Student Financial Responsibility Agreement

When you log into your Student Account Center through MyNIC, Self Service; you will be asked to sign a "promise to pay"  agreeing to the student financial responsibility when registering for courses.  A copy of the full consent is listed below:

Payment of Fees/Promise to Pay

I understand that when I register for any class at North Idaho College or receive any service from North Idaho College, I accept full responsibility to pay all tuition, fees and other associated costs assessed as a result of my registration and/or receipt of services.  I further understand and agree that my registration and acceptance of these terms constitutes a promissory note agreement (i.e., a financial obligation in the form of an educational loan as defined by the U.S. Bankruptcy Code at 11 u.s.c.523(a)(8)) in which North Idaho College is providing me educational services, deferring some or all of my payment obligation for those services, and I promise to pay for all assessed tuition, fees, and other associated costs by the published or assigned due date.

I understand and agree that if I drop or withdraw from some or all of the classes for which I register, I will be responsible for paying all or a portion of tuition and fees in accordance with the published tuition refund schedule at North Idaho College.  I have read the terms and conditions of the published tuition refund schedule and understand those terms are incorporated herein by reference.  I further understand that my failure to attend class or receive a bill does not absolve me of my financial responsibility as described above.

Delinquent Accounts

Financial Holds: I understand and agree that if I fail to pay my student account bill or any monies due and owing North Idaho College by the scheduled due date, North Idaho 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 to North Idaho College by the scheduled due date, North Idaho College will assess a late payment charge of $50. An in-house payment arrangement will be available if needed.

Collection Agency Fees:  I understand and accept that if I fail to pay my student account bill or any monies due to North Idaho College by the scheduled due date, or fail to make payments based on the in-house payment arrangement, to bring my account current, North Idaho College may refer my delinquent account to a collection agency.  I further understand that I am responsible for paying the collection agency fee which may be based on a percentage at a maximum of 33% of my delinquent account, together with all costs and expenses, including reasonable attorney's fees, necessary for the collection of my delinquent account.  Finally, I understand that my delinquent account may be reported to one or more of the national credit bureaus.