Tuition and Fee Agreement andDisclosure
The payment of all tuition, fees and charges becomes an obligation of the student upon registration at the 91PORN (“university”). By agreeing to these terms and conditions, I authorize the university to add to my account all tuition and fees, as determinedby the Board of Regents in accordance with the level of cash fund appropriations set for the university by the Colorado General Assembly.I further understand and agree that my registration and acceptance of these terms constitutes a promissory note agreement (i.e., a financial obligation in the form of an educational loan as defined by U.S. Bankruptcy Code 11 U.S.C.§523(a)(8)) in which the university is providing me educational services, deferring some or all of my payment obligation for those servicesand I promise to pay for all assessed tuition, fees and other associated costs by the published or assigned due date.
Except for programs where payment is required before or upon enrollment as described below (see also Special Programs on the Bursar’s Office website), I understand that my bill will be made available online and I will be sent notification of its availability at my university (@colorado.edu) email address. If I do not receive an email notification, I agree that I am still responsible for payment. See Billing on the Bursar’s Office website for specific dates and deadlines each semester.
I understand that I am registering for educational courses at the university. I hereby acknowledge and agree that I am fully responsible for the cost and expense of all tuition, fees and other related educational expenses associated with my receipt of educational services at the university. I am responsible for reviewing the current tuition and fee charges on my student account, accessible via the student portal. Tuition and fees are subject to change every term or at any time.
If I expect financial aid to pay all or part of my financial obligation to the university, I understand that it is my responsibility to meet all requirements for disbursement to my student account. It is my responsibility to ensure that all requirements of grantors, lenders, employers and other third-party payers are met on a timely basis. I understand that if my financial aid is reduced or canceled due to not meeting eligibility requirements, I am responsible for paying back to the university any amounts that I am not eligible for under applicable financial aid guidelines. I understand that some programs may not be eligible for financial aid.
I understand that I may have the option to pay my tuition bill over a period of time by enrolling in a payment planif I am eligible. (Payment plans are not available for some programs.) If I am eligible and choose to enroll in a payment plan, the following terms apply:
Payments must be made through electronic funds transfer (ACH*) from a regular checking or savings account, or automatic debit from a credit/debit card. (A nonrefundable 2.85% service fee applies to each credit/debit card transaction.)
- An enrollment fee of $30applies, depending on the plan.
- A $30 returned payment fee applies to returned payment plan payments.
- The amounts I need to pay may change due to recalculations resulting from changes to my bill, such as adding or dropping classes, tuition waivers, financial aid, etc. If this occurs, I understand and agree to take action to rebalance my payment plan by logging in to the student portal and following the on-screen instructions.
- I agree to abide by the Terms and Conditions of the Payment Plan Agreement if I choose to enroll.
For more information, visit Payment Plans. If I do not pay an installment by the deadline, I may be assessed a late payment charge as described below (see also Paying Late on the Bursar’s Office website) and a one percent (1%) per month finance charge on the unpaid balance.
I understand that if I or my authorized payer enroll in a payment plan, I am responsible for any unpaid balance on my student account if an authorized payer and/or plan owner fails to honor the terms and conditions of the Payment Plan Agreement.
*An ACH is an electronic funds transfer made between banks, credit unions and institutions across what is called the Automated Clearing House network.
I understand that I may be assessed a $20 fee for each payment returned (regardless of the amount). A $30 returned payment fee applies to returned payment plan payments. In addition, I may be assessed a late payment charge as described below (see also Paying Late on the Bursar’s Office website), and a one percent (1%) finance charge monthly on the unpaid balance. I may be required to use certified funds to make payments.
I understand that the university will review credit card chargeback transactions on a case-by-case basis. I hereby acknowledge that, as a result of a credit card chargeback, I may be subject to adverse enrollment action and may be assessed additional fees and associated costs.
I understand that if I do not officially withdraw from registered courses by published deadlines, I will be responsible for paying all or part of tuition and fees based on the date that I officially withdraw. I may incur additional charges, including but not limited to, room, board and other departmental or university fees. See Withdraw from the Semester on the Office of the Registrar’s website for details. I understand that it is my responsibility to know and honor the deadlines that apply to my particular program.
If I do not make the required payment on time and if my student account becomes past due, I will pay one late payment charge per semester (according to the table below) and a monthly finance charge of one percent (1%) on the unpaid balance of my tuition and fees. The university will calculate the finance charge by applying the periodic rate of one percent (1%) per month (Annual Percentage Rate of 12%) to the unpaid balance amount minus any payments or credits made in accordance with applicable law. I understand that I can avoid being assessed late and finance charges by paying my bills on time (by the published due date).
Late Payment Charge Table
Balance Due | Late Charge |
---|---|
$10 - 99.99 | $5 |
$100 - 299.99 | $10 |
$300 - 499.99 | $20 |
$500 - 699.99 | $30 |
$700 - 899.99 | $40 |
$900 and over | $50 |
Students who owe a past due outstanding balance may request and receive transcripts, diplomas, or certification materials under the following circumstances:
- if it is for a job application;
- transferring to another postsecondary institution;
- applying for state, federal, or institutional financial aid;
- pursuit of opportunities in the military; or
- pursuit of other postsecondary opportunities.
Students who owe a past due outstanding balance may be prevented from enrolling in classes. I understand that I can check for a past due outstanding balance in the student portal at any time before I attempt to enroll in classes. I understand that I will need to pay the outstanding balance in full before I can enroll in and pay for more classes. My payment may be applied to the oldest charges first. If this results in an overpayment, I may receive a refund, and if/when future charges occur, I am responsible for paying those on time.
I understand that if I fail to pay the total amount due for all charges, I am subject to the following consequences:
- Registration for future terms will not be allowed.
- My past due account may be referred to the university’s Student Debt Management Department and/or a private agency for collection.
- If my account is referred to a private collection agency, the delinquency may be reported to national credit bureaus.
- If my account is referred to a private collection agency, I agree to reimburse the university for collection agency costs, expenses and fees incurred by the university in such collection efforts in accordance with Colorado Revised Statute (C.R.S.) §23-5-113; and, I understand that such collection costs, expenses and fees may include fees charged to the university by the collection agency, including percentage-based fees of up to 30 percent (30%) of the