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Financial Obligations Resulting from Registration
A student who registers for classes is confirming a seat in class and is obligated to pay for the tuition for the classes unless the student drops or withdraws during the 100% refund period. It is the student’s responsibility to complete the drop form and submit the completed drop form to the Registrar’s office. A student who completes the drop process during the 100% refund period will have tuition charges removed from the account. Fees are nonrefundable.
A student who owes a balance may be purged for nonpayment unless otherwise deferred by pending financial aid supported by signed documentation from the Financial Aid office. A student who is purged for nonpayment will be required to re-register on a first-come, first-served basis. A student who pays late will also be assessed a $20 late payment fee.
A student who registers for classes at the Technical College of the Lowcountry agrees to the terms of the Tuition Promissory Note.
Tuition Promissory Note
For value and services received, I promise to pay Technical College of the Lowcountry (hereafter known as “the College”) tuition and fees assessed to me for courses for which I have registered. I understand and agree to pay any additional fees or charges assessed to my account related to my attending each term at the College, including but not limited to, late payment fees or parking and library fines. In the event I default on this agreement, I understand that the unpaid balance on my account will be:
1) placed for collection with the SC Department of Revenue Debt Setoff Program, and/or 2) placed with an outside collection agency.
Furthermore, I understand and agree to the following:
That I will be prohibited from obtaining a transcript or registering from any future classes until such time as my account balance is paid in full.
To pay any collection costs, including court and/or attorney fees resulting from the enforcement of this agreement, in addition to tuition and fees due the College. The percentage of collection costs assessed by outside collection agencies will not exceed 40% of the account balance due to the College.
That the College may repay my account balance from any Title IV funds due to me. All outstanding account balances are educational loans extended with the express understanding that future repayment shall be made to the College.
That my acceptance to these terms represents a loan for an educational benefit by the College and as such, is exempt from discharge under federal bankruptcy code 11 U.S.C. 523 (a)(8).