Expenses

Expenses

Expense Amount
Tuition $54,050
Leave of Absence Fee $30
Room and Board $15,560
Graduation Fee $150
Health Service Fee $360
Student Activities Fee $360
Application Fee $60
Continuation Fee $500
Health Insurance Optional Charge

Acceptance Deposits

Candidates are usually notified of acceptance from January to April and are obliged to forward a non-refundable reservation deposit of $500 by May 1. The amount deposited is credited toward the first semester bill.

Books and Personal Expenses

A fair estimate of the average personal and incidental expenses for the school year is $900. Books and supplies average about $1,000 for the year.

Payment of Tuition Bills

Semester bills will be issued in July and December and are due and payable by the date indicated on each statement. Payment can be made on the TouchNet Bill+Payment account from a checking or savings account or by credit card (with a 2.85% convenience fee), or payment can be made by check or money order, payable to the College of the Holy Cross, and sent to:

College of the Holy Cross
Office of the Bursar
1 College Street
Worcester, MA  01610

In accordance with regulations from the Commonwealth of Massachusetts, the College offers an optional group medical plan to all enrolled students.  The charge for this insurance is automatically posted on the student’s tuition bill.  International students may not waive the College’s health insurance charge.  U.S. citizens living abroad may not waive the College’s health insurance charge if their health coverage is with an insurance carrier based outside the United States or with a Foreign National Health Service program.  The insurance may be waived upon completion of the online Health Insurance Waiver found at http://holycross.edu/bursars-office/health-vision-and-dental-insurance. The deadline for submission of the waiver is August 15.  A new waiver must be completed each year. Upon receipt of the waiver, a credit equal to the insurance charge will be posted to the student's tuition bill.

The College offers a monthly installment payment plan through TouchNet Bill+Payment.  Information regarding this plan is sent to current as well as prospective students and is available through the Bursar’s Office.

To avoid problems with student registration and a late payment fee, the semester bill is due and payable as specified on the tuition statement. Whenever necessary, the College will cooperate with parents in arranging for any loan plan.  However, in those cases when a balance remains on a student’s account and mutually agreed upon arrangements have not been made, the following late fee structure will be implemented:

Balances up to $1,999.99 = $50.00 late fee

Balances of $2,000 - $2,999 =$100.00 late fee

Balances of $3,000 - $3,999 = $150.00 late fee

Balances of $4,000 - $4,999 = $200.00 late fee

Balances of $5,000 and higher = $250.00 late fee

The policy of the College of the Holy Cross allows for the withholding of transcripts and certifications of academic records from any person whose financial obligations to the College are due and/or unpaid. Delinquent accounts are referred to credit bureaus and a collection agency. If any overdue obligation is referred to an outside agency or to an attorney for collection efforts and/or legal suit, the debt is increased to cover all costs of collection, including interest, penalties, collection agency fees, courts costs, and attorney fees.

Refunds in Connection with Withdrawal and Leaves

If a student withdraws during the semester, charges will be prorated if the student has been enrolled for less than or equal to 60 percent of the term.  The refund formula measures the actual number of days enrolled during the semester (and with respect to room and board, the number of days that room and board is offered for the semester which is a shorter period). For example, the percentage elapsed in a semester is determined by dividing the number of days enrolled by the number of days in the semester including weekends and holidays and excluding Thanksgiving break or Spring break, if applicable.  The percentage elapsed in the housing period is determined by dividing the number of days in residence (including having property in the residence hall) by the number of days in the housing period.

If a student is a recipient of Federal Title IV financial aid, refunds to those programs are required by federal law to be the first priority and must be returned in the following order:  Unsubsidized Stafford Loan, Subsidized Stafford Loan, Federal Perkins Loan, Federal Plus Loan, Federal Pell Grant, and Federal SEOG.  A student is not eligible for a refund until all Federal Title IV programs and other scholarships are reimbursed as required and all outstanding balances with the College have been cleared.

If a student withdraws or takes a leave after the 60% point in the semester, there will be no refund of tuition and fees.  Room and board fees will be refunded after the 60 percent point only if the withdrawal or the leave of absence occurs due to medical hardship or closure of all College residential housing.  Under these circumstances, refunds of room and board will be calculated on a daily basis based upon the number of days that room and board are offered for the semester.  A student who is required to withdraw for disciplinary reasons or whose residential housing is limited, suspended or terminated due to disciplinary reasons is not entitled to a refund of tuition, room, or fees.

There will be no refund of tuition or fees in the event that the College determines that all courses must move to a virtual format, all residential housing must close, or as a result of any other changes to programs or activities.

Room and Board Refunds with Continued Enrollment

The College will provide refunds of room and board under the following circumstances in which a student remains enrolled and has not withdrawn or taken a leave of absence.

  • The College will provide a full refund of room and board to any student who entered into an Agreement regarding Occupancy of Student Residence Housing and College Board - 2020-2021 Acdemic Year who notifies the College in writing (by contacting the Assistant Dean of Students/Director of Residential Life and Housing at ecoolbau@holycross.edu) on or before Sunday, August 30, 2020 that such student will not reside in College housing at any time during the 2020-2021 academic year.
  • From Monday, August 31, 2020 until Sunday, Speptember 20, 2020, a student may elect to decide that he, she or they will no longer reside in College residential housing during the 2020-2021 academic year by sending a written notice to the Assistant Dean of Students/Director of Residential Life and Housing at ecoolbau@holycross.edu.  In such a case, the student will receive a prorated refund of room charges and the unused portions of meal plans based upon the number of days that room and board are offered for the semester as described above.  The refund is not available to students who have pending disciplinary matters or whose residential housing is limited, suspended or terminated because of disciplinary reasons.
  • A student who participates in a College-sponsored semester away or study abroad program during the Spring semester will be charged room and board based on standard fees for the particular study abroad program.
  • Students who are required by the College to vacate their College-provided housing before the end of the housing license period due to a closure of all residential housing will receive a prorated refund of room charges and the unused portions of meal plans based upon the number of days that room and board are offered for the semester.  However, students who are approved to remain on campus despite the closure of residential housing because of an inability to depart will be responsible for room and board fees for the duration of their stay.

Fees and Items Not Subject to Refund

The following items are not subject to the refund policy: Visual arts fees, medical insurance, computer installment payment plans, late fees, leave of absence fees, dormitory fines, parking fines, library fines, and any other miscellaneous fines or charges.

All refunds are calculated and issued from the Office of the Bursar.  Federal regulations require that the final tuition statement of all withdrawing students be finalized no later than 30 days after the withdrawal date.  Further information concerning the details of this refund policy may be obtained by contacting the Office of the Bursar.

Direct Deposit is the default refund method.  Students are encouraged to provide their banking Information on their TouchNet Bill+Payment account to facilitate any refunds via direct deposit. 

All refunds provided pursuant to this policy are subject to assessment of an administrative fee.

Credit Balances

If a student’s tuition account is at a credit balance after receipt of all financial aid and payment plan payments, the Bursar Office would be able to return excess funds upon receipt of a written request from the student.  A credit balance that is a result of a parent payment or a parent loan will be refunded to the parent, or to the student with written permission from the parent.  A credit balance that is a result of a scholarship or grant or a student loan will be refunded to the student.  Refunds from the 529 disbursements are issued to the student.

Policy Change

The charges made by the College are subject to change at any time by the formal action of the College administration.