By signing the MSOE payment plan agreement, I agree to pay the tuition/fees/room and board assessed or other charges incurred and charged to my account in accordance with my chosen payment plan option.
Payment in Full
Payment-In-Full option requires payment of a term’s tuition/fees/room and board and other charges by the due date as stated on the term’s billing notice. My failure to pay the term charges by the billing due date as indicated will result in a late fee of not more than 1% per month assessed on the total unpaid charges beginning on the 30th day of delinquency and subsequent months until the balance is paid-in-full.
I understand the financial aid option requires a completed financial aid application by the beginning of any term. I understand that if aid has not been awarded and disbursed at the time of billing due to an incomplete application, payment in full or the HELP payment plan (see below) will be required for the amount due. Payments not received by the due date as indicated on the billing statement will be assessed a late fee of not more than 1% per month on the outstanding balance. Late fees will begin on the 30th day of delinquency.
MSOE H.E.L.P (Helping Everyone to Learn and Pay) Payment Plan
I understand that a monthly payment plan for tuition/fees/room and board and other charges is administered by MSOE. I understand that I am contracting with MSOE for a monthly payment plan. I understand that payments must be up to date in order to register, receive transcripts or receive other services from MSOE. I understand that my failure to make payments as agreed to MSOE and termination of my agreement with MSOE by myself or MSOE due to non-payment will require payment in full of all balances due. Balances will be subjected to a late fee of 1% per month beginning on the 30th day of delinquency of my HELP plan or on the 30th day of delinquency from my termination date of the HELP contract.
I understand that under the direct billing to employer option, MSOE will bill the employer at the beginning of the term for all tuition/fees/room and board and other charges authorized and incurred. I understand that I am responsible for any amount not covered at the time of billing. MSOE will expect employer payment in full within 45 days of billing. I understand that if payment is not forthcoming, I am responsible for the amount due and will be subject to monthly late fees of not more than 1% per month on the total unpaid charges beginning on the 30th day of delinquency and monthly thereafter until the balance is paid in full. Documentation from the employer indicating amount to bill, without contingencies, must accompany the signed payment agreement.
I understand that under the tuition reimbursement option, I am ultimately responsible for the term’s tuition/fees/room/board and other charges. I understand that payment in full of the term’s tuition is due within 45 days from the last day of the term for that term, regardless of the grades. I understand that if my employer fails to pay I am required to pay in full immediately. A letter and/or documentation indicating my eligibility for employer reimbursement must accompany the signed payment agreement at the time of registration Late fees of 1% a month will be assessed beginning on the 30th day of delinquency on the total unpaid balance. I understand that if payment is not made within 45 days of grades being posted, registration for current and subsequent terms may be cancelled.