1908 - Financial Hold/Collection Hold

Document purpose

Financial hold to assist in the collection of past due amounts.

effective

March 2006

revised

May 2023

Reviewed

May 2024

Responsible Office

Student Registration & Financial Services

Approval

Student Registration & Financial Services

Subject

Tuition, Fees and Other Student Charges

The Policy

  1. Any past due balance of $1,000 or more is subject to financial hold.

  2. Students placed on financial hold will be unable to register for future academic terms.

  3. Effective February 1, 2023, students placed on financial hold will be unable to register for future academic terms but may obtain academic transcripts and view grades.

  4. Accounts will be transferred to outside collection agencies for students with a past due balance of $500 or greater, and not currently enrolled. The Debt Recovery Team will identify and bill students with past due balances less than $500.

  5. Schedule of collection transfers will be determined by the Associate Vice President, Student Registration and Financial Services.

  6. Graduation holds will be placed on student records for students who owe $200 or greater to the University and will prevent release of the student’s diploma.