1. All available and appropriate financial aid, including loans, may first be applied to current semester educational costs, whether billed or unbilled, before any remaining balance is distributed to the student. Financial Aid awards entering the account late will not void the assessment of finance charges.
2. Students will not be permitted to register for the next term if they have an encumbrance or an administrative hold.
3. Any billed amounts unpaid by the specified closing dates will be assessed a monthly finance charge.
4. Official University transcripts will not be issued to persons with financial and/or administrative obligations.