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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 policies and schedules. 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.

Collection Actions: I understand that in the event my account becomes delinquent, my obligation to pay becomes performable in Wayne County, Michigan and suit to collect may be brought in Wayne County, Michigan.  I shall be responsible for and agree to pay WSU all expenses, including reasonable attorney's fees, costs of collection, and court costs, incurred by it in enforcing my financial obligations.  I further 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/.

Contact

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 authorize 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.

FERPA Release

I understand that in accordance with the Family Educational Rights and Privacy Act of 1974 ("FERPA"), the University is allowed to disclose certain information about its students only to those persons or entities for which the student gives written consent.  I also understand that the University may disclose certain information to "school officials" who need the information in order to perform their professional, contractual responsibilities with the University.  This includes individuals or companies who have contracted with the University as an agent to provide a service or services for the University.  In such instances, the contracting agent may have access to certain information without the requirement of a written release from me.

I understand and agree that the University may disclose the information specified below to the University's assigns, contractors, concessionaires, and vendors to be used only for purposes related to enforcement of my financial obligations:

  • all of my financial aid records, including my status of file, award and disbursement of funds information, satisfactory academic progress status, income information, and any other information contained in my financial aid applications, FAFSA or financial aid file; and
  • all of my student account information, including payment status. 

I also understand that if I elect to provide the University or any of its assigns, contractors, concessionaires, or vendors with the email address or other contact information of an individual so that the individual may make payments to my account on my behalf, that the University and its assigns, contractors, concessionaires, or vendors may disclose to that individual or otherwise provide that individual with access to:   

  • all of my financial aid records, including my status of file, award and disbursement of funds information, satisfactory academic progress status, income information, and any other information contained in my financial aid applications, FAFSA or financial aid file; and
  • all of my student account information, including payment status.

This FERPA release, which I am acknowledging by signing below, only relates to financial records and does not include the disclosure of any of my academic records to such third parties. The foregoing information may be released orally, visually, or in the form of copies of written records, as we elect from time to time. This authorization will remain in effect from the date it is executed until revoked or updated by me, in writing, and delivered to WSU's Office of the Bursar.  Any revocation shall not affect disclosures previously made by the University prior to the receipt of my written revocation or any disclosures allowable under FERPA without my consent. 

I acknowledge that this information is released subject to the confidentiality provisions of the Family Educational Rights and Privacy Act and other applicable federal and state laws and regulations, which prohibit disclosure of educational information without the specific written consent of the individual to whom it pertains, or as otherwise permitted.

 

Electronic Signature

You understand and agree that your electronic consent (including any electronic symbol) is your electronic signature, represents your agreement to the terms and conditions of this agreement, constitutes a valid signature, and shall have the same legal validity and enforceability as a manually executed signature or use of a paper-based recordkeeping system to the fullest extent permitted by applicable law. 

Entire Agreement

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.