Important Financial Account Information for Incoming Students & Parents

Welcome to CWRU

Fall 2020 tuition and fee charges have been posted and are based on full time student status (first year undergraduate students) or registration at the time of billing and student's room assignment and board (meal plan) selection. Changes to room assignments and board selection may take up to three business days to reflect in the Student Information System (SIS) and may change the billing amount due. Billing statements will reflect changes since the last bill.

Spring 2021 charges will be posted in December based on registered courses and are due February 12, 2021.

Please see the topics below for important information about student financial account.

Authorized users with Finances access to SIS can view student's bill, billing history, account activity, view prepared 1098-T tax forms and pending aid, and can make online payments. In order for Student Financial Services to speak in detail regarding a student's financial account to a third party, including parents or guardians, they must first be set up as an authorized user in SIS. 

For complete step-by-step instructions, please visit the Manage Authorized Users in SIS page. 

The University has a sliding scale (100%, 75%, 50%, 25%, and 0%) refund policy for term withdrawals. Tuition Refund Insurance is an optional insurance policy that students or families may purchase for a fee before the start of the semester. It provides reimbursement of expenses paid for tuition, fees, and room and board to a student or policy holder if the student must withdraw (physician recommendation) from all classes due to an illness, injury, or a psychological condition. To learn more, get a quote, or purchase tuition insurance, please visit GradGuard

The Student Medical Plan ($1,367) may be waived if a student is covered under a comparable medical insurance plan. More information about the Student Medical Plan is available on the CWRU Student Medical Plan homepage, including waiver eligibility criteria and the new MyHealthConnect waiver process instructions. The deadline to complete the medical plan waiver is September 4, 2020.

Graduate and professional students will be enrolled automatically as members of One to One Fitness Center at a discounted rate ($126 + sales tax for Fall 2020), with no initiation fee. Students who do not wish to use this benefit may opt out by the end of the add/drop period of each semester in SIS by utilizing the Waive Optional Fees page. The deadline to opt out of One to One membership is September 4, 2020 for Fall 2020. 

By regulation, excess federal financial aid cannot automatically apply to non-institutional charges (ex. Student Medical Plan, One to One Fitness Membership Fee, Parking Permit fee, and other miscellaneous charges). Students who would like to utilize financial aid that exceeds tuition, room and board, and other institutional fees, may complete the FA Permissions authorization in SIS. Permission must be completed before the student's financial aid disbursements, usually around the first day of undergraduate courses. This permission form can only be completed by the student. 

A Statement of Account provides students and authorized users a real-time, easily understandable printable statement organized by term. The statements can be created at any time and includes a summary of all charges and credits for the term. Pending financial aid and course enrollment for the term may optionally be included on these statements.

A Billing Statement is generated on a schedule and contains a snapshot of activity for a given time period. Students and their financial authorized users will receive a billing notification via email when one is produced.

Direct deposit is available for student tuition account refunds by enrolling in SIS. This allows for a refund of the credit balance (payments/credits exceed charges) on a student's tuition account to be delivered into the student's designated bank account. Once enrolled, all future refunds and financial aid overpayments will be deposited in the same manner. 

Please review the various payment methods available to students and financial authorized users. The University's preferred method of payment is electronically (online) thru SIS. However, many more payment options are available, including payment plans.

Educational expenses can be easier to manage when spread over predictable monthly payments. The university offers three types of payment plans to assist students and families. Students and their financial authorized users can enroll and manage their payment plan through SIS on the CWRUpay tile. 

  • The 4-PAY and 3-PAY plans are budget plans that allows students and families to start making monthly payments before the semester starts. These plans are a budgeting tool and do not have an enrollment (participation) fee.
  • The 2-PAY plan allows for 2 (two) monthly payments after the started semester's tuition due date and has an enrollment (participation) fee equal to 2.7% of the amount on the payment plan. 

Review additional details, including enrollment deadlines, withdrawal dates, and payment options on the Payment Plan page.  

The 1098-T tax form is prepared annually for U.S. citizen and permanent resident students with payments towards qualified tuition and fees, as defined by IRS regulations. Students will receive an email notification when their 1098-T is available to view in SIS, during the month of January. Students and their authorized users can access their tax form after granting electronic delivery consent. If no consent is granted before mid-January, the tax form will be mailed to the student's permanent address.