Date: Wed Jun 22 2005 - 13:55:19 EDT
At Elizabethtown College, we assess finance charges at the rate of 1.5%
per month on outstanding balances. Our returned check fee is $15.00.
Benjamin Goodhart
Bursar
Elizabethtown College
v. 717-361-1218
f. 717-361-1485
-----Original Message-----
From: bursar-l-bounces@list.mail.Virginia.EDU
[mailto:bursar-l-bounces@list.mail.Virginia.EDU] On Behalf Of Steger,
Sarah M.
Sent: Tuesday, June 21, 2005 3:46 PM
To: bursar-l@Virginia.edu
Cc: Steger, Sarah M.
Subject: Request for Late Fee/Returned Check Fee Information
Hi Everyone, we are reviewing our charges for Late Fees and Returned
Check Fees. Would you please share the amount your institution charges
for late fees on past due charges on a monthly basis? In addition, how
much is your institution charging for returned check fees?
Central Michigan University charges $20 in late fees each month for
balances for $40.00 or more, up to a maximum of $120.00 in late charge
fees for the existing past due.
Central Michigan University charges $25.00 for returned check fees, if
the account becomes past due because of the returned check then they
would receive a $20 late fee. In addition, if the returned check is for
tuition, an addtional returned check fee of $25.00 is charged.
Thank you for your assistance. Sarah
Sarah Steger
Central Michigan University
Assistant Coordinator
Receivable Accounting
Mail Payments/Correspondence to: UC 119
Mount Pleasant, MI 48859
(989) 774-3159 Fax: (989) 774-1452
stege1sm@cmich.edu
Or Pay Credit Cards or Electronic Checks Online @ oasis.cmich.edu
Or Walk-In Service Available UC 119 Bovee Center Lower Level Student
Service Court
Detailed Account History @ oasis.cmich.edu
