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Credit and Payment Policy

Student Accounts Home  |  Current Semester | Payments/Payment Plans  |  Credit & Payment Policy  | Delinquent Accounts |
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Students who register for classes at North Arkansas College are required to pay all related tuition and fees on the day of enrollment, or have made allowable payment arrangements by the posted deadline.  Any tentative enrollment will be voided if payment arrangements are not made by this deadline.  Payment arrangements include awarded financial aid, written, non-revocable payment commitments from approved third-party entities, or certain timed installment payment agreements via e-Cashier.

Charges to awarded financial aid require that (1) the application has been filed, (2) eligibility has been determined, (3) any selected data has been verified, and (4) the actual award has been processed.  Any awarded financial aid will be used to first satisfy any account balance before the residual, if any, is remitted to the student.

The following procedure will be applied to students who are awarded financial aid (Institutional awards and scholarships) and also have written non-revocable payment commitments from an approved third-party entity (State, Federal or other approved entity), or certain timed installment payment agreements (Payment Plan):

  1. Financial aid will be processed in the order and by designated commitment of aid received.
  2. Financial aid will be used as designated to first satisfy any account balance before the residual, if any, is remitted to the student.
  3. As payment commitments from third-party entities are received, the funds will be applied to account balances as designated, with the residual, if any, reimbursed to the student.

Any timed installment payment arrangement (on-line Payment Plan feature) will require full payment within ninety (90) days from the start of the Fall and Spring semesters and prior to the start of classes of the Summer I, Summer II, or any offered mini-terms.  Timed installment payment arrangements will include an application fee, possible processing fees, potential delinquent payment fees, and acceptance of possible collection costs. 

Students electing any qualified payment arrangement agree to the stipulation that upon any arrangement default or delinquent account status, North Arkansas College may deny future enrollment and/or refuse to release any transcripts and records until the debt is satisfied. 

Course textbooks and supplies obtained from the North Arkansas College Bookstore may only be charged to awarded financial aid with adequate remaining coverage after any tuition and fee charges or to written, non-revocable payment commitments from approved third-party entities. Students will be required to present a Northark photo I.D. Bookstore purchases will not be eligible for any timed installment payment arrangement.