Financial Obligations

Deferred Payment Arrangements

Deferred payments may be made through the College’s payment plan provider. There is a per semester enrollment fee. Expenses will be set up to be deducted from a checking account, savings account, or credit/debit card (Discover, Visa, MasterCard, or American Express). With the exception of down payments, all remaining payments are deducted on the 5th of each month until the balance has been paid in full. If a credit/debit card is used, a convenience fee in addition to the enrollment fee will be assessed. All expenses can be included in this plan such as tuition, fees, books, room, and meals. These deferred payment arrangements are interest free. Access this plan here via CampusConnect. For additional information or questions about the payment plan, please call (903) 693-2030.

Obligation to the College

Any unpaid balance could be turned over to a collection agency, and any fees incurred will be added to the student’s account. Until a student’s obligations to the College are met, he or she may be barred from future registration, and the student’s transcript of credit will not be released. A “hold” on a student’s records may be placed for any of the following reasons:

  • Non-payment of tuition and fees
  • Failure to compensate for the loss, destruction, or damage of College property
  • Failure to supply required documentation; enrolling under false pretenses
  • Failure to comply with terms of disciplinary action
  • Any unpaid debt and/or collection fees owed to the College

Residence Hall Refund Policy

Residence hall charges consist of a room charge and a meal charge. Panola College follows the same refund policy as the tuition and fees refund policy set by the State listed below for the meal portion of the charge. If, for any reason, a student moves out of the residence hall before the end of the semester, no refund of the room charge will be made.

Refund Policy

The State of Texas has established a tuition and fee refund policy for Community/Junior and Technical Colleges. Panola College has no ability to vary in any degree from the established policy. Students who officially withdraw from classes will have their tuition and mandatory fees refunded according to the following schedule.

For Coordinating Board approved semester-length courses for which semester-hour credit is awarded:

  1. A 100 percent refund is made for courses dropped prior to the first day of class. First day of class means the first day shown on the College calendar and not the first meeting of a particular class.
  2. A 70 percent refund is made if the student withdraws during the first fifteen days of a fall or spring semester. A 25 percent refund is made if the student withdraws between the sixteenth and twentieth days of the fall or spring semester. No refund is made after the twentieth class day of the fall or spring semester.
  3. A 70 percent refund is made if the student withdraws during the first eight days of an eight-week term. A 25 percent refund is made if the student withdraws on the ninth or tenth day of an eight-week term. No refund is made if the student withdraws after the tenth class day of an eight-week term.
  4. A 70 percent refund is made if the student withdraws during the first five days of a five-week summer term. A 25 percent refund is made if the student withdraws on the sixth day of a five-week summer term. No refund is made if the student withdraws after the sixth class day of a five-week summer term.

NOTE: Students enrolled in semesters of alternate lengths should consult the Business Office staff for refund schedules.

Refund Procedures. There are no cash refunds. Refund checks or refunds to the Panola Card are processed within two- to four-weeks’ time. All check refunds are made by mail to the address on file in the Admissions/Records Office. Refunds for tuition and fee payments made by VISA, MasterCard, or Discover will be refunded by a check. “Stop Payment” orders do not cause classes to be dropped. Such orders also result in a $30 fee as with returned checks.