[NOTICE]2016 Fall The 3rd Tuition Installment Payment(10.19~10.21)

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작성일 2016-10-11

★2016 Fall Tuition Payment Guidelines.pdf

< 2016 Fall The 3rd Tuition Installment Payment(10.19~10.21)>

*[등록공지] 2016-2학기 재학생 3차 분할납부 등록안내(Korean) ☞

[1] The 3rd Tuition Installment Payment

1. Payment Period : 2016. 10. 19(Wed) 09:00 ~ 10.21(Fri) 16:00

2. Print Tuition Invoice : SM Portal(http://portal.sookmyung.ac.kr) > Academics> Registration>

Print Tuition Invoice/Installment Plan - Print Tuition Invoice '2nd Installment Payment Invoice'

※ Payment Period & Installment Plan Payments

No.	Payment Period	Payment Amount
~~1st~~	~~2016. 8 22(Mon) 09:00 ~ 8. 31(Wed) 16:00~~	~~25% of Net Tuition Amount Owed~~ ~~+ Optional Payments~~
~~2nd~~	~~2016. 9. 21(Wed) 09:00 ~ 9. 23(Fri) 16:00~~	~~25% of Net Tuition Amount Owed~~
3rd	2016. 10. 19(Wed) 09:00 ~ 10. 21(Fri) 16:00	25% of Net Tuition Amount Owed
4th	2016. 11. 16(Wed) 09:00 ~ 11. 18(Fri) 16:00	25% of Net Tuition Amount Owed
◎ Any financial aid exemptions such as scholarships are offset from the tuition fee. (e.g.) Base tuition fee 300 minus scholarship 100 = Net Tuition Amount Owed 200 Four 25% payment installments on a tuition amount owed of 200 would be 50.

[2] Tuition Installment Plan Forewarnings

1. Installment Plan Forewarnings

1) Failure to make the initial installment payment during the payment period will result in cancellation

of the installment plan and tuition payment will automatically revert to single lump-sum payment.

2) An application for the following term’s Tuition Installment Plan will be deemed ineligible

if a student fails to make the present term’s scheduled installments on time.

3) Students who take a leave of absence from school may apply for fee reimbursement during

the semester according to refund criteria.(Refer to the [3]-2 “Refund Regulation”)

- Refunds are based on Base Tuition Fee, not Net Tuition Amount Owed.

4) Contact Bachelor Support (Academic Services) or Graduate Schools’ Academic Affairs Team

for course / registration information if you have failed to meet an installment due date.

2. Installment Plan Ineligibility

1) First semester first-year(& transfer) students and Readmission students(may not apply their first semester)

2) Korea Student Aid Foundation student loan recipients
3) Graduate School Research Students: Students working on graduation dissertations or thesis papers
4) Enrolled students surpassing their program allotted number of study terms(semesters)

5) Disabled students whose school tuition is assessed per course credit

6) Students who receive a full tuition waiver like scholarships

7) Students who failed to make the previous semester’s tuition installment payments on time

[3] Payment/Refund Attention

1. Tuition Payment Attention

1) How to Pay

① Wire transfer payment to a Shinhan virtual bank account from any bank in Korea.

(Internet/Phone/Smartphone banking, and an ATM)

② Shinhan ATM wire transfers require a school code: Undergraduate(40201), Graduate(56502)

2) Virtual bank account

① Each student receive his/her own personal deposit-only virtual bank account. Besides the account

owner, other people may make deposits to the account.

② Only exact tuition payments and other fee payment amounts can be wire transferred to the

virtual account.

☞ Overseas transfer is not available. Please contact the finance team to account@sm.ac.kr

2. Refund Regulation for leave of absence or drop out of school in 2016 Fall Semester

Date for Refund	2016-2 Schedule	Deduction/ Payment Amount	Tuition Refund
Within 2 weeks from Semester begins	~2016.9.19(Mon)	-	All
Fifteenth day to Thirtieth day from Semester begins	~2016.9.30(Fri)	1/6 of Tuition	5/6 of Tuition
Thirty-first day to Sixtieth day from Semester begins	~2016.10.31(Mon)	1/3 of Tuition	2/3 of Tuition
Sixty-first day to Ninetieth day from Semester begins	~2016.11.29(Tue)	1/2 of Tuition	1/2 of Tuition
After Ninetieth day from Semester begins	2016.11.30(Wed)~	All	None