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STATEMENT OF FINANCIAL RESPONSIBILITY


PAYMENT OF FEES / PROMISE TO PAY

I understand that when I enroll/register for any class at Michigan State University (MSU) or receive any service from MSU, I accept full responsibility to pay all tuition, fees, housing and other associated costs assessed as a result of my registration and/or receipt of services.

BILLING

I understand that MSU uses electronic billing (e-bill) as its official billing method, and therefore I am responsible for viewing and paying my student account e-bill by the scheduled due date. I further understand that failure to review my e-bill does not constitute a valid reason for not paying my bill on time. E-bill information is available on the Student Accounts web page. Finally, I understand that administrative, clerical or technical billing errors do not absolve me of my financial responsibility to pay the correct amount of tuition, fees and other associated financial obligations assessed as a result of my enrollment and registration at MSU.

PAST DUE AND DELINQUENT ACCOUNT / COLLECTIONS

Financial Hold: I understand and agree that if I fail to pay my student account bill or any monies due and owing MSU by the scheduled due date, MSU will place a financial hold on my student account, which may prevent me from making schedule changes, enrolling for future classes, requesting transcripts, or receiving my diploma.

Late Payment Charge: I understand and agree that if I fail to pay my student account bill or any monies due and owing MSU by the scheduled due date, MSU will assess late payment and/or finance charges in accordance with set rates detailed on the Student Accounts web site until my past due account is paid in full.

Collections: I understand and accept that if I fail to pay my student account bill or any monies due and owing MSU by the scheduled due date, and fail to make acceptable payment arrangements to bring my account current, my delinquent account may be reported to one or more of the national credit bureaus. I further understand that MSU may refer my delinquent account to a collection agency. I understand that I may be held responsible for paying reasonable collection agency and attorney’s fees, together with any other associated costs and expenses necessary for the collection of my delinquent account.

RETURNED PAYMENTS/FAILED PAYMENT AGREEMENTS

If a payment made to my student account is returned by the bank for any reason, I agree to repay the original amount of the payment plus a returned payment fee. I understand that multiple returned payments and/or failure to comply with the terms of any payment plan or agreement I sign with at MSU may result in cancellation of my classes and/or suspension of my eligibility to register for future classes at MSU.

FEDERAL AID

I understand that any federal Title IV financial aid that I receive, except for Federal Work Study wages, will first be applied to any outstanding balance on my account for tuition, fees, room and board. Title IV financial aid includes aid from the Pell Grant, Supplemental Educational Opportunity Grant (SEOG), Direct Loan, PLUS Loan, Perkins Loan, and TEACH Grant programs. I authorize MSU to apply my Title IV financial aid to other charges assessed to my student account such as printing services, ID replacement charges, fitness passes, books and supplies, service fees and fines, and any other education related charges and may be applied to prior semester debts (amount limited by federal regulation). I further understand that this authorization will remain in effect until I rescind it and that I may withdraw it at any time by following the instructions on the Student Accounts web page.

PRIZES. AWARDS, SCHOLARSHIPS, GRANTS

I understand that all prizes, awards, scholarships, and grants awarded to me by MSU will be credited to my student account and applied toward any outstanding balance. I further understand that my receipt of a prize, award, scholarship, or grant is considered a financial resource according to federal Title IV financial aid regulations, and may therefore reduce my eligibility for other federal and/or state financial aid (i.e., loans, grants, Federal Work Study) which, if already disbursed to my student account, must be reversed and returned to the aid source.

IRS FORM 1098-T

I agree to provide my Social Security number (SSN) or taxpayer identification number (TIN) to MSU 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 to MSU, I agree to pay any and all IRS fines assessed as a result of my missing SSN/TIN.

I understand and accept that my annual IRS Form 1098-T, Tuition Statement, will be provided to me electronically from MSU. I understand that I may request a paper copy by contacting the Student Accounts Office at Student.Receivables@ctlr.msu.edu.

COMMUNICATION

I understand and agree that MSU uses email as an official method of communication with me, and that therefore I am responsible for reading the emails I receive from MSU on a timely basis. Further, I understand and agree that I am responsible for keeping MSU records up to date with my current physical addresses, email addresses, and phone numbers. Upon leaving MSU for any reason, it is my responsibility to provide MSU with updated contact information for purposes of continued communication regarding any amounts that remain due and owing to MSU. Finally, I authorize MSU and its agents and contractors to contact me at my current and any future cellular phone number(s), email address(es) or wireless device(s) regarding my student account(s)/loan(s), any other debt I owe to MSU or to receive general information from MSU. These contacts may be made by automated telephone dialing systems, emails, text messages or personal calls regarding my obligation to repay any debt I owe the University. I understand that I may withdraw my consent to call my cellular phone by submitting my request in writing to the Student Accounts Office or in writing to the applicable contractor or agent contacting me on behalf of MSU.

I agree and accept these terms and conditions.


QUICK LINKS
OFFICE ADDRESS
Hannah Administration
426 Auditorium Road
Room 140
East Lansing, MI 48824
Office Hours: M-F 8-4:45
Phone hours: M-Th 8-4:45
F 9-4:45
Cashier Hours M-F 8:30-4:30
OFFICE CONTACTS
Student Receivables
Phone: 517-355-3343
Toll Free: 800-775-4323
student.receivables
   @ctlr.msu.edu
Student Fees, Sponsored
Aid and Fellowships
Phone: 517-355-5050
student.accounts
   @ctlr.msu.edu
Short Term Loans
Phone: 517-355-3340
Fax: 517-353-9640
Michigan State University