Students are encouraged to pay all tuition and fees or make arrangements for a payment plan in the Business Office at the time of registration. Any unpaid balance on the payment deadline (Friday before the start of the semester) must either be paid in full at that time or be set up on a payment plan. Payments can be made at the Cashier’s Office, at any CWC Outreach Center, or be made online with a credit card or electronic check by logging into MyCentral/RustlerCentral.
Students who have not paid all tuition and fees or have not filed a payment plan by the payment deadline are subject to removal from all classes. Students who have received notification of funding such as grants, loans, or scholarships are exempt from payment deadline requirements on the covered amounts but must have filed a payment plan in the Business Office for any remaining balances by the above deadlines. CWC reserves the right to withhold normal services to students until all financial obligations to the college are fulfilled.
Central Wyoming College offers two types of payment plans:
Four Payment Plan (full-time students only): one-fourth of the balance plus a $20 fee to be paid at set-up. The three additional payments will be due on the 10th of the next three months.
Two payment plan: half of the balance plus a $5 fee to be paid at set-up. The remaining balance is due in thirty days.
Late payments are assessed at the rate of $20 per month. There are no income or credit restrictions, nor is there any interest or carrying charges. Any student that is delinquent on paying will not be eligible for another payment plan the next attending semester and will be required to pay in full prior to the start of that semester.
Full tuition and fees for all classes lasting a minimum of 14 calendar days will be refunded for the first 12 percent of the class, with no refund thereafter. There will be no refund of tuition or fees for classes lasting less than 14 calendar days once the class begins. No refunds will be processed for students who do not officially withdraw. Refunds will be processed in a reasonable time period through BankMobile, our third-party refund management service. Account credits for current students are refunded electronically directly to an existing bank account or deposited into a BankMobile Vibe account based on student selection.
Stop by the business office, call or email Kathy Oerter to discuss setting up a payment plan for you! email@example.com or 307-855-2156
Biden Administration Officially Launches Application for New Income Driven Repayment Plan By Maria Carrasco, NASFAA Staff Reporter
The Biden administration on Tuesday officially launched the application for the Saving on A Valuable Education (SAVE) repayment plan, a new income-driven repayment (IDR) plan that the administration said will “make college more affordable and support students and borrowers.”
Earlier in July, the administration launched the beta SAVE application, where borrowers were able to test the website and apply for the repayment plan. Borrowers who applied during the beta launch will not be required to resubmit an application and, according to the administration, should have received an email confirmation if they successfully applied.
The Department of Education (ED) announced its final rule on the SAVE plan in July, which rebranded the existing REPAYE plan to SAVE. While the SAVE plan fully goes into effect on July 1, 2024, parts of it are being implemented early, including increasing the income exemption from 150% to 225% of the federal poverty line and preventing monthly interest not covered under the plan from being charged, among other things. Education Secretary Miguel Cardona said in a statement on Tuesday that the SAVE plan is “the most affordable repayment plan in history.”
As millions of borrowers head to repayment, with interest beginning to accrue in September and payments due in October, ED said most borrowers who apply for the SAVE plan in the coming days can expect to have their new monthly payment amount for their first payment in October. Borrowers can check the status of their application by visiting their account dashboard on StudentAid.gov.
According to ED, borrowers who are already enrolled in the REPAYE plan will automatically have their monthly payments adjusted to the new SAVE plan before payments restart.
Congressional Review Act (CRA) resolutions that would seek to repeal the SAVE plan when Congress returns in September.
Publication Date: 8/23/2023
Link to get to apply for SAVE plan https://studentaid.gov/announcements-events/save-plan.