Deferred Payment Plan Application And Agreement Form - University Of The Bahamas Page 2

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TERMS OF AGREEMENT:
$50.00 per semester
PROCESSING FEE:
rd
INITIAL PAYMENT: 1/3
of the bill (inclusive of tuition, lab fees & other incidental fees) payable upon
receipt of application form.
rd
For returning students: the 2/3
deferred balance is due in two equal subsequent
SUBSEQUENT
monthly instalments beginning from time of initial payment.
PAYMENT:
rd
For new students: the 2/3
deferred balance is due in two equal subsequent monthly
instalments not later than September 30 and October 31 (Fall Semester) or January 31
and February 28 (Spring Semester).
PENALTIES:
A $50.00 penalty fee will be charged on each outstanding instalment and/or incomplete
instalment.
DEFERRED PAYMENT CALCULATION
(FOR OFFICIAL USE ONLY)
Tuition & Fees
$
LESS: Scholarship/Award
$(
)
Net Balance
$
Processing Fee:
Initial Payment:
rd
1/3
Tuition & Fees
$
$
$50.00
$
$
Deferred Tuition
$
$
$
Due Date 2
Instalment 2
Due Date 3
Instalment 3
TOTAL
mm/dd/yy
mm/dd/yy
1. I understand that University of The Bahamas will withhold all academic privileges (including registration
materials, grades, transcripts and all information regarding my records) if I am in arrears in the payment of
tuition and all other charges for the respective semester.
2. I understand that withdrawal from courses or from UB will not alter my obligation to pay any portion of the
deferred amount outstanding at the time of withdrawal.
3. I agree to pay any adjustments on my plan if any courses are added after the initial payment is made.
I have read and fully understand the information and terms stated and attest to the truth of all statements made
4.
and agree to fulfill the terms of the payment plan as described herein.
Student Name:
Signature:
Date:
(
)
Print
Parent/Guardian/Sponsor Signature:
Date:
(If Parent/Guardian/Sponsor is responsible for payment)
FOR OFFICIAL USE ONLY
I
hereby confirm the above student has met the application requirements.
SIGNATURE
DATE:
University of The Bahamas Deferred Payment Plan Application and Agreement Form
Page 2 of 2

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