At the time of registration for any semester or term, every student is required to accept the Tarleton State University Financial Responsibility Agreement (Agreement), the terms of which follow below. If the Agreement is declined, registration will not be allowed.
Tarleton State University Financial Responsibility Agreement
I hereby agree to pay the balance of my tuition and fees, and other associated educational costs, including without limitation room and board, (Educational Debt) by one of the three options stated in this Agreement. I acknowledge that I will not receive a paper bill statement from Tarleton State University (University) and it is my responsibility to check my online student account via Texan Bill Pay for Educational Debt statements and balances, as well as the deadlines, and fee information. I further understand that payment is due immediately for schedule changes made after the payment deadline.
Acknowledgement
I also understand that failure to pay by one of the three options in this Agreement may result in cancellation of my classes. If courses are dropped for non-payment, a reinstatement fee as currently listed, and as may be amended in the future, on the University’s website will be charged if approved for reinstatement.
I understand that the University email address is the official method of communication by the University. It is my responsibility to check and responsibly manage my email account so that important information can be received. I understand that billing statements are available online, and my failure to receive a billing statement does not constitute a valid reason for not paying a bill in a timely manner. I understand that charges that result from my failure to pay on time are my financial responsibility.
I understand that my acceptance of this Agreement hereby authorizes the University and/or its authorized collection agencies to utilize any and all addresses, electronic addresses and current or any future number that I provide for my cellular phone or other wireless device using automated telephone dialing equipment or artificial or pre-recorded voice or text messages, to contact me in regards to my Educational Debt unless I notify such party in writing to cease such communication. I also agree that Business Services may disclose all contact information along with all relevant information to any outside collection agencies used for the collection of student account fees.
I understand that should I receive any financial aid (scholarships, federal loans, grants or stipends) prior to the payment due date of the Installment Plan or Short-Term Loan, that it will be applied toward any balance owed for the semester and if the applied financial aid is greater than the balance a refund will be issued for the difference. I also understand that refunds due from drops will be applied towards the balance owed.
I understand that it is my responsibility to submit to Business Services any third-party letter of credit or payment agreement at least one week prior to the payment deadline of the semester. I understand that if I drop or add classes, I need to notify Business Services of these changes. I understand that the University will apply an advance credit to my student account, based on the terms of the letter of credit, payment agreement, or service authorization and that the University will bill the third party after the census date of the semester. I further understand that I am responsible for any portion of my Educational Debt that is not paid by the third-party and any remaining balance is subject to the same payment deadlines and options as stated in PAYMENT OPTIONS 1 and 2 above. I understand that receipt of third-party benefits may affect my financial aid award and could result in an adjustment of the award.
I also understand that failure to meet the terms of this agreement may entitle the University to: (1) refuse subsequent registration for any classes and/or drop current classes, (2) withhold my diploma(s) from being released until the unpaid balance and other collection costs are paid in full, and (3) issue a State Warrant Hold which will prohibit the Texas Comptroller of Public Accounts’ from issuing any payments owed to me until the unpaid balance and other collection fees are paid in full.
I understand that if a check is returned unpaid, for any reason, by any banking institution, including electronic checks, I will be charged a returned check fee, as currently listed, and as may be amended in the future, on the University’s website. I also understand if I have a total of three checks written to the University, including electronic checks that have been returned unpaid, the University will no longer accept checks or electronic checks from me.
I understand that withdrawal refunds are determined by the total amount charged for the number of enrolled semester credit hours at the time of withdrawal. Withdrawal percentages are applied to the total amount of Educational Debt due for the semester as prescribed by state law, not the amount paid. I understand that it is my responsibility to formally notify the Registrar’s Office and to follow proper procedures when withdrawing from the University. Failure to pay Educational Debt, failure to accept or receive financial aid, failure to attend classes or refusing financial aid does not constitute an official withdrawal from the University. I understand that unless I withdraw completely from the University prior to the first official class day, I will be responsible for a percentage of the total tuition and mandatory fees assessed. Refunding of applicable tuition and fees for complete withdrawals will be made under the withdraw refund schedule.
I authorize the use of financial aid funds, and/or Title IV financial aid funds to pay for non-institutional charges (i.e. parking permits, parking fines, late fees, payment plan fees, etc.), which also constitute Educational Debt, that are posted to my student account. I also authorize the University to apply my current academic year excess Federal financial aid funds to pay toward a prior year balance due within the limits defined by Federal financial aid regulations. I understand that I may rescind this authorization for non-financial aid, non-institutional charges at any time by submitting written notice to Business Services.
I understand that if my student account becomes delinquent, I will be financially responsible to pay the University past due/service charges as a result of such delinquent student account. I further understand that if the University retains a collection agency and/or attorneys to collect amounts owed to the University, a collection fee will be assessed which may be based on a percent of the delinquent account balance , and I will also be liable for all reasonable attorney’s fees and costs and expenses incurred by the University in its collection efforts. I further understand that if I am placed with a collection agency, that agency may report my delinquent balance to any of the major credit bureaus.
I further understand that my student account and any Educational Debt charged thereto is considered by the University, an institution of higher education, to be an educational loan made to me to assist in the financing of my education, and therefore is not dischargeable under the United States Bankruptcy code.
I understand that the University is required to file a 1098-T for any individual (nonresident aliens exempted) whom the University bills, or receives payment of qualified tuition and related expenses during a calendar year. To issue a 1098-T for my tuition and related expenses, the University is required to request my tax payer identification number (TIN or SSN). I understand that the University has partnered with a third-party agency to distribute 1098-T tax documents and I am able to retrieve my tax information from their website. I agree to provide my Social Security number (SSN) or taxpayer identification number (TIN) to the University upon request as required by Internal Revenue Service (IRS) regulations for Form 1098-T reporting purposes. If I fail to provide my SSN or TIN, I agree to pay any and all IRS fines assessed as a result of my missing SSN/TIN. I consent to receive my annual IRS Form 1098-T, Tuition Statement, electronically from the University. I understand that I can withdraw this consent or request a paper copy by submitting my request to businessofc@tarleton.edu
I understand that a student who fails to make payment prior to the end of the semester may be denied credit for the work done that semester.
By clicking submit, I certify that I have read, understand, and agree to the terms and conditions of this Agreement.