Eastern Oregon University > Student Financial Services at Eastern Oregon University > Financial Responsibility Agreement

Financial Responsibility Agreement

As students login to their Mountie Hub (Webster) account for the first time, they will be required to complete a financial responsibility agreement.  This agreement is a student’s promise to pay for charges the student incurs while here at EOU.  A copy of the financial responsibility agreement is shown below:

Eastern Oregon University
Financial Responsibility Agreement

FINANCIAL RESPONSIBILITY AGREEMENT
The Student acknowledges that they will review the Student’s available account history prior to registering for classes and before tuition payment deadlines each term.
The Student understands that regardless of the Student’s eligibility for financial aid, the Student is personally responsible for the full amount assessed by EOU to the Student’s
account as a result of the Student’s registration. The non-receipt of a billing statement is not valid justification for a late or nonpayment.

REVOLVING CHARGE AGREEMENT
A Revolving Charge Agreement is now combined into our Financial Responsibility Agreement and is an installment agreement that allows the Student to make monthly payments on
an account. Students must pay one-third of the current term’s charges within the first 14 days of each term, or their account will be considered past due.
A Revolving Charge Account Agreement is available to all Eastern Oregon University students under the following terms and conditions.

TERMS & CONDITIONS
The student is responsible to pay EOU any deficiency in tuition, fees or other EOU charges that results from non-payment or reversals of payment of loans and advances from
federal, state, institutional providers, or other third-party providers, and the amount of any funds erroneously disbursed to the Student.

PAYMENT & DUE DATES
The student is responsible for all tuition, fees, and other charges assessed by EOU in accordance with current EOU policies, applicable law and regulations in connection with the
courses in which the Student has enrolled. Students must pay one-third of the current term’s charges within the first 14 days of each term, or their account will be considered past
due. Payments will be applied to the unpaid balance on the Student’s account on a first in, first out basis. Financial aid, scholarships and any other amounts due to the Student from
this institution will be applied toward the total amount due to this institution before the money is released to the student. Please refer to the academic calendar for a list of due dates
each term.

PAST DUE ACCOUNTS
A $50.00 late payment penalty will be applied to all past due student accounts after the 14th day of each term. Any unpaid balance is part of the Revolving Charge Account
Agreement. Students must pay all current term balances by the last day of each term. Two thirds of the current term charges are required to be paid before a student may register for
subsequent terms unless special payment arrangements have been made with the Financial Services office.
It is the Student’s responsibility to make the scheduled payments by the due dates regardless of the circumstances as specified by the Student Account payment schedule found on the
Student Accounts website at www.eou.edu/staccts/payment/. In the event the Student fails to make timely payments due to the University, the unpaid principal balance on the
Student’s Account or Revolving Charge Account, along with applicable interest, and fees, may, at the University’s discretion be accelerated, due and payable in full upon written
demand by Eastern Oregon University. Past due accounts may also be subject to penalties, including but not limited to:

  1. An institution collection fee of $25.00 may be assessed to any account not paid in full at the beginning of a subsequent term, if payment arrangements have not been made
    with the Student Financial Services Office.
  2. Registration may be denied to any student with a past due balance.
  3. The extension of credit, and provision of services may be withheld from any student with a past due balance.
  4. Eviction from student housing may result when past due amounts relate to dorm charges.
  5. All collection costs incurred in connection with the collection of any of the foregoing, including, but not limited to fees of any collection agency, which may be based on a
    percentage at a maximum of 33% of the debt, and all costs and expenses, including reasonable attorney’s fees incurred in such collection efforts.
  6. This agreement shall be governed in all respects by the laws of the State of Oregon without regard for any conflict of choice of law principles. Both parties hereby submit to
    personal jurisdiction in the State of Oregon and further agree that any cause of action arising under or relating to this contract shall be brought exclusively to the Union County
    Civil Court. In the event a court competent jurisdiction determines that any provision of this Financial Responsibility or Revolving Charge Agreement is contrary to law, or
    otherwise unenforceable, the remaining provisions shall remain in full force and effect.
  7. The status of this account may be reported to credit bureaus.

INTEREST
Interest charges and applicable late fees will be assessed on all past due accounts. Interest will be charged each month on any unpaid balance at the rate of one percent per month, or
fraction thereof (12% APR). This is subject to change as mandated by the Oregon Administrative Rules.

COLLECTION ACTIVITY VIA CELL PHONE AND EMAIL ADDRESS
I understand and authorize Eastern Oregon University, and/or its agents, including attorney and collection agencies to contact me via cellular telephone and/or all forms of electronic
technology (to include text messaging and email) to collect an outstanding debt, unless I notify such party in writing to cease such communication.

ADDRESS INFORMATION
The Student is responsible for informing the University’s Student Financial Services Office of any name and/or address change occurring during the life of this Agreement. The non-
receipts of a billing statement does not constitute valid justification for a late or nonpayment.

BILLING RIGHTS
A student may challenge a charge within 60 days of the origination of the charge by directing their inquiry to: Eastern Oregon University, Student Financial Services, One University
Boulevard, La Grande, OR 97850-2899, (541) 962-3590, or e-mail: cashier@eou.edu. Any questions regarding this agreement can also be directed to the above address.

ACKLOWLEDGEMENT
I acknowledge and have read, understood, and agree to comply with all terms and conditions of the Eastern Oregon University Financial Responsibility Agreement and the
Revolving Account Agreement. By pressing Accept, I understand that my electronic signature has been derived from EOU’s Banner software, in order to safeguard against improper
inputting of non-student names on documents and this document legally binds EOU and myself.
The Student understands and agrees that any funds extended to the Student are an educational benefit. Unless EOU initiates collection activity relating to this Financial
Responsibility and Revolving Account Agreement, or any other debt owed by the Student to EOU, the Student’s account will remain active as long as the Student receives EOU
Services and/or has an account balance, which in any event shall not exceed one (1) year from either the date of the last charge incurred, or from the date of the student’s account
payoff at Eastern Oregon University.