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Budget Tuition Plan Frequently Asked Questions

These questions are in 'What if?' form and should hopefully answer any questions you might have about the Budget Tuition Plan. Further information may be obtained by contacting the Bursar's Office by phone at (540) 231-6277 or by sending an email to bthelp@vt.edu.

I resign from Virginia Tech? I am in the Co-op Program? I am not eligible to return to Virginia Tech? I have been changed from out-of-state to in-state? I am academically suspended?

The Bursar's Office is not automatically notified of changes in student status. If the student has a change in residency status (in-state vs. out-of-state), resigns or withdraws from the university, reduces course load, co-ops, or is academically suspended, the student must notify the Bursar's Office in writing 5 business days prior to the next debit date to adjust or cancel the BTP using the Budget Tuition Change Form (PDF). This form must be mailed to Virginia Tech Bursar's Office, 150 Student Services Building, Blacksburg VA 24061, or faxed to us at 540-231-3238. On-line submission is not available. You may also email change requests to bthelp@vt.edu in lieu of sending the Change Form. Your Virginia Tech ID number must be included in your email for any adjustments to be processed. Failure to make a change request may result in unnecessary debits being made to the authorized bank account. If a refund is due, it will be issued according to the university's refund policy.

I change financial institutions?

The payer must forward the Budget Tuition Change Form (PDF) to charge the new account. This information must be received by the Bursar's Office at least 5 business days prior to the next effective debit date. Failure to give a notice of 5 business days may result in the incorrect account being debited. Notification must include the new bank name, address, your routing number and account number. It is recommended that a voided check is included with your Change Form, but it is not required. Please verify your bank routing number and checking account number with your financial institution. Failure to do so may result in your debit being returned unpaid by your bank.

I need to adjust the monthly debit?

The payer or authorized student may adjust the debit amount at any time by submitting the Budget Tuition Change Form (PDF) to the Bursar's Office at least 5 business days prior to the effective debit date and indicate the new amount to be deducted and the effective date of the new amount. This form must be mailed to Virginia Tech Bursar's Office, 150 Student Services Building, Blacksburg VA 24061, or faxed to us at 540-231-3238. On-line submission is not available. You may also email change requests to bthelp@vt.edu in lieu of sending the Change Form. Your Virginia Tech ID number must be included in your email for any adjustments to be processed.

If enrolled in the BTP for both semesters, please indicate the semester being adjusted. If the debits to be adjusted are not specified, the change will be reflected in ALL remaining debits. Virginia Tech will not make changes to an account without proper authorization .

My check for the $65 application fee is returned by my bank?

You will be dropped immediately from the BTP and tuition and fees will be due by the tuition payment deadline date. A $25 returned check fee will also be assessed to your student account.

I participate in the BTP for Fall semester and later wish to participate for Spring semester?

The payer must submit a new application along with a $65 application fee in order to enroll in the BTP for Spring semester. It is to your benefit to enroll for both semesters at one time and pay only one $65 application fee. You may cancel the BTP later if you choose not to budget your charges for the Spring semester. There is no penalty for canceling the BTP.

Students may enroll in the BTP on-line through the download and print the BTP Brochure and Application (PDF) and mail it along with the $65 application fee. A worksheet for calculating the amount of your Budget Tuition Plan payments is included.

Budget Tuition Plan services are also available at the Customer Service Windows of the Bursar's Office in 150 Student Services Building.

My tuition bill does not indicate my participation in the BTP?

If you have not received confirmation from the BTP within 10 business days of submitting an application, you should contact the Bursar's Office immediately.

I am not sure at this time how much my financial aid is going to be or which dining plan I will be selecting. How do I know how much to set up on the BTP?

At this time, you need to calculate your charges using the rates provided in the BTP brochure or provided by the on-line Budget Tuition Application system. If you receive your tuition bill and find that you have either an insufficient or excess amount budgeted, you should notify the Bursar's Office in writing of the new amount you wish to have debited from your account. Allow 5 business days for any changes in debit amount to become effective. You may adjust the amount of your debits at any time by submitting the Budget Tuition Change Form (PDF). This form must be mailed to Virginia Tech Bursar's Office, 150 Student Services Building, Blacksburg VA 24061, or faxed to us at 540-231-3238. On-line submission is not available. You may also email change requests to bthelp@vt.edu in lieu of sending the Change Form. Your Virginia Tech ID number must be included in your email for any adjustments to be processed.

I do not choose to participate in the BTP, what other methods of payment are available?

Tuition and fees must be paid in full by the tuition deadline date (unless you are participating in the BTP). You may pay your charges by using one of the electronic payment options. There is no cost to the payer if the e-check option is selected. There is a 2.75% service fee paid to a third-party service provider if the credit card option is selected by the payer. Payment can also be made by cash (do not mail), check, cashier's check, or money order. Please be sure to include the student id number on any payments/correspondence sent to the university.

I am approved for a Direct Stafford and/or Plus loan after I have set up my BTP?

: If your total credits (BTP, loans and/or other aid) exceed total charges for the semester, you should reduce or cancel your BTP. You may cancel or alter your BTP by submitting the Budget Tuition Change Form (PDF) or sending an email request to bthelp@vt.edu. Email requests should include your Virginia Tech ID number. No refund will be given if there are scheduled debits to be made to your account for the term.

Have a question that you do not see? Please send it to us and we will try to answer it for you. Our e-mail address is bthelp@vt.edu