Student Handbook 2019-2020 | Page 43

The act of registering for a class creates an obligation to pay. Payment in full is due by the first day of the term. Students who do not have a payment method in place by the due date, will have a “hold” placed on their student account preventing further registration, exchange of classes, processing of program applications, testing, or release of grades and transcripts until tuition and fees are paid. Students are responsible for all additional fees assessed resulting from a past due balance. My.Financials is an online student bill payment portal which allows students and authorized users to view electronic bills (eBills), make online payments, and better manage their student accounts and payment plans. My.Financials is available online anytime – 7 days a week, 24 hours a day. Students can access My.Financials, by logging into their my.NWTC account, click on Student Finance and My.Financials. All students are required to log into their My.Financials accounts to view their eBill statements. Each time a new eBill statement is made available, an email is automatically sent to the student’s NWTC campus email. Payment options: • Cash/Check/Money Orders: Payments can be made at any NWTC campus location. Checks and money orders are to be made payable to NWTC and can be paid at any campus location or mailed to NWTC. Student ID numbers must be included on the check or money order. • Credit Card: Payments can be made at any NWTC campus location, by phone, or online through My.Financials. Discover, MasterCard, and Visa are accepted. There is a non-refundable 2.85% ($3.00 minimum) convenience fee charge for payments made on tuition and fees posted on the student’s NWTC account when paying with a credit/debit card. Any credit card payments returned with a failed credit card authorization will be assessed a $25.00 fee. • eCheck: eCheck payment is available through My.Financials. The eCheck payment process will require a bank routing number and account number. Payments can be made from a checking or savings bank account. Payments returned by the bank will be assessed a $25.00 NSF fee (non-sufficient funds). • NWTC Payment Plan: NWTC Payment Plans are available to help divide a student’s tuition and books into monthly installments due within each semester. To enroll online for a NWTC Payment Plan, a student must have a minimum tuition balance of $100.00 within the semester. There is a non- refundable $30.00 set up fee per semester which will be rolled into the payment plan and will be calculated into the monthly installments. A student’s NWTC account must be in good standing with the College. A student must enroll online into the payment plan each semester by logging online to their my.NWTC account, under Student Finances, select My.Financials. Payments are automatically deducted from a student’s credit/debit card or bank account. There is a $25 fee for any returned payment, such as NSF (non-sufficient funds) or failed credit card authorization. All communications regarding a student’s payment plan will be sent through the student’s NWTC campus email account. It is important for a student to know their total current balance to help with understanding their monthly installments due. Non-tuition fees (such as library fines, locker fees, etc.) are not covered by the payment plan. Changes to class enrollments (adding/dropping classes), account balances (increase or decrease of account balances), or any other adjustments made on funding may affect the payment plan; adjusting the monthly installments due. It is highly recommended students log into their My.Financials to help them better manage their payment plan. • Agency Authorization: To defer tuition, books, and fees to a third-party organization or agency will require a signed Authorization to Bill form filled out by the agency. To obtain the Authorization to Bill form, please visit Student Financial Services at www.nwtc.edu/payingforcollege. • Financial Aid: For more information, please visit Financial Aid at www.nwtc.edu/financialaid. • Scholarships: For more information, please visit NWTC Educational Foundation at www.nwtc.edu/scholarships. • Military Benefits: For more information, please visit our Veterans Benefits page at www.nwtc.edu/payingforcollege. NWTC requires all students who register for classes and do not pay in full at the time of registration to sign the Payment Agreement online through the students’ my. NWTC account. A hold will be placed on student accounts preventing further registration and/or exchange of classes until this requirement is complete. The Student Finance Office will refer students with unpaid, past due account balances to an outside collection agency for further recovery. The following information may be released to the College’s collection agent/s