Deferred tuition is when a school takes a portion of your financial responsibility due each semester, and postpones the payment of that portion. You will typically still owe an out of pocket cost, but it is much lower than if you had to pay the full tuition amount all at once.
Because many students at Relay expect to receive AmeriCorps Segal Education Awards, TFA Education Awards, or Relay Residency Scholarships at the end of each academic year, Relay defers a portion of the tuition charged in each term of an academic year and makes the amount due at the end of that academic year.
By taking a portion of your total tuition for the summer, fall, and spring and postponing the due date until the end of the year, students are able to use their anticipated end-of-the-year awards to pay this balance.
If you are unsure whether a portion of your tuition is being deferred, please check your financial aid offer letter for the award "Anticipated AmeriCorps Award" or "Anticipated Relay Residency."
If you withdraw or take a leave of absence from the program during the academic year for any reason, you are responsible for paying any remaining tuition balance, including any tuition balance that Relay deferred for you. All deferred tuition balances are immediately made payable when you cease enrollment, even if the expected award is not earned.