Payment Terms Agreement

Financial Responsibility Agreement, effective November 2024

At the time of registration for any semester or term at Texas Woman’s University (TWU), every student is required to accept the TWU Financial Responsibility Agreement below. If the Agreement is declined, registration will not be allowed.

TWU corresponds electronically with students using the official university email address. I understand I am responsible for regularly reading important information sent to my university email account and for taking action on any important correspondence sent to this address.

• I understand enrollment at Texas Woman's University constitutes a contractual financial obligation to pay all student-related financial obligations, including tuition and fees, for classes in which I am enrolled. I further understand my financial obligations are due by the due dates each semester as indicated in the Academic Calendar.Full payment (either by accepted financial aid, third party sponsor or personal resources) OR enrollment in the installment payment plan (if available) is required by the established due dates. This agreement applies to all University tuition, fees and charges (collectively referred to as “Charges”), including but not limited to:

1. Tuition, mandatory fees, and incidental fees;
2. Student housing and meal charges;
3. Student Health Center charges;
4. Library fines;
5. Parking permits and fines;
6. Graduation fees;
7. Orientation fees;
8. Institutional loans;
9. Other incidental charges.

• I understand I am responsible for monitoring my student account for any changes to my initial bill. Any updates to my course schedule or other university-related charges may result in updates to my billing statement.
• I understand an email notification will be sent to my official TWU email address when my billing statement is available to view online. The university does not mail billing statements to students via regular postal mail.
• I understand that I am financially responsible for my account, and it is my responsibility to notify my parents or other individuals of my account balance. Additionally, I can set up authorized users to access my statements and make payments through the authorized payer set-up in the Pay Online system.
• I understand in the event I have a returned payment on my account, I will be charged a thirty-dollar ($30) returned payment fee. I understand I am responsible for all dishonored payments which have been presented on my behalf. I understand that if a payment is returned to the University by the bank and the payment was made to enroll or secure classes, the Bursar’s Office may contact the Registrar’s Office to cancel my enrollment.
• I understand that accepted financial aid awards are automatically credited to my student account to pay for charges incurred (as defined above) or used to hold my course schedule on payment deadlines as indicated in the Academic Calendar. Schedule changes after disbursement of aid may affect previous financial aid awards and additional charges may be incurred or financial aid may be adjusted as appropriate.
• I understand that once all of my accepted financial aid is applied to my student account, I am responsible to pay any outstanding balance and for any new charges that have been incurred.
• If my state, federal or sponsor financial aid is not received by the University, or if I lose my eligibility to retain financial aid for the semester, I assume full responsibility for paying all student financial obligations.
• It is my responsibility to know the University’s drop and withdrawal policies including deadlines as stated in the Academic Calendar. It is also my responsibility to complete drop or withdrawal processes before the expiration of stated deadlines in order to terminate my enrollment. My failure to drop classes or withdraw from enrollment in a timely manner and in accordance with the Academic Calendar, does NOT relieve me from my financial responsibility to the University for tuition and fees. Withdrawals must occur prior to the first official University class day of any term to avoid financial obligation.
• I also understand that if my advisor or department enrolls me in classes with my permission, and I do not attend, or drop/withdraw by the designated dates, I will be financially responsible for the required tuition and fees.
• I understand that if there is an outstanding balance from a prior term on my TWU student account, a hold will be placed on my account, and I will not be able to enroll in future semesters until the balance is paid in full.
• I understand that if I have a delinquent balance due to the University for more than ninety (90) days from the final semester due date my account will be placed with an external collection agency and collection fees, not to exceed 30% of the principal balance, will be assessed on the unpaid balance.
• I understand that Texas Woman's University (and their respective agents and contractors) reserves the right to report both positive and negative payment histories to credit-reporting agencies and may obtain a credit report on me at any time in the future to review my account in compliance with the Fair Credit Reporting Act.
• I also specifically consent to receive my year-end 1098T tax form electronically via the TWU online payment system unless I have taken the appropriate measures to opt-out of electronic delivery. To opt out, I must send written notice to: TWU Bursar Office, Attn: 1098T Processing, 304 Administration Drive, Denton TX 76204. Written notice must include your student ID number, your specific request to opt-out of the electronic delivery option for your 1098T document and verification of your current address on file with the university. If your address is incorrect, you must update your information with the Registrar’s Office prior to submitting this request. Your request must be received by the university no later than November 30^th of the tax year for which you wish to elect paper delivery.
• I authorize University representatives to contact me regarding my unpaid balance or my loan(s), including repayment of my loan(s), at any phone number either provided by me or acquired by the University or its representatives including but not limited to cellular phone numbers or other wireless devices using automated telephone dialing equipment or artificial or pre-recorded voice or text messages in accordance with the Telephone Consumer Protection Act.
• I further understand and agree that my registration and acceptance of these terms constitutes a financial obligation in the form of an educational loan as defined by the U.S. Bankruptcy Code at 11 U.S.C. Sec. 523(a)(8)) in which Texas Woman's University is providing me educational services, deferring some or all of my payment obligation for those services.
• This agreement shall be interpreted in accordance with and pursuant to the laws of the state of Texas including, but not limited to Texas Education Code § 51.967, Limitation on Educational Debt. Unpaid balances are considered state debt and may be included in the Warrant Hold process for the Texas State Comptroller’s Office. Warrant Holds will not be released until the unpaid balance and other collection fees are paid in full.

A student who fails to make full payment of tuition and fees, including any incidental fees, by the due date may be prohibited from registering for classes until full payment is made. A student who fails to make payment prior to the end of the semester may be denied credit for the work done that semester.

Payments that are returned as a result of insufficient funds, disputed payment or due to a stop payment do not constitute full payment.