Institutional Policies
Policy ADMA-BUS-002
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| Responsible University Administrator: | Vice President for Finance and Administration |
| Responsible Officer: | Director of Student Financial Services, Business Services |
| Origination Date: | N/A |
| Current Revision Date: | 08/20/19 |
| Next Review Date: | 08/20/23 |
| End of Policy Date: | N/A |
| Policy Number: | ADMA-BUS-002 |
| Status: | Effective |
STUDENT PAYMENT POLICY
Policy Statement
Students must pay tuition and fees for the current term by the end of the term or
face having their classes in the next term cancelled.
Reason for Policy/Purpose
This policy is required for the effective communication of university policy regarding
cancellation of classes for nonpayment.
Who Needs to Know This Policy
All students attending The University of Southern Mississippi.
Website Address for this Policy
usm.edu/institutional-policies/policy-adma-bus-002
Definitions
N/A
Policy/Procedures
The University of Southern Mississippi requires payment prior to the semester start date of each term. Class schedules will be subject to cancellation for those who do not meet the payment deadline.
Payment may be fulfilled by one of the following options: Full payment of student balance (institutional charges minus anticipated financial aid) or enrollment in the payment plan.
Review
The Director of Student Financial Services 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.
08/20/19: Changed name of responsible officer. Added language to Policy/Procedures and deleted previous language in same section. Renamed policy from Cancellation of Classes for Nonpayment to Student Payment Policy.