Note: There is no interim charge for regular on-campus courses if a student maintains twelve semester hours in either the first semester or second semester. If a student maintains eleven semester hours in both the first and second semester, the regular semester hour interim tuition charge will be discounted by 25%. Otherwise, students will be charged the regular per semester hour charge for interim courses. For the 2005-2006 academic year this rate is $460 per credit hour. Course fees and off-campus travel costs are in addition to any interim charge.

Beginning with the 2005-2006 academic year, Calvin will administrate all billing statements electronically. Students are advised via email that their statements are available to them on KnightVision. Additionally, Students may give permission for others to receive copies of their statements regularly though Calvin's E-Statement Subscription service. Each time a new statement is generated, a courtesy copy is then sent via e-mail to a list of subscribers designated by the student. E-Statement copies will continue to be sent each statement period until the student removes the subscriber from the service. E-Statement subscriptions can be set up by the student in KnightVision.

The balance for total tuition, room and board charges is reduced by all financial aid credits a student receives for the semester. Any balance due from the students will be divided into three payments. The three payments will be due as per the payment due dates. Accounts not paid on time are subject to a late payment fee of 1% per payment period on the outstanding balance. Students whose accounts are not paid according to schedule will be prohibited from registering for future classes. Also, transcripts are not issued for students with past due accounts. The ability to charge miscellaneous expenses to a campus billing account will also be suspended.

Any charges or credits not directly related to the student's tuition, room or board are placed on a separate billing statement called the Statement of Miscellaneous Charges. This billing statement is posted on the student's online Kinghtvision account on a monthly basis and all charges are due in full on the first of each month.

Students are required to maintain accurate local and permanent home billing addresses. Should a student's account become delinquent, the account may be placed with an outside collection agency. All fees associated with the collection process shall be the responsibility of the student and will be added to the student's total account balance.

An enrollment deposit is required of all enrolling first-year, transfer, and readmitted students. This deposit serves as confirmation of the student's plans to attend Calvin and is applied toward the orientation fee and housing deposit (for students living on campus). The remainder is applied to the student's Statement of Miscellaneous Charges. First year students must pay this deposit by May 1. The due date for transfer students is June 1. The enrollment deposit is not refundable after the due date. Former students who have been readmitted to the college must pay their enrollment deposit by August 1.