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Payment Guide
Payment Guide
For Inquiries and Payments by Installments
| Title | Time | Phone | |
|---|---|---|---|
| Student Finance | 9:00 a.m. to 6:00 p.m. | +971 7 246 8903 / +971 7 246 8904 | Student.finance@aurak.ac.ae |
| Payment Type | Mode of Payment |
|---|---|
E-Payment |
Through online payment gateway using EUMS |
Direct Transfer to University Bank Account |
Funds transfer to below bank account |
Direct Bank Transfer and/or Bank Deposits |
Bank : Ras Al Khaimah (RAK) Bank The student’s name and ID number must be mentioned on the transfer instructions. Scan the transfer confirmation and email to Student.finance@aurak.ac.ae
|
At the counter in the University |
Student finance counter in building D – Cash, Current & Post-Dated Cheque (CDC & PDC) or Debit/Credit Cards via POS machine |
Deadlines for Settlement of Tuition and Fees
| Semester Payment | Payment Deadline | Final Deadline (including late fees) |
|---|---|---|
| Fall 2023 | A | B |
| Returning Students | August 31, 2023 | September 07, 2023 |
| New Students | September 07, 2023 | September 14, 2023 |
- If payment is not completed by the deadline A, late fees of AED 500 plus 5% VAT will be charged.
- If payment is not completed by deadline B, access to student material & blackboard shall be blocked for one week. Access will only be reinstated when the full tuition fees and the AED 1,500 plus 5% VAT reinstatement fee and AED 500 plus 5% VAT late payment fee are fully paid If the full tuition fees remain unpaid at the end of the block week, registration shall be cancelled. Failure to attend a course (no show) does not result in a refund for courses registered. Students must drop excess credits before the add/drop deadline in order to receive a refund.
- Payment can be made any time before registration.
Payment by Installment
If full fees cannot be paid immediately, installments can be arranged with the Student Finance Department only by PDCs as follows:
| Option 1 | ||
|---|---|---|
Due Dates |
August 31, 2023 (4 p.m.) (September 07, 2023 for new students) |
50% of full fees (net of scholarship amount) |
September 28, 2023 (for new & returning students) |
25% of full fees (net of scholarship amount) |
|
October 27, 2023 (for new & returning students) |
25% of full fees (net of scholarship amount) |
| Option 2 | ||
|---|---|---|
Due Dates |
August 31, 2023 (4 p.m.) (September 07, 2023 for new students) |
25% of full fees (net of scholarship amount) |
September 28, 2023 (for new & returning students) |
25% of full fees (net of scholarship amount) |
|
October 27, 2023 (for new & returning students) |
25% of full fees (net of scholarship amount) |
|
November 27, 2023 (for new & returning students) |
25% of full fees (net of scholarship amount) |
- Failure to attend a course (no show) does not result in a refund of fee/charges. Students not planning to attend must drop their registration during the drop/add period. Students reported as “no show” in class will be withdrawn from the class without a These students shall be placed on a drop/delete hold and will not be able to register in future semesters unless the fees are paid in full in advance.
- Providing PDCs is must for all students, except for international student, in which case only option 1 shall be allowed.
Related Information
Last Updated: 30 Jul 2023
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