Managing Your Money
Tuition: You will receive a statement in August for one-half of your tuition and one in January for the remaining half. If you do not receive a statement, the payment is still due. Payment is due the first day of class to University Billing Services located on the Lexington campus. Make the check out to the University of Kentucky and include the return portion of your billing statement. A mailing address is listed on the statement and an after-hours drop box is available for your convenience. The University does accept credit cards for payment. The is no payment plan, however if you choose to only pay a portion of your bill, a 1.25% late fee will be charge to the amount of your balance at the end of every month.
Late fees are assessed for payment received after the deadline unless the Financial Aid Coordinator approves a waiver for specific reasons. A waiver will not be provided due to late filing of the FAFSA. Students with unpaid tuition bills are not officially registered and are not permitted clinic participation.
Individuals who withdraw from the College after Orientation will be charged a portion or all of the tuition fees depending on the week in the semester that withdrawal occurs. Loan and scholarship recipients are required to refund any unearned portions to the respective programs according to a federal formula. The official refund policy is published in the University of Kentucky Bulletin.
Instruments, Sterilization (PTS), Course Fees and CPR: These fees are added to you bill so payment is due at the same time you bill is due. The total amount of the instruments and Sterilization is split between two terms for ease of payment.
Books: Required and recommended books may be purchased at nearby bookstores during the orientation period or thereafter. If funds are delayed for an unavoidable reason, book payment options may be discussed with the Financial Aid Coordinator.
Living Expenses: Your choice of lifestyle will affect the amount of expenses incurred. If cost containment is a priority, consideration should be given to sharing housing with a roommate. Obviously, this implies choosing a roommate who will contribute to an environment necessary for success in dental school. The Office of Admissions and Student Affairs is happy to assist entering students in finding a classmate for a roommate. Budgeting of funds for long distance phone calls, clothing, food, recreation, transportation and incidentals are also important in limiting expenditures to resources available.