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Tuition & Fee Pmt Due Date and Registration Cancellation Process

Tuition & Fee Pmt Due Date and Registration Cancellation Process. POLICY & PROCEDURE. Policy & Procedures. Policy supporting DFNP 5.12 Tuition and Fee Due Dates, Refunds, Withdrawals, and Waivers, effective August 15, 2006 http://www.mnscu.edu/board/policy/512.html Draft Procedure

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Tuition & Fee Pmt Due Date and Registration Cancellation Process

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  1. Tuition & Fee Pmt Due DateandRegistration Cancellation Process POLICY & PROCEDURE

  2. Policy & Procedures • Policy supporting DFNP • 5.12 Tuition and Fee Due Dates, Refunds, Withdrawals, and Waivers, effective August 15, 2006 • http://www.mnscu.edu/board/policy/512.html • Draft Procedure • 5.12.3 Dropping Students for Nonpayment • http://www.chancellor.mnscu.edu/policyreview/index.html • For more Finance BPAC Information http://www.finance.mnscu.edu/bpac-projects/index.html

  3. Part 2. Policy Statement • Subpart A. Tuition and Fee Due DateColleges or universities shall establish a due date for final payment of tuition and fees. Colleges and universities shall drop all classes for students who have not paid in full, do not have a financial aid deferment, or have not established a payment plan. Colleges and universities shall grant an extension of the payment due date for students who have filed and are awaiting properly approved financial aid from federal, state or other third-party sources. The president or designee may grant short-term tuition and fee payment deferrals in cases where, due to exceptional circumstances, a student needs additional time to arrange third-party financing or otherwise satisfy a tuition and fee balance due. Deferrals must document the reason for and time duration of the deferral and must be signed by the president or designee.

  4. Procedure 5.12.3 Effective 8/16/06States in part ……. Requires that tuition and fees be paid in full, as defined within the procedure (e.g., payment plans, financial aid and other non-immediate payment options), no later than five business days after each term's first day of class. Students who do not meet the "paid in full" test shall be have their courses cancelled. The "no later than" language allows colleges and universities to set an earlier date. to Next ppt

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