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New York State Good Academic Standing
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Office of Student Accounts
Delinquent Accounts
Full payment of tuition and fee charges for each term is due on or before the first day of class. Payment for subsequent charges must be received on or before the due date as listed on the front of this billing statement, or a late payment fee in the amount of $30 per month will be assessed.
Please be advised that your account may be forwarded to a collection agency or the New York State Attorney General’s Office to recover the amount you owe plus interest, collection fees, and other costs. Your failure to pay this debt in full by the due date will result in the assessment of interest if your account is transferred to the collection agency or the NYS Attorney General’s Office. Interest will be assessed from your presumed receipt of your first invoice, which is five days after mailing, at the corporate underpayment rate set by the Commissioner of Taxation and Finance minus four percentage points. Interest will be compounded daily on the principal balance, which is set forth in this invoice. To avoid the assessment of interest or late fees, you should pay the amount requested in full by the due date. In addition, should you fail to pay this debt within 90 days of your presumed receipt of your first invoice, a collection fee equal to 22% of the amount then due, including interest, may be added to the amount you owe. You may contact the Office of Student Accounts to obtain the date of the first invoice.
Page last updated June 19, 2009.
