Payment in full or payment arrangements of any balance not covered by financial aid must be made by the 15th before each semester begins in order to avoid late fees, restriction of access on campus, and prevention from future registration and release of academic transcripts/ diplomas. 

Tuition/Fees Payment Due Dates

TermDue Date
Summer May 15
Fall August 15
Winter December 15
Spring January 15

Payment Options

Bursars Office—Sharp Building

Cash, check, or money order (made payable in US currency)

Mail to:
SAIC Bursar's Office
37 S. Wabash Ave., suite 711
Chicago, IL 60603

In person:
SAIC Bursar's Office
Monday–Friday, 11:30 a.m.–4:30 p.m.

Do not send 529 Plan or scholarship payments to the Bursar's Office. Those payments must be sent to the Student Financial Services office.

CASHNet

Credit Card
Wire Transfer
ACH—Automated Check Handling (Electronic Check)


New—Wire Transfers: US and Non-US Currencies

Effective July 1, 2015

Note for previous Wire Transfer Customers: Students and families should no longer use the previous method of sending wire transfer funds to SAIC’s Bank of America account. Please follow the new recommended method below.

SAIC and CASHNet work with Western Union Business Solutions to offer competitive wire-transfer rates. The following steps on Obtaining a Wire Transfer Quote will assist you in acquiring a conversion rate quote that is valid for 72 hours. You will then need to instruct your bank to transfer the funds through your bank’s online services, or visit your bank in person with the quote.

Obtaining a Wire Transfer Quote


529 College Savings/Qualified Education Plans

Please be sure all information and payments are sent to the Student Financial Service office and NOT to the Bursar's Office to avoid a delay in the processing of these funds.

A 529 Plan is an education savings plan operated by a state or educational institution designed to help families set aside funds for future college costs. Students should list the 529 Plan amount in the asset section of the FAFSA if the 529 Plan is in the name of the student or the dependent student's parent. It may be necessary for SAIC to adjust a student's FAFSA and their award package to meet federal, state, and institutional awarding policies. A 529 Plan payment will be applied as a "payment" on the student's account.

529 Plan Processing and Instructions
Students using a 529, College Savings or Qualified Education Plan to pay for educational expenses must notify Student Financial Services prior to the beginning of the semester. Students should complete a request to receive funds from their state provider four (4) weeks before the payment due date each semester that they are using the 529 Plan as payment towards their tuition charges. If the funding from these resources is intended to be used to pay for the balance due on the semester's payment due date and will be not received in time, we recommend that you enroll for a semester payment plan in order to keep your student account in good standing. Dates to request dates from your provider are as follows:

TermDate to Request Funds
from State Provider
Tuition/Fees
Payment Due Date
Summer April 15 May 15
Fall July 15 August 15
Winter November 15 December 15
Spring December 15 January 15

Students should inform the state provider sending the funds to the Student Financial Services office that their name and student ID number should appear on all correspondence and transactions. If the agency that holds your 529 benefit requires invoices, please contact Student Financial Services immediately with the contact information of the agency, and the name of the student. In some cases, SAIC may be required to complete a form or letter of credit that is provided by the 529 Plan provider.

Payments and correspondence should be sent to:

School of the Art Institute of Chicago
Attn: 529 Administrator
Student Financial Services, Sullivan Center
36 S. Wabash Ave., suite 1200
Chicago IL 60603


Tuition and Fee Payment Plan via CASHNet

SAIC offers interest free tuition and fees payment plans to students and families.

CASHnet Instructions [PDF]


Late Payments

If payment in-full or payment arrangements are not made by the end of the add/drop period, a late fee will be assessed.


 

Students required to purchase a laptop computer through the school have the option of paying in full or establishing a payment plan. This payment plan is separate from the tuition and fees payment plans listed above, and requires an enrollment fee to participate.