Failure to satisfy this financial obligation will prevent students from receiving academic credit, transcripts, diplomas and certifications, as well as from being permitted to register for future semesters. Nonpayment does not constitute official withdrawal, which must be done through the Student Affairs Office. Failure to attend classes will not relieve students of their financial obligations or entitle students to a refund. The date of official withdrawal determines eligibility for any refunds in accordance with the University refund policy. Payment - All fees and charges for a given academic period must be paid in full or be properly deferred prior to the first day of classes. Registration is not complete until a student pays all fees and charges which are due and payable. All checks must be payable to "SUNY at Stony Brook". Post-dated checks are not accepted. Payment can be made by credit card (Master Card, Discover or Visa only). The University also offers a Time Option Payment Plan, which allows for budgeting of expenses over a 10 month period (June - March). There are no interest costs, only a $30 annual processing fee. For further information, please contact the Office of Student Accounts. Students making payment after the published due dates shall be required to pay a late payment fee of $30. Those students that register on or after the first day of classes in a given semester shall be required to pay a late registration fee of $40. These fees may not be waived or deferred. The late registration period ends at the close of the second week of classes of each academic period.

All medical students are required to own their own computer. A budget revision of between $2500 and $3000 will be approved for those students who need to purchase a computer to fulfill this requirement. Documentation is required. Students are advised to clean up any outstanding credit card debt before entering medical school, as these expenses will not be included in a student expense budget.

DEFERMENT PROCESS - Students receiving awards provided by the State of New York, managed by the University, or payable to the University may utilize deferment equal to the amount of the award. Documented proof of the award and the amount must be received by the Student Accounts Office at the time of payment.

All deferments expire six weeks after the first day of classes. Only tuition fees, room and board charges may be deferred. Deferment may be granted to students for the following types of awards:

1. All campus-based financial aid programs with the exception of the College Work Study Program.


2. Tuition Assistance/Regents Scholarship Awards


3. Veteran's Education Benefits


4. Vocational Rehabilitation Benefits


5. Private, public or industrial scholarships, grants, internships, and loans (including foreign student government scholarships)


6. Graduate students employed on Teaching Assistantships, Graduate Assistantships or Research Assistantships can defer charges up to one-half of their semester salary.


7. Subsidized Stafford, Unsubsidized Stafford.

REFUND POLICY
All requests for refunds must be submitted in writing to the Office of Student Accounts, SUNY at Stony Brook. Please refer to the current Health Sciences Center Bulletin for more information about the University Refund Policy.