Common use of Financial Obligation Clause in Contracts

Financial Obligation. The University reserves the right to adjust tuition rates and fees. Tuition rates and fees are subject to change with at least ninety (90) days’ notice to students. You are signing this agreement before formal evaluation or acceptance of transfer credit(s). The total cost of tuition and fees’ charges may increase or decrease based on the number of the actual number of courses and credits required to complete the full degree program. Accepted and applied transfer credits may decrease total tuition by the cost per credit hour stated above. I understand that I am personally responsible for all tuition, fees and other charges arising from and during my enrollment at SIU. I understand that it is my personal obligation to pay all tuition, fees and other charges when due. If I do not pay the full amount of any scheduled payment when that payment is due, I may not be permitted to continue my studies. If I am not able to continue my studies, I understand that I am responsible for any outstanding tuition, fees, or other charges due in accordance with the University’s refund policy. I understand that my “official” academic transcript will not be released to me or to any other party requesting my “official” transcript if there is a balance due to the University. In addition, if I choose to re-enroll at SIU, I must satisfy any outstanding tuition, fees, or other charges prior to my re-enrollment. I understand that any student financial assistance made available to me may not completely cover my tuition, fees, and other charges, and I understand that any tuition, fees, and other charges not paid by financial assistance is my personal financial obligation.

Financial Obligation. The University reserves the right to adjust tuition rates and fees. Tuition rates and fees are subject to change with at least ninety (90) days’ notice to students. You are signing this agreement before formal evaluation or acceptance of transfer credit(s). The total cost of tuition and fees’ charges may increase or decrease based on the number of the actual number of courses and credits required to complete the full degree program. Accepted and applied transfer credits may decrease total tuition by the cost per credit hour stated above. I understand that I am personally responsible for all tuition, fees and other charges arising from and during my enrollment at SIUatSIU. I understand that it is my personal obligation to pay all tuition, fees and other charges when due. If I do not pay the full amount of any scheduled payment when that payment is due, I may not be permitted to continue my studies. If I am not able to continue my studies, I understand that I am responsible for any outstanding tuition, fees, or other charges due in accordance with the University’s refund policy. I understand that my “official” academic transcript will not be released to me or to any other party requesting my “official” transcript if there is a balance due to the University. In addition, if I choose to re-enroll at SIU, I must satisfy any outstanding tuition, fees, or other charges prior to my re-enrollment. I understand that any student financial assistance made available to me may not completely cover my tuition, fees, and other charges, and I understand that any tuition, fees, and other charges not paid by financial assistance is my personal financial obligation.