Frequently Asked Questions
Frequently Asked Questions
I received a bill that has insurance on it and I already submitted my waiver. What do I do?
Pratt chooses a hard waiver policy therefore we charge all students every semester to ensure each student is covered. Every student that does NOT WANT the insurance must waive EACH SEMESTER. The Health Insurance Fee is then waived upon completing the waiver online. Insurance waivers are processed at the end of the drop/add period each semester. Insurance is charged on your tuition account each semester, and will also be waived each semester THROUGH THE AETNA WEBSITE. Where appropriate, deduct the Student Health Insurance Fee if you have completed your waiver online.
The Health Insurance waiver deadline for the Fall 2013 is TBD.
Waivers must be completed BOTH semesters. Students will be responsible for the waiver if it is NOT completed by the waiver deadline each semester.
What are your office hours?
Monday, Tuesday, Wednesday and Friday 10 AM–4 PM. The Bursar's office is open late on Thursdays from 10 AM–6 PM during the fall and spring semester. The Bursar Summer Office Hours are Monday-Friday 10 AM–4 PM beginning June 1.
Where is the Bursar's office located?
The address for the Bursar's office is 200 Willoughby Avenue, Myrtle Hall, 6th Floor, Brooklyn NY 11205. The Bursar's Office is located in Myrtle Hall on the sixth floor.
We have a staff member available on Wednesdays during the semester in Pratt Manhattan located on the second floor room 207. The Pratt Manhattan location does NOT ACCEPT ANY PAYMENTS.
How can I reach the Bursar's office?
You may contact us (718) 636-3539. Our fax number is (718) 636-3740. You may also contact via email: bursar@pratt.edu
My financial aid isn't appearing on the bill. What do I do?
If you have been approved for financial aid and have received an award letter indicating you are getting financial aid, then you must contact the Bursar's office. The Bursar's office is responsible for ensuring your funds have been received prior to the posting of the loans or any other financial aid to your student account. Sometimes we have to research loans before posting them, which may require us to contact the Financial Aid office or the government and this can slow down the process.
If you have not completed the financial aid process, did not complete your FAFSA, did not complete your loan forms, or are missing required documentation, then you must contact your Financial Aid Counselor. If you are unsure which answer applies to you, it is always best to contact the Bursar's office. You can always continue to check your bill online at my.pratt.edu for the most current information.
How can I pay my tuition?
- You may pay in-person in the Brooklyn location or via mail by cash, personal check, money order, travelers' checks, MasterCard, VISA, American Express, Discover, or Wire Transfer. Please do not mail CASH!!!
- You may pay online at my.pratt.edu. This service accepts credit cards, checks, and debit cards with a MasterCard or Visa logo. There is no fee charged for this service.
- You must contact us directly in writing at bursar@pratt.edu for wire transfer information.
I want to sign up for the payment plan. What do I do?
You may contact us directly, and pick up a form, or you may check the web site for information on our payment plan vendor Tuition Management Services (TMS). You may sign up for the payment plan for the entire year at a cost of $105.00 or the semester payment plan option at $97.00. The plan allows you to make monthly payments directly to TMS. You will be cancelled from your TMS plan if your payment is 60 days late. Late fees are assessed by TMS when you pay your monthly payment late.
I just received my bill and I'm on the payment plan. What do I do now?
Nothing! We appreciate you notifying us that you are on the payment plan. Students will still receive a bill even if you're on the payment plan. It's simple, if you make any registration changes that affect your balance and you need to pay more or less, you can adjust your payment plan accordingly! All students have a Bursar clearance once you have signed up for TMS. However, TMS cancels you out of the payment plan if you are delinquent 60 days or more with your payment. Reinstatement and late fees payable to TMS are required to rejoin the plan. This will result in an immediate Bursar Hold on registration, transcripts and even graduation! Please make sure your TMS budget plan (and any financial aid) covers your balance In full.
When is my tuition due?
Tuition is due in full by the first billing due date each semester. The Summer Tuition is due for all students Friday May 10, 2013 and the Fall tuition is due Thursday August 1, 2013. If you are a continuing student and you are registering late, or are a new or transfer student, tuition is due in full immediately upon registering. If you have financial aid that covers you fully, then you are not required to pay by the due date. If however, you have a portion of your tuition you must pay yourself, then that portion must be paid by the due date in order to avoid a late fee and subsequent interest.
What happens if I don't pay my bill?
A late fee of $80.00 will be added to your account. Interest also accrues at a rate 1.25% each month on all outstanding balances. You will also be blocked from any future registrations, receiving any transcripts or your diploma. On severely delinquent accounts your balance may be referred to an outside collection agency. If a tuition account is referred to a collection agency, you will be responsible for all collection costs associated with the debt. We cannot waive late fees and interest as a result of loans NOT IN AN APPROVED STATUS BEFORE THE FIRST DUE DATE OF THE BILL each semester.
When is my 1098T available?
Pratt uses the Tax Credit Reporting Service (TCRS) to deliver our 1098T's. They are available January 31 each year. You may retrieve your form at www.1098T.com. If for some reason your form isn't online, please contact us at bursar@pratt.edu or Ms. Olivia Goode, 718-636-3539.
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