Paying for college is a big concern for most families. We want to make sure you and your parents understand Ouachita’s financial aid process. Here are some key things you need to know:
An updated account statement is posted to the student’s OBU web portal account monthly. A monthly e-statement will also be sent to emails on file. Please check the ‘contact 1’ and ‘contact 2’ email addresses listed in the student web portal for accuracy.
Students with credits on their student accounts may request a refund check at any time during the semester. Refund checks will begin being released the week after classes start. Students may request through the OBU info portal. Refund checks are printed on Tuesday and Friday each week; any checks requested by 3 p.m. the day before will be available for pick up in the Student Financial Services office after 10 a.m. I.D. cards will be required for check pickup.
The University’s official policy states that payment for each semester must be made in full before beginning classes for the following semester. We offer two payment options:
*Accounts not paid in full by the first class day of the semester will automatically be placed on the monthly payment plan. A $20 Late fee will be applied for missed monthly payments.
Payments may be made with cash, check, money order, credit/debit card or electronic check. Account payments may be made:
OBU Dollars can be purchased in Student Financial Services and used in the bookstore, Chick-fil-a, Sandellas, Dr. Jacks, Tiger Express or vending machines.
Commuters/OBU apartment residents may choose a meal plan option from their web portal or contact SFS for assistance. Students on full scholarships will be expected to maintain meal plan coverage or their university scholarship will be adjusted accordingly.
Checks up to a maximum of $250 can be cashed in Student Financial Services. A student I.D. must be presented. Also, there are several banks in town that provide checking and savings accounts to students.
Mailing addresses and email contacts can be changed from the student’s web portal or in the Registrar’s Office.