Financial Information

Schedule of Tuition and Fees

The North Arkansas College Board of Trustees and the Arkansas Department of Higher Education has approved the following schedule of fees, current at the time of publication.

Fall 2017 Tuition

$71 per credit hour (Boone County)

$96 per credit hour (Arkansas)

$121 per credit hour (Contiguous Counties - Barry, Ozark, Stone and Taney counties in Missouri)

$169 per credit hour (Out-of-State)

Fees (*indicates a mandatory fee)

*Activity Fee - $3 per credit hour

*Student Services Fee - $2 per credit hour

*Safety & Parking Fee - $3 per credit hour

*Technology Fee - $12 per credit hour

*Student Government Fee - $1 per credit hour

CDL Class A Fee - $200

ACCUPLACER Test Fee - $6

Health Professions Program Fee - $28 per Health Professional course credit hour (Radiologic Technology, Surgical Technology, Emergency Medical Science, Registered Nursing, Practical Nursing, Medical Lab Technician, Medical Assistant, Phlebotomy and Certified Nursing Assistant program courses)

Insufficient Check Fee - $15

Late Registration Fee - $25

Science Lab Fee - $8 per Science Lab course credit hour (Course prefix of AGRI, BIOL, CHEM, GEOL, or PHSC)

Technical Program Fee - $25 per Technical program course credit hour (Course prefix of AST, CAD, CEO, CIT, CRT, CT, ET, HVAC, MT, & TECH ~~ excludes Truck Driving, Welding, all Northark Tech Center Courses, and courses ET 1001 and ET 1002).

Truck Driving Program Fee - $1,800 per program (Courses at regular tuition rates, based on residency)

Welding Fee - $25 per Welding course credit hour

Welding Certification Fee - $100 (Courses WLD 1184, WLD 2505, WLD 2605, WLD 2705, and WLD 2805)

North Arkansas College offers a Golden Ager waiver of general student fee charges for senior citizens 60 years of age or older in compliance with A.C.A. §6-60-204:

When any person sixty (60) years of age or older is admitted and enrolls as a student in any state-supported institution of higher learning in this state, the Board of Trustees of the institution or other appropriate institutional officials shall waive all the general student fee charges for each student on a space-available basis in existing classes. Fees will be waived only for courses organized to grant credit and recognized by the Department of Higher Education for credit.

Bookstore

Please note that expenses for books and supplies required for courses are additional out-of-pocket costs for students. Students are responsible to purchase required books and supplies via awarded financial aid or personal payments. Books and supplies expenses are separate from tuition and fees, and thus, should not be included with tuition and fee payments. Expenses for books and supplies are estimated to be $300 to $900 per semester, depending on the availability of rental options verses purchase prices, and depending on a student’s major and class load.

Credit and Payment Policy

Students who register for classes at North Arkansas College are required to pay all related tuition and fees or have made allowable payment arrangements by the posted deadline. Any tentative enrollment will be voided if payment arrangements are not made by this deadline. Payment arrangements include awarded financial aid, written, non-revocable payment commitments from approved third-party entities, or certain timed installment payment agreements via e-Cashier.

Charges to awarded financial aid require that (1) the application has been filed, (2) eligibility has been determined, (3) any selected data has been verified, and (4) the actual award has been processed. Any awarded financial aid will be used to first satisfy any account balance before the residual, if any, is remitted to the student.

The following procedure will be applied to students who are awarded financial aid (institutional awards and scholarships) and also have written non-revocable payment commitments from an approved third-party entity (State, Federal or other approved entity), or certain timed installment payment agreements (e-Cashier):

1. Financial aid will be processed in the order and by designated commitment of aid received.
2. Financial aid will be used as designated to first satisfy any account balance before the residual, if any, is remitted to the student.
3. As payment commitments from third-party entities are received, the funds will be applied to account balances as designated, with the residual, if any, reimbursed to the student.

Any timed installment payment arrangement (online e-Cashier feature) will require full payment within fifty (50) days from the start of the Fall and Spring semesters and prior to the start of classes of the Summer I, Summer II, and any offered mini terms. Timed installment payment arrangements will include an application fee, possible processing fees, potential delinquent payment fees, and acceptance of possible collection costs.

Students electing any qualified payment arrangement agree to the stipulation that upon any arrangement default or delinquent account status, North Arkansas College may deny future enrollment and/or refuse to release any transcriptions and records until the debt is satisfied.

Course textbooks and supplies obtained from the North Arkansas College Bookstore may only be charged to awarded financial aid with adequate remaining coverage after any tuition and fee charges or to written, non-revocable payment commitments from approved third-party entities. Bookstore purchases will not be eligible for any timed installment payment arrangement.

Delinquent Accounts and Collection Policy

North Arkansas College may deny future enrollment and/or refuse to release any transcripts and records until any delinquent account balance or debt to the college is satisfied. Delinquent accounts may also be subject to additional charges, including late fees, processing fees, collections costs, and attorney fees.

Additionally, North Arkansas College may pursue delinquent account collection through in-house efforts, public collection agencies, and/or garnishment of an individual’s Arkansas State Income Tax Refund, as allowed by Arkansas Statute 26-36-301.

Payment Information

Online account payment capabilities and certain payment arrangement options are available using the e-Cashier/Campus Connect link from the web page of North Arkansas College (www.northark.edu). Use of this service requires a valid Discover, MasterCard, or Visa credit card, or a checking or savings account; and certain application and transaction fees may apply.

Payment arrangements with e-Cashier will be available through the last day of registration.

Regular cash, check, or credit card payments may be transacted in person at:

Additionally, valid credit card payments may be made via phone at
(870) 391-3292 or (870) 381-3219.

Regular payments may be mailed to:

North Arkansas College
Attn: Student Accounts
1515 Pioneer Drive
Harrison, AR 72601

Refunds

Students desiring to withdraw from class should refer to the withdrawal section of this catalog. Upon official withdrawal from class, the College will refund tuition and fees according to the following schedule:

Refund Rate

All resulting student refund disbursements occurring as a result of class withdrawal after payment, excluding student financial aid disbursements, will be mailed approximately one (1) month from the close of registration and on a two-week cycle thereafter. Refund/Credit is based 31 upon the total cost of classes to the extent of amount paid. The refund schedule for classes that have a term start date that is different from the regular semester schedule will be adjusted proportionally.

Student financial aid disbursements will be issued via Direct Deposit. Students electing to receive a disbursement check must opt out of the standard Direct Deposit method.

Caution: Financial Aid recipients should take note that dropping some/all classes may partially reduce or revoke financial aid and could result in a significant account balance due or, if financial aid residual has already been received, you may be responsible for some repayment.

Return to Title IV Funds
When a student withdraws from North Arkansas College, he or she may no longer be eligible for the full amount of Title IV funds (Pell, SEOG, Federal Student Loans, Federal Work Study) that the student was originally scheduled to receive. In this event, the amount of Federal funds earned must be determined. Under Section 484B of the Higher Education Act, if the amount disbursed is greater than the amount earned, unearned funds must be returned.  http://ifap.ed.gov/qahome/qaassessments/returntivfunds.html.

1.  The amount of Title IV aid the student must return is determined by the Federal Formula for Return of Title IV Funds as specified in Section 484B of the Higher Education Act. This law also specifies the order of return of the Title IV funds to the programs from which they were awarded.
2. If a student withdraws prior to completing 60% of the enrollment period, a repayment may be required when cash has been disbursed to a student from financial aid funds in excess of the amount of aid the student earned during the term. The amount of Title IV aid earned is determined by multiplying the total Title IV aid (other than Federal College Work Study) for which the student qualified by the percentage of time during the term that the student was enrolled. The date used in the calculation is either the date of the complete withdrawal or the date issued by the instructor if a failing grade is earned for nonattendance. If a date cannot be determined, midpoint of the semester is used (50%).
3. If less aid was disbursed than was earned, the student may receive a late disbursement for the difference. If more aid was disbursed than was earned, the amount of Title IV aid that must be returned (i.e. that was unearned) is determined by subtracting the earned amount from the amount actually disbursed.

The responsibility for returning unearned aid is allocated between the college and the student according to the portion of disbursed aid that could have been used to cover college charges and the portion that could have been disbursed directly to the student once college charges were covered. North Arkansas College will distribute the unearned aid back to the Title IV program as specified by law. The student will be billed for the amount the student owed to the Title IV programs and any amount due to the college resulting from the return of Title IV funds used to cover college charges.

Satisfactory Academic Progress for Title IV Financial Aid

North Arkansas College students are expected to progress in their coursework and are required by federal regulation to maintain satisfactory academic progress (SAP) in order to receive federal financial aid funds.

SAP Evaluation
The Financial Aid Office checks SAP for all students who apply for Title IV federal student aid at the time of FAFSA application and midway through the student’s program of study.  Additionally, SAP for students in degree programs is checked annually; SAP for students in other program is checked at the end of each term of enrollment.

SAP Standards
2.0 G.P.A. in the previous semester of attendance

For each period of enrollment, students much complete a minimum number of credit hours based on the student’s attempted hours:

Successful course completion is defined as earning a passing grade. Grades of W (withdrawal), F (failing), NC (no credit) and I (incomplete) do not constitute successful completion.

Maximum Time to Complete Program
Students may receive federal financial aid for no longer than 150% of the total hours required for a program. All courses attempted, including those with grades of W, I, F, AU, CR, and IP, are counted as attempted hours. SAP for students enrolled in a clock hour programs will be reviewed at the completion of each payment period.

Repeated Courses
Students may receive federal aid for a repeated course one time if a passing grade has been earned (D or better).

Transfer Students
Transfer students are subject to the same policy regarding maximum time to program completion and G.P.A for courses transferred to Northark. All official transcripts must be received by the Registrar’s Office and must be evaluated before SAP can be determined.

Financial Aid Warning
Any student not meeting SAP Standards for the first time will be placed on Financial Aid Warning during the next period of enrollment.

Financial Aid Suspension
Students may be suspended from receiving Title IV Financial Aid as follows:

• Students who do not meet SAP at the end of a period of Warning Status.
• Students who exceed the maximum time for program completion.
• Students whose academic progress indicates an inability to complete their programs within the maximum time frame.
• Students who withdraw from all classes and students who complete the semester with a zero GPA will be automatically suspended for their next term of enrollment. These students are considered to have failed to make SAP.

Appeals to the Satisfactory Academic Progress Policy:
Students who demonstrate and document unusual or mitigating circumstances (i.e. illness, death in immediate family, etc.) may appeal the financial aid suspension by completing a “Financial Aid Suspension Appeal Form. This form, along with supporting documentation, must be submitted to the financial aid office within 15 days after receiving notification of suspension.  Students will be notified of the results of the appeal via email. The committee decision is final.

Reinstatement from Financial Aid Suspension
Students may be reinstated from financial aid suspension as follows:

• Students who were suspended due to failure to make SAP must complete a semester using their own financial resources and must meet SAP requirements during that semester in order to regain eligibility.
• Students who were suspended due to reasons relating to maximum time to program completion may not be reinstated without making a successful Financial Aid Suspension Appeal.
• Students who appeal financial aid suspension and receive a reinstatement decision from the Financial Aid Appeals Committee.

1. The Financial Aid Office processes applications for students who have made SAP and packages and awards eligible students.
2. The Financial Aid Office places students who have not made SAP on Financial Aid Warning or Suspension.
3. The financial aid applications of students who have been placed on Financial Aid Warning are processed, packaged and awarded (if the student is otherwise eligible for Title IV aid). These students are sent a Financial Aid Warning letter.
4. The Financial Aid Office sends a Financial Aid Suspension Letter and a Financial Aid Appeal form to students who have been placed on Financial Aid Suspension.

Appeals to the Satisfactory Academic Progress Policy:

Students may appeal the financial aid suspension by completing the financial aid suspension appeal form and submitting it to the financial aid office.

Textbook Returns, Refunds, and Buy-Backs

The Bookstore will only issue a refund for a returned textbook during the semester upon class cancellation by the college or official class withdrawal by the student (an official “drop slip” will be required). Any textbook refund during the semester will be subject to exactly the same published refund schedule for tuition and fees.

The college and/or external book dealer may offer to buy back a particular course textbook for a slightly discounted price at the end of the semester. However, this buy-back opportunity is subject to selected book editions and determined book quantities for future academic semesters and is in no way a guarantee by the college to repurchase any course textbook. Buyback will occur during finals week for the Fall and Spring semesters. During the two Summer sessions, Buyback will be on finals day.

Please note that expenses for books and supplies required for courses are additional out-of-pocket costs for students. Students are responsible to purchase required books and supplies via awarded financial aid or personal payments. Books and supplies expenses are separate from tuition and fees, and thus, should not be included with tuition and fee payments. Expenses for books and supplies are estimated to be $300 to $900 per semester, depending on the availability of rental options verses purchase prices, and depending on a student’s major and class load.