The plan requires students to bring documentation to the Business Office stating that the student's company will pay for specific courses. When grades are processed, the student will be given five weeks to submit payment in full. There is no interest calculated on deferred tuition that is paid by the due date. Students who are not eligible for tuition reimbursement are encouraged to contact the Financial Services Office to discover the many alternatives available for financing your education. Upon enrollment, the student agrees to all terms and conditions of Franklin University's policies of tuition payment.
Tuition is to be paid in full by the first day of the trimester in which the student has enrolled.
Failure to pay the balance due within 30 days of the start of the trimester will allow Franklin University to charge interest at a rate of 1.5 percent per month, or 18 percent per annum. U.S. citizens and eligible non-citizens may qualify for financial aid. Many students believe they will not be eligible for financial aid because they earn too much money, own a home, or just because people have told them they won't qualify. This misconception prevents students from receiving any financial aid simply because they did not apply. Specific loans, grants and scholarships are available regardless of financial need.