Common use of Rates and Payments Clause in Contracts

Rates and Payments. 4.1. Any University Dining meal plan charges are billed to your bursar account in full on the first billing statement of the semester. In an effort to assist you in meeting your financial obligations, Oklahoma State University offers an in-house administered Payment Option Plan (POP) as an alternative to the traditional lump-sum payment method. This plan provides an opportunity for families and students to pay University-billed expenses in regular monthly installments either by the semester or annually. No finance charges are associated with the Payment Option Plan or enrollment holds incurred if payments are made as promised. Visit the following link for the POP application: University Bursar - Payment Option Plan 4.2. Any late payment is subject to Bursar department policies and procedures. An enrollment and/or charging hold may be placed on your official University record if your account remains delinquent. 4.3. University Dining Services meal plan rates are set annually and are subject to change.