Failure to Meet Financial Obligations
University policy requires a financial hold be placed on student records if they fail to meet their financial obligations. This hold will prevent any enrollment, transcript, or graduation activity.
Past due accounts will be sent to a collection agency. Interest, late fees and/or collection costs will be added to the student’s account. The past due debt will be reported to a local credit bureau. The University is authorized to garnish State of Alaska Permanent Fund Dividends (PFDs) for payment of past due accounts.