Policy ADMA-BUS-003

Responsible University Administrator:

Vice President for Finance and Administration

Responsible Officer:Bursar, Business Services
Origination Date:N/A
Current Revision Date:02/20/13
Next Review Date:02/20/17
End of Policy Date:N/A
Policy Number:ADMA-BUS-003
Status:Effective

 

COLLECTION COSTS

PDF Version

 


Policy Statement


Costs for collecting on a student’s account will be assessed to that student.

Reason for Policy/Purpose


This policy is required for the effective communication of university policy regarding collection costs.

Who Needs to Know This Policy


All students attending The University of Southern Mississippi.

Website Address for this Policy


www.usm.edu/institutional-policies/policy-adma-bus-003

Definitions


 

  

Policy/Procedures


Students are obligated to pay all costs of collecting any amount they owe in connection with their accounts.

 

If the university hires an attorney to help collect, students must pay actual attorney's fees.

Review


The Bursar is responsible for the review of this policy every four years (or whenever circumstances require immediate review). 


Forms/Instructions


N/A 


Appendices


N/A 

 


Related Information


N/A 

 


History


Amendments: Month, Day, Year – summary of changes

 

11/01/11: Formatted for Institutional Research website.

02/20/13: Formatted for template. Minor editing of punctuation and word usage throughout.