Payment Policy
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Payment Policy
- Invoices are issued at the beginning of the month in accordance to the invoice dates and are due by the end of the month.
- Upon registration, students must pay the registration fee and the first instalment in full.
- Registration and application fees are not refundable.
- Subscription fees where applicable are equally apportioned over the invoices issued as per invoice dates.
- Fees are not refunded after the payment has been completed unless a notice of withdrawal has been formally given in writing before the invoice date. For example, if the first invoice is to be paid by 30/09 then as of 1/10 of the same year these tuition fees are not refundable. See Refund Policy.
- If students decide to terminate their studies, they must inform the school in writing of their decision before their next invoice date. Otherwise, the invoice for that period is payable and non-refundable. See Refund Policy.
- Scholarships and other fee waivers for all conventional programs are excluded from the first invoice and equally distributed over the remaining invoices. For Distance Learning and online programs are equally apportioned over all invoices including the first one.
- Low grades or failure to complete the programme, will result to the withdrawal of any scholarship awarded, as per UoL rules and regulations. In this case, students are obligated to pay their instalments or credits attended at the full rate provided the students give us advance notice for withdrawal. Students with scholarships will pay the first instalment in full. Students who drop out of the program and are on scholarship, their scholarship will be withdrawn, and they will be required to reimburse UoL.
- Students that fail to settle their accounts as per the below schedule will not be permitted to attend classes or use any other UoL facilities, including access to the student Intranet and Moodle. This will be strictly enforced by the University.
- Students from abroad of all conventional programs should pay their fees in advance via a single instalment.
UoL Programs invoice dates
Due date for Payment of Tuition Fees for MBA
September intake
Full time students
| Registration Fees | Registration day |
| 1st Installment | Registration day |
| 2nd Installment | By December 31st |
| 3rd Installment | By March 31st |
| 4th Installment | By June 30th |
Part time students (Day and Evening hours)
| Registration Fees | Registration day |
| 1st Installment | Registration day |
| 2nd Installment | By January 31st |
| 3rd Installment | By June 30th |
| 4th Installment | By January 31st |
January intake
Full time students
| Registration Fees | Registration day |
| 1st Installment | Registration day |
| 2nd Installment | By April 30th |
| 3rd Installment | By July 31st |
| 4th Installment | By October 31st |
Part time students (Day and Evening hours)
| Registration Fees | Registration day |
| 1st Installment | Registration day |
| 2nd Installment | By July 31st |
| 3rd Installment | By January 31st |
| 4th Installment | By July 31st |
Due date for Payment of Tuition Fees for MSc Shipping Operations & Management.
September intake
| 1st Installment | Registration day |
| 2nd Installment | By February 28th |
| 3rd Installment | By September 30th |
March intake
| 1st Installment | Registration day |
| 2nd Installment | By September 30th |
| 3rd Installment | By February 28th |
Due date for Payment of Tuition Fees for Distance Learning programs except for MSc Shipping Operations & Management.
September intake
| 1st Installment | Registration day |
| 2nd Installment | By February 28th |
| 3rd Installment | By September 30th |
February intake
| 1st Installment | Registration day |
| 2nd Installment | By September 30th |
| 3rd Installment | By February 28th |
Due date for Payment of Tuition Fees for ALL Other Conventional MSc Programs and MPSM
September intake
| Registration Fees | Registration day |
| 1st Installment | Registration day |
| 2nd Installment | By December 31st |
| 3rd Installment | By March 31st |
| 4th Installment | By June 30th |
January intake
| Registration Fees | Registration day |
| 1st Installment | Registration day |
| 2nd Installment | By April 30th |
| 3rd Installment | By July 31st |
| 4th Installment | By October 31st |
April intake
| Registration Fees | Registration day |
| 1st Installment | Registration day |
| 2nd Installment | By August 31st |
| 3rd Installment | By November 30th |
| 4th Installment | By February 28th |
BBA and BSc Students
Year 1
Semester A
| Registration Fees | Registration Day (1-30 Sept) |
| 1st Installment | Registration Day (1-30 Sept) |
| 2nd Installment | By December 1st |
Semester B
| Registration Fees | Registration Day (1-31 Jan) |
| 3rd Installment | Registration Day (1-31 Jan) |
| 4th Installment | By April 1st |
Year 2
Semester A
| Registration Fees | Registration Day (1-30 Sept) |
| 1st Installment | Registration Day (1-30 Sept) |
| 2nd Installment | By December 1st |
Semester B
| Registration Fees | Registration Day (1-31 Jan) |
| 3rd Installment | Registration Day (1-31 Jan) |
| 4th Installment | By April 1st |
Year 3
Semester A
| Registration Fees | Registration Day (1-30 Sept) |
| 1st Installment | Registration Day (1-30 Sept) |
| 2nd Installment | By December 1st |
Semester B
| Registration Fees | Registration Day (1-31 Jan) |
| 3rd Installment | Registration Day (1-31 Jan) |
| 4th Installment | By April 1st |
Year 4
Semester A
| Registration Fees | Registration Day (1-30 Sept) |
| 1st Installment | Registration Day (1-30 Sept) |
| 2nd Installment | By December 1st |
Semester B
| Registration Fees | Registration Day (1-31 Jan) |
| 3rd Installment | Registration Day (1-31 Jan) |
| 4th Installment | By April 1st |
DBA & PhD
| Registration Fees | Registration Day (1-31 Jan) |
| 3rd Installment | Registration Day (1-31 Jan) |
| 4th Installment | By April 1st |
Administration Fees
| Other | Amount |
|---|---|
| Application Fee | €50 |
| Subscription Fee | €180 |
| Registration Fee (Graduate Programs) | €200 |
| Registration Fee (Undergraduate Programs) | €500 |
*Administration Fees apply only if applicable and may vary depending on program or student status.
Other Costs
| Other | Amount | Payment Period |
|---|---|---|
| Late registration fees (core and elective courses) | €15 | Fees are charged 30 days prior to the course |
| Late cancellation fees Core Courses | €35 | Fees are charged 7 days prior to the course |
| Late cancellation fees Elective Courses | €85 | Fees are charged 30 days prior to the course |
| Non-attendance fees-Core Courses* | €35 | Upon start of the course |
| Non-attendance fees-Elective Courses* | €85 | Upon start of the course |
| Issue of a transcript | €5 | Upon receipt |
| Issue of a confirmation letter | €5 | Upon receipt |
| Re-registration fees | €200 | Upon re-registration |
| Improvement of examination grade | €200 | Upon request |
| Resit exam/assignment fee | €65 | Upon request |
| Resit exam/assignment cancellation fee | €50 | Upon cancellation |
| Re-issuance of a degree copy due to loss/damage or name change | €100 | Upon request |
| Graduation Fee | €85 | Upon registration to participate in the graduation ceremony |
*The non-attendance fee is enforced in the case where a student does not attend a course for which he/she is registered, or where a student terminates his/her attendance after the first day.