Students enrolled for 6 or more credits who are unable to pay their term bill in full may arrange with the local cashier`s office to pay their bill, if it indicates a net balance due of $200 or more, in three installments under the partial payment plan, as follows:

1. First payment: 50 percent of the net balance due on or before the due date indicated on the term bill plus the $25 nonrefundable partial payment fee on or before September 15 for the fall term and on or before February 1 for the spring term

2. Second payment: 25 percent of the net balance due

3. Third payment: Net balance due on or before October 15 for the fall term and on or before March 1 for the spring term

Any student submitting a term bill after classes have begun for the term must make payment according to the following schedule:

1. First payment: 50 percent of the net balance due plus the $25 nonrefundable partial payment fee

2. Second payment: Net balance due on or before October 15 for the fall term and on or before March 1 for the spring term

Any installments not paid according to the schedule incur a late fee of $25.

In addition, for all balances not paid in full when due, the student is responsible for all costs incurred by the university to collect such debt. This may include, but is not limited to, collection costs, litigation/attorneys` fees, and court costs.