Billing and Payments

Service Hours

Business Services Hours:

8:00-4:30 Monday-Friday
Summer:
7:30-4:00 Monday-Friday

Cashier Hours:

8:00-4:00 Monday-Friday
Summer:
7:30-3:30 Monday-Friday

Billing and Payments

Bessie E. Campbell Emergency Loan

The purpose of this section is to help you, the student loan borrower, understand and manage your Bessie E. Campbell Emergency Loan by providing you payment and contact information. If you do not find the answer to your question, please contact us by telephone, email, postal mail, or by visiting our office.

Payment Types Accepted

Payments on Bessie E. Campbell Emergency Loan balances owed can be made in the form of cash, check or money order. Credit cards are not accepted at this time.

Collection Procedures

Definition: E. A Bessie Campbell Emergency Loan balance owed to the University is due based on the terms described by the promissory note. Collection measures are initiated when payment is not received by the agreed due date.

Policy: Bessie E. Campbell Emergency Loans over 15 days past due will be subject to collection procedures. All action taken against the borrower is also taken on any accounts that have a co-signer, if applicable.

The borrower (and cosigner, if applicable) will be responsible for all costs incurred for any loan that is referred for additional collection measures or referred to a collection agency, including the legal attorney’s fee, and costs incurred by the University.

The University reserves the right to deny assistance under this program to students who have been excessively delinquent or have defaulted on a prior loan.

There are no extensions or deferments beyond the due date.

Procedure: When the loan is not repaid by the due date, the following action will happen:

  1. The student will be prohibited from registering for additional course work.
  2. A hold is placed on the student’s academic records.
  3. A $30 late fee is assessed.
  4. The account status and balance may be reported to credit bureaus.
  5. The account can be forwarded to MInnesota Collection Enterprise (MCE) at the Minnesota Department of Revenue. After an account has been forwarded to MCE, the University will no longer be involved in the collection process. The borrower must deal directly with MCE.

NSF/Dishonored Checks

Definition: Checks will be considered NSF/Dishonored after they have been presented to the bank twice and are return to St. Cloud State University unpaid due to non-sufficient funds, closed account stop payment, etc.

Policy: Dishonored checks will be backed out of the account to which they were deposited and the NSF fee will be charged. If the reversal of the receipt causes the account to become unpaid after the due date, applicable late charges will also be added to the account. The NSF fee is currently $20.00 and is subject to change without notice.

Procedure: The Business Services, Loan Collection staff will receive notification of the NSF/Dishonored check. The original payment is reversed and charges restored to the borrower’s Bessie E. Campbell Emergency Loan account. The NSF fee will be charged to the borrower’s account.

The Business Services, Loan Collection staff will send a letter and billing statement to the writer of the check; if different than the borrower, a copy is sent the borrower (and cosigner if applicablea). Enclosed will be a notice identifying the dishonored check.

Contact Information

Please forward additional questions to the Business Office, Cashier Unit.

Business Office, Cashier
122 Administrative Services Building
St. Cloud State University
720 Fourth Avenue South
St. Cloud, MN 56301-4498

Telephone (320) 308-4012
Fax (320) 308-5113

ShortTerm@stcloudstate.edu

 
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