Student Accounts comprises three areas:
Tuition and Fee
Payment Policy
Payment of Tuition and Fees
Payment due dates
are term specific. Tuition and
applicable fees must be paid no later than the due date established for each
term. A $100 late fee will be assessed to all accounts not paid in full
by the due date. Information regarding
these due dates is communicated to students via the students’ University e-mail
and is available at the University website via this link: Tuition Payment Deadlines
Non-payment of
tuition and fees is not an acceptable method to notify the University of intent
to drop classes. If you do not plan to
attend GOV STATE, it is your responsibility to drop your classes by the 100%
refund deadline. Students who fail to
drop their classes by the 100% refund deadline will be responsible to pay for
the related tuition and fee charges.
Payment Methods
The University offers
various types of payment methods: online,
by phone, in person, and by mail. The
University accepts cash, money order, check, credit (Visa, MasterCard, Discover
and American Express) or debit card payments.
Payments made via
credit card and debit card will be assessed a non-refundable service charge of
2.95% (minimum $3) for domestic issued cards and 4.25% (minimum $3) for
international issued cards.
Further information
regarding payment methods is communicated to students via the students’ University
e-mail and is available at the University website via this link: Payment Methods
Payment Plan
The University offers
several payment plan options for each term through the online TouchNet system. A $40 non-refundable payment plan set-up
charge will need to be paid at the time of enrollment in the plan.
TouchNet payment
plans include a feature that will automatically deduct the monthly payments
from the student’s or parent’s bank account, debit or credit card. When a checking or savings account is
selected as the desired payment method, it is important to note that it will
take up to 14 days once you enter your banking information (bank routing number
and account number) to complete the verification process. By enrolling in the plan, payments are
scheduled and processed on the due dates without additional action needed on
the part of the student or parent. If a
payment declines or does not go through due to insufficient funds, the
student’s account will be assessed a $25 late fee for each late installment. Failure to have met prior payment plan
obligations may prohibit you from entering into a payment plan with the
University for future semesters.
Failure to have met
prior payment plan obligations may prohibit you from entering into a payment
plan with the university for future semesters.
Further information
regarding payment plans is communicated to students via the students’ University
e-mail and is available at the University website via this link: Payment Plans
Student Account
Refunds
Students may be
entitled to a refund due to excess of tuition payments, Financial Aid or if
they drop a class within the 100% refund period. Federal regulations allow for
this process to take up to 14 days to complete.
If you have
signed-up for direct deposit, the refund amount will be directly deposited into
the bank account on file. It is your
responsibility to keep banking information current. If it is not current, it will delay the
refund process. For more information on
how to sign up for direct deposit, click here:
Direct Deposit for Student Refunds
If you did not
sign-up for direct deposit, the refund amount will be issued via paper check
and will be sent to you via regular mail to the address on your student record. It is your responsibility to ensure that the University
has the correct mailing address.
Past Due Accounts and
Financial Holds Policy
If a student has a
past due balance, a financial hold prohibiting future registration may be
placed on their account. For future
registration, the balance must be reduced below the University's established
thresholds, as follows:
Freshman - $2,000
Student who lives in campus housing - $2,500
All other students - $1,000
Periodic
notifications are sent to the student if the balance remains unpaid. This notification explains the actions to be
taken and the timeframe in which this action needs to be done.
Account balances not
paid by the designated due date may be sent to a debt collection agency and the
State of Illinois’ Offset System, assessed collections fees based on a
percentage at a maximum of 39% of the debt, and all costs and expenses,
including reasonable attorney's fees that the University may incur in such
collection efforts. The University does
not report past due debts to any credit reporting agencies, except as provided
by federal law.
All current and
former students, regardless of their account balance, are able to request an
official transcript and and/or a diploma.
Further information on requesting an official transcript and/or a
diploma is available at the University website via the below links:
Transcript Services - Transcript Services | Governors StateUniversity (govst.edu)
Diplomas – Diplomas | Governors State University(govst.edu)
Current University students have
access to their unofficial transcripts on the University portal at any time.