32
Bursar
the Bursar may cancel enrollment and referral to student conduct is a possibility. A student experiencing financial difficulties should immediately contact the Office of the Bursar for assistance and guidance. All delinquent accounts accrue a penalty at the rate of 1.5% monthly (19.56% APR). A student may be contacted on all phone numbers, including cell phones, provided to the University as a source of contact. This includes contact from its agents, representatives, and attorneys (including collection agencies) for purposes of collecting any portion of the account financial obligation which is past due. Any charges incurred by the University in an effort to collect on delinquent accounts are assessed to and will be the responsibility of the account holder. A student will reimburse the University the fees of any collection agency which may be based on a percentage of the debt (at a maximum of 33.3%). All costs and expenses including reasonable attorney's fees the University incurs in such collection efforts will also be owed the University. These costs will be assessed to the student's bursar account and included in the balance due. Delinquent account information is disclosed to credit reporting agencies, which could endanger the student's credit rating on a local or national level. Past due accounts are presented to the warrant intercept program (WIP) that captures state income tax refunds to pay outstanding OSU debt. Oklahoma law governs agreements with OSU and any disputes arising shall be determined in accordance with the law of this jurisdiction. Accounts must be cleared before a student can obtain the release of any academic records such as a transcript, receive a diploma or enroll for subsequent semesters. Oklahoma State University extends bursar optional charging privileges to students in order to facilitate use of campus based services. Bursar accounts must remain current or charging privileges may be revoked. Unresolved past due bursar account obligations can automatically terminate future term enrollment. The University reserves the right to request prepayment before allowing registration for future terms based upon previous actions. A student must authorize the University to apply federal financial aid to pay all charges as well as up to $200 from a prior award year on the student's bursar account, withhold all semester charges incurred (tuition, fees, housing, etc.), and refund the excess, if any. To authorize Title IV to pay all semester expenses and up to $200 from a prior award year, accept the TIV Authorization online at: http://my.okstate.edu, clicking the Student Self-Service Portal. Click the Financial Aid Tab, Award, Award for Aid Year, Select Aid Year, then Resources/Additional Information. Parents must accept a Title IV Authorization form which is available on the bursar website at: http://bursar.okstate.edu/forms. For additional information, see below section Title IV Authorization. If my federal or institutional financial aid is either not received by Oklahoma State University or loss of eligibility to retain financial aid for the semester occurs, the student still has the responsibility for paying their bursar account obligations. Enrollment Schedule Changes Enrollment Schedule Changes during the Nonrestrictive Drop/Add Period (Full Tuition/Fee Credits for Dropped Courses) For full-semester (16-week) courses, week days 1–6 constitute the nonrestrictive drop/add period (100% full refund period). See the Academic Calendar (https://registrar.okstate.edu/Academic-Calendar) for specific dates. Intersession courses, short courses and other courses that do not extend through the entire semester follow proportionate drop/ refund periods. Courses added during the nonrestrictive drop/add period will cause a tuition/fee recalculation resulting in additional college- based fees, possible additional course fees, and could affect whether an undergraduate student pays the block rate for that semester. Full
100% tuition/fee credits are issued for courses dropped during the nonrestrictive drop/add period. Enrollment Changes during the Restrictive Drop/Add Period (Partial Tuition/Fee Credits for Dropped Courses) For full-semester (16-week) courses, week days 7–10 constitute the restrictive drop/add period (partial refund period). See the Academic Calendar (https://registrar.okstate.edu/Academic-Calendar) for specific dates. Intersession courses, short courses and other courses that do not extend through the entire semester follow proportionate drop/refund periods. Courses added during the restrictive drop/add period will cause a tuition/ fee recalculation resulting in additional college based fees, possible additional course fees, and could affect whether an undergraduate student pays the block rate for that semester. Partial tuition/fee credits are issued for courses dropped during the restrictive drop/add period. For graduate students and other students not eligible for the block rate, 50% tuition/fee credits are issued for courses dropped during the restrictive drop/add period. The table below illustrates the partial tuition/fee credits for undergraduate students eligible for the block rate.
Enrolled credit hours before drop/add
Enrolled credit hours after drop/add
Tuition and University- wide Fees after drop/ add
Partial Refund for Tuition and University- wide Fees
College/ Course Fees after drop/add
Partial Refund for College/ Course Fees 50% of fees for dropped courses 50% of fees for dropped courses
12-18
12-18
Block rate No refund Varies by course
12-18
0-11
PCH rate (based on hours from column 1)
50% of PCH rate for dropped
Varies by course
credit hours
19 or more 19 or more Block rate +PCH rate for each credit hour over 18 (based on
50% of PCH rate for dropped
Varies by course
50% of fees for dropped courses
credit hours
hours from column 1) Block rate + PCH rate for each credit hour over 18 (based on hours from column 1) PCH rate (based on hours from column 1)
19 or more 12-18
50% of PCH rate for dropped credit hours over 18
Varies by course
50% of fees for dropped courses
19 or more 0-11
50% of PCH rate for dropped
Varies by course
50% of fees for dropped courses
credit hours
*PCH = per-credit-hour tuition/university-wide fee rate Enrollment Changes after the Restrictive Drop/Add Period (No Refunds (Tuition/Fee credits) for Dropped Courses)
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