The Miami University Board of Trustee has authorized charges equal to the then-current prime rate plus 3% on accounts that are not paid within 90 days of the due date. Full collection costs may be charged should it become necessary to send a delinquent account to a third party collection agent.
Accounts turned over to the Ohio Attorney General's Collection Enforcement Office
Any past due, unpaid account will be placed with an outside collection agency or referred to the Ohio Attorney General's Collection Enforcement Office for collection. The debtor will incur additional charges and collection expense. Outside collection agencies/Ohio Attorney General's Collection Enforcement Office are used only when the Miami University Collection Department cannot obtain payment.
Right to Withhold Services
The Miami University Board of Trustees authorizes the Bursar to restrict any services to current and former students and current and former employees until any past due amount owed to the university is paid in full. These services include, but are not limited to, the release of all academic records (e.g., diploma, and transcripts), the continuation of auxiliary services (e.g., telephone, cellular, high-speed data services), and registration for future semesters. Past due amounts include, but are not limited to, fees, tuition, charges, fines, and loans due to the university. Restoration of auxiliary services may require additional signed securities.