Failure to make scheduled payment plan installments may result in cancellation of the payment arrangement and the assessment of applicable holds or fees.
5. Outstanding Balances
Students with unpaid balances after the due date will be subject to:
Financial holds on their account;
Restrictions on registration and enrollment;
Restrictions on housing assignments;
Denial of financial clearance for future terms;
Referral to collection efforts in accordance with University policy.
6. Returned Payments
Payments returned by a financial institution for insufficient funds, closed accounts, or other reasons may result in additional fees.
The University reserves the right to require future payments in certified funds following returned payments.
7. Financial Aid Recipients
Students receiving financial aid are responsible for ensuring that they maintain required Satisfactory Academic Progress (SAP) and that all required documentation is submitted by established deadlines.
If financial aid is reduced, canceled, or otherwise insufficient to cover charges, the student remains responsible for the remaining balance.
8. Student Responsibility
Students are responsible for:
Monitoring their University account regularly;
Maintaining current contact information with the University;
Paying all charges by established deadlines; and
Promptly addressing any account discrepancies with the Office of Student Accounts.
Failure to comply with these payment guidelines may affect a student's ability to register, attend classes, receive academic records, or access other University services.
Past Due Balances
Under SB 185, Kentucky State University is required to diligently pursue collection of debts and refer qualifying debts to the Kentucky Department of Revenue for collection. Accounts with balances exceeding $1,000 that remain due and owing for more than 60 days must be referred for