2006–2007 - Florida Institute of Technology

e mailed at least 10 days in advance of the payment due date to
assure receipt by the payment deadline. Additional information
regarding the university’s payment policy can be found in the
Schedule of Classes printed each semester. Payments should be
addressed to Florida Institute of Technology, Business Services/
Student Accounting, 150 W. University Blvd., Melbourne, FL
32901-6975.
Student Accounts
On payment of the initial tuition deposit, an account is established
in the accounting office for the student, using the student’s
name and the student number assigned by the university as the
account identification. Parents desiring to remit payments to the
university by mail are encouraged to do so provided the payment
is mailed in time to reach the university by the due date. All
checks should show the student’s name and last four digits of the
student number on the face of the check to assure proper credit
to the student’s account.
If more money than required is remitted, any excess may be
refunded or may be left on deposit for the next semester. All
refunds will be paid to the student unless otherwise advised in
writing. Requests for refunds must be submitted in writing, and
will be honored starting on the 10th day following the start of
each semester. The cost of books should not be included in payments
mailed to the university. Books and supplies are available
at the college bookstore and can be purchased by cash, check,
approved credit card or the Panther Access Card Debit Account.
A student may charge bookstore purchases to his or her account
with the university, provided it contains sufficient funds to cover
such purchases. Students in aviation programs can obtain books
at F.I.T. Aviation L.L.C. by check or cash purchases. The university
will mail the student an account statement within 30 days
following registration. The statement will show itemized charges,
payments received and the account balance. A current account
statement can also be viewed online using the student’s PIN.
Time Payment Plan
Time payment plans are offered through FACTS Tuition
Management. Information about the plans may be found online
through PAWS.
Veterans Accounts
Veterans who receive allowances directly from the government
are responsible for paying their fees and charges on the same
basis as other students.
Banking and Check Cashing
To have ready access to funds as needed, students are encouraged
by the university to open a checking account in one of the local
banks. A new student should bring a cashier’s check for deposit
in the bank of their choice to avoid a waiting period before
funds can be withdrawn. An automated teller machine (ATM) is
located in the Denius Student Center.
The student accounting cashier’s office will cash personal checks
for students in amounts not to exceed $100 at prescribed times
during the week. Checks returned for non-sufficient funds (NSF)
will result in a fine being charged to the student’s account. If a
second NSF check is returned, the student will lose check cashing
privileges. Students are encouraged to open bank checking
and ATM accounts so that they will have continuous access to
their funds throughout the academic year.
10 Florida Tech
Panther Access Card ID and Debit Account
The Florida Tech identification card is an integral part of an
electronic access system that provides a variety of services to the
student. It is required to register for classes, check materials out
of Evans Library, conduct business at the student accounting
cashier’s office, attend many university functions, and serves as a
control for the various meal plans. The Panther Access Account
is a convenient and cost-effective way to manage expenses while
attending Florida Tech. These funds are always available and
the card can be used at all food service locations, bookstore, soft
drink and snack machines, washers and dryers, copy machines
and printers. In addition, the card is used for after-hours access
to many academic labs and other locations in campus facilities.
Funds may be pre-deposited or added at any time from the
SUB Café and Deli, Rathskeller, Center Court or Evans Dining
cashiers, bursar’s office, Campus Services Office or the automated
cash-to-card machine located in the library. For additional
information, please contact the Campus Services Office at
(321) 674-8076.
Payments–Part-Time Students
All charges for part-time undergraduate and graduate students
are due by the payment due date shown in the catalog and semester
schedule of classes. Part-time students may register for and
attend classes without payment if
1. the student is sponsored by an employer who will make payments
directly to the university, and the employer has furnished
a letter to student accounting accepting unconditional
liability for all charges not paid by the student, regardless
of whether the student completes the course or achieves a
minimum grade for the course; or
2. the student has a scholarship, loan or grant covering 100 percent
of all costs that will be paid directly to the university by
the sponsoring organization, and the sponsoring organization
has notified the university in writing of the student’s eligibility
and acceptance.
The student is responsible for submitting all paperwork on time.
If the student’s employer will not furnish a statement of unconditional
liability, but does make reimbursement directly to the
university, then the student is required to make payment to the
university at registration. Any amounts subsequently paid by the
employer will be refunded to the student.
Registration
Registration is final only after satisfying all financial obligations.
A student who is unable to pay by the due date, and has not
made prior financial arrangements with the Office of Account
Management, may have his or her registration canceled and the
class seats made available to other students. The academic calendar
in the front of this catalog lists registration deadlines.
Delinquent Accounts
Each semester, students must meet all financial obligations due
to the university, including tuition, fees, traffic/parking fines,
library fines, etc. Tuition, housing, board and other charges are
subject to audit at any time throughout the academic career of
the student. Students who do not make acceptable financial
arrangements to pay after they have been notified of the amount
due could have their current registrations canceled.