What is the Payment Policy?
In order to confirm your intent to participate for the upcoming term, you must submit your $1,000 deposit online. Cabin space is not guaranteed solely upon admission. Deposits are accepted by check (payable to “Institute for Shipboard Education” Mail to: Semester at Sea, Colorado State University, Campus Delivery 1587, Fort Collins, CO 80523) or by credit card (Visa, MasterCard, American Express, or Discover). The deposit is not a supplemental expense and will be your first payment toward the total cost of the program. The entire balance of the program cost is due 90 days prior to sailing.
NOTE: The $1,000 deposit is refundable until the 90-day payment deadline. Deposits are refundable past the 90-day deadline for waitlisted participants only. Participants confirmed into cabins from the waitlist will have two weeks to make full payment.
Will I be charged late fees?
A penalty of $250 may be assessed on outstanding accounts after the due date.
What if I need to cancel from the program?
All cancellations or transfer requests must be mailed, emailed, or faxed by the participant on or before the posted cancellation deadline for the voyage. The Institute for Shipboard Education’s payment and cancellation policy specifies the refund structure for those students that must cancel their plans to sail. Below, you will find the refund structure:
Prior to fall and spring departures, refund of all payments, with the exception of the application fee, will be made for written cancellations or transfers received no later than the 90-day payment due date before the scheduled sailing date. Cancellations received after the 90-day payment due date before the scheduled sailing date will automatically result in forfeiture of the $1000 deposit made at the time of confirmation of acceptance in the Program. The following fees will also apply
- Cancellation up to and including 90 days prior to the voyage – full refund to participant
- If cancelled 89-60 days prior to voyage – 25% of program fee*
- If cancelled 59-45 days prior to voyage – 50% of program fee*
- If cancelled 44-31 days prior to voyage – 75% of program fee*
- If cancelled 30 days prior to the voyage and after voyage departure – 100% of program fee*
After departure no refund will be made to a Participant who voluntarily withdraws from the program or who must withdraw from the program due to any violation of the Standards of Conduct. No refund of any kind will be made if the Participant must interrupt the semester due to a medical or psychological illness.