Billing Policies and Procedures
Late Fees
If you do not pay your balance in full by the due date listed on your eBill, a late fee of 1% of the outstanding balance will be assessed to your account. The late fee will appear as a charge on your next month's eBill. Late fees will continue to accrue on your account every month that you continue to have an outstanding balance due.
Late fees charged to your account become part of your overall balance due to the University and you are responsible for paying them.
If you have questions regarding late fee(s) that have been assessed to your account, please contact Drexel Central via Ask Drexel.
Financial Holds
A financial hold is placed on your student account if you fail to pay your account balance listed on your eBill by the billing due date. A financial hold prevents you from performing any of the following actions:
A financial hold will only be removed once you have covered your outstanding balance in full. If you make a payment online by eCheck or credit card, your financial hold will be lifted within 24 hours; a financial hold can also be lifted immediately if you make a full payment in-person at the Cashier's window in the Drexel Central University City Campus office.
View the registration holds and restrictions that can be placed on a student's account.
Housing Deposit
For students who reside in Drexel housing, housing deposits will be held until June. At the end of June, deposits will be applied to the student's account. If a student is assessed any housing damage charges, those charges will be deducted from the deposit before it is applied to the student's account.
Student Financial Obligation and Tuition Repayment Agreement
The Student Financial Obligation and Tuition Repayment Agreement (SFO) is designed to make students aware of their rights and responsibilities related to the bill they receive from Drexel University. Registering for classes and/or co-op generates a bill that is solely the student's responsibility to pay; to ensure that all students are aware of this responsibility, Drexel University requires all students to read the SFO and either agree or disagree to register for the upcoming term.
Reading and completing the SFO is done via DrexelOne once registration time tickets have opened for the following term. A student will be prompted to complete the SFO before they are allowed to register. If a student opts to disagree with the SFO, a hold will be placed on their account, preventing them from registering. Students are allowed to subsequently agree to the SFO and register for classes and/or co-op if they decide to after their initial response.
Please note that the Student Financial Obligation is not the same as the required Enrollment Confirmation but is another pivotal process for each term of your enrollment at Drexel University. Please refer to the for information related to that process.
Below is an Agreement outlining your legal obligations to pay all charges and costs related to your education at Drexel University.You will encounter this Agreement before every term you are eligible to register for courses and/or co-op.
Please read the Agreement and follow the directions carefully. You will need to acknowledge each item marked below as well as at the end of the Agreement, you will have to choose ONE of two options:
- Accept the terms of the Agreement, which will allow you to register for and participate in courses and/or co-op for that term.
- Decline the terms of the Agreement, in which case, you WILL NOT be able to register for or participate in courses and/or co-op for that term.
Again, please note: Declining the Agreement WILL IMPACT YOUR ABILITY TO REGISTER FOR COURSES AND/OR CO-OP, BY PLACING A HOLD ON YOUR REGISTRATION PRIVILEGES.
If you have any questions or require additional assistance, please contact Drexel Central at 215.895.1600, or toll free at 1.877.DREXEL.5 (1.877.373.9355).
Thank you for your attention to this important matter.
I understand that once I am registered for course(s) and/or participating in the Cooperative Education Program at Drexel University, I become solely responsible for payment of the resulting tuition, fees and any other balances pursuant to the Student Financial Obligation and Tuition Repayment Agreement. Regardless of any expected reliance on any third-party resource, including but not limited to financial aid, family gifts, employer reimbursement, or any other external resource, I remain personally responsible for paying any and all outstanding balances. This Agreement shall constitute a Promissory Note, obligating me to pay all outstanding balances due Drexel University. I understand that these balances are considered a Loan for Educational Purposes which is being made by Drexel University.
Further, I understand that per University Policy, payments made by me, or a third party on my behalf, may be applied to oldest Prior Term balances first, as appropriate.
Withdrawal Policy
I understand that if I am not planning to attend, it is my responsibility to drop my course(s), as Drexel University will not automatically cancel my registration. I understand that in accordance with Drexel University's Tuition Refund/Credit Schedule Policy, my effective date of withdrawal (whether it is from an individual course, multiple courses, or from Drexel University completely) will determine the amount of credit that I may be eligible to receive, if any, thereby reducing the total amount of fees owed to Drexel University. The Tuition Refund/Credit Policy and/or Add/Drop/Withdraw/Leave of Absence policy may be found at the Drexel Central website: http://www.drexel.edu/drexelcentral.
Failure To Pay
I understand that should I fail to pay any outstanding balances in full when due, and my account becomes delinquent, a late fee of one percent (1%) of my total outstanding balance will be assessed on a monthly basis, and added to my total outstanding balance.
I further understand that when my account becomes delinquent, Drexel University, in addition to placing a financial hold on my account, and assessing late fees, may restrict my right to register or receive other Drexel University services in accordance with Drexel University Policies, until all past due balances have been paid. These restrictions include, but are not limited to: (1) withholding future registration privileges or schedule adjustments; (2) withholding the awarding of any degree(s), diploma(s) or certificate(s); and/or (3) withholding official transcripts.
Collection for Nonpayment
I understand that should my student account become delinquent, Drexel University reserves the right to assign my delinquent account(s) to a contracted collection agency, attorney and/or credit bureau. I understand that I will be held responsible for all fees and/or costs, associated with the recovery of my delinquent account(s), including but not limited to: collection fees, attorney fees, court costs and service fees, in addition to my outstanding balance. Collection fees and/or attorney fees will be assessed at a maximum rate of thirty-three and one third percent (331/3) of my balance due.
Please acknowledge reading the above: ACKNOWLEDGEMENT BUTTON
Collection Activity Involving Cell Phone Numbers and E-mail Addresses
I authorize Drexel University and its agents, representatives, attorneys and contractors (including collection agencies) to contact me at my cellular telephone number or wireless communication service, now or in the future, using automated dialing systems, artificial or pre-recorded voice or text messages, or live representative calls, regarding my obligation to repay any debt I owe to Drexel University, which is/or may become past due, resulting from my registration. I authorize Drexel University and its agents to contact me at my e-mail address and/or at any other e-mail address listed to me in the future, regarding my obligation to repay any debt I owe to
the University, which is/or may become past due, resulting from my registration. I understand that it is my responsibility to assure the security of any e-mail address utilized for this purpose, and to protect my password information, as others may be able to review my messages and/or e-mails related to my debts sent to or from Drexel University, including their contents, which may include information about my debt and its status.
Please acknowledge reading the above: ACKNOWLEDGEMENT BUTTON
Acknowledgement
I hereby acknowledge the following:
- That I have read and understand this Agreement.
- That I am eighteen (18) years or older as of today's date.
- That I must log into my Drexel One account to access my billing statements, and that paper bills are not generated and/or forwarded to me.
- That I may have been registered for course(s) or Cooperative Education assignment by my Academic Advisor or other University official, and that I am aware of this registration, and accept responsibility for this registration.
- That I am physically in Philadelphia, PA when signing this Agreement. (If not physically in Philadelphia, PA when signing this Agreement, please indicate the Zip Code of your current location.)_____
Please acknowledge entered zip code:____
- That by clicking the "Accept" button below, and thereby electronically signing this Agreement, I am consenting to be bound by this Agreement, as of today's date, which shall serve as a Promissory Note, thereby obligating me to pay all outstanding balances due Drexel University, and shall supersede any previous version of this Agreement.
Please acknowledge reading the above: ACKNOWLEDGEMENT BUTTON
Accept: I accept the terms of this Agreement.
Decline: I do not accept the terms of this Agreement and understand that I am not permitted to register.
Completing the SFO:
- Log in to your DrexelOne account.
- Select the Academics tab.
- Select the "Review Your Registration Information" link in the Registration channel.
- You will immediately be brought to the SFO agreement.
- To Agree with the Terms of the SFO: Click the "Acknowledge" buttons after the Collections for Nonpayment, Collection Activity Involving Cell Phone Numbers, and email addresses and, after the Acknowledgement list as well as input your Name and unique ID into the spaces provided.
- To Disagree with the Terms of the SFO: Click the "Acknowledge" buttons after the Collections for Nonpayment, Collection Activity Involving Cell Phone Numbers and email addresses and, after the Acknowledgement list, click the "Disagree" button.
If you indicated that you disagree, a hold will be placed on your account. This hold will prevent any kind of registration for the selected upcoming term. You are allowed to change your answer from "Disagree" to "Agree" at a later date. (Please note that you are NOT allowed to change your answer after you have agreed to the SFO.)
To Update Your Answer on the SFO:
- Log in to your DrexelOne account.
- Select the Academics tab.
- Select the "More BannerWeb Student Services" link at the bottom of the Grades, Transcripts, and Records channel.
- Select the "Review Student Financial Obligation Agreements" link at the bottom.
- Click on "Declined" in the Status Column of the SFO Term you wish to update.
- You will be brought back to the SFO:
- To Agree with the Terms of the SFO: Click the "Acknowledge" buttons after the "Collections for Nonpayment", "Collection Activity Involving Cell Phone Numbers and E-mail Addresses" and after the "Acknowledgement" list as well as input your Name and unique ID into the spaces provided.
Tuition Insurance
Drexel has partnered with GradGaurd® to offer tuition insurance.
This optional benefit can protect your investment in higher education in the event of an unforeseen, covered illness, injury, or other covered reason resulting in a withdrawal from school.
Covered Reasons for Withdrawal Can Include:
- Covered serious injury or illness such as mononucleosis, COVID-19, or a severe head injury.
- Chronic illnesses such as an auto-immune disorder or diabetes.
- Mental health conditions such as stress, depression, or severe anxiety.
The Tuition Insurance Plan complements our refund policy and can provide reimbursement for eligible tuition payments, room and board, and other nonrefundable expenses if you withdraw for a covered illness or injury at any time during the plan period.
Tuition insurance must be purchased before the first day of classes and is offered as a voluntary benefit to our families, your participation is not required but highly recommended. The school is not compensated for this program.
Learn more by calling GradGuard at 877.794.6603 or visiting GradGuard.
Terms, conditions, and exclusions (including for pre-existing conditions) apply. Plans only available to U.S. residents and may not be available in all jurisdictions. Recommended and provided by GradGuard, a service of Next Generation Insurance Group, LLC (NGI), the licensed agent for all insurance programs. Insurance plans include insurance benefits and assistance services. Pricing may vary by state. Insurance benefits are underwritten by Jefferson Insurance Company (NY, Administrative Office 9950 Mayland Drive, Richmond, VA 23233) rated “A+” (Superior) by A.M. Best Co. A+ (Superior) is the 2nd highest of A.M. Best's 13 Financial Strength Ratings. Non-insurance benefits/services are provided by AGA Service Company. Claims are administered by Allianz Global Assistance (AGA). AGA and Allianz Tuition Insurance are marks of AGA Service Company or its affiliates. AGA Service Company is an affiliate of Jefferson Insurance Company. Plans include insurance benefits and assistance services. Except as expressly provided for under the plan, consumer is responsible for charges incurred from outside vendors. Contact AGA Service Company at 888.427.5045 or 9950 Mayland Dr., Richmond, VA 23233 or tuition@allianzassistance.com.
Tuition and Fee Explanation
Cost |
Explanation |
Tuition |
Tuition is the cost associated with enrolling and participating in classes at Drexel University. |
General University Fee |
The General Fee is assessed to all students and support services such as Student Centers, library, and informational technology. The fee entitles you to participate in student government. This fee does not cover any breakage deposits or charges. |
Laboratory Fee |
The Laboratory Fee is assessed to all students to offset expenses associated with maintaining and purchasing equipment for student labs that are located on campus. |
Student Activity Fee |
The Student Activity Fee is assessed to all students and funds student activities. The distribution of the funds is managed through the Student Activity Fee Allocation Committee and the Undergraduate Student Government Association. |
Standardized Patient Fee |
The Standardized Patient Fee is assessed to students in certain majors in the College of Nursing and Health Professions. |
Equipment Fee |
The Equipment Fee is assessed to students in certain majors in the College of Nursing and Health Professions. |
Tuition and Fee Guidelines
2023–2024 Academic Year
All students will be billed when registration occurs. Any student adjusting their schedule after billing has occurred will receive an adjusted bill in the next billing period.
All undergraduate, part-time, Evening College, and graduate students will be billed based on the student's level (undergraduate or graduate) and by the college offering the course.
Coverage Exclusions
Credits hours in excess of twenty hours per scheduled class quarter are billed at the credit hour rate. Credit hours in excess of four hours per scheduled co-op quarter are billed at the credit hour rate. Credit hours taken during vacation or non-scheduled quarters will be billed at the credit hour rate for all hours less than twelve and at the full-time rate for credit hours between twelve and twenty; credit hours in excess of twenty hours are billed at the credit hour rate. Study abroad terms and courses are not included in the standard quarterly tuition and fees. Some courses and/or programs of study may have charges in addition to the standard tuition and fees.