1905 - Late Payment Penalty Charge

Document purpose

To encourage timely payment of student tuition, fees and other charges.

effective

January 1989

revised

May 2018

Reviewed

March 2020

Responsible Office

Student Registration & Financial Services

Approval

Student Registration & Financial Services

The Policy

  1. The Office of Student Registration & Financial Services is responsible for the assessment of a late payment penalty on a past due student balance.

  2. The Executive Director for Student Registration & Financial Services will establish the rate of the late payment penalty, not to exceed any federal or state maximum.

  3. Any waiver of late payment penalties must be in accordance with guidelines established by the Office of Student Registration & Financial Services.