Payment Plan Policy

PDF Download

Steward
Vice President of Finance and Facilities
Category
Finance
Effective date
March 1, 2005
Last content update
March 1, 2005

Purpose

The College shall provide payment plans for students allowing them to pay tuition and fees after the tuition and fee payment due date as authorized by board policies and system procedures.

Policy

Minnesota State Community and Technical College shall allow students to pay their tuition and fees over the course of the semester by entering into an approved payment plan offered by the college in accordance with Minnesota State system Board Policy 5.12 Tuition and Fee Due Dates, Refunds, Withdrawals and Waivers. The student will be charged the approved college fee.

Responsibility

President

Establish rates in accordance with board policy and system procedures.

Vice President of Finance and Facilities

Ensure that payment plan policy is implemented.

Central Accounts Receivable

Ensure that payment plans and fee rates are offered and charged as approved by the College in accordance with board policy.

Associate Policies and Procedures

Minnesota State system Board Policy 5.11 Tuition and Fees

Minnesota State system Board Policy 5.12 Tuition and Fee Due Dates, Refunds, Withdrawals and Waivers

Minnesota State system Procedure 5.12.5 Payment Plans

Payment Plan Procedure DIN 7100-03-.03.8

Next scheduled review