An advance tuition deposit of $200 is required of all students. For newly admitted students, the deposit is credited to the student’s account when she or he enters Grinnell. For returning students, the deposit is prerequisite to room draw and preregistration. Notification of the due date for this payment is given to students and parents in March of each year. Students granted a leave are required to pay the deposit, which will be applied to their account on their return semester. The advance tuition deposit is nonrefundable.
After advance payments are credited to the student’s account, the remaining charges for tuition and fees are due approximately one month before the start of each term. If an account is not paid in full by those dates, the College regards the student’s account as delinquent. Students whose accounts are delinquent are not entitled to meals, room, registration, admission to classes, or issue of transcripts. Delinquent balances are subject to a monthly finance charge of 1.5 percent from the date the account is considered delinquent. Grinnell College reserves the right to recover all costs involved with the collection and/or litigation of delinquent accounts.
For parents who prefer to pay college expenses in monthly installments, the College offers an option administered by an outside agency. For further information, contact the Office of the Cashier.