The following is an itemized breakdown of charge descriptions which appear on your Drew billing statement. Any specific account questions can be directed to the Business Office at 973/408-3114 or via email.
Balance Forward
"Balance on Account" from previous statement. A balance brought forward might include unpaid campus traffic violations, charges for summer rentals on campus, residence hall damage fines, (either miscellaneous or individual), or adjusted prior financial aid. First-year students should not have a balance forward.
Tuition
The semester charge for academic instruction and support programs for the courses for which you are pre-registered If you did not pre-register, you are automatically billed based on how you were admitted to the University (i.e. Full time or Part Time and College, Grad, or Theo).
Adjustments to this entry are made to your account as necessary during the add/drop period (the first two weeks of the semester). Statements are mailed once each month. Revised statements will not be printed automatically, but may be requested individually.
As an entering full-time College Student, or full-time Theological Student in the M.Div. Program, you receive a computer, printer, and software. The cost of this package is included in the full-time tuition charge over four years for undergraduate students and as an additional mandatory charge for full-time Theological Students in the M.Div. Program. (When you receive your computer package, you are asked to sign an agreement that describes the terms governing receipt of the system).
Technology Fee
The technology fee provides support student centered
technology services, including the Drew standard computer that is provided to
support the academic program. The
technology fee include also contributes to the cost of residence hall wireless
networking and other student technology services.
General Fee
The mandatory per-semester charge to all students that underwrites support of University Center operations and the student activities programming of your particular school. Additionally, the General Fee supports the Student Health Services Center, which provides for treatment of minor illness, management of chronic diseases/disabilities, wellness education, gynecological care, employment and sports physicals, etc., and services of the Counseling Center (short term therapy, testing, outreach programs, and emergency services). Those with spouses/children living with them may obtain family coverage for an additional fee.
Board
The semester charge for the food plan in which you are enrolled. The University offers a variety of food plan options detailed in accompanying materials and at www.depts.drew.edu/busoff.meal.htm. The meal plan is mandatory for all College residents. All college residents are automatically enrolled in the seven-day plan (19 meals, no points). A meal change request forms is available on Campus Web and needs to be submitted there prior to the second week of classes.
Housing
The semester charge for residing in University-owned housing. For students who reside in most major campus residence halls, the housing charge includes a connection for television cable service and telephone service. Although charges for apartment rentals are billed by the semester, graduate and theological students in Drew-owned apartments may arrange, through application to the Business Office, to pay their rent on a monthly basis. Students who do not apply for monthly rent are required to pay the semester rent in full by the semester payment deadline.
Insurance
The annual charge automatically billed to every full-time student for Drew's comprehensive student medical insurance plan, required by New Jersey law. If you have other coverage, you may waive this charge by verifying that you have coverage under another suitable health and accident plan. However, the University strongly recommends that you take this coverage as additional protection due to the rigid regulations regarding HMO coverage in home states. WAIVERS MUST BE SUBMITTED VIA CAMPUS WEB BY AUGUST 5 FOR THOSE ENROLLING IN THE FALL SEMESTER or BY JANUARY 5 FOR THOSE ENROLLING FOR THE FIRST TIME IN THE SPRING SEMESTER. YOU MUST EITHER ENROLL IN OR WAIVE THE INSURANCE TO BE CLEAR.
**Please note that the Business Office only processes the fees associated with the accident/sickness insurance. Any specific coverage or plan inquiries should be directed to University Health Plans Corp. at 800.437.6448 or by visiting their web page at http://www.universityhealthplans.com/temp/Drew/intro.html
Tuition Refund Insurance
The per-semester fee that provides a prorated refund of comprehensive costs (tuition, room, board, and fees) if you must drop out of the University for approved medical reasons anytime during the semester. The insurance also covers up to 60% of prorated semester fees for mental or nervous disability certified by qualified medical authorities. All students are automatically billed for this insurance, but you may waive the coverage BY SUBMITTING THE WAIVER FORM VIA CAMPUS WEB BY AUGUST 5 FOR THE FALL OR BY JANUARY 5 FOR THE SPRING*. The per-semester charge includes a clerical fee established by the University.
*Only NEW spring semester students may waive the Tuition Refund Insurance for the spring semester. Returning students who did not waive this insurance in the fall may not do so for the spring.
Security Deposit
A one-time charge to new students in certain Graduate and Thological School programs, refunded approximately one month after you leave Drew (either upon graduation or withdrawal) after any outstanding fines, penalties, or miscellaneous charges have been cleared from your account.
Orientation Fee
A one-time charge to all new students that covers programs and activities during orientation period. Orientation is conducted prior to your first Drew term and is manditory. Choosing not to attend orientation without Dean approval will not constitute the removal of this fee.
Transcript Fee
A one-time charge to all new students (full or part time) that covers transcript requests for the duration of their connection with the University.
Financial Aid Credited
This item shows on your statement as a Drew scholarship,Loans, Grants, or any other financial aid awarded by or processed through the Office of Financial Assistance. It represents aid for which payment has been received and recorded by the Business Office. The amount appears in the right-hand column as a credit (cr) and is subtracted from the total due on this semester statement of charges.
Balance on Account
A total of all charges and credits received /recorded in the Business Office. This subtotal does not include pending credits. This is the amount that will appear as the "Balance Forward" on your next statement, but is not the amount that you pay now (see "Total Due" for the amount you must pay).
Deferred Payment Plan Balance
This is the total of payment plans not yet due as of the statement date. The amount is deducted from the balance on account to arrive at the adjusted balance. This amount includes a total of the remaining balance(s) of any approved payment plan(s) - the Key Payment Plan (through Key Resources), the Four Month Payment Plan, and/or the Monthly Rent Plan (grad/theo students only). Please note that early or late payments may result in a misleading adjusted balance. If you miss the payment due date set by Key, this payment will be due to Drew and you must notify Key of this payment adjustment. If you do not do this, your account will not be clear and may result in the inability to register, receive transcripts, or participate in room selection.
Adjusted Balance
This is the balance on the account less payment plans for the current semester. This amount does not include pending financial aid.
Financial Aid Pending
Any financial aid awarded by or processed through the Office of Financial Assistance for which payment has not yet been received in the Business Office at the time the statement was printed . On this semester statement of charges, the amount of pending financial aid appears in the right-hand column as a credit (CR) and is subtracted from the the balance due. Please visit the Stafford Loan or Perkins Loan pages for more information.
Total Due (blue box)
The amount owed to Drew University that is not covered by an approved payment plan or certified pending Financial Aid. Must be paid in full by cash, check or money order (made payable to Drew University), credit card or ach debit. A late charge of $500 is assessed if you delay paying until after August 5 for the fall semester or after January 5 for the spring semester. Do not wait for an amended statement to address the balance on your account if you change your registration or aid package. YOU MUST PAY THE BALANCE DUE ON YOUR ACCOUNT TO ATTEND CLASSES OR TO MOVE INTO UNIVERSITY HOUSING WHETHER OR NOT YOU RECEIVED A STATEMENT.
If the Total Due has a "cr" next to it, you do not need to make payment, this means you have (or will have) a credit balance.
Adapted from Understanding Your Drew Bill: A Guide to Drew Billing from the University Business Office and the Office of Financial Assistance, 2004-2005; and Student Accident and Sickness Insurance Program 2004-2006 brochure. (Hard copies available in the Business Office).
