FULL Payment for the Fall term is due August 31, 2020. Full payment for the Winter term is due December 28, 2020.
If full payment for the term cannot be made by the due dates noted above, a monthly installment payment plan is available and finance charges will apply.If the minimum payment has not been made by the end of the first week of classes, notice will be sent to the Registrar’s office for deregistration.
Due to Ministry regulations, students in the Consecutive Teacher Education Program or in year five or six of the Concurrent Teacher Education Program must pay monthly.
Payment Plan Options
Redeemer offers a monthly payment plan for those students who cannot pay the full semester’s tuition by the deadline. Students may make minimum monthly payments, but there will be a finance charge applied to any outstanding balance on account at the beginning of each month.
If one quarter of the term’s balance is not paid by the August and January deadlines, a $50 late fee will be assessed. If you are receiving government loans (i.e. OSAP) and it is showing on your statement as pending it will count toward your first payment. Please apply early and elect to send your funding directly to Redeemer in order for this to happen.
For October through December and February through April, payment is due on the first of the month and finance charges of 1% per month (12.68% per annum) will apply on the total outstanding balance at that date. If you can pay your balance in full by the end of the first month no finance charges will be incurred.
The monthly finance charge for October through December and February through April will not apply for Consecutive Education students or year five and six Concurrent Education students as long as the minimum monthly amount has been remitted.
If the first payment for the term is not received by the university by the end of the first week of class, the student will be considered for deregistration. The student will be contacted by email and if no resolution is made, notice will be sent to the Registrar’s Office to deregister the student from classes immediately.