Policy and Procedure Manual

503-4 Returned Checks

Title:

Returned Checks

Owner:

VP Student Accounts

Last Update/Review:

08/31/2023


Policy: If a check is returned due to insufficient funds or any other reason, the student will be notified of this action and assessed a return check fee. 

Purpose: The purpose of this policy is to define what may take place if a check is returned by the banking institution

Scope: This policy applies to all instances when a check is returned. 

Document and Form(s): Not applicable.