503-2 Debt Collection

Title:	Debt Collection
Owner:	Student Financial Services
Last Update/Review:	08/23/2021

Policy: Aspen University requires that all amounts under promissory notes are collected. If there is failure to satisfy the financial obligations within the promissory note, Student Financial Services may turn the student account over to a collection agency.

Aspen University will have the right to deny the student future registrations and withhold grades, official transcripts and degree conferral until the full payment is received.

Purpose: The purpose of this policy is to define expectations and resolution for students with outstanding accounts receivable.

Scope: This policy applies to all students who have an outstanding accounts receivable with the University.

Document and Form(s): Not applicable.