The Bursar’s Office assesses a late fee to any account that is outstanding after all financial aid is posted in October for the fall semester and February for the spring semester.
The late payment penalty is assessed accordingly:
Amount
|
Balance Outstanding
|
---|---|
$25 | $500 – 1,500 |
$75 | $1,501 – $2,500 |
$100 | $2,501 – $3,000 |
$150 | $3,001 and up |
This late fee penalty will also apply to any account that may have an outstanding balance due to a check being returned by the bank as uncollectible (i.e., non-sufficient funds).
The Bursar’s Office will process a one-time late fee waiver if a student or parent contacts the office offering a valid reason for the delay in payment, aid, or loan.