Finance OfficeStudying at Galen
Course Catalogues
| Finance |
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Galen University offers its students a variety of plans for payment of tuition and fees in attempt to make tertiary education available to every qualified student in Belize. Galen's credit policies place all students into one of the following groups: Cash Payment Students All students are Cash Students at the beginning of each semester. Installment Students Students wishing to pay by installments must enter into a Payment Agreement/Promissory Note prior to the beginning of each semester. A. Cash Payment Students Cash Payment is for students who will pay the semester's Tuition and Fees in full by the last day of the Drop & Add Period: Cash Payment Students must sign a Payment Agreement and make a deposit of $500.00 when registering. Students paying in full by the deadline receive a 10% discount on tuition, for the next semester. No exceptions will be made to the deadline date. Students who do not pay by the deadline will be charged a $25.00 late fee and 1% per month on their outstanding balance. Interest is calculated on the first day of each month following the deadline date. B. Installment Students - Payment Agreement/Promissory Note Installment Students must sign a Payment Agreement and make a deposit of at least $500.00 (first Payment) when registering.Installment Agreements are interest free and are for students who will pay their tuition and fees in full during the semester. The agreements are normally for four installments. The first installment is due prior to the beginning of classes. All other installments are due at the end of each month. Payments are given a three day grace period only. There is a $30.00 installment fee and late installment payments accrue a $100.00 late fee, each month. C. Payment Policy All students must pay in full by the beginning of classes or have a written agreement for payment which can be a Payment Agreement/Promissory Note for Cash or Installments. Students who are not financially current will not be considered registered after the Drop & Add Deadline. New Class Lists will be issued at that time. Only in exceptional cases will delinquent students be allowed to continue and finish the semester under special approval from the Chief Financial Officer (CFO). Students who have not met their payment terms may not register or enroll in any subsequent semester until their balance is current. In exceptional circumstances, the CFO may issue exceptions to this policy, but it must be done in writing and before the start of the semester. All non-degree students are Cash Students and must pay their tuition and fees in full before the start of classes and may not attend any classes until their full payment is settled. D. Rental Books Rental books should be returned by the final exam date. Books not returned on the day of final exam will be charged $1.00 late fee, up to seven days, after which time the sale price will charged to the student's account and the book considered non-returnable. For further information, please contact:
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