/Institutions/Stevens-Institution-of-Technology/json/2021-2022/Academic-Catalog-local.json

/Institutions/Stevens-Institution-of-Technology/json/2021-2022/Academic-Catalog.json

Academic Catalog > Tuition, Fees and Other Expenses for Undergraduate Students > Payment Options > Payment Policy

Payment Policy

Tuition, fees, housing, meal plans, and other charges not covered by a payment plan or posted anticipated aid are due by the published semester payment due date. Additional charges incurred after the payment due date are immediately due.

Students who fail to make satisfactory financial arrangement by the semester payment due date are subject to administrative action, including but not limited to, late fee assessments; disenrollment from current and future courses; registration, transcript, diploma, student record, and canvas access holds and, collection agency assignment. Balances paid after the due date will result in a late payment fee of at least $550.00.

If assigned to a collection agency, the student will be responsible for the additional collection agency fee, which may be a maximum of 35% of the debt assigned to the agency, in addition to all costs and expenses, including reasonable attorney’s fees incurred by Stevens, necessary for the collection of the debt.