Common use of Payments and Charges Clause in Contracts

Payments and Charges. a. University Housing charges will be included on your University fee statement. You will be assessed for the entire semester charge prior to the start of the semester. Payment is due according to University tuition and fee payment schedules. If payment is not made by the due date, a late payment charge (“Late Payment Charge”) will be assessed according to University schedules. If a Late Payment Charge has been assessed, a hold may be placed on your University record for outstanding charges and you will be unable to register, graduate with your diploma, and/or receive an official transcript or refunds until your University Account is brought current and all payments and fees due are paid. b. Failure to receive a statement or notice does not relieve you of the responsibility to pay on or before the due dates. c. If you fail to pay on a timely basis, you may have your license to use University Housing revoked, and you may be denied a future University Housing Contract. d. If you withdraw from or are dismissed from the University or University Housing for any reason during the contract period, including enforced scholastic withdrawal, you will pay all charges accrued under this Contract until you check out pursuant to Section VII, plus $900.00 in liquidated damages, to cover costs the University will incur and/or losses the University may suffer as a result of the withdrawal or dismissal (“Liquidated Damages Charge”). e. The $100 application fee which accompanied your University Housing application is non- refundable. • A Student with a financial hardship waiver may defer payment of the fee until the beginning of the initial term associated with this Contract. • If the fee is deferred, University Housing will post a $100 charge to Student’s account to correspond with the start of the term and the potential dispersal of available financial aid. • Student is responsible for paying the deferred non-refundable application fee even if Student fails to complete the application process, fails to enroll or withdraws from University, or is approved for a contract release prior to the start of the term and the dispersal of available financial aid. f. You agree to pay all expenses incurred by the University in collecting the amounts due under this Contract, including collection fees up to a maximum of 33⅓% of the amount due plus attorney’s fees, court costs, and other costs.

Appears in 2 contracts

Samples: University Housing Contract, University Housing Contract

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Payments and Charges. a. University Housing charges will be included on your University fee statement. You will be assessed for the entire semester charge prior to the start of the semester. Payment is due according to University tuition and fee payment schedules. If payment is not made by the due date, a late payment charge (“Late Payment Charge”) will be assessed according to University schedules. If a Late Payment Charge has been assessed, a hold may be placed on your University record for outstanding charges and you will be unable to register, graduate with your diploma, and/or receive an official transcript or refunds until your University Account is brought current and all payments and fees due are paid. b. Failure to receive a statement or notice does not relieve you of the responsibility to pay on or before the due dates. c. If you fail to pay on a timely basis, you may have your license to use University Housing revoked, and you may be denied a future University Housing Contract. d. If you fail to enroll, withdraw from or are dismissed from the University or University Housing for any reason during the contract period, including enforced scholastic withdrawal, you will pay all charges accrued under this Contract until you check out pursuant to Section VII, plus $900.00 in liquidated damages, to cover costs the University will incur and/or losses the University may suffer as a result of the withdrawal or dismissal (“Liquidated Damages Charge”). e. The $100 application fee which accompanied your University Housing application is non- refundable. • A Student with a financial hardship waiver may defer payment of the fee until the beginning of the initial term associated with this Contract. • If the fee is deferred, University Housing will post a $100 charge to Student’s account to correspond with the start of the term and the potential dispersal of available financial aid. • Student is responsible for paying the deferred non-refundable application fee even if Student fails to complete the application process, fails to enroll or withdraws from University, or is approved for a contract release prior to the start of the term and the dispersal of available financial aid. f. You agree to pay all expenses incurred by the University in collecting the amounts due under this Contract, including collection fees up to a maximum of 33⅓% of the amount due plus attorney’s fees, court costs, and other costs.

Appears in 1 contract

Samples: University Housing Contract

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Payments and Charges. a. University Housing charges will be included on your University fee statement. You will be assessed for the entire semester charge prior to the start of the semester. Payment is due according to University tuition and fee payment schedules. If payment is not made by the due date, a late payment charge (“Late Payment Charge”) will be assessed according to University schedules. If a Late Payment Charge has been assessed, a hold may be placed on your University record for outstanding charges and you will be unable to register, graduate with your diploma, and/or receive an official transcript or refunds until your University Account is brought current and all payments and fees due are paid. b. Failure to receive a statement or notice does not relieve you of the responsibility to pay on or before the due dates. c. If you fail to pay on a timely basis, you may have your license to use University Housing revoked, and you may be denied a future University Housing Contract. d. If you withdraw from or are dismissed from the University or University Housing for any reason during the contract period, including enforced scholastic withdrawal, you will pay all charges accrued under this Contract until you check out pursuant to Section VII, plus $900.00 in liquidated damages, to cover costs the University will incur and/or losses the University may suffer as a result of the withdrawal or dismissal (“Liquidated Damages Charge”). e. The $100 application fee which accompanied your University Housing application is non- refundable. • A Student with a financial hardship waiver may defer payment of the fee until the beginning of the initial term associated with this Contract. • If the fee is deferred, University Housing will post a $100 charge to Student’s account to correspond with the start of the term and the potential dispersal of available financial aid. • Student is responsible for paying the deferred non-refundable application fee even if Student fails to complete the application process, fails to enroll or withdraws from University, or is approved for a contract release prior to the start of the term and the dispersal of available financial aid. f. You agree to pay all expenses incurred by the University in collecting the amounts due under this Contract, including collection fees up to a maximum of 33⅓% of the amount due plus attorney’s fees, court costs, and other costs.

Appears in 1 contract

Samples: University Housing Contract

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