6.2-4 PAYMENT AND COLLECTION OF TUITION, FEES AND OTHER OBLIGATIONS

Overview

It is the stated policy of the University that tuition and fees on campus housing and all other financial obligations must be paid in full by the published payment due dates for each academic semester.

Student Responsibilities

  1. Make payment by published payment due dates.
  2. Payment must be remitted in cash, check, money order, credit card, electronic check or via credit of financial aid to a student's account or a combination thereof for the total amount due. Financial aid includes scholarships, grants, loans and third-party payment arrangements. Students receiving financial aid, furthermore, are responsible for any additional amounts which may subsequently be billed resulting from changes in financial aid awards.
  3. The only payment alternatives to the above sources are the Cardinal Payment Plan and the Graduate Payment Plan. Availability and use of these plans are subject to plan terms and conditions as described in Cardinal Payment Plan and Graduate Payment Plan information documents.

Approved Forms of Payment

Credit card payments for tuition, fees and housing are processed by a third party vendor (CashNet®) on behalf of the University. Credit card payments may only be made online. Students can access CashNet® through Cardinal Direct at http://cardinaldirect.svsu.edu. CashNet® accepts American Express, Discover, MasterCard and VISA. CashNet® assesses a 2.75% service charge on the total amount of the credit card transaction.

The University does not accept credit card payments in person, via the phone or through the mail at the Campus Financial Services Center. There are several alternatives to making payment by credit card. They are as follows:

  • In person at the Campus Financial Services Center, 131A Wickes Hall - cash, check or money order.
  • Via mail to the Campus Financial Services Center - check or money order.
  • Via Cardinal Direct - electronic checks are accepted by SVSU at no charge. 

University Actions Involving Unpaid Accounts

  1. Course registrations for students who have not made payment in full by the payment due date will be canceled. The University may offer at its option a re-enrollment period subsequent to the payment due date.
  2. Course registrations may be canceled by the University up to the end of the third week of classes for students with unpaid tuition and fee accounts including Cardinal Payment Plan or Graduate Payment Plan delinquency.
  3. Students with unpaid accounts (tuition and fees, on-campus housing, and all other financial obligations) will be prohibited from enrolling in subsequent semesters. Advance registrations will be canceled for those students who incur an obligation subsequent to the advance registration period. Additionally, students with unpaid accounts are prohibited from receiving their University transcript and may be denied other University services.
  4. Delinquent accounts will be assigned to debt collection agencies. Collection agencies are authorized by the University to collect unpaid accounts in accordance with the Federal Fair Debt Collection Practices Act. The University also in some circumstances pursues legal action to secure a court ordered judgment as a means of collecting unpaid accounts.
  5. Delinquent account information is provided to national credit reporting agencies and may impact an individual's credit rating.

Policy Administration

The authority to administer this policy is delegated to the University Controller.

 

 

Adopted 10.15.01 VP-ABA
Revised 03.15.07 VP-ABA
Revised 12.13.13 EVP-ABA