Students who receive employer tuition remission benefits after completion of coursework may exercise one of the following options for paying their tuition by the due date:
Carnegie Mellon University participates in a monthly tuition payment plan through Tuition Management Services. Students pay a small fee to enroll in the plan, which enables the student to make monthly tuition payments, generally over a 10-month period. The plan is available in the Fall and Spring semesters.
Although employer tuition benefits (including those benefits received after completion of coursework) reduce the overall amount a student is eligible to borrow, students may borrow loans to cover living costs and other-education-related costs. Some students who receive tuition reimbursement borrow in the first semester only and subsequently use the employer reimbursement at the end of each semester to pay the upcoming semester’s tuition and then use the final employer reimbursement payment to repay their original loan.
Sponsored billing occurs when an entity, government or a third party assumes responsibility for all or part of a student’s educational expenses. Sponsors pay the university directly on behalf of the student with an agreement, commitment and/ or obligation between the paying party and the student.
Veterans of the US Armed Forces may contact Carnegie Mellon's Certifying Official or visit the HUB's website to receive more information about veteran's education benefits or to arrange an appointment to discuss eligibility. Carnegie Mellon's Certifying Official works closely with the Tepper School of Business Financial Aid Office in determining the amount of each veteran's eligibility.
The Tepper School of Business at Carnegie Mellon University is a Yellow Ribbon participant. Veterans must have 100% Post 9/11 GI Bill eligibility in order to participate. Once an individual student's eligibility is determined by the VA certifying official at Carnegie Mellon, the Tepper School of Business Financial Aid Office determines the amount of Yellow Ribbon eligibility by subtracting the amount of the Post 9/11 GI Bill benefits eligibility from the student's actual costs of tuition, fees, and university health insurance, limited by an institutional maximum participation amount determined annually.
Under the Yellow Ribbon Program, The Tepper School covers 50% of the "gap" between allowable costs and Post 9/11 GI Bill benefits for eligible students, not to exceed $12,500 for up to 30 students for the 2013-2014 academic year through the Tepper School of Business Yellow Ribbon Matching Funds Scholarship.
For additional information on Veterans Education Benefits eligibility please visit www.gibill.va.gov.