As a student, one of the first things you`ll be asked to do when enrolling in a university is to sign a financial responsibility agreement. At George Mason University, this agreement outlines a student`s financial obligations while attending the university.
The student financial responsibility agreement at GMU covers various financial aspects, including tuition and fees, refunds, financial aid, and transcript holds. The agreement also states that the student is responsible for keeping their contact information up to date with the university.
One of the essential pieces of information included in the agreement is understanding the consequences of not paying tuition and fees on time. GMU has a strict policy on late payments, and failure to pay on time may result in late fees, collections, and holds on transcripts and registration.
The agreement also emphasizes that the student is responsible for notifying GMU of any changes in their financial status that may impact their ability to pay. This includes changes in employment, income, or financial aid.
GMU takes financial responsibility seriously, and failure to adhere to the agreement can have severe consequences. Students who do not meet their financial obligations may be put on financial hold, which prevents them from registering for classes or receiving their transcripts.
To avoid any financial hiccups, students should review and understand the agreement thoroughly before signing. If they have any questions or concerns, they should reach out to GMU`s financial aid office or student accounts office.
In conclusion, the student financial responsibility agreement at GMU plays a critical role in ensuring that students meet their financial obligations while attending the university. By understanding the terms and consequences of the agreement, students can avoid any penalties and stay on track to complete their degrees successfully.