Policy Number: 6.210

Policy Name: Student Accounts Receivable

Original Adoption: June 27, 2007

Revised: August 2016

Next Scheduled Review: August 2020

Responsible Cabinet Member: Vice President for Finance and Administration

Department/Office: Business Office


BACKGROUND/HISTORY

This policy addresses how payments are received from students and how nonpayment is managed.

SCOPE

This policy applies to all students who incur charges at NPC.

AUTHORITY

NPC Board of Trustees

DEFINITIONS POLICY STATEMENT

Students are required to pay for all required tuition, fees, books and related charges before the first day of class for the semester they are enrolled. If a student does not qualify for financial aid, and cannot afford to pay his/her balance in full at the time of registration, he/she will be directed to a student financial staff member to discuss payment options. Acceptable payment options include cash, check, credit card, online payment plans through Nelnet Business Solutions, and (under limited circumstances) in-house payment plans managed by the student financial team. Outstanding balances block students from future enrollment and put a hold on their accounts which prevents the issuance of official transcripts.

RESPONSIBILITIES

The Vice President of Finance and Administration, Controller and student accounts staff are responsible for the management of Student Accounts Receivable.

PROCEDURES/RELATED DOCUMENTS AND FORMS