Fees and Expenses

NOTE: Fees and expenses apply to the 2016-17 academic year only.

The full-time day tuition rate will be charged to all students who meet the following enrollment criteria:

• All day degree students enrolling in 12 or more credit hours, in any combination of day and professional studies courses.
• All day degree students enrolling in 12 or more credit hours through a combination of Merrimack College and NECCUM day division courses.
• All other students enrolling in 12 or more credit hours in a combination of day and professional studies courses.

For information on Professional Studies courses, please refer to the Professional Studies website at http://www.merrimack.edu/admissions/professional/

Part-time Day Tuition (less than 12 credit hours per semester) $1360.00 per credit

Room and Board Fees

*Students in the above meal plans must maintain a full meal plan (19+, 13+, or 9+).

** Apartment residents are eligible to select the 5+ meal plan.

Eligibility for On-Campus Housing

All students living in College sponsored housing (both on and off campus) are required to participate in one of the College meal plans listed below:

1. Option 19: three meals per day, Monday through Friday, with brunch and dinner on weekends, 50.00 in “bonus points” per semester;
2. Option 13 plus: any 13 meals per week, plus 8 “bonus meals” and $150.00 in “bonus points” per semester;
3. Option 9 plus: any 9 meals per week, plus 6 “bonus meals” and $200.00 in “bonus points” per semester.

The Option 5 meal plan is only available to on campus apartment residents and commuting students at a cost of $ 2150.00 per year. The Option 5 plan includes 5 meals per week and $150.00 in “bonus points” per semester.

Other Fees and Expenses

The above figures represent tuition, room, board and other fees for the 2017-18 academic year only. The College reserves the right to change any of the above charges at its own discretion without prior notice. Additional charges may be applicable for specific areas of study. The above figures do not include the cost of books, travel, and personal expenses.

Books and Supplies

Students will be required to purchase their own textbooks and classroom supplies. Available through the campus bookstore, they will cost an estimated $1,000 per year.

Reservation Deposits

All incoming students who have received an offer of acceptance from the Office of Admissions must validate their intention to attend Merrimack College by making this reservation deposit to Merrimack College by May 1 for the fall semester. This deposit will be credited toward payment of the fall semester’s tuition bill. In the case of withdrawal prior to May 1 for the fall semester, the deposit will be refunded. In the case of withdrawal after this date, the entire deposit is forfeited to the College. Failure to make the required payment as specified will result in cancellation of the student’s place in class. The reservation deposit for incoming students living on campus is $700.00; for commuters it is $500.00.

All returning students must pay an annual reservation deposit to validate their intention to return to Merrimack College. The amount is credited to the subsequent spring semester account of the student. It will be credited against commuter charges if the student changes from resident status and submits written notification of the status change to the Office of Resident Life and the Student Accounts Office by May 1 for the fall semester and November 30 for the spring semester. In the case of withdrawal from the College, it will be refunded if the student follows proper withdrawal procedures by May 1 for the fall semester and November 30 for the spring semester. The reservation deposit for resident students is $500.00. The reservation deposit for commuting students is $400.00.

Dormitory Damage Deposit

All resident students must pay a $100.00 damage deposit, which is charged each fall semester, and credited at the end of each spring semester. The deposit is refundable upon graduation or withdrawal, less any charges against the student.

Payment, Withdrawals and Refunds

Remittances should be made payable to Merrimack College. No student will be allowed to attend classes until all charges are paid in full. It is the student’s responsibility to monitor the account on-line to ensure that all outstanding balances are paid in full. No student will be allowed to receive a degree, certificate or official transcript of credits until financial accounts with the College have been satisfactorily settled.

Notice of withdrawal must be given in writing to the Registrar’s Office. Non- attendance does not constitute withdrawal from a course. Resident students must also notify the Director of Residence Life, in writing. Oral notice is not sufficient.

Refunds of tuition, room or board are made according to the following schedule:

Prior to the end of the first week - Full refund
Prior to the end of the second week -50% refund
Prior to the end of the third week - 25% refund
After the third week - no refund

For the refund policy for winter intersession and summer courses, please refer to the Graduate and Professional Studies web page.

Merrimack College complies with the refund policies as outlined in the Higher Education Amendments of 1998. The refund calculation for the return of Title IV funds with completion of less than or equal to sixty percent of the semester will be the lesser of:

Total Title IV Aid X % of Uncompleted Semester = Unearned Aid
Or
Total Institutional Costs X % of Uncompleted Semester = Unearned Costs

The College will refund the credit of the lesser of Unearned Aid or Unearned Costs to the Title IV programs in the following order:

Federal Stafford Unsubsidized Loan
Federal Stafford Subsidized Loan
Federal Perkins Loan
Federal PLUS Loan
Federal Pell Grant
Federal SEOG

If more than sixty percent of the semester is completed, no Title IV funds will be returned