Student Financial Agreement
Financial Terms and Conditions of Attendance
IMPORTANT INFORMATION REGARDING FINANCIAL TERMS AND CONDITIONS OF ATTENDANCE
By providing my electronic signature, I acknowledge and agree to be bound by the University’s Financial Terms and Conditions of Attendance. I understand and accept full financial responsibility for the payment of all tuition, fees, and other related charges posted to my student account. I further agree to pay any additional fees, fines, or penalties assessed to my account in connection with my enrollment and attendance at the University.
AGREEMENT TO ACCEPT FINANCIAL TERMS AND CONDITIONS OF ATTENDANCE
GENERAL PROVISIONS
- I understand that when I register for any class at the University or receive any service from the University, I accept full responsibility to pay all tuition, fees, any applicable room and board charges, and other related 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 at 11 U.S.C. § 523(a)(8)) in which the 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, any applicable room and board charges, and other related cost 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 refund schedule found at https://www.unthsc.edu/student-finance/refunds/. I affirmatively state that, by signing this agreement, I have read the terms and conditions of the tuition refund schedule found at the forgoing website, and I understand that the terms of the tuition refund schedule are incorporated into this agreement by reference.
- I understand that my student account reflects a financial obligation that I owe to the University for educational services and the associated costs of attendance, and I understand that my failure to attend class does not absolve me of my financial responsibility as described herein.
- I understand that my student account may not be dischargeable in bankruptcy proceedings.
- I understand that this agreement will be in effect until I have fulfilled all financial obligations to the University and the University has terminated this agreement.
METHOD OF BILLING
I understand and acknowledge that the University uses electronic billing (e-bill) as its official billing method and that I am responsible for viewing and paying my student account e-bill by the scheduled due date(s) I also understand and acknowledge that failure to review my e-bill does not constitute a valid reason for paying my bill after the due date. E-bill information is available at myHSC Student Portal.
BILLING ERRORS
I understand that my account balance may need to be adjusted to correct billing errors and that I am responsible for paying the corrected amount.
FINANCIAL AID
I understand that my Financial Aid Award is contingent upon my continued enrollment and attendance in each class upon which my financial aid eligibility was calculated. If I drop any class before completion, I understand that my financial aid eligibility may decrease and some or all of the financial aid awarded to me may be revoked. If some or all of my financial aid is revoked because I dropped or failed to attend class, I agree to repay all revoked aid disbursed to my account that resulted in a credit balance refunded to me.
I agree to allow financial aid I receive to pay any and all charges assessed to my account at the University, such as tuition, fees, campus housing and meal plans, student health insurance, parking permits, service fees, fines, bookstore charges, or any other amount, in accordance with the terms of the aid.
Federal Aid: I understand that any federal Title IV financial aid I receive (except for Federal Work-Study (FWS) wages) will be applied first to any outstanding balance on my student account for tuition, fees, and room and board. Title IV financial aid includes aid from the Pell Grant, Supplemental Educational Opportunity Grant (SEOG), Direct Loan, PLUS Loan, Perkins Loan, and TEACH Grant programs. I authorize the University to apply my Title IV financial aid to other charges assessed to my student account, such as student health insurance, parking permits, bookstore charges, service fees and fines, and any other education-related charges. I understand that this authorization will remain in effect until I rescind it or I am no longer actively enrolled with the University.
Awards, Scholarships, Grants: I understand that all awards, scholarships, and grants awarded to me by the University will be credited to my student account and applied toward any outstanding balance. I further understand that my receipt of an award, scholarship, or grant is considered to be a financial resource according to federal Title IV financial aid regulations and may, therefore, reduce my eligibility for other federal and/or state financial aid (i.e., loans, grants, Federal Work Study) which, if already disbursed to my student account, must be reversed and returned to the aid source.
RETURNED PAYMENTS/FAILED PAYMENT AGREEMENT
If a payment made to my student account is returned by the bank for any reason, I agree to repay the original amount of the payment plus a returned payment fee of $25. I understand that multiple returned payments and/or failure to comply with the terms of any payment plan or agreement I sign with the University may result in cancellation of my classes and/or suspension of my eligibility to register for future classes at the University.
WITHDRAWAL
I understand that I must abide by the official University policies regarding withdrawal from the University. Withdrawal from the University, whether voluntary or at the request of the University, does not exempt me from payment in full for charges incurred while enrolled at the University.
DEFAULT
I understand that I will be in default if (1) I break any promise made to the University under this agreement (2) I fail to perform promptly at the time and in the manner as provided in my Tuition and Fees Payment Plan Agreement(s) with the University or (3) I fail to pay other charges, including but not limited to miscellaneous charges, department charges, or financial aid adjustments that post to my student account, by the due date on the bill.
RIGHTS OF UNIVERSITY UNDER DEFAULT
In the event of default, the University may exercise any remedy allowed by law, including one or more of the following, without notice or demand (except as required by law):
- The University may declare the principal balance plus any late fees, fines, or penalties immediately due and payable in full;
- Pursuant to Chapter 2107 of the Texas Government Code and Chapter 59 of the Texas Administrative Code, the University may hire or pay a third-party to collect any delinquent obligation;
- The University may place a financial hold on my student account, may prevent me from registering for future classes, and may withhold my official transcript, diploma, and grades until all my financial obligations have been met;
- The University may report my debt to the Texas Comptroller of Public Accounts; and
- The University or its third-party agent may report, as appropriate, positive or negative credit histories to credit bureaus.
DELINQUENT ACCOUNT/COLLECTION
Financial Hold: I understand and agree that if I fail to pay my student account bill or any monies due and owed to the University by the scheduled due date(s), the University may place a financial hold on my student account and prevent me from registering for future classes, obtaining transcripts, and receiving my diploma.
Late Payment Charge: I understand and agree that if I fail to pay my student account bill or any monies due and owing to the University by the scheduled due date(s) then the University will assess a late payment in the amount of $15 per month on my student account until the past-due amount on my student account is paid in full.
Collection Agency Fees: In addition to the amount of my delinquent student account, I promise to pay the reasonable costs incurred by the University in collecting my delinquent student account. If I fail to pay my student account bill by the due date and do not make acceptable arrangements, the University may refer my account to a collection agency or attorney. I understand that I will be responsible for any costs associated with the collection, including collection fees, which will be due in full at the time of referral. The collection fee will be calculated at the maximum amount permitted by applicable law, not to exceed 30% of the outstanding balance. If a lawsuit is filed to recover the balance, I will also be responsible for any associated costs, such as court fees. Additionally, my delinquent account may be reported to national credit bureaus.
State Warrant Hold: Any amount(s) not paid in full at the end of each term of enrollment may be submitted to the State of Texas for a warrant hold.
COMMUNICATION
Method of Communication: I acknowledge and agree that the University designates email as the official means of communication. Accordingly, I understand that (1) I am responsible for monitoring and reviewing my University email account in a timely manner and (2) I am responsible for any consequences resulting from my failure to do so.
Contact: I authorize the University and its agents and contractors to contact me at my current and any future cellphone number(s), email address(es), or wireless device(s) regarding my delinquent student account(s)/loan(s), any other debt I owe to the University, or to receive general information from the University. I authorize the University and its agents and contractors to use automated telephone dialing equipment, artificial or prerecorded 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 or text my cellphone using automated telephone dialing equipment by submitting a clear revocation request to the University’s Office of the Registrar or to the applicable agent contacting me on behalf of the University.
Updating Contact Information: I understand and agree that I am responsible for keeping the University records up to date with my current mailing addresses, email addresses, and phone numbers by following the procedure at myHSC Student Portal. Upon leaving the University for any reason, it is my responsibility to provide updated contact information for the purpose of continued communication regarding any amounts that remain due and owing to the University.
INTERNAL REVENUE SERVICE (IRS) FORM 1098-T
I agree to provide my Social Security number (SSN) or taxpayer identification number (TIN) to the University for Form 1098-T reporting purposes.
CONSENT FOR ELECTRONIC 1098-T DELIVERY
I understand that, by signing this agreement, I am consenting to receive my 1098-T statement electronically and that no paper 1098-T form will be mailed to me. When my 1098-T statement is ready, an email will be sent to me with instructions on how to access my 1098-T statement online through myHSC Student Portal. I understand that I will continue to receive an electronic copy unless I revoke my consent in writing with the University’s Office of the Registrar. Additional information concerning the 1098-T is available online at https://www.unthsc.edu/student-finance/1098-t-tax-form-information .
PRIVACY RIGHTS & RESPONSIBILITIES
I understand the University of North Texas Health Science Center is bound by the Family Educational Rights and Privacy Act (FERPA), which prohibits the University from releasing information from my education record without my written permission or as allowed by law. Therefore, I understand that, if I want the University to share information from my education record with someone else, I must provide written permission to the University by following the procedure outlined at https://www.unthsc.edu/registrar/ferpa/. I further understand I may revoke my permission at any time as instructed in the same procedure.
STUDENT AGE
I understand that, even if I am younger than the applicable age of majority when I execute this agreement, the educational services provided by the University are a necessity and that I am contractually obligated pursuant to the ‘doctrine of necessaries.’
JURISDICTION
This agreement shall be interpreted and construed in accordance with the law of the State of Texas and any and all claims, controversies, and causes of action arising out of or relating to this agreement shall be governed by the laws of the State of Texas, without giving effect to any conflicts-of-laws rules that would result in the application of the laws of a different jurisdiction. For all such claims, controversies, and causes of action I agree to submit to the personal and exclusive jurisdiction of the courts located within Tarrant County, Texas.
ENTIRE AGREEMENT
I understand that, regarding the matters described herein, this agreement (1) supersedes all prior understandings, representations, negotiations, and correspondence between me and the University (2) constitutes the entire agreement between me and the University with respect to the matters described herein and (3) shall not be modified or affected by any course of dealing or course of performance. This agreement may be modified by the University if the modification is signed by me. Any modification is specifically limited to the policies and/or terms addressed in the modification.