Once you are registered for a course(s) and/or participating in the Cooperative Education Program at Drexel University, you become solely responsible for payment of the resulting tuition, fees and any other balances pursuant to the Student Financial Obligations and Tuition Repayment Agreement. Regardless of any expected reliance on any third-party resource, including but not limited to financial aid, family gifts, employer reimbursement or any other external resource, you remain personally responsible for paying any and all outstanding balances.
Failure to Pay
Should you fail to pay any outstanding balances in full when due and your account becomes delinquent, a late fee of one percent (1%) will be assessed on a monthly basis to your outstanding balance. You can always verify your student account balance by logging on to your Drexel One account.
When your account becomes delinquent, Drexel University, in addition to assessing late fees and placing a financial hold, may: 1) withhold future registration privileges or schedule adjustments; 2) withhold the awarding of any degree(s) or diplomas; and/or 3) withhold official transcripts.
Withdrawal Policy
In accordance with Drexel University’s Tuition Refund/Credit Schedule Policy, your effective date of withdrawal (whether it be from an individual course or from Drexel University) will determine the amount of credit that you may be eligible to receive, thereby reducing the total amount of fees owed to Drexel University. Please refer to the Tuition Refund/Credit Schedule on the Bursar’s Office website and the Add/Drop/Withdraw and Withdraw/Leave of Absence forms are available at http://www.drexel.edu/src.
Collections for Nonpayment
Should your student account become delinquent, Drexel University reserves the right to transfer your delinquent account to a contracted collection agency, attorney and/or credit bureau. You will be held responsible for collection costs and attorney’s fees in addition to your outstanding balance. Such fees will be assessed at a minimum of 33 and 1/3 percent of your balance due. Such fees will be assessed at a minimum of 33 and 1/3 percent of my balance due. Should legal action be necessary, this Agreement shall be construed and enforced in accordance with the laws of the Commonwealth of Pennsylvania and the parties hereby submit to the exclusive jurisdiction of the courts of Philadelphia County Court of Common Pleas, the Philadelphia Municipal Court, and the U.S. District Court of the Eastern District of Pennsylvania for litigation of any disputes arising under this Agreement.
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