Deposits

•        When are advance deposits billed, due and fully refundable?

Advance deposits are billed February 15th, currently in the form of a letter. They are due March 15th, and are fully refundable to those who notify the College of their intent to leave by June 15th.  Students who are ineligible to continue are always refunded the deposit. Payment of the deposit reserves a student’s spot for the following fall, and allows the student to participate in online registration and residence hall lottery if so desired.

•        What are the different advance deposit amounts?

The expected advance deposit amount is $400. Returning students with financial aid can apply at the Office of Student Financial Services for permission to pay a reduced fee of $40. If approved, the Office of Student Financial Services will post the permission as a comment on the student account. Entering students are also expected to pay $400 unless they are covered by IC tuition remission (pay $100), are HEOP/IOG (pay $25), or are Park Scholars (fee waived). On occasion, Admission staff might ask that a person’s deposit be waived.

•        Do you need an advance deposit before you advance register for courses or participate in room lottery?

Yes, either by a payment or by a waiver.

•        Who does NOT pay an advance deposit?

Presently the following students do not pay a deposit:

IC tuition remission recipients (both staff & dependents/spouses), HEOP and IOG students, and Park Scholars.

•        What is the difference between the following deposits: advance, confirmation, and international?

An advance deposit is a deposit required of a newly accepted student when accepted and each February for any student who plans to return for the following fall. Returning students’ deposits are due March 15th. Upon payment of the deposit they can participate in online registration and room lottery for the fall. A confirmation deposit is paid by all students planning on attending the London Center, and is used to reserve their place in the program. If a student does not attend the London Center, the deposit is forfeited, even if the student does attend the Ithaca campus. International deposits are deposits required for any of the special abroad experiences, usually in the summer, offered through the Office of International Programs. 

•        What is a London confirmation fee and how much is it?

The London Confirmation Fee is presently $500, and reserves a spot for a student at the London Center. It is not the same as an advance deposit. If the student does not attend the London Center, the fee is forfeited to the Office of International Programs unless they make an exception to the rule. This is true even if the student still attends the Ithaca campus. Students going to London in the fall end up paying 2 deposits—the $400 advance deposit required of all students returning for the following year + the confirmation fee. Students going there in the spring pay only the $500 fee.