Grace College is here to help students manage their Student Accounts and provide information about tuition payments.
please call us at 574-372-5100 x 6081.
Find out how to access your account, textbooks and deposit.
Tuition expenses, payment dates and payment plans.
Tuition refund policy and withdrawal refund schedule.
Fall semester bills will be emailed to students in mid-July. Payment is due by the first week of August. Spring semester statements will be mailed in mid-December. Payment is due by the first week of January. Students will have a personal log-in to access their student account. After the first week (the drop/add period), the online account will reflect the current status. It is the student’s responsibility to keep current on the status of their account and forward the information to parents as needed.
Students enrolled in online courses will need to make their own arrangements to rent books from Tree of Life or to purchase books from the textbook retailer of their choice.
A tuition deposit ($50.00) is required to hold a student’s spot in the class. The tuition deposit automatically goes towards the student’s bill.
Grace offers two payment plans. One of the following plans must be chosen and implemented by August 2. Payment by the deadline is our indication of your planned attendance and secures your registration. In cases where arrangements have not been made, Grace assumes the student is not coming and removes them from classes.
Pay in Full: Pay all semester charges in full on or before the semester (by August 2 for the Fall Semester and by January 6 for the Spring Semester).
Payment Plan: Tuition Management Services (TMS) is a private organization established to offer a low-cost monthly payment system for paying education expenses. There is a non-refundable, $55 membership fee per semester, but there are no other interest or finance charges. TMS is not a loan program, but if you need a monthly payment plan, then TMS is the way to go. You establish a contract with TMS based on the amount you need to pay Grace for the academic year. TMS will divide the amount of your contract into equal monthly payments. Payment is due to TMS the first day of each month and then forwarded on to us at the end of each month. Only payments received monthly by TMS are forwarded on to us. We do not receive the money in advance of your payment. Contact TMS at 1-800-356-8329 or visit their website at www.afford.com/gracecollegets.
Any student account with a past-due balance will be subject to a monthly service charge of 1.5 percent (18 percent annually) on the past due amount. VISA, MasterCard and Discover are accepted. Students who carry a balance greater than $500.00 will not be permitted to register for the spring semester. Students who carry a balance greater than $200.00 will not be permitted to register for the fall or summer semesters.
If your financial aid creates a credit on your account, you may request the credit from the Business Office at email@example.com.
Tuition refunds for students withdrawing from the school will be based on the official date of action that is recorded by the Registrar’s Office. It is the student’s responsibility to submit the required paperwork in order to receive an accurate refund based on the schedule below.
Schedule (16-week term)
1* 100 percent
2 75 percent
3 50 percent
4 25 percent
5 0 percent
*Registration week is considered the first full week of school. The week a complete withdrawal is made is considered a full week. Individuals who withdraw within the first week will receive a full refund.
The student is personally responsible for payment of the student account. If the balance is not paid as agreed, withdrawal from Grace College Indianapolis may result, and Grace College will retain a security interest in all transcripts, diplomas, letters of recommendation or grade reports. These will not be released until the debt is fully paid. If it becomes necessary to enforce payment, the account may be turned over to a collection agency, and the student will be held responsible for all collection costs.