Financial Resources and Information

Payment Policy and Financial Aid

Non-credit courses, certification or certificates of achievement programs at Oakland University are not eligible for financial aid. A number of banks and lending institutions offer private loan funding to assist students with the cost of education. OU will certify a private loan from any private lender. Many private loan options are available and students can choose to apply for a private loan with any banking institution of their choice. Read more about federal and private loan options.

Faculty and Staff

Due to IRS regulations, PACE non credit certificates do not qualify for the employee tuition assistance benefit. Please check with your department/unit to see if professional development funding is available to cover the costs of your chosen PACE program or explore the private aid options listed above.

Billing and Payment Terms and Conditions

Payments can be made electronically through the DestinyOne registration by students or Authorized Users. Payments can also be mailed to:

Cashier’s Office
Oakland University
North Foundation Hall, Room 120
318 Meadow Brook Road
Rochester, MI 48309-4401

Students who do not drop their course by the end of the first week of class are responsible for payment of all tuition and other charges, along with any installment plan charges, late payment charges, and all costs and attorney's fees incurred by the University to collect or attempt to collect unpaid tuition and/or other charges. The University will first apply all payments received to the oldest outstanding balances, if applicable, then to the current semester charges.

Approved Vouchers and Purchase Orders

If your company is paying on your behalf, please complete the Third Party Billing Authorization form.

Consequences of Late Payment

You may pay your student account balance online through DestinyOne Registration System. You will need your NetID and Password or your DestinyOne account username and password. The account will be credited immediately. Please remember that Student Accounts past due holds will be removed 5-10 minutes after paying the amount due. Partial payments will be reflected in the hold amount within 24 hours. See the complete list of holds that may be placed on a student’s account and contact information.

Collections

Students are responsible for payment of all tuition and other charges assessed to their student account. The University will first apply all payments received to the oldest outstanding balances, if applicable, then to the current semester charges.

If a student account balance becomes past due, the University may among other things:

• Assess late payment charges as established by the University in its sole and exclusive discretion;
• Refuse to allow the student to register for any future courses or semesters, receive other University services and/or receive a certificate;
• Refuse to release official transcripts of grades to the student and/or any other person or entity;
• Exercise any and all legal rights it may have to collect an unpaid student account balance, including without limitation referring the unpaid student account balance to an outside collection agency, reporting the unpaid student account balance to a credit bureau, offsetting the amount due against any future state tax refunds due the student and/or filing an appropriate legal action against the student.

If a student account has been referred to a collection agency, the student will receive notification from one of the collection agencies listed below. All future contact regarding the account should be made directly to the collection agency.

General Revenue Corp
(800) 234-1472
Make payments and check your balance at www.generalrevenue.com.

Williams and Fudge
(800) 849-9791
Make payments and check your balance at www.wfpayaccounts.com.

State of Michigan
(800) 950-6227

What are the consequences for defaulting on a student account?

• Credit report damage
• No mortgage loans
• May be unable to rent an apartment
• Garnishment of state tax refunds
• May have difficulty obtaining car loans