Payment Policy

Tuition and other charges have payment due dates based upon when students first register for the semester. Outstanding balances and/or additional charges incurred after the start of the semester are immediately due. For students who register late, semester bills are due on the date of registration. Students are responsible for checking their myStevens Web Self Services account on a regular basis. It is possible for charges to occur between billing cycles.

Student accounts must be paid in full in order to register for any classes or residence halls. Grade reports, diplomas transcripts and degree verifications will be withheld if any balance remains on a student’s account. Please be advised that the Late Payment Fee is $550. Students must view the notifications on their ebilling statements regarding impending Late Payment Fee assessment on outstanding balances and other important information regarding their account.
Cash and check payments are accepted in the Student Service Center. Students can make ACH and credit card payments through Web for Students. Stevens accepts Visa, Mastercard, American Express and Discover. A  non-refundable service fee of 2.75% (minimum of $3.00) will be added to your payment.

 

Refunds for Credit Balances

The Office of Student Financial Services shall issue refunds to all students for payment amounts received in excess of the amounts due to Stevens Institute of Technology. Excess payments made by third parties or outside organizations shall be refunded in accordance with the direction of that organization. This policy applies to all Stevens Institute of Technology students and their accounts with Stevens Institute of Technology. The Office of Student Financial Services shall make every effort to issue timely refunds of overpayments of students' accounts including loan proceeds in excess of amounts due to Stevens Institute of Technology. Refunds shall be issued no later than the time period required by law and regulations. Refunds of payment by credit card shall only be issued by credit on the same credit card used for the original payment. No cash refunds will be provided. Students are expected to notify Stevens Institute of Technology of any changes to their address by updating their electronic record to ensure the timely receipt of a refund check. Refunds shall not be issued to anyone other than the student, parent or their corporate sponsor (if applicable). Returned refund checks shall be subject to the State of New Jersey unclaimed property law and turned over to the State of New Jersey as required.