22 Tuition Promissory Note When a student registers for courses at Weber State University the student agrees to the terms of the "Tuition Promissory Note." The note states: For valued received, I promise to pay Weber State University (WSU), Ogden, Utah tuition and fees (principal) assessed to me for courses for which I have registered by the published payment due date for each semester. Also, I agree to pay for any additional fees and interest charges that are assessed to my account each semester. I hereby agree to pay a late payment fee of $40 if my account balance is not paid by the published payment due date. In the event I default on this agreement and it becomes necessary to place this account for collection, I also agree to pay collection fees, not to exceed 50.00% of the original principal balance, plus any court and/or attorney fees resulting from the enforcement of this agreement. Any collection costs stated above are in addition to the principal, fees and interest due on my account. In the event of default of any of the terms of this agreement, I hereby give to WSU Controller, or his/her designee, Power of Attorney to apply all monies due me from WSU to any delinquent portion of this note until the principal, fees, interest and costs are paid in full. I agree that WSU may repay my account balance from any TITLE IV funds due me. I understand that the principal amount is calculated based on my class-load each semester at WSU. All outstanding tuition account balances are educational loans extended with the express understanding that future repayment shall be made to the university. I further understand that my acceptance of these terms represents an extension of credit as a loan for an educational benefit by Weber State University, and as such, is exempt from discharge under federal bankruptcy code 11 U.S.C. 523(a)(8). Billing Statemen t Tuition and fees statements are available on the eWeber student portal. Electronic statements and up to date balances are available in the student account at any time. Paper bills will be mailed once each semester one month prior to the start of each semester. Students are responsible for viewing up-to-date balance or e-statements in the student account if a paper statement is not received. It is the student's responsibility to make sure account balances are paid in- full and on-time. Paymen t Schedule • Payment deadlines are listed on the Internet atweber.edu/cashiers. • Tuition and fees may be paid by cash, check VISA, Discovercard, or Mastercard. • Monthly payment plans are available to help students who are not able to pay in full when tuition is due. (See Monthly Payment Plan Option below.) Late Payment Fee A $40 late payment fee will be assessed to all students who have not paid their tuition and fees in-full or have not signed up for a monthly payment plan. If a student has an outstanding balance after their financial aid or scholarships have been applied, the student is responsible to pay this amount by the payment deadline to avoid the late payment fee and interest charges. The $40 late payment fee and interest are nonrefundable and will not be waived. If a student changes his/her schedule by adding classes, the student has until Friday at 4:00 p.m. each week to pay the balance or the $40 late payment fee will be assessed to the student account. Students should check their account balance each time a change is made to his/her schedule to determine the new balance due. In terest Assessmen t Interest will begin the fourth week of the semester. The annual rate is 12%. A student will not be assessed interest as long as the student is in a Monthly Payment Plan that covers all tuition and fees. Interest on unpaid balances will be assessed in addition to the late payment fee. Monthly Payment Plan Option The Monthly Payment Plan is a program intended to help students who are not able to pay their account in full by the tuition and fee deadline. Instead of one large payment, tuition and fees are broken down into equal monthly payments. Enrollment in a plan is available at the time of registration prior to beginning of each semester. See weber.edu/cashier for details about monthly payment plans. Personal Checks or eChecks Personal checks or eChecks returned by a financial institution for any reason are subject to a service charge and may result in the withholding of student records or dropping of courses. Delinquen t Accoun ts Students with unpaid tuition and fees, room and board, parking fines, or other fees due to the University will have a hold placed on their records until such obligations are paid in full. The hold will prevent the student from registering for future semesters, viewing transcripts or grades, delay graduation, and limit use of the Wildcard and certain student services. Unpaid accounts will be processed by University collections. In the event additional collection efforts become necessary, WSU may refer a past due account to an outside collection agency. All delinquent accounts are subject to collection fees, interest, plus all court costs and reasonable attorney fees. The collection agency and/or WSU will report delinquent accounts to a credit reporting agency. Third Party/Sponsored Payments Students are responsible for ensuring that appropriate documentation for third party/sponsored payments is submitted to the main cashier's office prior to the start of classes each semester. Students must comply with the terms of the agreement and verify that all tuition and fees changes are paid by the sponsor agreement. It is the student's responsibility to verify that any course or tuition and fee changes will be paid by the sponsor and that these changes are reported to the accounts receivable office for proper processing. If the sponsor does not provide funding by the end of the semester, the student will be responsible for payment of tuition and fees. The account will be considered delinquent if unpaid at the end of the semester. (See Delinquent Accounts above.) Contact 801-626-6263 for information on how to submit vouchers or contracts. Refunds and Reimbursements Student fees and course fees are refunded based on the University refund schedule. Late fees and withdrawal fees are nonrefundable. In most cases, if a credit card is used to pay for tuition and fees, refunds and residual funds will be credited to the credit card. All other refunds will be mailed to the student. Admission fees and recording fees are nonrefundable. Refunds for dropped courses will be processed after the third week of class. Refund schedule The refund (reduction in tuition and fee assessment) schedule for a 15 week course is as follows: 100% Prior to the first week of instruction 100% During the first week of school 70% During the second week of school 50% During the third week of school Please see the Tuition Refund Calculation examples on the next page. There is no refund after the first three weeks. See weber.edu/ca- shiers for refund schedule for courses that are less than 15 weeks, independent study, on-line courses, and other distance learning programs. Weber State University 2007 - 2008 Catalog