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Holds/Fines

By registering for classes at TCNJ, students are agreeing to pay all charges on their student account by the payment due date. Students are subject to being charged late payment fines, cancellation of registration activity, withholding the ability to register, and/ or withhold an official transcript if pending charges are not paid.

Students will receive an email notification from Student Accounts that a new billing statement is available through PAWS. It is the responsibility of each student, whether they received a billing statement or not, to make payment in full by the payment due date.

Late Fines

A late payment fine will be assessed against the account of any student whose account balance remains unpaid after the payment due date. This late payment fine will be calculated and assessed for each month that the balance remains. Each monthly fine will either be $25.00 or 1.5% of the outstanding balance, whichever is greater.

For example:

  • Balance due on February 4: $4,000.00
  • First month late payment fine assessed on February 27*: $4,000.00 X .015 = $60.00.
  • Second month late payment fine assessed on March 27*: ($4,000.00 + $60.00) X .015 = $60.90.
  • Thus, to pay in full and avoid assessment of additional late payment fines, the student should pay $4,120.90 ($4,000.00 + $60.00 +$60.90) before April payment due date.

*These dates reflect a 5 business day grace period.

Holds

Transcript Hold

Students with a past due account balance will have a Financial Transcript hold placed onto their account. The hold will prevent an official transcript from being prepared and released by the college. Unofficial transcripts can still be viewed in PAWS.

Once the balance is paid, the hold will be removed.

Unpaid Balance Hold

Students with a past due account balance will have an Unpaid Balance hold placed onto their account. The hold will prevent the student from registering for any current or future classes.

Once the balance is paid, the hold will be removed by the following morning.

Returned Payments

Paper check or e-check payments that are returned for insufficient funds will result in a fine of $25.00 and a hold being placed onto the respective student’s account. This hold will prevent the student from registering for classes or requesting official transcripts. Unofficial transcripts can still be viewed in PAWS.

E-check payments that are returned because the system cannot locate the bank account (this means the account and/or routing number were incorrectly entered when making the payment in Paws) will have a fine of $10.00 and a hold placed onto the respective student’s account. This hold will prevent the student from registering for classes or requesting official transcripts. Unofficial transcripts can still be viewed in PAWS.

 

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