A Few Money Matters to Keep in Mind
We certainly don't anticipate that any of the following will apply to you. Keep things current, as you would with any creditor, and you'll be fine. But it's important that students understand the ramifications of financial delinquency. So here goes.
Warnings and Restrictions
Any student who is delinquent in paying debts to San Jacinto College (not including library and traffic fines) will receive a warning notice. It will provide a due date for payment to avoid forced withdrawal from all classes. Debts include:
- Returned check penalties
- College generated loans
- Restitution for loss of or damage to college property
Students must pay all debts before they may re-enroll. A student in default on a government loan for attendance at San Jacinto College may not receive an official academic transcript or diploma until six consecutive voluntary monthly payments have been made.
Late charges and other expenses
San Jac charges a $30 processing charge for each stopped-payment or returned check. Returned checks include electronically converted checks that have been rejected by the College bank. An individual who has had a check returned must then pay the College by cash, cashier's check, money order or credit card.
San Jac charges a $25 charge for late payments on our Installment Payment Plan (IPP) and Financial Aid Short Term Loan (FASTL). If a student fails to pay the IPP or FASTL at its maturity, and the matter is turned over to an attorney or collections agency, the student is responsible for all expenses and expenditures, including cost of attorney and/or collection services incurred, protecting the College's interest, rights and remedies on the Installment Payment Plan or Financial Aid Short Term Loan.