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Deferred Fee Payment
Students with Sponsors
Students with Sponsors
If your fees will be paid by an outside agency such as the Department of Veterans Affairs, CIDA, a foreign government, or your University department (i.e., teaching assistants or demonstrators), you must have written proof of this sponsorship. Your sponsor must confirm the conditions of their sponsorship in writing on company letterhead to the University. This allows the University to initiate a contract with your sponsor and make the payment to your fee account. You need to notify the University at least one month before the beginning of the term in which the contract takes effect. For more information and the required forms, see www.mcgill.ca/student-accounts/third.
When a third party agrees to pay fees on your behalf, payment is recorded on the fee account, which reduces the balance you must pay. The University reserves the right to insist upon payment. If the third party does not pay the promised fees within 90 days of invoicing, you are responsible for paying the fees plus the late payment fee and accrued interest.
Students Receiving Â鶹AV Scholarships/Awards
Students Receiving Â鶹AV Scholarships/Awards
Fall Term: The University normally credits Â鶹AV scholarships or awards to the recipient's fee account by mid-August. These awards reduce the student's outstanding balance.
Winter Term: Upcoming Winter term scholarships or awards can be viewed by recipients on Minerva once they are processed by the Student Aid Office. These awards are future-dated and are released to the student's fee account by January 3.
External Scholarships
External Scholarships
You may also receive external scholarships from other organizations, outside agencies, parents’ employers or community groups. You should provide the Student Accounts Office with a letter from the external body indicating the details and requirements of how the scholarship funds should be distributed, including any conditions for the award. If such information is not specified, the amount of the scholarship will be split into two terms and will be credited to your account as soon as you have registered, with the second instalment credited the first working day in January. If you do not meet the requirements of the scholarship, the funds will be returned to the external body.
You may need an anticipated scholarship to reduce your balance owing for a given term. If so, email student.accounts [at] mcgill.ca, with “External Scholarships” in the subject line, at least one week before the fee deadline as stated on the e-bill, and indicate the amount, currency (Canadian or US dollars) and agency or company issuing the scholarship. A fee deferral for the expected amount will reduce the amount owed. The deferral will expire by the end of September for the Fall term or January for the Winter term. Interest will be assessed at the prevailing rate on outstanding amounts beyond the deferral deadline.
Students Receiving Government Aid
Students Receiving Government Aid
Revision, Fall 2010
The University encourages you to pay your tuition promptly when you receive your government assistance. Interest on outstanding tuition is charged monthly beginning in August for returning students and in September for new students. Students who have applied for a tuition deferral via the In-Course Financial Aid Application on Minerva, may be entitled to an exemption of interest and/or late payment charges. A verification will be made for all applicants of a tuition deferral to ensure they have applied for government assistance. Please check the Scholarships and Student Aid website for more details on applying for a tuition deferral.
Deferrals will cover only the amount of the Fall (Winter) term charges, which include tuition, fees and health and dental insurance. Charges not covered by the tuition deferral include housing charges, meal plans, printing charges or any other amounts owing that are not considered registration charges. Interest on outstanding already-billed amounts will continue to be charged on a monthly basis excluding amounts covered by the student aid tuition deferral.
Students are reminded that tuition and student housing fees have first call upon financial aid received from any source.
Revision, Fall 2010
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External Scholarships
External Scholarships
You may also receive external scholarships from other organizations, outside agencies, parents’ employers or community groups. You should provide the Student Accounts Office with a letter from the external body indicating the details and requirements of how the scholarship funds should be distributed, including any conditions for the award. If such information is not specified, the amount of the scholarship will be split into two terms and will be credited to your account as soon as you have registered, with the second instalment credited the first working day in January. If you do not meet the requirements of the scholarship, the funds will be returned to the external body.
You may need an anticipated scholarship to reduce your balance owing for a given term. If so, email student.accounts [at] mcgill.ca, with “External Scholarships” in the subject line, at least one week before the fee deadline as stated on the e-bill, and indicate the amount, currency (Canadian or US dollars) and agency or company issuing the scholarship. A fee deferral for the expected amount will reduce the amount owed. The deferral will expire by the end of September for the Fall term or January for the Winter term. Interest will be assessed at the prevailing rate on outstanding amounts beyond the deferral deadline.