Bill Due Dates
Financial arrangements must be in place by the following deadlines in order to remain registered for academic coursework.
Fall 2014 – August 15, 2014
Spring 2015 – January 15, 2015
RISD accepts payment by checking or savings account, MasterCard, Visa, American Express and Discover at risd.afford.com. All payments should be made online with the exception of Scholarship and 529 payments. For the safety of our students and staff, we do not accept cash. A $30 return fee will apply to all ACH/check payments returned due to insufficient funds or invalid account information.
Interest free payment plans are available through Tuition Management Systems for a flat rate of $60 per semester. The fall plan begins August 1st and the spring plan begins January 1st. Each term includes five monthly installments. Enrollment can be completed online at risd.afford.com or by calling 1-800-279-1869. Students are responsible for reconciling their payment plan with their student account statement on a monthly basis. Outstanding balances caused by underfunded payment plans may be charged a Late Payment fee in addition to any other TMS late fees.
International bank transfers can be made by visiting www.peerTransfer.com/risd. PeerTransfer offers best pricing guarantees, transfer tracking and distribution in a secure manner.
Non-Payment of Tuition and Fees
Students with an outstanding balance will be charged a $195 Late Payment fee. To avoid late payment fees, students must ensure that all financial obligations to the College are met by the published due dates. Late Payment fees are accessed once per term. Students with outstanding balances may also be blocked from registration for future terms. Defaulted balances may also be assigned to a collection agency. Students may be responsible for collection and/or legal expenses. RISD will not provide official transcripts, grades or grant diplomas certifying graduation for any student who has an outstanding balance.