2.5
Tuition Payment Plan Students who cannot pay their tuition and fees in full on or prior to the published tuition due date may enroll in a Tuition Payment Plan. The plan requires that the student sign a Payment Plan Agreement. Students can enroll in the plan through the Online Student Account Center or at any campus Student Accounts location. Third Party Payer / Contracts A third party (for example, employer) can guarantee payment through a prior contract arrangement with the college. A copy of this contract should be presented to the Campus Student Accounts Offices/OCS Bursar’s Office at the time of registration or payment. Should the third party not make payment, for any reason, the student becomes fully responsible for all expenses incurred.
2.6
2.7 Overdue Accounts Students, who owe the College money and have failed to respond to collection efforts by the College are transferred to an internal collection process through a partnership with a third party vendor. Accounts not paid in full or enrolled in an approved payment arrangement at the end of the internal collections process are turned over to an external collection agency and assessed a collection fee. Accounts of $250 or less shall not be turned over to external collection and shall be written off to an inactive status following the internal collection process. A financial hold will remain on these accounts until the balance is resolved. SECTION 3: DISBURSEMENT OF COLLEGE FUNDS
3.1
Disbursements College disbursements shall be made through checking accounts approved by the Board of Trustees. Incidental disbursements may be made through duly authorized petty cash accounts. Preparation of Checks Payment of CCAC obligations is accomplished through the issuance of a CCAC check or wire payment as approved by the Vice President of Finance. There shall be no authorization given to any vendor to take payment directly from a CCAC checking account without the express written consent of the Controller and a written contractual agreement with the vendor. Checks shall be prepared by the Accounts Payable Department only after all required approvals are entered and all necessary support documentation is received.
3.2
4
Made with FlippingBook Learn more on our blog