Financial Obligations/Student Billing Policies
All charges for fall
and spring tuition, room, board and fees must be paid on the respective
August and January due dates for each semester. Charges for
summer sessions are due the day of registration. Charges for
graduate courses are due upon receipt of a bill. Delinquent balances
after these due dates are assessed interest at 1% per month.
Registration
for subsequent terms and participation in the housing lottery are
prohibited and transcripts are not released until all financial obligations
have been met. Student Financial Services may
approve exceptions in the following situations: there is an approved student
loan or a parent loan to pay for the past due balance; the family participates
in the monthly payment option administered by Tuition Management Systems and
the plan payments are current.
If financial obligations for a prior semester
are not satisfied or deferred payment arrangements not approved, students
may be administratively withdrawn from the University. Students may be reinstated
upon settlement of an account. The University will make every effort to honor
the student’s original course selection and housing priority but cannot
guarantee those selections.
All
financial obligations to the University must be met as a condition for
graduation, participation in Commencement ceremonies and receipt of transcripts.
Financial obligations include loans administered by St. Lawrence, including
Federal Perkins Loan, GATE Education Loan, and College Loan. For
more information on financial obligations and student billing policies
visit www.stlawu.edu/sfs.