Re: Late Fees

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Loyola-New Orleans charges a one time fee of $100.00 per semester for late
tuition payment and $2.00 a month for late fee on Perkins loans.

"John G. Brown" wrote:

> We charge a one time fee of $100.00 for late tuition payment. PERKINS
> and other loans are charged a flat fee of $3.00 a month on late
> payments.
>
> -----Original Message-----
> From: Duly, Jeffrey S [mailto:jeffrey.s.duly@vanderbilt.edu]
> Sent: Thursday, March 27, 2003 3:18 PM
> To: bursar-l@virginia.edu
> Subject: Re: Late Fees
>
> >We are looking at late fees. Would you please share what your
> >institution charges for late fees Student Accounts, Perkins and
> >institutional loan payments? I would like to know when you
> >accrue how much you charge for late fees. Thanks, and please
> >reply to the list!
>
> We charge 15% of the monthly payment amount with a $20 maximum for a
> late
> fee on all loans, unless otherwise stipulated in the promissory note.
>
> Our Office of Student Accounts charges 1.5% per month on outstanding
> balances.
> ----------------------------
> Jeffrey Duly
> Manager
> Office of Student Loans
> Vanderbilt University
> www.vanderbilt.edu/stuloans/

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