Other terms are the same as for the Advance Payment Discount. The AmCham discount may not be combined with the deferred tuition plan. Under the plan, students are required to make an initial payment for each course at registration and pay the balance in monthly installments until they have fully paid for their courses. Combined with the bonus point system, the deferred tuition plan makes it more affordable for students to enter the AIBEc MBA program without first passing the annual entrance exam, and then make the transition to the reduced tuition after taking the entrance exam during the spring of their first year of study. The balance of the tuition for each course must be paid in monthly installments.
Payments are due on the fifteenth day of each month in which a payment is due.
Students must submit payment documents to the AIBEc office on or before the payment date or the first working day after the payment date. A five day grace period applies. In the case of students who take just one course during the fall or spring semesters and have no outstanding balance of payments from previous semesters, payments will be due on October 15 and November 15, or on March 15 and April 15. The AIBEc office will provide each student with a detailed payment plan fitting his or her particular circumstances. In the event that the payments for a given course extend beyond the end of the semester in which the course is taken, no grades, official transcripts, diplomas, or other official documents will be provided until the payment cycle for the courses in question is complete.