Overdue Accounts

Overdue Accounts

An interest charge at the rate of 1.5% (18.25% annualized, 19.56% annual compounded) will be assessed monthly on all student accounts with balances outstanding after the relevant due date for fees incurred. Interest will not be waived for late payments.

Overdue outstanding accounts with the University are marked with a balance code. This will prevent the student from receiving a degree or statement of final grades, or having any such statement furnished to parties outside the University until the debt has been cleared to the University's satisfaction. Inservice and Teacher Education students will not have credentials recommended to the Ontario College of Teachers if a balance remains outstanding. Registration for future courses is also prohibited.

Brock University reserves the right to deregister students from courses for non-payment; however, non-payment does not constitute proper withdrawal from courses.

Seriously delinquent accounts will be sent to pre-collections, and a $20 charge will be assessed. The University works with a collection agency to collect on delinquent accounts.

If you anticipate having a potential difficulty regarding your payment, please contact the Student Accounts Finance Office, or Student Awards and Financial Aid, as early as possible. Graduate students should contact the Faculty of Graduate Studies  to find out if you may qualify for assistance.

 OSAP Students: You must redirect funding to the University for the following to apply:

Students with a confirmed OSAP assessment before July 31 of $10,000.00 or more may pay a reduced residence 1st instalment amount.  Please see the Residence Fees page for details.  That amount is subject to change, based on your registration and or reassessments made by OSAP.  It is the student's responsibility to ensure their OSAP application is complete and a confirmed assessment has been obtained in order for the University to receive funds in a timely manner.  Interest charges will accrue on outstanding balances as noted above.