70.01 Installment Carrying Fee Issued: May 15, 1998
1. Definition and Purpose
The installment carrying fee is assessed to each student that elects to pay their tuition and
fees on the statutory authorized installment payment plan. The fee is non-refundable after the
add/drop period. The revenue generated from the fee is used to underwrite the costs
associated with operating the installment payment plan.
2.1 The installment carrying fee is assessed to all students in an automated fashion by the
student information system (SIS+).
2.2 The installment carrying fee is removed for all students who have paid by the state
mandated pay date (i.e. 20th class day for Fall/Spring).
2.3 The Manager of Treasury Services is responsible for ensuring the approved rates are
2.4 Requests for waivers of this fee are considered on a case-by-case basis by the
2.5 The revenues from the fee assessment are credited to the Fiscal Affairs Department
local operating account (2-22210).
Contact: Manager of Treasury Services
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