Responsibility Agreement

MIDWESTERN STATE UNIVERSITY

STUDENT FINANCIAL RESPONSIBILITY AGREEMENT 

You, as a Midwestern State University student, acknowledge that enrolling for courses at MSU constitutes a financial obligation to the University. You understand that it is your responsibility to withdraw from the University by contacting the Dean of Students’ Office, prior to the first official University class day for any semester or term to avoid financial obligation.

Withdrawal Information

        NOTE:  Dropping courses or withdrawing from the university does not relieve a student of their financial obligation to the university for any unpaid charges (including financial aid adjustments) incurred for the related semester or term.  The university will submit for collection any delinquent balance. An additional 30% will be added to the balance for collection charges.

Midwestern State University offers several payment options to satisfy the balance of tuition and fees.

PAYMENT OPTIONS

OPTION 1 -- You may choose to pay and/or use financial aid to pay your balance in FULL prior to the first day of classes for any semester or term. 

You, the student, understand that: 

Changes in a schedule may affect charges. If a class is added, the student will pay and/or use financial aid to pay the FULL amount due for the added class on or prior to the last day of late registration as stated in the academic calendar. 

OPTION 2 -- You may choose to pay your balance using the Installment Plan for the fall, spring, or summer terms.  

By doing so you understand that: 

You must enroll for this option online by accessing www.mwsu.edu/onlinepayments. The entire required down payment must be made prior to, or at the time of, enrollment in the plan.

Financial Aid awards will be calculated towards the terms of the plan at the time of enrollment. 

There is a $22.50 payment plan setup fee that will be calculated between the second and third payment dates.

A $30 late fee will be assessed for each late payment.

The remaining balance will be due in 2 installment payments (Fall or Spring) or 1 installment payment (Summer) on or before the due date specified for each installment.  

Installment amounts may change for any new charges, payments, or financial aid adjustments.

OPTION 3 -- You may petition the Business Office to apply for and be approved for an Emergency Tuition and Fee Loan for Fall, Spring, or Summer terms.

By doing so you understand that:

You, the student, must visit the Business Office to apply for the Emergency Tuition and Fee loan.

You, the student, are aware that the Emergency Tuition and Fee loan is a legal binding document. This agreement must be satisfied before grades or transcript requests will be released.

Financial aid awards will be calculated towards the terms of the plan at the time of enrollment. 

There is a $22.50 payment plan setup fee and a 1% convenience charge that will be calculated between the first and second payment dates.          

The fees stated in this Agreement are subject to change without prior notice.

The remaining balance will be due in 2 payments (Fall or Spring) OR 1 payment (Summer) on or before the due date specified for each payment.  

A $30 late fee will be assessed for each late payment.

Emergency Tuition and Fee loan amounts may change for any new charges, payments, or financial aid adjustments.

Satisfaction of the minimum payment requirement, whether by personal payment, financial aid or emergency loan, must be completed before the established payment deadline as stated in the academic calendar for any semester or term.

If credit hours are increased after enrolling in the payment plan, tuition must be paid for the added classes in full OR you, the student, must contact the Business Office at (940) 397-4101, to determine and pay the minimum amount due and that payment must be made on or before the last day of late registration as stated in the academic calendar.

A student who fails to make full payment of tuition and fees, including any incidental fees, by the due date may be prohibited from registering for future classes until full payment is made. A student who fails to make payment prior to the end of the semester may be denied credit for the work done that semester.

THIRD PARTY BILLING

You, the student, understand that:
It is your responsibility to submit to the Business Office any third party letter of credit or payment agreement at least one week prior to the beginning of a semester or term. 

The University will apply advance credit to the student account, based on the terms of the letter/agreement. 

The University will bill the third party after the last day to add/ drop classes.

The student is responsible for any portion of charges that are not paid by the third party. The balance must be satisfied before registering for future semesters or receiving official university documents. 

Receipt of third party benefits may affect financial aid award and could result in an adjustment of the award. 

ADDITIONAL ACKNOWLEDGEMENT

You, the student, understand that:
The University will turn over for collection any delinquent balance and that an additional 30% will be added to the balance for collection charges.   

That the student account is considered by MIDWESTERN STATE UNIVERSITY, a non-profit institution of higher learning, 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.