No student registering or paying fees late may be excused from paying the late payment fee, nor will the fee be refunded unless there are extreme, unusual circumstances. The bursar will determine eligibility for a waiver or refund, and such waivers or refunds will be at the discretion of that office. The University offers an installment prepayment plan through Accounts Receivable whereby tuition, fees, and room and board are billed monthly with no finance or interest charges. Quarterly invoices will be prepared for all changes occurring after the initial bill. Payments may be made after the Cashier's Office window has closed by using the drop box located in the main lobby of the Administration and Student Services Building.
Payment is declared void if a check is returned for nonsufficient funds.
Financial aid awards, except employment, will be credited against the balance due. A check with restrictive notations can be accepted only for the purpose noted. All enrolled MTU students are required to pay their academic departments a fee for basic computing. Students auditing courses will be charged the same fees as if the courses were taken for credit. Co-op students and student teachers may be exempt from the computer access fee.