The Word - 2007
Financial Obligations
Students must have their student account balances settled by the published dates. If settlement is made after the enrollment deadlines, a late fee may be assessed. An account balance that is unpaid for more than 30 days will be assessed a penalty charge of 1.25 percent per month. The University's Student Accounts Receivable Collection Policy and Procedures can be accessed through the University policy page at http://cmu.edu/policies/documents/Collection.html.
To help students and parents meet the costs of education, a tuition payment plan is available. The Tuition Payment Plan is a ten-month plan (July-April), administered by Tuition Management Systems (TMS). Details can be obtained by calling 1-888-572-8985 or by visiting the TMS website (cmu.edu/hub/sa/sa_plan.html).
Students will not receive academic transcripts or their diploma until all financial obligations to the University have been met. These obligations include tuition, fees, housing, food service, student health insurance, library or parking fines, or any other charges due the University.
Students should also understand that they will be financially and academically accountable for courses they attend and/or for which they are enrolled. Enrollment in a course that is not actively taken or, contrarily, the taking of a course for which enrollment has not been completed, will result in the assignment of a grade and responsibility for applicable tuition charges.