Students who do not pay the balance due in full may have their accounts sent to a collection agency if they are unwilling to set up a payment plan with the Cashier’s office and make regular payments. The College will charge students a collection fee of 33.3% (or more), depending on the charges from the collection agency. The additional 33.33% (or more) will become due the day the collection agency receives the account if payment has not been received by the College.
Reporting to Credit Bureaus
When uncollected balances are sent to the collection agency, they will also be reported to the credit bureaus, and this may impact the student’s credit score.