Late Payment Charges

A late payment charge will be collected at the time any payment (full or partial) is applied to an outstanding balance according to the following schedule. Late payment charge is indicated in italics for the dates indicated.

Payment made in fall semester

August 18-October 5    2% of payment
October 6-November 2    4% of payment
November 3-November 30    6% of payment
December 1-January 3    8% of payment
January 4-January 31    10% of payment
February 1 and thereafter    12% of payment

Payment made in winter sessions

Week 1 to week 3 of session    2% of payment

Week 4 and thereafter:
Students who pay while still enrolled at the University will pay the 2% late fee assessment. However, if the student stops attending the University and the account is taken over by the Collections Department, a 12% penalty will be assessed to the unpaid balance.

Payment made in spring semester

January 18-February 28    2% of payment
March 1-March 31    4% of payment
April 1-April 30    6% of payment
May 1-May 31    8% of payment
June 1-June 30    10% of payment
July 1 and thereafter    12% of payment

Payment made in summer sessions

Week 1-Week 2 of Session    2% of payment
Week 3-Week 4 of Session    4% of payment
Week 5-Week 6 of Session    6% of payment
Week 7 and thereafter:
Students who pay while still enrolled at the University will pay the 6% late fee assessment. However, if the student stops attending the University and the account is taken over by the Collections Department, a 12% penalty will be assessed to the unpaid balance.