Semester Tuition Installment Loan Application Page 2
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4What if I am receiving financial aid?
Any tuition assistance received will be applied to financial obligations due to the college first, including all
installment payments due under the STIL plan. If financial aid approval results in a refund, it will be processed
with the regularly scheduled financial aid checks. Please see MyPage under your student account to make sure
your financial aid has been applied to your account.
What if my payment is late?
If your payment is not received by the due date, you will be assessed a $15 late fee and a hold will be
placed on your account restricting you from receiving information regarding your school records and can make
you ineligible for future registration.
What if I add classes?
If you add classes that are not on your original STIL, the tuition for those classes will automatically be added to
the installment loan and your next payment amount will increase accordingly. Please contact any campus
Cashier’s Office to pay the increased STIL amount or pay the amount due online.
What if I drop a class?
If you drop a class during the tuition refund period, the amount of credit you receive, if any, will apply to your next
STIL payment(s).
What if my check payment is dishonored by my bank?
If your check is returned to the college from the bank for a STIL payment, a returned check service fee of $20 will
be assessed in addition to the $15 late fee. Fees and penalties will be paid first prior to the application of any
payments to the outstanding balance of the installment loan.
Note***If your check is returned to the college for the initial STIL down payment your application will then be
declined, a returned check service fee of $20 will be assessed in addition to a $50 tuition late fee.
What if my account is not paid by the end of the semester?
SLCC pursues to the fullest extent of the law, all financial obligations due. Restrictions or “holds” on student
accounts can include but is not limited to: registration, transcripts, grades and graduation; liens against Utah State
Income Tax Returns; referrals to collection agencies; and litigation. Interest will be charged at the rate of 1.5%
per month (18% per year) on any amount over 30 days past due.
The STIL is an approved loan for education, which is non-dischargeable in a Bankruptcy Court. By signing the
STIL application, you agree to pay any cost incurred in the collection process of this plan including, but not limited
to: late charges, attorney’s fees, charges or commissions up to 50% that may be assessed by any collection
agency retained to pursue this issue.
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