Payment Information

Spring 2010
Please be advised that information regarding student accounts can be released to the student ONLY.

To assist our students and their families in meeting their financial obligations, we offer our deferred payment plans as an alternative to traditional payment arrangements. It is important that students understand their payment obligations. We encourage students to contact the Business Office at 301-387-3061 if they have questions.

Unless you are properly enrolled in one of the four plans below, your balance is due in full by January 28, 2010, or at the time you register (whichever is later). If you do not pay in full or have the appropriate deferred payment paperwork on file with the Business Office by this deadline, you will be charged a $25.00 non-refundable deferred payment plan enrollment fee.

1. Full financial aid – If you are receiving enough financial aid to cover your entire balance, there is no charge to defer your account balance.

2. Partial financial aid – a) If you bring a statement of your financial aid awards to the Business Office, complete the appropriate paperwork, and pay any balance not covered by financial aid by January 28, 2010, there is no charge to defer the portion of your bill covered by financial aid. b) If you bring a statement of your financial aid awards to the Business Office, complete the appropriate paperwork, and make the first one-third payment of your tuition and fees by January 28, 2010, you will be charged the $25.00 non-refundable deferred payment plan enrollment fee which is due at the time you enroll in this plan.

3. Regular deferred payment plan – This plan is offered for students who are not receiving any financial aid. For a $25.00 non-refundable fee which is due at the time you enroll in the plan, your balance will be broken down into three payments. You must enroll in this plan by January 28, 2010, to avoid being charged a $10.00 late fee. Further information is available at the Business Office.

If you do not pay your bill in full or make payment arrangements by January 28, 2010, you will automatically be enrolled in the regular deferred payment plan and will be charged the $25.00 non-refundable enrollment fee plus a late fee of $10.00. The payment due dates for Fall 2009 are January 28, February 25 and March 25, 2010. If you are covered by an outside party such as Western Maryland Consortium, AmeriCorps, Division of Rehabilitation Services, your employer, etc., you must have the appropriate paperwork on file by January 28, 2010, to avoid interest and/or late fees.

Delinquent Accounts
We will charge delinquent accounts a $25.00 late fee. In addition, we will refer delinquent accounts to our collection agency which is currently the State of Maryland’s Central Collection Unit. Once an account is referred to CCU, a collection fee of 17% will be added to the account, the debt will be reported to consumer reporting agencies, and Garrett College can no longer settle the account. If you have a delinquent account, you will not be allowed to register for the upcoming semester. In addition, no grades or transcripts will be released until the account is paid in full. If you pay with a personal or business check, grades and/or transcripts will be held for 30 days after receipt of payment due to the possibility of insufficient funds or stop payments. Accounts paid with either cash or credit cards can have information released by the next business day.

Updated 11/9/09