Financial Hold: I understand and agree that if I fail to pay my student account bill
or any monies due and owing OAKLAND COMMUNITY COLLEGE by the scheduled due date, OAKLAND
COMMUNITY COLLEGE will place a financial hold on my student account, preventing me
from registering for future classes, requesting transcripts, or receiving my diploma.
Late Payment Charge: I understand and agree that if I fail to pay my student account
bill or any monies due and owing OAKLAND COMMUNITY COLLEGE by the scheduled due date,
OAKLAND COMMUNITY COLLEGE will assess late payment fees and/or finance charges on
the past due portion of my student account until my past due account is paid in full.
Collection Agency Fees: I understand and accept that if I fail to pay my student account
bill or any monies due and owing OAKLAND COMMUNITY COLLEGE by the scheduled due date,
and fail to make acceptable payment arrangements to bring my account current, OAKLAND
COMMUNITY COLLEGE will refer my delinquent account to a collection agency. I further
understand that if OAKLAND COMMUNITY COLLEGE refers my student account balance to
a third party for collection, a collection fee will be assessed and will be due in
full at the time of the referral to the third party. The collection fee will be calculated
at the maximum amount permitted by applicable law, but not to exceed 39% of the amount
outstanding. Finally, I understand that my delinquent account may be reported to one
or more of the national credit bureaus.
Method of Communication: I understand and agree that OAKLAND COMMUNITY COLLEGE uses
e-mail as an official method of communication with me, and that therefore I am responsible
for reading the e-mails I receive from OAKLAND COMMUNITY COLLEGE on a timely basis.
Contact: I authorize OAKLAND COMMUNITY COLLEGE and its agents and contractors to contact
me at my current and any future cellular phone number(s), email address(es) or wireless
device(s) regarding my delinquent student account(s)/loan(s), any other debt I owe
to OAKLAND COMMUNITY COLLEGE, or to receive general information from OAKLAND COMMUNITY
COLLEGE. I authorize OAKLAND COMMUNITY COLLEGE and its agents and contractors to use
automated telephone dialing equipment, artificial or pre-recorded voice or text messages,
and personal calls and emails, in their efforts to contact me.
Furthermore, I understand that I may withdraw my consent to call my cellular phone
by submitting my request in writing to OAKLAND COMMUNITY COLLEGE or in writing to
the applicable contractor or agent contacting me on behalf of OAKLAND COMMUNITY COLLEGE.
Updating Contact Information: I understand and agree that I am responsible for keeping
OAKLAND COMMUNITY COLLEGE records up to date with my current physical addresses, email
addresses, and phone numbers by following the procedure on the Student Update Information Request. The linked procedure is incorporated herein by reference. Upon leaving OAKLAND COMMUNITY
COLLEGE for any reason, it is my responsibility to provide OAKLAND COMMUNITY COLLEGE
with updated contact information for purposes of continued communication regarding
any amounts that remain due and owing to OAKLAND COMMUNITY COLLEGE.
I understand that aid described as “estimated” on my Financial Aid Award does not
represent actual or guaranteed payment, but is an estimate of the aid I may receive
if I meet all requirements stipulated by that aid program.
I understand that my Financial Aid Award is contingent upon my continued enrollment
and attendance in each class upon which my financial aid eligibility was calculated.
If I drop any class before completion, I understand that my financial aid eligibility
may decrease and some or all of the financial aid awarded to me may be revoked.
If some or all of my financial aid is revoked because I dropped or failed to attend
class, I agree to repay all revoked aid that was disbursed to my account and resulted
in a credit balance that was refunded to me.
I agree to allow financial aid I receive to pay any and all charges assessed to my
account at OAKLAND COMMUNITY COLLEGE such as tuition, fees, service fees, fines, bookstore
charges, or any other amount, in accordance with the terms of the aid.
Federal Aid: I understand that any federal Title IV financial aid that I receive,
except for Federal Work Study wages, will first be applied to any outstanding balance
on my account for tuition, fees, room and board. Title IV financial aid includes aid
from the Pell Grant, Supplemental Educational Opportunity Grant (SEOG), Direct Loan,
PLUS Loan, Perkins Loan, and TEACH Grant programs. I authorize OAKLAND COMMUNITY COLLEGE
to apply my Title IV financial aid to other charges assessed to my student account
such as bookstore charges, service fees and fines, and any other education related
charges. I further understand that this authorization will remain in effect until
I rescind it and that I may withdraw it at any time.
Prizes, Awards, Scholarships, Grants: I understand that all prizes, awards, scholarships
and grants awarded to me by OAKLAND COMMUNITY COLLEGE will be credited to my student
account and applied toward any outstanding balance. I further understand that my receipt
of a prize, award, scholarship or grant is considered a financial resource according
to federal Title IV financial aid regulations, and may therefore reduce my eligibility
for other federal and/or state financial aid (i.e., loans, grants, Federal Work Study)
which, if already disbursed to my student account, must be reversed and returned to
the aid source.
METHOD OF BILLING
I understand that OAKLAND COMMUNITY COLLEGE uses electronic billing (e-bill) as its
official billing method, and therefore I am responsible for viewing and paying my
student account e-bill by the scheduled due date. I further understand that failure
to review my e-bill does not constitute a valid reason for not paying my bill on time.
E-bill information is available at MyOCC.
I understand that administrative, clerical or technical billing errors do not absolve
me of my financial responsibility to pay the correct amount of tuition, fees and other
associated financial obligations assessed as a result of my registration at OAKLAND
RETURNED PAYMENTS/FAILED PAYMENT AGREEMENTS
If a payment made to my student account is returned by the bank for any reason, I
agree to repay the original amount of the payment plus a returned payment fee of $20.00.
I understand that multiple returned payments and/or failure to comply with the terms
of any payment plan or agreement I sign with OAKLAND COMMUNITY COLLEGE may result
in cancellation of my classes and/or suspension of my eligibility to prevent me from
registering for future classes, requesting transcripts, or receiving my diploma at
OAKLAND COMMUNITY COLLEGE.
If I decide to completely withdraw from OAKLAND COMMUNITY COLLEGE, I will follow the
instructions at Withdrawal Policy which I understand and agree are incorporated herein by reference.
PRIVACY RIGHTS & RESPONSIBILITIES
I understand that OAKLAND COMMUNITY COLLEGE is bound by the Family Educational Rights and Privacy Act (FERPA) which prohibits OAKLAND COMMUNITY COLLEGE from releasing any information from my education
record without my written permission. Therefore, I understand that if I want OAKLAND
COMMUNITY COLLEGE to share information from my education record with someone else,
I must provide written permission by following the procedure outlined at College Policies - FERPA. I further understand that I may revoke my permission at any time as instructed in
the same procedure.
IRS FORM 1098-T
I agree to provide my Social Security number (SSN) or taxpayer identification number
(TIN) to OAKLAND COMMUNITY COLLEGE upon request (Request for Student’s Taxpayer Identification Number) as required by Internal Revenue Service (IRS) regulations for Form 1098-T reporting
purposes. If I fail to provide my SSN or TIN to OAKLAND COMMUNITY COLLEGE, I agree
to pay any and all IRS fines assessed as a result of my missing SSN/TIN.
I consent to receive my annual IRS Form 1098-T, Tuition Statement, electronically
from OAKLAND COMMUNITY COLLEGE. I understand that if I withdraw consent to receive
my Form 1098-T electronically, a paper copy will be provided. I understand that I
can withdraw this consent or request a paper copy by logging into MyOCC account -->
Financial Profile --> 1098-T Withdraw Electronic Consent.
I understand and agree that if I am younger than the applicable age of majority when
I execute this agreement that the educational services provided by OAKLAND COMMUNITY
COLLEGE are a necessity, and I am contractually obligated pursuant to the “doctrine
This agreement supersedes all prior understandings, representations, negotiations
and correspondence between the student and OAKLAND COMMUNITY COLLEGE, constitutes
the entire agreement between the parties with respect to the matters described, and
shall not be modified or affected by any course of dealing or course of performance.
This agreement may be modified by OAKLAND COMMUNITY COLLEGE if the modification is
signed by me. Any modification is specifically limited to those policies and/or terms
addressed in the modification.