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				Nov 03, 2025			
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								2016-2017 ULM Student Policy Manual [ARCHIVED CATALOG] 							
							  Debt Information							  
								
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                                                               Students indebted to the University will not be allowed to re-enter,  or receive a transcript of scholastic work. A student may be dropped  from University enrollment for non-payment of fees and/or other debts  when due or when a check offered by the student in satisfaction of an  obligation to the University is not honored by the bank on which it is  drawn. 
Service and delinquent payment charges will be levied as follows: 
    
        
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             Returned Check Service Charge (per check) 
            Short-term Loan Service Charge: Processing Fee 
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            $15.00 
            $20.00 | 
         
    
 
 Delinquent student debts will be assigned to a collection agency  after unsuccessful collection efforts by ULM employees. At the time the  accounts are assigned to the collection agency a percentage of the  amount due will be added to the student’s account in accordance with our  contract with the collection agency. 
Any student accounts turned over to the collection agency could have a negative impact on the individual’s credit worthiness. 							   | 
							 
						   
                                                  
  
			
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