses are due and payable by the published due date; students will not be admitted to classes until arrangements concerning their settlement have been made at the Business Office. If financial obligations are not honored, the student will be denied certain university services (e.g., registration, transcripts, and food service). All payments not received within 10 days of the due date will be assessed a monthly late fee of 2% of balance.

Monthly payment options are available through NelNet. There are several payment plans available for the handling of student accounts. The total cost may be paid at the beginning of each semester. For more information about the payment plans, please write the Student Receivable Cashier, Central Methodist University, 411 Central Methodist Square, Fayette, MO 65248, or call 660-248-6207.

Refunds and Withdrawal

When the completed withdrawal form is filed, the University will adjust tuition in accordance with the following refund schedule:

Board fees are refunded on a pro-rata basis. Room and incidental fees are non-refundable. Institutional financial aid will be charged back at the corresponding tuition refund percentage. Federal assistance will be refunded according to federal guidelines.

Students who do not officially withdrawal or are administratively withdrawn from CMU may forfeit eligibility for a tuition refund.  When students earn a zero grade point average (0.0 GPA) for a payment period, they are not eligible for a tuition refund despite the possibility that they may be subject to federal funds returns (See Return to Title IV Funds). 

Student Accounts

Payments: Remittances should be addressed to the Cashier, Central Methodist University, 411 Central Methodist Square, Fayette, MO 65248. For questions, call 660-248-6207.

Outstanding Accounts: Students who have outstanding accounts may not be allowed to take final examinations, to pre-register for the next semester, to have transcripts issued, to participate in commencement, or to receive diplomas until appropriate financial arrangements have been made with the Business Office. Room, Board, and other privileges may be suspended as a result of unsatisfactory payments. Past due accounts may be turned over to a collection agency with all related legal and collection fees also due from the student.

Veterans Benefits and Transition Act of 2018

In compliance with Section 103 of the Veterans Benefits and Transition Act of 2018, Central Methodist University will not impose the following penalties to covered individuals* due to the delayed disbursement of funding from the Department of Veteran Affairs:

• preventing nor delaying the student’s enrollment,
• the assessment of late fees,
• the denial of access to any resources available to other students who have satisfied their tuition and fees bills to the institution, including but not limited to classes, libraries, or other institutional facilities,
• or require the student to secure alternative or additional funding

To qualify for this provision, such students are required to:

• Produce a Certificate of Eligibility**;
• Complete the Request for Certification Form
• Provide additional information needed to properly certify the enrollment as required by the Primary School Certifying Official.

This provision ends on the earlier of the following dates:

• The date on which payment from the VA is made to the institution
• 90 days after the date the institution certified tuition and fees following the receipt of the Certificate of Eligibility

*Covered individual is defined as any individual who is entitled to educational assistance under Chapter 31, Vocational Rehabilitation and Employment, or Chapter 33, Post 9/11 G.I. Bill®

**Certificate of Eligibility is defined as a Certificate of Eligibility, a Statement of Benefits, or a VAF 28-1905