Navigating CBU Student Accounts: A Comprehensive Guide

This article provides a comprehensive guide to understanding student accounts at Christian Brothers University (CBU), covering topics from tuition and fee payments to refunds, financial aid, and special circumstances like the COVID-19 pandemic. It aims to clarify the processes and policies related to student finances at CBU.

Understanding Tuition and Fee Charges

All student account charges at CBU are due and payable by the Payment Due Date. These charges encompass tuition and fees, as well as room and board charges for residential students. CBU offers education to its students through traditional in-person and online formats.

Payment Options and Procedures

CBU provides several options for settling tuition and fee payments. One convenient method is paying online. CBU partners with Convera (formerly Western Union Business Solutions) to offer a simple, secure, and smart way for international students to pay their tuition and fee payments online. This partnership aims to help students avoid intermediary bank fees and potentially receive more favorable exchange rates.

To make an online payment, students should:

Confirm their student information.
Complete payer information.
Complete the payment to CBU.

The payment status can be viewed and confirmed on CBU’s Payment Center. It is important to note that in limited circumstances, transaction fees may apply, if selected by payors. Also, Visa and Mastercard are available in specific jurisdictions only. Due to banking regulations, not all currencies are available. Convera provides foreign exchange and payment services to its Education Clients including accepting payments on their behalf. It does not provide services to third party payors.

Read also: Understanding GMU Student Accounts

Payment Plans

CBU offers payment plans to help students manage their tuition costs. Auto Pay is typically required for payment plans. The payment plan amount may adjust up or down based on changes to the student's account balance. It's important to note that past due balances may not be included in the current semester payment plan.

Refunds and Withdrawal Policies

Tuition refunds are calculated from the date of official withdrawal from a course or from the University. The amount of the refund may also be affected by the loss of federal financial aid.

Course Withdrawal

No Show Period: During the No Show Period, there is no charge incurred for withdrawal, and no mark will appear on the transcript.
Within Withdrawal Period: A student may withdraw from a course within the withdrawal period.
After Withdrawal Period: After the withdrawal period, there will be no credit of tuition.

Refund policies are subject to change and are contingent upon a written appeal reviewed by the Office of the Registrar. Financial aid will be awarded accordingly based on the funding source and their requirements. Financial aid cannot be applied to study abroad unless prior approval is granted.

Financial Aid

To receive financial aid, students must submit all required documents. Your offer can be found through the “Financial Aid Offer & Document Tracking” link on InsideCBU. Students can review, accept, and decline aid for Fall 2026 by going to My Financial Aid>Offer on LancerLink.

Special Circumstances: COVID-19 and Prorated Credits/Rebates

In response to the coronavirus crisis in April 2020, Christian Brothers University offered prorated rebates and credits for students who had to leave campus housing early.

Read also: Student Account Information

Rebates for Graduating Students: Prorated rebates were available for residential students graduating in May 2020 who would not be returning for the Fall 2020 semester, provided they had applied to graduate. The rebate amount was applied to the student's account as a credit prior to April 15. If the student owed a balance to CBU or was on a payment plan, the rebate reduced the amount owed. If there was no balance, rebate checks were processed after the April 15 payment plan deadline and delivered by April 30.
Credits for Returning Students: Returning students who were not graduating in May 2020 received a prorated credit applied to their CBU accounts, which was applied towards Fall 2020 costs.

University Policies and Force Majeure

CBU strives to provide continuous education to its students. However, the university may be affected by events such as war, disease, social unrest, and accidents, which may place restrictions upon the University's delivery of instruction. The university maintains the right to modify its policies and procedures under such circumstances.

Additional Considerations

Campus Bookstore purchases from loan monies may be eligible for a book voucher.
Student accounts are subject to Federal, State and University regulations and policies.
Financial aid eligibility may be affected by withdrawal from a course or from the University.
All student account charges are due and payable by the Payment Due Date, which may precede the financial aid disbursement deadline or CBU’s Payment Due Date (whichever date comes first).

Read also: Understanding Your Hampton Account

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