A student's financial responsibility includes understanding the following:
Enrollment at Bucknell University constitutes a contractual financial obligation to pay any charges incurred as a result of registration for classes, enrollment for or cancellation of room and board agreements, fines or other charges incurred including, but not limited to, those items noted below. Financial obligations are due by the date determined by the University each semester.
Bucknell University corresponds electronically with students regarding student billing using their Bucknell University email address. Students are responsible for regularly reading important information sent to their Bucknell email accounts and for taking action on any important correspondence sent to this address.
B-bill is Bucknell University's official electronic billing method. Students will receive an email notification when the billing statement is available to view online. Statements are located online through myBucknell or B-bill.
Due to federal regulations, the University is only allowed to communicate with the student and the student's authorized delegates regarding billing and financial aid information. It is the responsibility of the student to set up parents/legal guardians/others as authorized user(s) to access the billing information through the B-bill system. Billing notifications and related information are emailed to the student and any authorized user(s) on the B-bill account.
Financial aid (grants, scholarships, loans) that has not yet disbursed to the student account is considered to be pending. Pending aid is deducted from the current balance in the account activity. Any remaining balance is due by the due date. In the event that financial aid is reduced or cancelled, or in the event the student has not met the specified requirements for receiving such aid, the student will be responsible for the full balance of outstanding charges.
Financial aid funds will automatically be applied to all charges incurred on the student's bursar account unless they restrict the Title IV funds to only pay tuition/fees, housing/meals and books by completing the bursar form.
Failure to pay the account prior to the due date each month will result in the account being assessed a 1% monthly finance charge on any past due balance.
If there is a past due balance, charging privileges will be suspended, except for meal plans and bookstore charges for required course textbooks and materials.
If complete payment of the balance due is not received by the due date or a satisfactory payment arrangement is not approved, a financial hold may be placed on the student account. If the account is delinquent, the student will not be allowed to register in subsequent semesters or change enrollment for the current semester nor will transcripts or diplomas be released by the University.
In the event of a returned check on the student account, there will be a $25 returned check fee. The student is responsible for all dishonored payments which have been presented on their behalf. If a payment is returned to the University by the bank, the Bursar may require certified funds for future payments.
If participating in the TMS Monthly Payment Plan and payments are not current, the plan will be closed, and delinquent payments will be charged to the student account.
If a student enrolled in classes and does not attend these classes, the student is still held responsible to pay the required tuition and fees if the student fails to withdraw by the designated dates.
The student's responsibility is to review the University's withdrawal policy including deadlines. Failure to withdraw in a timely manner does not relieve financial responsibility to the University for tuition and fees.
The student is responsible for completing the required exit counseling prior to graduation or withdrawal from the University, if the student has an outstanding student loan (e.g. Federal Direct Subsidized/Unsubsidized Loan, Federal Perkins Loan).
The student is responsible to provide a current address, phone number and email address to the University upon separation from the University.
The student gives consent to being contacted on all phone numbers, including cell phones, provided to the University. The University may share this information with its agents, representatives and attorneys (including collection agencies) solely for purposes of collecting any portion of past due financial obligations.
If there is an unpaid balance to the University and satisfactory payment arrangements are not made within a reasonable time period, the student account will be placed with an external collection agency. The student will reimburse the University the fees of any collection agency, which may be based on a percentage of balance owed, and all fees and expenses, including reasonable attorney's fees, the University incurs in such collection efforts. This will be assessed to the B-bill account and included in the balance due. The University reserves the right to report collection delinquencies to any or all credit bureaus.
Pennsylvania law has jurisdiction and any disputes arising shall be determined in accordance with the law of this jurisdiction.