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Finance Charges

Account statements are mailed between the 17th and 21st of each month if there is a balance due on the account. The due date of any bill is the 12th of the following month. A finance charge of 1% per month is assessed against the unpaid balance from the previous billing statement. Payments must be received by 4:00 p.m. on the 12th to prevent a finance charge. Estimated financial aid is temporarily applied to your account to defer assessment of finance charges on the portion of your account to be paid by financial aid. If your aid is cancelled before the 12th of the month, you will have a finance charge assessed on the balance on the billing statement plus the amount of the aid removed.
 
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