FW: settlement vs. payment in full

From: Dominick, Suzanne (dominick@setonhill.edu)
Date: Fri Jan 03 2003 - 08:49:50 EST

  • Next message: Hunt Compton: "Re: FW: settlement vs. payment in full"

    One other thing that I forgot to mention - can we require the student to pay the difference between the settlement that we accepted, and the actual balance that was due? (In addition to paying up front for the new balance that would be due for the current semester.)

    > -----Original Message-----
    > From: Dominick, Suzanne
    > Sent: Friday, January 03, 2003 8:46 AM
    > To: Bursar C/O Nacubo (E-mail)
    > Subject: settlement vs. payment in full
    >
    > We have had some students in collection offer a settlement to the agency, vs. a payment in full. From what I understand, once we accept the settlement in full, we have to remove all "holds" and we cannot withhold transcripts or diplomas.
    >
    > However, does anyone know whether or not we are obligated to accept a student back if he or she wants to re-enroll? Some suggestions have been to let the student re-enroll if and only if the student pays the entire balance in full up front, since we would consider the student a "high financial risk". But is this legal?
    >
    > Any information or input would be appreciated. Thanks.
    >
    > Suzanne Dominick
    > Accounts Receivable Supervisor
    > Seton Hill University
    > Greensburg, PA 15601
    > dominick@setonhill.edu
    > Ph: 724-830-4635 Fax: 724-830-1292
    >



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