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.
Option 1
I may choose to pay in full by personal funds (credit or debit card, cash, paper or electronic check, or money order), sponsored third party payments, or use financial aid to pay my balance in FULL on or before the payment due date established by the University.
- I understand that any changes in my class schedule may affect my charges.
- If I add a class or change classes, I will pay/and or use financial aid to pay the FULL amount due for the changes made on or prior to the last day of late registration as stated in the academic calendar.
- Failure to pay in full will constitute acceptance of the Installment Payment Option listed under OPTION 2.
Option 2
I may choose to pay my balance on an Installment Payment Option. The University offers Installment Payment Options for the Fall, Spring, and Summer terms. By doing so I agree:
- Depending on which payment plan I select, I agree to pay and/or use my financial aid award to pay my installments until my financial aid is exhausted or. to allow my financial aid award to be subtracted from my total charges and then determine my installment amounts.
- I will pay the installment payments on or before the due date specified for each installment.
- I understand that INSTALLMENT AMOUNTS, INCLUDING SCHEDULED PAYMENTS, MAY CHANGE over time to account for any new charges, payments, or financial aid adjustments.
- If I add a class or my room and board increases, I must pay the minimum amount due and that payment must be made prior to the last day of late registration as stated in the academic calendar. The Installment Payment Plan will recalculate within 24 hours of the change and an email will be sent to the University email address to notify me of the changes. I can also contact Business Services to have them manually recalculate the amount due immediately after the addition in hours or the room and board change is completed.
- I also agree to pay the non-refundable payment plan fee as currently listed, and as may be amended in the future, on the University’s website and that it will be calculated into my installment payments.
- I understand that a late fee, as currently listed, and as may be amended in the future, on the University’s website will be assessed for each installment payment that is late.
- I understand that I must enroll for this option online through Texan Bill Pay via myGateway and that the entire first payment must be made on or before the payment deadline or at the time of enrollment in the plan
I acknowledge that by signing this Agreement, the University, has the right to enroll me in the Installment Payment Option for the current term should I make the minimum required payment, but fail to complete the online enrollment process through Texan Bill Pay via myGateway.
Option 3
Short-Term Loan Program – I may choose to borrow from the Short-Term Loan program for Educational Debt. Short-term loan funds at the University were established to provide assistance to students who experience temporary financial difficulty in connection with educational or educational related expenses. These loans must be repaid with interest and/or service charge(s) within a prescribed repayment period. I understand that a late fee as currently listed, and as may be amended in the future, on the University’s website will be assessed if the loan is not paid by the due date. It is not the intent of this program to supplement or replace any regular long-term aid or assistance offered by the Student Financial Aid Office. Short-term loans are available while school is in session. Short-term loans will be applied to the first installment of the Installment Payment Option for the current term and require enrollment in an Installment Payment option. Short-Term Loan applications are located in myGateway by selecting the Online Services and Financial Aid tab.
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 or 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 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 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.