Share

PEBT

Welcome!

The Bursar's Office is committed to providing accurate and quality service to our students and others,
in support of the academic, administrative, and financial activities of the MGH Institute.
Read the Mission, Vision, and Core Values Statement for the Bursar's Office.

Important note: the Bursar's Office routinely sends important communications to students
at their MGH IHP email accounts. Please check your email frequently.

Use the green navigation menu above to access different sections
of the Bursar's Office services and information.

 

Student Financial Responsibility Agreement

Here are some key points in understanding the purpose of the Student Financial Responsibility Agreement:

  1. Most importantly, this agreement is not related to the current COVID-19 crisis that we are currently experiencing.  Also, it is not meant to alter any of your current tuition and fees and has no impact on any arrangements that may be made due to program alterations caused by the current crisis.  It is simply a measure put in place to provide transparency and protection for you in matters relating to your general financial responsibilities while an active student.  It is also important to note that the release of this new requirement was planned well before the COVID-19 crisis hit.
  2. Student Financial Responsibility Agreements are standard at most Colleges and Universities and upon strong recommendation by the National Association of College and University Business Officers (NACUBO), the Institute felt obligated to put this in place starting in Summer of 2020 as a protective measure for you and the IHP.  
  3. Along with providing you a solid understanding of your general financial obligations, you will note that the agreement provides important protective measures for you which include the following permissions that you must grant:
    • For the Institute to use your SSN for 1098-T tax form production
    • To give consent that you understand that your billing will be done electronically

We hope that you understand the importance of reading, understanding, and agreeing to these responsibilities and as mentioned above, they are in place to provide transparency and protection regarding your general financial responsibilities with the Institute.  
As always, feel free to contact bursar@mghihp.edu with any questions.
 

 

Billing

Your online student account serves as your official student "bill".  An email notification will be sent to you when your bill is ready to view. Your account will be updated automatically with every charge or credit posted to your student account. The amount due will be available by viewing your account online through IOnline and will reflect the charges, credits, and amounts due. You are responsible for viewing your student account online, for noting the account balance due, and for making the appropriate arrangements for payment to be made by the due date.  Due dates are also listed, semesters in advance, on the Academic Calendar.

 

Accessing Your Registration Statement/Invoice

  • Logon to IOnline
  • Go to the Main Menu
  • Under Financial Information, select "View Account and Make Payments"
  • Select the desired term to view your statement
  • If the amount due is a negative number, then no payment is due at this time
 

Health Insurance

All students are billed for health insurance.  If you have your own coverage, you can waive this fee by submitting an electronic waiver form.  If you want the student health insurance plan, you MUST enroll for it.  Learn more about Health Insurance details and information.

 

Payment Options

Tuition & Fee Payment Options

Non-Degree Students

All Non-Degree students must pay in full when they register or join the 2-month payment plan. See payment options below.

Matriculated Students (Includes all Degree and Certificate of Advanced Study Programs)

A student is considered officially registered only when semester charges are paid in full. Tuition and fee charges are computed on the basis of registered credit hours. Bills are sent in July for the fall semester, in November for the spring semester, and April for the summer semester to all students who have registered for classes.

Each student must pay all charges in full by the due date indicated on the initial bill to avoid late charges or cancelation of registration and financial aid. Students who register late are expected to make payment in full at the time of registration. See payment options below.

Students with delinquent accounts at the end of the first week of each semester will be placed on financial hold and will not be allowed to attend classes or have access to the D2L courseware system until their balance is paid in full.

Delinquent accounts are also considered sufficient cause for cancelation of registration, as MGH Institute regulations prohibit official registration, granting of credit, release of transcripts, or release of enrollment verifications for any student whose account is unpaid. Participation in any Commencement Ceremonies and Degree Conferrals will also not be permitted. 

A past due account is cause for administrative withdrawal and must be paid in full prior to readmission to the Institute. Delinquent accounts may be subject to collection by an outside agency, with assessment of reasonable collection costs and credit bureau reporting.

Note:  Adjusted or additional tuition and fees may result from adjustments to fixed course schedules when a student, for any reason, is required to move off of the standard curriculum cycle.

Payment Options

  • Paper Check or Money Order - may be mailed or hand delivered to:
    MGH Institute of Health Professions
    Bursar's Office
    36 1st Avenue
    Boston, MA  02129-4557
  • ACH transfer (done through IOnline account)
  • American Express, Discover, MasterCard or Visa
    The credit card payment option is available to Non-Degree Students only.
  • Wire transfers
  • Nelnet Campus Commerce payment plan
  • Federal and private loans and any scholarship. All financial aid will be applied to tuition and fees. If financial aid does not cover the full cost of tuition and fees, the student is responsible for paying the amount due by the payment deadline.

Payment for Add/Drop

Students who add a class must pay additional charges within 10 days. Students who drop a course will have any refund processed at the end of the add/drop period for the term.

Partners Employee Discount

Full-time employees of Partners HealthCare may take one 3-credit Institute course (one time only) at half-price tuition. Proof of full-time employment is required with the completed application in order to be eligible for the Partners discount. Verification of full-time employment includes a copy of a pay-stub indicating a 40-hr workweek or an employment verification letter from a Partners official. This letter must include the signature, title, department, and phone number of the Partners official and it must indicate that the applicant is considered a full-time employee of the Partners HealthCare. The Partners discount does not apply for audited courses, nor is it applied to applicable fees.

IF ENROLLING IN MORE THAN ONE COURSE, ONLY ONE COURSE MAY BE TAKEN AT THE HALF-PRICE RATE. DISCOUNTS ARE NOT APPLICABLE FOR COURSES USING VOUCHERS. DISCOUNTS CANNOT BE COMBINED.

Year-End Statements

Each January, the Institute sends students' 1098-T tax forms to the IRS and posts that information for each qualified student to the respective student IOnline account.

The 1098-T indicates the amount of tuition and fees billed during the tax year ending December 31st. This information will include activity posted to a student's account, during the particular tax year (January 1–December 31), which may qualify a student for a tax credit. Tax related questions should be directed to the IRS or a tax professional. See FAQ for 1098-T.

Payment Plan

You may enroll in a monthly payment plan with Nelnet Campus Commerce at the link below, or call 800-609-8056.  While this option is interest free, there is a charge of $50 for one semester. 
Access Nelnet Campus Commerce Payment Plan

 

Loans

Loans

If loans make up all or part of your payment, these funds should appear on your invoice as pending items. Pending items reflect anticipated amounts, and they are subject to change. If loans do not appear on your invoice as credits or pending items, it may indicate that certain requirements for these loans have not been completed, and you should contact Financial Aid at (617) 726-2788. Students must pay any balance not covered by loans by the payment deadline to avoid a late payment fee.

 

 

Voucher Redemption

Vouchers may be used in any combination for any Institute course under the terms and conditions described within the Voucher Redemption policy. Vouchers will be accepted from any employee of the Agency or Institution to which the voucher was awarded. The employee of the Agency or Institution may enroll in courses on a space available basis. Read more about Voucher Redemption.

 

Tuition Refunds & Insurance

Tuition Refunds

All refunds resulting from an overage of federal loans are made via direct deposit within 10 business days of the loan disbursement date. Please ensure your bank account information is correctly entered into your IOnline account for proper processing of your refund. 

TO ENTER YOUR BANK INFORMATION:

Go to IOnline, Main Menu. Under Financial Information select Bank Information. Enter the routing and account number where you want the refund to be deposited.

Refund Schedule

Always refer to the official academic calendar for detailed refund schedule. This refund schedule applies to each full-length term's tuition and is determined by the student's signature and the date of receipt of the appropriate form in the Office of the Registrar or determined by the Institute, such as the last day of attendance.  For courses that are on a shortened schedule, refunds are granted during week one of the module only.  After week one of a shortened module, no refunds are allowed.  (This includes Science-Prerequisites in the Summer Semester) Fees and deposits are non-refundable.

Below is the refund schedule for FULL SEMESTER courses:

Week one of a semester - 100%
Week two of a semester - 80%
Week three of a semester - 60%
Week four of a semester - 40%
Week five of a semester - 20%
After week five - NO REFUNDS

Return of Title IV Funds (Federal Stafford Student Loans)

A formula defined by the federal government determines how much, if any, of federal aid is refunded when a student withdraws. See the Financial Aid Federal Refund Policy section for more information concerning effects of withdrawal or leave of absence on financial aid received.

Tuition Refund Insurance

Recognizing the substantial investment of an education at the MGH Institute, we have concern for the student who suffers a serious illness or accident and has to leave the Institute for that reason before the term is completed. In many instances it means not only the loss of time invested in studies, but also the loss of the charges paid for the term.

With this in mind, the Institute has made arrangements to provide a Tuition Refund Plan (TRP) for all currently active degree/certificate students, which is designed to minimize the risk of financial loss for students and their families if a covered illness or accident were to occur. Please note that students are automatically enrolled in this insurance program, unless they complete the waiver using their IOnline account. The Plan provides coverage for tuition paid to the Institute.  A.W.G. Dewar, Inc. offers this program at a current cost of $83 per semester for the 2019-2020 academic year. 

This plan significantly extends and enhances the Institute's regular refund policy. You are assured by A.W.G. Dewar of up to a 75% refund on tuition paid throughout the term, even after the Institute’s refund policy has expired, for withdrawals due to medical and mental health reasons. 

Also, please note that the Plan is being made available by the Institute solely as a service to students. The Institute does not receive any compensation for the Tuition Refund Plan.  All premium payments are collected by the Institute and remitted to A.W.G. Dewar, Inc. The Institute automatically enrolls all degree/certificate students, subject to waiver in individual cases, in order to be able to arrange provision of this service at a reasonable premium for those who wish to participate.

NOTE: Students are automatically enrolled in the plan and the premium will be billed on each individual semester bill. To waive this coverage, you will have until the end of the 2nd week of the official start date of each semester to do so. The waiver can be found using your IOnline account. Go to the student menu, and under "User Account", you will see a link to the "Tuition Refund Insurance" waiver page. Read the information carefully, and if you do decide to opt out of the plan, click the box on this page. This will remove the charge from your semester bill and you will not be enrolled in the plan. If you are currently covered and wish to opt out, follow the same procedure listed above. 

IMPORTANT NOTE: Waivers submitted after the stated deadline for each semester will not be honored and students will be enrolled in and charged for the plan.

Download the Tuition Insurance Brochure for information about the plan.

 

1098-T FAQ

What is IRS Form 1098-T?

A 1098-T is a statement of qualified tuition and related expenses that were billed to your student account and grants or scholarships received during the calendar year. The 1098-T is provided to assist you in determining if you are eligible for any higher education tax benefits.

When will my 1098-T form be available to me?

Colleges, universities and other institutions that issue Form 1098-T are required to provide a copy of the form to the student by Jan. 31 of the year following the tax year in which the expenses were paid.

How can I view my 1098T form?

Simply logon to your IOnline account, go to the Main Menu, and under Financial Information, select View My 1098T form, and select your desired year. Your document is available immediately for printing.

What tax benefits am I eligible for?

Unfortunately, given the complexity of the U.S. tax code, we cannot determine your eligibility for education tax benefits or provide tax advice. The 1098-T does not indicate your eligibility for tax benefits; rather, it provides you with information about your account which you or your tax preparer may use to determine your education tax benefit eligibility. For more information, we encourage you to see I.R.S. Publication 970 (PDF), or consult your tax advisor.

 

Bursar's Office Contacts

 

Joyce DeSanctis, Bursar
(617) 726-8015

Gail D'Ovidio, Associate Bursar
(617) 726-5074

Mailing Address
MGH Institute of Health Professions
Bursar's Office
36 1st Avenue
Boston, MA 02129-4557

Email
bursar@mghihp.edu