Financial Aid Terms and Conditions
When a student registers for courses at Franklin Pierce University, she/he agrees to the following:
PAYMENT OF FEES/PROMISE TO PAY
I understand that when I register for any class at Franklin Pierce University or receive any service from Franklin Pierce University 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 Franklin Pierce University 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 as outlined in the
I also understand and agree that if I drop or withdraw from some or all of my classes for which I register that it may impact my financial aid as set forth in the Terms and Conditions of Financial Aid Award (which is incorporated here by reference).
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.
MODIFICATION/CANCELATION OF CLASSES
I understand that there may be instances beyond the control of Franklin Pierce University
that result in a modification or cancelation of classes and/or closure of the University.
Such instances may include, but are not limited to: (a) acts of God; (b) flood, fire,
earthquake or explosion; (c) war, invasion, hostilities (whether war is declared or
not), terrorist threats or acts, riot, or other civil unrest; (d) actions, embargoes
or blockades in effect on or after the date of this Agreement; (e) action by any Governmental
(f) national or regional emergency; (g) strikes, labor stoppages, or slowdowns or other industrial disturbances; and (h) epidemic or pandemic (each a "Force Majeure Event").
I understand and agree that no refund of tuition, fees or room and board will be offered in the case of modification or cancelation of classes and/or closure of the University resulting from a Force Majeure Event unless I formally withdraw from the University, in which case the above referenced refund schedule will apply and will provide my sole remedy. Except for the payment of the scheduled refund upon my withdrawal from the University, I hereby waive any and all claims against the University arising out of or related to the modification or cancelation of classes and/or closure of the University and that arise out of or relate to a Force Majeure Event.
Financial Hold: I understand and agree that if I fail to pay my student account bill or any monies due and owing Franklin Pierce University by the scheduled due date, Franklin Pierce University 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 and owing Franklin Pierce University by the scheduled due date that Franklin Pierce University will assess late payment and/or finance charges at the rate outlined in the University catalogue.
Collection Agency Fees: I understand and accept that if I fail to pay my student account bill or any monies due and owing Franklin Pierce University by the scheduled due date, and fail to make acceptable payment arrangements to bring my account current, Franklin Pierce University 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 40% (forty percent) 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.
I understand and agree that Franklin Pierce University uses email as an official method of communication with me, and that therefore I am responsible for reading the emails I receive from Franklin Pierce University on a timely basis.
I authorize Franklin Pierce University and its agents and contractors to contact me at my current and any future cellphone number(s), email address(es), or wireless device(s) regarding my delinquent student account(s)/loan(s), any other debt I owe to Franklin Pierce University, or to receive general information from Franklin Pierce University. I authorize Franklin Pierce University and its agents and contractors to use automated telephone dialing equipment, artificial or prerecorded voice or text messages, and personal calls and emails in their efforts to contact me.
I understand and agree that I am responsible for keeping Franklin Pierce University records up to date with my current mailing addresses, email addresses, and phone numbers by updating this information with the Office of the Registrar; e-mail firstname.lastname@example.org. Upon leaving Franklin Pierce University for any reason, it is my responsibility to provide Franklin Pierce University with updated contact information for purposes of continued communication regarding any amounts that remain due and owing to Franklin Pierce University.
I understand that Franklin Pierce University uses electronic billing (e-bill) as its official billing method, and therefore I am responsible for viewing and paying my student account e-bill by the scheduled due date. I further understand that failure to review my e-bill does not constitute a valid reason for not paying my bill on time. E-bill information is available via the student CampusWeb portal at the following
I understand that administrative, clerical or technical billing errors do not absolve
me of my financial responsibility to pay the correct amount of tuition, fees and other
associated financial obligations assessed as a result of my registration at Franklin Pierce University.
RETURNED PAYMENTS/FAILED PAYMENT AGREEMENTS
If a payment made to my student account is returned by the bank for any reason, I agree to repay the original amount of the payment plus a returned payment fee as outlined in the University Catalogue.
If I decide to completely withdraw from Franklin Pierce University, I will follow the instructions outlined in the University Catalogue which I understand and agree are incorporated herein by reference.
I understand and agree that if I am younger than the applicable age of majority when I execute this agreement that the educational services provided by Franklin Pierce University are a necessity, and I am contractually obligated pursuant to the “doctrine of necessaries.”
Each party agrees that the electronic signatures, in any form, including but not limited to digital or encrypted, of the parties included in this document/agreement are intended to authenticate this writing and to have the same force and effect as manual signatures.