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Returned Check Policy
Posted By Delandual Conwell On October 18, 2013 @ 10:52 am In | Comments Disabled
There is a $50.00 fee on all returned checks.
In the event that a check has been returned, the issuer will be notified and informed that they have 10 days to make *restitution, including any related fees to prevent any further collection activity. Once the university is informed of a returned check, a hold will be placed on the individual’s account. A personal check will not be accepted as repayment for a returned check.
*(Restitution must be made in the form of cash, certified/cashier’s check, or money order.)
A HOLD is a restriction that is placed on the student’s account. The Bursar’s Office places two types of holds on student accounts:
Students can check HOLD information by accessing their account online using the KSU WIRED .
Article printed from Kentucky State University: http://kysu.edu
URL to article: http://kysu.edu/administration-governance/finance-business/bursar-student-finance-and-collection/returned-check-policy/
URLs in this post:
 WIRED: https://ksuprodssb1.kysu.edu:9000/PROD/twbkwbis.P_GenMenu?name=homepage
 firstname.lastname@example.org: mailto:email@example.com
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