Financial Responsibility Agreement
Prior to registration each term, all students must agree to the Financial Responsibility Agreement, which will be displayed in Academica. The Financial Responsibility Agreement acknowledges the student's understanding that course registration creates a financial obligation to pay the resulting tuition, fees, penalties and any other associated charges to Wayne State University by the published due date(s). Payments not received by the due date(s) are subjected to collection, attorney and litigation costs, which also become a financial obligation of the student.
The following Financial Terms and Conditions must be read and acknowledged on the self-service registration page in order to proceed with registration.
Payment of Fees/Promise to Pay Wayne State University
I understand that when I register for any classes at Wayne State University or receive any service from Wayne State University I accept full responsibility to pay all tuition, fees and other associated costs assessed as a result of my registration and/or receipt of services. I further understand and agree that my registration and acceptance of these terms constitutes a promissory note agreement (i.e., a financial obligation in the form of an educational loan as defined by the U.S. Bankruptcy Code 11 U.S.C. §523(a)(8) in which Wayne State University is providing me educational services, deferring some or all of my payment obligation for those services, and I promise to pay for all assessed tuition, fees and other associated costs by the published or assigned due date.
I understand and agree that if I drop or withdraw from some or all of the classes for which I register I will be responsible for paying all or a portion of tuition and fees in accordance with the published tuition cancellation schedule at https://reg.wayne.edu/students/information#dropping . I have read the terms and conditions of the published cancellation and withdrawal schedule and understand those terms are incorporated herein by reference. I further understand that Wayne State University will not cancel my classes for failure to pay or that my failure to attend class or receive a bill does not absolve me of my financial responsibility as described above.
Delinquent Account Collection
Late Payment Fees: I understand and agree that if I fail to pay my student account bill or any monies due and owing to Wayne State University by the scheduled due date(s), Wayne State University will assess late payment fees monthly in accordance with the published rates at https://wayne.edu/bursar/late-payment-fees on the past due portion of my student account until it is paid in full.
Financial Hold: I understand and agree that if I fail to pay my student account bill or any monies due and owing to Wayne State University by the scheduled due date, Wayne State University will place a financial hold on my student account, preventing me from registering for future classes, receiving transcripts, or receiving my diploma.
Collection Agency Fees: I understand and agree that if I fail to pay my student account bill or any monies due and owing to Wayne State University by the scheduled due date and fail to make acceptable payment arrangements to bring my account current, Wayne State University may refer my delinquent account to a collection agency. I further understand that if Wayne State University refers my account balance for collection, a collection fee will be assessed and will be due in full at the time of referral. The collection fee will be calculated at the maximum amount permitted by applicable law, but not to exceed 33% of the amount outstanding. Finally, I understand that my delinquent account may be reported to one or more of the national credit bureaus.
Method of Billing
I understand that Wayne State University 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 at https://wayne.edu/bursar/ebill/ebill-schedule/.
I authorize Wayne State University 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 delinquent student account(s)/loan(s), any other debt I owe to Wayne State University. I authorized Wayne State University and agents and contractors to use automated telephone dialing equipment, artificial or pre-recorded voice or text messages, and personal calls and emails, in their efforts to contact me. Furthermore, I understand that I may withdraw my consent to call my cellular phone by removing my cellular telephone number from my personal information in the student portal.
This entire agreement supersedes all prior understanding, representations, negotiations and correspondence between the student and Wayne State University, constitutes the entire agreement between the parties with respect to the matters described, and shall not be modified or affected by any course of dealings or course of performance. This agreement may be modified by Wayne State University if the modification is signed by me.
__ I have read, understand and agree to these terms and conditions.