Past Due Accounts | Financial Services & Operations

Past Due Accounts

The following information applies to Michigan Tech accounts held by nonstudent and non-enrolled students only. Enrolled students cannot use the Account Payment Plan option; please see Semester Payment Plans for options available to enrolled students.

30 Days Past Due

All account balances are due within 30 days unless otherwise posted on the billing statement or online bill. Holds preventing University services are placed on past due accounts. For student accounts, a hold preventing University services—including registration, future enrollment, and the release of grades, a transcript, or a diploma—will remain on a delinquent account until the balance is paid in full. For vendor accounts, a hold preventing further business with the University will remain on a delinquent account.

If a Michigan Tech account has an outstanding balance—whether the account holder is a person or a vendor—the University will apply any payments or reimbursements due to the outstanding balance prior to payment.

90 Days Past Due

Accounts that are more than 90 days past due are subject to additional collection action and in some cases additional collection fees. It is advised that if the account holder is unable to pay the delinquent balance in full at this point that they refer to the Michigan Tech Account Payment Plan Contractor contact the Collections Manager at 906-487-2243 to discuss payment options.

120 Days Past Due

If we do not hear from the account holder concerning payment on a delinquent account before the account is 120 days past due we will refer the account to an outside collection agency. An account that is referred to a collection agency may be subject to additional collection fees. Michigan Tech will also disclose that the account holder has defaulted, along with other relevant information, to credit reporting agencies, resulting in a negative impact on the account holder's credit history.

Account Payment Plan Contract

The Michigan Tech Account Payment Plan Contract may be used to set up a payment plan for a delinquent account, provided the account is less than 120 days past due. Ideally we would like to see the account paid in full within one year.

Michigan Tech Account Payment Plan Contracts are subject to approval by Michigan Tech and once approved, it is the account holder's responsibility to make monthly payments. We accept cash, check, or credit/debit cards for payment. Please note that we do not accept any payments by fax or phone.

If a payment is missed, the account will be assessed a $25 per month late fee. If there is a default in payment as agreed, the account will be referred to an outside collection agency and may be assessed additional collection costs.

It is important that the Accounts Receivable Office has a current mailing and email address for the account holder as this is our primary way of communicating.

To discuss payment options please contact the Collections Manager at 906-487-2243.

Once an account has been referred to an outside collection agency the account holder must contact that agency directly to discuss payment.