Late Payment Fee Policy
A minimum late payment fee of $50 (fee is dependent on balance owed) will be assessed to accounts with an outstanding account balance 5 days after due date as defined below. Late fees cannot be waived. See late payment fee schedule below.
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Late Payment Fee Policy |
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| Fall 2024 | August 13 2024 |
| Spring 2025 | January 8, 2025 |
$50-Balance $200-$500
$100-Balance $501-$1000
$200-Balance over $1000
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/changing classes, choosing on-campus housing, and/or receiving a 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 and will be credit reported.
Past Due Student Account Process
Students with an unpaid term balance 5 days after due date will incur a minimum $50 late fee, and a hold for registration 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 Office of Student Financial Services.
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 outlined in the signed student responsibility agreement.