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. In addition, an advance tuition deposit is required before a leave is granted. 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 or arrangements satisfactory to the Collection Manager have not been made, 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.

For parents who prefer to pay college expenses in monthly installments, the College offers options administered by outside agencies. For further information, contact the Cashier's Office.

For the parents of students who receive no financial aid from Grinnell, the College offers the College Tuition Stabilization Plan. Under this plan, the tuition for four years is prepaid at the current rate ($27,060 x 4 for 2005-06), thereby avoiding any increases in tuition for the four years. More information about the College Tuition Stabilization Plan may be obtained by contacting the Cashier's Office.