University of Technology, Jamaica Fee Payment Notice for Semester 1 Academic Year 2013/14 Dear Students, For the past several years, you have signalled the need for the university to address your concerns about registration and fee payment. The university recognizes that a number of you have had significant challenges in securing adequate and timely funding for your studies. We are very concerned about your well-being and progress and given this concern, the senior management of the university has decided to provide you with more flexible payment arrangement in order to facilitate your registration. For the 2013/14 academic year, you will be allowed to select modules and enrol with payment of either 100% of your invoice OR 30% of your total invoice. Conditions will apply, depending on the option you choose. Please see below for details. Students paying 100% of invoice You will be required to: · clear all outstanding liabilities for prior academic years · select modules online for Semester 1 · confirm module selection · print invoice or fee breakdown · pay 100% of the fee stated on the invoice at any of the university’s payment gateways Financial clearance will be granted within 48 hours or two (2) working days upon receipt of the payment information from the payment agency that 100% of the fees have been deposited. Once financially cleared, you will be required to go online to complete the registration process. Students paying a deposit of 30% of invoice This part payment arrangement option is applicable to all self-financed students, students’ loan applicants whose loans have not been approved by the bureau or whose application is not at an “E” status, as well as sponsored or scholarship recipients whose donors have not committed to paying the fees directly to the university. You will be required to: · clear all outstanding liabilities for prior academic years · select modules online for Semester 1 · confirm module selection · and print invoice or fee breakdown · pay 30% of the fee stated on your invoice at any of the university’s payment gateways Financial clearance will be granted within 48 hours or two (2) working days upon receipt of payment information from the payment agency that 30% of the fees have been deposited. Once financially cleared, you will be required to go online to complete the registration process. Conditions attached to paying 30% deposit By using this option you have accepted that you will be bounded by all the terms and conditions attached to this mode of payment. These are as follows · You will incur a monthly charge of $3,000 on the 1st working day of each month commencing after the closure of registration. This charge will be applied to your account once it has an outstanding balance. · If you fail to settle the remaining 70% of your invoice before November 15, you will not be allowed to sit Semester 1 examinations, receive final grades for coursework already done or be progressed to Semester 2. · You will not be allowed to register for any other semester unless all outstanding balances for semester 1 are settled. · If you are unable to sit the final examination because of non-payment of outstanding balances, you will have to await the next period that the module is being offered in order to have it redone. · You will be required to pay the full cost to re-do the modules if because of non-payment you were not able to sit Semester 1 final examination. Students’ Loan Applicant at an “E” status Approved Student Loan Bureau (SLB) recipients at an “E” status, will be granted financial clearance for Semester 1, once the bureau has communicated this approval to the University’s Finance Department. Kindly note the following as well: · Prior to getting financial clearance you will be required to pay all the ancillary and other miscellaneous fees, as the SLB ONLY cover the tuition and examination/assessment fees. · You should provide the SLB with all the documentations required and attend the requisite interviews to ensure the timely approval of your loan before the closure of registration. · You will be required to ensure that the number of credits selected for each semester is in line with the number of credits the SLB loan will cover. The SLB will not cover amounts not in the loan agreement. · If you exceed the credit load as per the loan agreement with the SLB you will be required to pay the difference out of pocket and such will be subject to the 100% payment conditions. · The SLB does not cover the cost for pre-university and zero-credit modules, or special college/faculty related fees. Students’ on an approved Scholarship or Sponsored If you are an approved scholarship or sponsored arrangement, you will be required to report to the Financial Aid Office with your fee breakdown sheet and written verification of receipts of the scholarship. Please note the following as well: · Where the documentation of the sponsorship has already been received by the Financial Aid Office, you need only to take in a copy of the fee breakdown sheet. · You will be required to pay the full balance of all fees in excess of the amount covered by the scholarship/sponsorship. · If you are a student on any of the satellite campuses, you are required to bring in the aforementioned documents to the Administrative Office at the respective campus and the campus administrator will forward such to the Financial Aid Office at the Papine Campus for processing. · Sponsors are required to pay all outstanding fees within 30 working days of the official close of registration each semester, or by any other deadline agreed with the Financial Aid Office. · You must ensure that your sponsors adhere to the credit conditionalities and comply with the stipulated payment deadline as failure on their part will result in the indebtedness being reflected on your account which will result in you being unable to sit your final examinations. · If your sponsor fails to pay within the stipulated deadline, you are ultimately liable and will be required to pay all outstanding fees on demand. We urge you to be guided by the information provided above, and pay fees by August 21, 2013, as no other payment arrangements will be accommodated. Payment Gateways Payment of fees for modules selected must be made by the close of the enrolment period using any of the following options: UTech Accounts Receivable using debit or credit cards or managers cheques ONLY UTech’s online payment services using Keycard, Visacard or Mastercard ONLY Paymaster locations island-wide Bill Express locations island-wide National Commercial Banks (NCB) island-wide using account # 371360247 For NCB customers payments in local currency can be made using the bank’s e-banking facility at jncb .
Posted on: Wed, 07 Aug 2013 20:37:29 +0000
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