Overview

The Accounting Office is responsible for applying the University’s financial policies and regulations, executing them with utmost accuracy and integrity. It also guarantees the University’s compliance with the valid laws.

The Accounting Office is the main source of financial information at the University, and is responsible for providing efficient financial reports that shall help higher administrations and departments at the University to make the appropriate decisions which contribute to the fulfillment of its goals.

The Cashier is responsible for executing financial procedures relevant to each student, such as collecting the registration fees, course costs, financial implications for their studies, and following up with payment from students or donors. It is also responsible for the University’s payments and purchases.

Policies

Students must be informed of the University’s financial regulations and policies related to their studies, in order to know the financial implications of any procedure they wish to proceed with.

Tuition Refund Policy

Application fees, placement test fees and registration fees are non-refundable.

Late Registration Penalty Fees

Students are entitled to pay a penalty fee determined by the University if they fail to register for the semester within the designated period.

Financial Implications for Withdrawal from Courses after Add/ Drop Period

Students must pay 30% of the course’s credit cost if they withdrew in the second or third week of the semester, and full cost if they withdrew after the third week.

Financial Implications for Withdrawal from Semesters

If students withdrew from a semester in the second or third week, they must pay 30% of the credit cost for the courses they registered for, and full cost if they withdrew after the third week.

The Financial Agreement

Students must pay the tuition fees as per dates scheduled in the University Calendar, and on failing that, they must pay a fine determined by the University if they hadn’t previously made a financial agreement with the cashier in which monthly payments and dates are stated.

Tuitions

Tuition Payments

  • Tuitions are paid in cash at the University Cashier.
  • Tuitions are paid in the Lebanese Lira according to the official exchange rate.

Tuition Payment Dates

Tuitions are paid monthly on dates determined in the University Calendar within the following periods:

  • First Payment: Within a maximum period of two weeks from the start of the semester
  • Second Payment: Within a maximum period of 6 weeks from the start of the semester
  • Third Payment: Within a maximum period of 10 weeks from the start of the semester
  • Fourth Payment: Within a maximum period of 14 weeks from the start of the semester

Application for Financial Statement

  • To obtain a financial statement, students must fill the application form at the Cashier.
  • If the financial statement was required for an official body, the student must attach the application form they adopt.
  • Students must not pay any fees if they apply for the first time during a semester.
  • To obtain a financial statement, students must have paid full tuitions and fees.

Contact Information

To contact the Accounting Office or the Cashier, students may:

  • Attend at the office during the working hours (8:00 a.m. till 4:00 p.m.).
  • Call on the following numbers: 01/ 453003 – 03/ 060529 EXT 414 – 415.
  • Send an email on the following address: accounting@usal.edu.lb.