Holds, Late Fees and Collections
Ursinus College reserves the right to apply late fees to any student account that is not paid in full by the due date.
Late Payment Fee Policy
|A late payment fee of $50 will be assessed to accounts with an outstanding balance on:|
|Fall 2020||August 13, 2020|
|Spring 2021||January 14, 2021|
Returned Payment Policy
Returned payments will be charged a $25 fee to the student account. Check/EFT payment privileges will be revoked after two returned payments per academic year.**
What is a Billing Hold?
A billing hold is placed on any student account that is not in good financial standing with the college. Holds can prevent students from registering for classes, choosing on-campus housing, receiving college transcripts and diplomas. Holds are removed manually during normal business hours only.
Any unpaid tuition and fees will be deemed an educational loan made and funded by Ursinus College and received by student.
Student accounts that are more than 60 days past due will be sent to a collection agency at the discretion of the Office of Student Financial Services. The student is responsible for all costs and fees associated with the collection of the account balance.
Past Due Student Account Process
Students with an unpaid term balance 10 days after due date will incur a $50 late fee, and a hold for registration and transcripts will be placed on the account. A hold for move-in, attending classes and participation in all campus activities will also be placed at the start of the term.
For a hold to be removed, the student must settle their account in full with the Student Accounts Office.
Students who carry a balance over $1000 on their account 30 days prior to the end of the semester will receive a certified preliminary financial dismissal letter.
Students who still have an unpaid balance of $1000 or more at the end of the semester will be officially financially dismissed from the college and the account will be referred to one of our partnering collection agencies, as stated in the signed student responsibility agreement.