All students are bound by the College of Central Florida’s Financial Responsibility Agreement upon course registration. The agreement outlines the financial terms and conditions associated with a student’s course registration. By allowing charges to be applied to a student account, the student will be bound by this agreement.
- Use of Account – The student authorizes the College of Central Florida to add to their account all tuition, fees and other charges incurred by the student as a result of attending the college.
- Promise to Pay – By authorizing the charges applied to their account, the student agrees that they have the intention to pay. The student promises to pay all valid charges placed on their account, including 100% of the tuition and fees for withdrawn courses done after the last eligible day to receive a refund.
- Student Account and Billing Statement – Student account activity and statements are available electronically via the student portal.
- Billing Errors – The student understands that administrative, clerical or technical billing errors do not absolve the student of his or her financial responsibility to pay the correct amount of tuition and fees as a result of registration at the College of Central Florida.
- Payment Due Date – Billed tuition, fees and other charges are due in full by the 10th business day following registration or immediately following registration if classes have started.
- Removal from Classes – The college reserves the right to drop a student’s enrollment in class for failure to abide by this agreement or any other payment agreement the student has entered into with the college.
- Payment Deferrals –Payment may be deferred if a student is eligible for a veteran’s deferment or if they have applied for financial aid. In accordance with Florida State Board of Education Rule 6A-14.054, the college has elected to limit the deferral of fees to one per term, which is due 60 calendar days after the first day of class, regardless of any pending financial aid.
- Payment Methods – The College of Central Florida offers four methods for paying student account balances:
- Take advantage of our NelNet payment plan.
- Pay online with a credit card (we accept Visa, MasterCard, Discover and American Express).
- Visit a cashier at the Ocala, Citrus or Levy campuses.
- Mail a check made payable to College of Central Florida to: Attention Cashiers Office, College of Central Florida, 3001 S.W. College Road, Ocala, FL 34474-4415.
Please Note: Students who have previously provided payment that was dishonored by their financial institution (returned check or EFT or disputed credit card charge) are required to pay in cash or with other certified funds. Also, students who have previously filed bankruptcy are required to pay all fees in full.
- Returned Check Fee – A returned check fee of up to $40 dollars or 5% of the face value, whichever is greater, will be added to the student’s account for any check returned by the student’s financial institution. The college reserves the right to pursue all legal remedies available to collect on a returned check.
- Past Due Accounts – If the student’s account is delinquent for 60 calendar days the student will receive a first notice. If the student does not respond within fourteen calendar days from the mailing date of the letter, a second notice will be sent. If the matter is not resolved within another fourteen calendar days, the student’s account will be turned over to a collection agency. Once the student’s account has been turned over to the collection agency, the student may only pay at the collection agency.
- Collection Agency Fees – The student agrees to pay all collection fees incurred by the college as a result of pursuing the unpaid balance. The collection agency fee is based on a percentage of the student’s balance, not to exceed 35% of the account balance.
- Write-off – If the student’s account resides with our collection agency for 90 calendar days and the student fails to pay at least one third of the account balance, including collection fees, the account will be written off. A write-off only refers to the accounting treatment. The student’s financial obligation continues. The student will still have to pay the debt before the student may re-enroll or request transcripts.
- Bankruptcy – Enrollment in (a) class(es) constitutes a financial obligation between the student and the College of Central Florida. Any and all services received by the student under this agreement are for educational purposes and constitute an educational loan pursuant to 11 U.S.C. § 523(a)(8) that is non-dischargeable in bankruptcy.
- Financial Hold – The student understands and agrees that if the student fails to pay the student account bill or any monies due the College of Central Florida by the scheduled due date, the College of Central Florida will place a financial hold on the student’s account, preventing the student from registering for future classes, requesting transcripts, or receiving a diploma.
- Financial Aid – The student agrees to allow any financial aid received to pay any and all charges assessed to the student’s account at the College of Central Florida including but not limited to: tuition, fees, parking fines, service fees, bookstore charges, and any other amount, in accordance with the terms of the aid. Federal financial aid regulations do not permit the college to automatically apply a student’s upcoming financial aid refund to a past due balance from a previous term. The student will need to personally receive the refund and then use it to pay the balance due at the Cashiers Office window.
- Please be advised that a student’s financial aid award is contingent upon continued enrollment and attendance in each class upon which financial aid eligibility was calculated. Dropping a class before completion may reduce a student’s financial aid eligibility and some or all of the aid awarded to the student may be revoked. Should this occur, the student agrees to repay all revoked aid that was disbursed to the student account and resulted in a credit being refunded to the student.
- Method of Communication – The student understands and agrees that the College of Central Florida uses email as the official method of communication with the student, and that the student is, therefore, responsible for reading the emails received from the college on a timely basis.
- Updating Contact Information – The student understands and agrees that the student is responsible for keeping the College of Central Florida records up to date with a current physical address, email addresses, and phone number. Upon leaving the College of Central Florida for any reason, it is the responsibility of the student to provide the college with updated contact information for purposes of continued communication regarding any amounts that remain due and owed to the College of Central Florida.