Tuition and Fees

Tuition Deferment Agreement

MATC has agreed to extend the due date of the Student’s Tuition to thirty (30) calendar days from the first day of scheduled classes for the current fall or spring semester or five (5) calendar days from the first day of scheduled classes for the current summer semester (the “Deferral Date”) on the following terms and conditions.

1. Student’s Obligation. Student’s obligation to pay Tuition arises from Student’s registration and agreement to pay for classes for a semester of instruction at MATC. (Tuition is defined as program fees, material fees, parking fees, supplemental fees and other class fees.)
   
   
2. Deferral. MATC hereby extends Student’s payment date for Tuition from the due date of the semester’s initial invoice until the Deferral Date, as defined above, provided that Student is enrolled for six (6) or more credits during each semester.
   
3. Payment.
   
   3.1 Student agrees to pay the sum of One Hundred Dollars ($100.00) (the “Initial Payment”) contemporaneously with the execution of this Agreement and in connection with any Renewal as set forth in Paragraph 6.3. Seventy-Five Dollars ($75.00) of this payment shall be credited toward Student’s Tuition and will be subject to MATC’s refund policies. The additional payment of Twenty-Five Dollars ($25.00) shall be a non-refundable application fee.

   3.2 Financial Aid. Student agrees that any financial aid Student is entitled to receive should be applied to the outstanding portion of Student’s Tuition (“Student’s Obligation”). Student hereby authorizes MATC to apply any financial aid to Student’s Obligation in lieu of disbursement to Student.

   3.3 Student agrees to make payment in full of the remaining amount of Student’s Obligation no later than the Deferral Date.

4. Default. In the event Student fails to make timely payment as set forth in Paragraph 3, above, and such failure to pay continues for a period of ten (10) days after the Deferral Date, this Agreement shall be in default.
   
   4.1 Default Interest. Upon default, Student’s Obligation shall accrue interest at the default rate of twelve percent (12%) per annum.
   
   4.2 Effect on Student Records. Upon default, Student’s records will be placed in a “Hold” status until Student’s Obligations, plus any applicable interest, is paid in full. Pursuant to MATC’s policy, Student will be ineligible for registration in additional classes during the period of time that Student’s records are in a Hold status.
5. Costs of Collection. Student agrees to pay all costs of collection, including reasonable attorney’s fees, incurred by MATC or its assigns in connection with Student’s default under this Agreement.
   

6. Term and Termination.
   
   6.1 Term. This Agreement shall be effective from the date first set forth above until Student has paid Student’s Obligation, plus any applicable interest and costs as set forth herein, in full.
   
   6.2 Termination. This Agreement may be terminated by MATC at any time. Termination shall have no effect on a Deferral Agreement currently existing between the parties. Termination will preclude Student from renewing this Agreement for a Renewal Term.
   
   6.3 Renewal. Provided Student is not in default, this Agreement shall automatically renew in any semester that Student pays, and MATC accepts, the Initial Payment required by Paragraph 3, above (each, a “renewal Term”).

7. Miscellaneous.
   
   7.1 Governing Law. This Agreement shall be subject to and governed by the laws of the State of Wisconsin.

   7.2 Severability. Invalidity of all or any part of any section or sections of this Agreement shall not invalidate the remainder of this Agreement or the remainder of any section or sections not invalidated. Any section shall only be invalidated to the extent necessary to cure any defect or illegality contained therein.

   7.3 Credit Reporting. MATC may, at its option, report Student’s payment history in connection with this Agreement to credit reporting agencies.

   7.4 Reporting of Social Security Number. MATC, in the course of its collection activity, may release Student’s social security number to its collection agents or other appropriate non-campus organizations.

Note: Students receiving financial aid: If the MATC Financial Aid Office has awarded financial aid funds prior to the first day of the semester, the $25 tuition deferment agreement application fee will be refunded to your student account. If you have been awarded financial aid prior to the beginning of the semester and you are enrolling in a tuition deferment agreement, you can request to have the $100 down payment waived by the Bursar.

All records, grades and transcripts will be on hold until outstanding obligations to MATC are paid.

Failure to officially withdraw from classes per the State Board Refund Policy or being officially withdrawn from a class by an instructor for nonattendance does not relieve the student of his/her tuition deferment agreement obligation. No student shall be allowed to defer fees for any semester after the payment due date.

The tuition deferment agreement is available to students through Friday of the first week of scheduled classes for the current fall or spring semester and through the last day of May for the summer semester.

The Bursar, based on extenuating circumstances, can grant exceptions to the tuition deferment agreement rules and conditions.

Hold for Indebtedness
Records and registration are withheld for students who fail to meet financial obligations that are levied by the college.

Last Modified: July 5, 2005