Finance and Treasury – Policies and Procedures /policies Wed, 21 Jan 2026 18:17:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 Purchasing Card Program: Cardholders Policies and Procedures /policies/all-policies/purchasing-card-program-cardholders-policies-and-procedures/ Fri, 03 Jan 2020 19:26:57 +0000 http://www.montclair.edu/policies/?post_type=policies&p=1275 The following has been provided by the Division of Finance and Treasury, Procurement Services: Purchasing Card Program: Cardholder Policies and Procedures.

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Procurement Policies and Procedures /policies/all-policies/procurement-policies-and-procedures/ Fri, 03 Jan 2020 19:21:33 +0000 http://www.montclair.edu/policies/?post_type=policies&p=1273 The following information is provided by the 精品成人福利在线 University Division of Finance and Treasury, Procurement Services. These policies and procedures were adopted after review and acceptance by the Office of the Attorney General of New Jersey and comply with applicable laws and regulations: Procurement Polices and Procedures.

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Military Tuition Assistance /policies/all-policies/military-tuition-assistance/ Fri, 20 Sep 2019 13:54:04 +0000 http://www.montclair.edu/policies/?post_type=policies&p=1222 Return of Tuition Assistance Military Tuition Assistance (TA) is awarded to a student under the assumption that the student will attend school for the entire period for which the assistance is awarded. When a student withdraws, the student may no longer be eligible for the full amount of TA funds originally awarded.

To comply with the new Department of Defense policy, 精品成人福利在线 University will return any unearned TA funds on prorated basis though at least the 60% portion of the period for which funds were provided. TA funds were earned proportionally during an enrollment period, with unearned funds returned based upon when a student stops attending. These funds are returned to the military Service branch.

Instances when a Service member stops attending due to a military service obligation, the educational institution will work with the affected Service member to identify solutions that will not result in student debt for the returned portion.

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Student Accounts /policies/all-policies/student-accounts/ Wed, 13 Mar 2019 15:01:14 +0000 http://www.montclair.edu/policies/?post_type=policies&p=947 This information is meant only to provide you with an overview of Bursar policy and procedures. For questions regarding our policies please contact Student Accounts.

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Student Accounts: Tuition and Fee Appeal /policies/all-policies/tuition-and-fee-appeal/ Fri, 14 Sep 2018 13:17:26 +0000 http://www.montclair.edu/university-policies/?post_type=policies&p=579 Policy Statement:

After classes have begun, a student may experience an extenuating circumstance beyond his or her control that prohibits the student’s continued attendance at 精品成人福利在线 University.

In such a case, the student may be eligible to receive a full tuition adjustment by filing a Tuition Appeal within听6 months听from the last date of the semester.

精品成人福利在线 University will review a request for tuition and fee appeals provided the student meets the requirements of the University’s policy on Tuition and Fees Appeals and submits supporting documentation on official letterhead. Appeals that are incomplete or do not have substantial information for a legitimate appeal will be denied. Appeals must be submitted no later than听6 months听from last date of the semester.

Submitting an Appeal:

Students must officially withdraw from courses before their appeal will be considered.

Appeal documents are accepted in person at:

Mail To:

Office of Student Accounts
College Hall, Room 218
Montclair, New Jersey 07043

贵补虫:听973-655-4421
贰尘补颈濒:听Appeal@montclair.edu

Appeal Process:

All appeals are referred to the Tuition and Fees Appeal Committee. This committee is comprised of representatives from the Offices of: Student Accounts, Dean鈥檚 Office, Financial Aid, Registrar and other departments, as we deem appropriate per your appeal. Appeals are reviewed on first come, first serve basis. Depending upon the complexity of the appeal and receipt of all supporting documentation, the processing time may vary from six to eight weeks. This time cannot be expedited. Please be mindful of this if you are interested in
registering for future terms or in need of a transcript.

鈥ppeals are approved when a majority of the committee decides in favor of the request.

鈥ommittee decisions are final.

Financial Aid

An approved Tuition Adjustment Appeal may affect your financial aid for the semester in which your appeal is approved. You may wish to contact the Financial Aid Office to understand the ramifications of a successful appeal prior to completing and submitting the Tuition/Fee Appeal Statement and the Tuition Adjustment Appeal Request Form.

Instructions/Checklist

Review the acceptable and unacceptable list of reasons to request an adjustment. Consider why an exception to the published policy is justified for your situation. 精品成人福利在线 University has published policies on fees, charges, and refunds. is available from the Office of Student Accounts website. Requests that do not comply with the policy are not considered.

Tuition/Fee Adjustment Appeals may be considered for the following extenuating circumstances when the appropriate supporting documentation is provided:

  • Medical Withdrawal based on physical illness of the student (including hospitalization)–documented by a physician’s statement or other medical support on official letterhead, and including date of onset.听(Submit all documents to the Dean of Students听NOT听the Office of Student Accounts)
  • Physical or mental illness of the student’s immediate family member (including hospitalization) who is dependent upon the student for support–documented by physician’s statement or other medical support on official letterhead, including date of onset.
  • Death of a student’s immediate family member. 鈥淚mmediate family鈥 is defined as parents, spouse, children, brother or sister, (either blood or by marriage) with a certified copy of death certificate.
  • Mandatory and unforeseen job transfers outside of 精品成人福利在线 University locales -documented by employer on official letterhead.
  • Involuntary changes in employment schedule documented by employer on official letterhead.
  • Loss of employment does not apply
  • Late notification of denial to a specific degree program–with supporting documents on official letterhead.
Tuition/Fee Adjustment Appeals will NOT be approved in the following instances:

  • Personal errors in judgment or irresponsibility involving transportation, availability of finances, academic ability, time management.
  • Misinterpretation or lack of knowledge of University policies and/or procedures.
  • Dissatisfaction with instructor, course content, or delivery of instruction.
  • Dissatisfaction with academic progress in course.
  • Appeals of non-refundable/mandatory fees.
  • Non-attendance or minimal attendance of class.
  • Inadequate investigation of course requirements prior to registration and attendance.
  • Non-qualification, late application, or loss of eligibility for financial aid or scholarships.
  • Requests to defer tuition payment to next semester charges.
  • Non-receipt of mail due to obsolete/incorrect address on file with the Office of the University Registrar.
  • Failures to activate or maintain your official WESS e-mail account.
  • Student errors resulting in the delay of administrative processes relative to registration or the delivery of financial aid funds.
  • Voluntary acceptance of employment or other activity impacting ability to attend classes.
  • Loss of employment

 

 

must be completed in its entirely and submitted to the Office of Student Accounts.鈥屸赌

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Student Accounts: Refunds and Withdrawals /policies/all-policies/refunds-and-withdrawals/ Fri, 14 Sep 2018 13:10:26 +0000 http://www.montclair.edu/university-policies/?post_type=policies&p=568 Refunds

Students may be eligible for a refund of financial aid, loan credits, or payments that exceed the charges on their student account. Refunds generated by personal payments may be held up to 14 days to assure that the funds have cleared. Students will receive their refund either by direct deposit or paper check. We highly encourage students to sign up for direct deposit in order to receive refunds in a much faster pace!

[Addendum: Email messages were sent to resident and commuter students who are eligible for housing and/or meal plan adjustments on Friday, April 3.]

Direct Deposit for Student Refunds

The University offers a secure direct deposit service through which students can have their refunds deposited directly to the checking or savings account of their choice. This service enables quicker access to funds rather than waiting for a check to arrive through the mail.

Students may sign up for direct deposit of their student refund checks online via听

Note: Only U.S. bank accounts can be used for this service.

Paper Check for Student Refunds

Students who have not signed up for direct deposit will have their refund checks mailed to their current address on file. It is important students keep a current active address on file. If a valid address is not in the student system, the refund check can become lost or returned by the mail carrier.

Withdrawal

The University reserves the right to terminate the enrollment of any student whose conduct, class attendance, academic record or financial obligation should prove unsatisfactory.

Once you have registered for classes, you are responsible for all charges associated with the semester.听 If you decide not to attend any or all of your courses, you must officially withdraw through听听or submit a written notice to Red Hawk Central.听 Students who do not withdraw or take a leave of absence according to policy forfeit all rights to a refund or to a reduction in his/her account. It is the student鈥檚 obligation to drop/withdraw from his/her classes. Students who drop/ withdraw and have received financial aid may have his/her aid returned to the appropriate agency.

Medical Withdrawal

All medical appeals are handled through the Dean of Students. All pertinent paperwork must be presented to the Dean of Students Office which is located in the Student Center Room 400.听 A full or partial refund of tuition/fees and room/board may be granted with medical justification.听You may also need to complete a formal assessment.听 The Dean will send a letter indicating whether or not your appeal has been approved and if you are eligible for a reimbursement with the percentage that will be refunded to you.听Your tuition and fee adjustments will be determined using the effective date on your official documentation.听 Room and board adjustments will be prorated based on use of meal plan and time spend in housing.听The Dean of Students will inform the听Office of听Student Accounts. Please keep in mind any adjustments to your account may affect your aid.听 Any balance that results from a reduction in aid is the responsibility of the student.

Students considering withdrawal from the University should speak to a counselor and review听听available by the Registrar鈥檚 Office.

Room and Board Adjustments

Students approved for a medical withdrawal by the Dean or Associate Dean of Students听may听be eligible to receive a prorated room and board adjustment based on the final occupancy date of the on-campus housing assignment.听听 The student will be notified in writing by the Dean or Associate Dean approving the medical withdrawal with an effective date.听The date that the student removes all personal belongings and returns the residence key/card, will determine the student’s eligibility for any room and board adjustment.

The Dean or Associate Dean of Students will inform the Office of Student Accounts, so it will not be necessary for you to submit an Appeal Letter or valid medical proof to the Office of Student Accounts.听 You will need to submit all paperwork to the Dean of Students office which is located in the Student Center Room 400.听 You may also need to complete a formal assessment.听 Please keep in mind any adjustments to your account may affect your aid.听 Students that withdraw and have received financial aid may want to contact the Financial Aid Office at (973)655-4461 or听financialaid@montclair.edu. Some of your aid may need to be returned. Any balance that results from a reduction in aid is the responsibility of the student.

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Student Accounts: Direct Deposit /policies/all-policies/direct-deposit/ Fri, 14 Sep 2018 13:09:13 +0000 http://www.montclair.edu/university-policies/?post_type=policies&p=566 精品成人福利在线 University offers the use of听DIRECT DEPOSIT听for all types of refund checks that are generated by activity on your student account. Your money will be deposited directly into your checking or savings account. To participate in this service all you will need to do is complete a听Direct Deposit听form.

The advantages of this service:

  • Easy management of your account using听听(Network Engagement and Student/Staff Transactions). There will be no need to visit an administrative office to complete the form.
  • You will not have to worry about your check being lost, stolen or misplaced.
  • Easy accessibility of your money via your checking or savings account.
  • No need to make a special trip to Student Accounts or home for the weekend to pick up your check.
  • It will not be necessary to travel to a bank to deposit or cash your check.
  • The opportunity to use some of the benefits offered by your banking institution such as online banking services, ATM service and a debit card.

Direct Deposit Questions & Answers

What is Direct Deposit?

Direct deposit is also known as Electronic Funds Transfer (EFT). It is the transfer of funds from 精品成人福利在线 University to an individual student鈥檚 checking or savings account at a participating bank, savings and loan association or credit union. Direct deposit delivers your money quickly and safely. The difference is a check isn鈥檛 printed or mailed.

Are there any costs for my participating in Direct Deposit?

No, the program is offered as a service to our students.

I鈥檓 interested in Direct Deposit, but I do not know if it is for me?

If you have an account, visit your bank or credit union. They can answer your questions about Direct Deposit. If you do not have an account, consider opening one. Many banks offer a variety of accounts, some with little or no fees.

Where do I sign up for Direct Deposit?

You can log onto your听听account and complete the form online. You can also visit Student Accounts in College Hall, Room 218 and use the terminals on the counter. You can easily manage your information by using your听听account which is generally available 7am to 11pm, Monday-Friday and noon to 6pm, Saturday鈥揝unday.

The enrollment form asks for my checking or savings account number and my bank鈥檚 transit routing number. How do I find that information?

Checking and savings account numbers are normally noted at the bottom of checks and deposit slips as well as the nine digit bank transit routing number. In order to avoid confusion on properly recording your bank鈥檚 transit routing number, you can bring a voided check or deposit slip to your bank or Student Accounts. Someone will help you complete the form.

When can I use my money?

Your money is available for use as soon as it is deposited into your account. You can write checks, withdraw money and transfer into different accounts. Anything you usually do with your money now, you can also do with Direct Deposit.

After I sign up for Direct Deposit, do I have to stay with the same bank?

No, you can use Direct Deposit at any bank. If you move your account to another bank, you can change your information by logging onto your听听account or by visiting Student Accounts in College Hall, Room 218. If you choose to enroll in Direct Deposit but subsequently change your mind, you can deactivate your account also using听.

Who should I contact if I have any questions?

You may contact the office of Student Accounts at 973-655-4105 or the Financial Aid office at 973-655-7022.

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Student Accounts: Credit Card Payments /policies/all-policies/credit-cards/ Fri, 14 Sep 2018 13:06:49 +0000 http://www.montclair.edu/university-policies/?post_type=policies&p=562 Credit cards payments are accepted online only.

The Cashier鈥檚 Office at 精品成人福利在线 University does not accept credit cards for payment of student accounts.

Web Credit Card Payments:听精品成人福利在线 University only accepts credit card tuition payments online. Students must sign on to the听 to process payment. Once payment is processed, a confirmation email will be sent to the student’s email address. The student’s account will then be immediately updated with the payment. Please note, a non-refundable 2.95% convenience fee will be added to the amount charged by our credit card servicer.

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Student Accounts: Collections /policies/all-policies/student-collections/ Fri, 14 Sep 2018 12:58:59 +0000 http://www.montclair.edu/university-policies/?post_type=policies&p=555 The Collection Office with the Office of Student Accounts is responsible for the recovery of monies owed to 精品成人福利在线 University by students no longer enrolled. This collective debt includes outstanding student account balances for past semesters. The student is responsible for payments of the resulting tuition, fees, and any other balance incurred after financial award(s) or student loan(s) may have been granted. Regardless of any expected reliance on any third-party resource, including but not limited to financial aid, family gifts, employer reimbursement or any other external resource.

If an account is in a delinquent or defaulted status, a financial hold is placed on the account. Any request for transcripts, re-admission, diplomas and/or certifications are denied until the delinquency or default has been satisfied. Students are expected to pay their outstanding balance in full or establish an internal payment plan with 精品成人福利在线 University. If the student鈥檚 financial commitment to 精品成人福利在线 University becomes delinquent at any time, the Office of Student Accounts may send notification to the student’s MSU email and/or mailing address on file. It is the student鈥檚 obligation to update any address 精品成人福利在线 University has on record. Financial obligations include but are not limited to tuition, room, board, course fees, parking fines, library fines, residence hall fines and any special fees or fines charged to a student鈥檚 account. If any notice is returned by the post office, the student account will automatically be placed with a collection agency.

Past Due Collections

Once an account becomes past due 精品成人福利在线 University will begin active collection proceedings according to its Collection policy. This may include making contact with students by a series of letters urging students to contact the Office of Student Accounts /Collections to arrange payment for their accounts.

It is important for students to contact us immediately to arrange payment for their account if they receive notice that their account is past due. 精品成人福利在线 University is more than willing to accept payment arrangements to facilitate payments of student accounts. It is also the student鈥檚 responsibility to keep the university abreast of changes in the demographic information.

After the Office of Student Accounts/ Collections Office has exhausted its efforts of collecting a debt or any correspondences to you are returned by the post office, the debt will be referred to a collection agency for further action. This may include legal action.

If a student has signed a 精品成人福利在线 University internal payment plan contract or promissory note, and is placed with a collection agency, all costs by the collection agency or attempting to collect the debt will be charged to the student. These costs can include, but are not limited to, collection costs charged by a collection agency, skip tracing fees, fees incurred in obtaining legal documents, reasonable attorney’s fees, and fees charged to send notices via registered mail. Once an account has been transferred to a collection agency, students will need to contact the collection agency directly to arrange payment.

精品成人福利在线 University (MSU) no longer mails paper bills or statements.听 Students not receiving a mailed bill or statement does not constitute as a valid justification for lack of remitting payment. It is the student鈥檚 responsibility to view their account on NEST. If you no longer have access to your听NEST account, please contact our office for further assistance in resolving your account balance.

COLLECTION AGENCY ASSIGNMENTS

Once a student account has been placed in Collections, the student must contact the assigned collection agency to resolve the balance and/or make payment arrangements. Once an account is placed, payment arrangements can no longer be made with 精品成人福利在线 University. The student will then be liable for all collection and/or attorney fees (20%-40% of the amount placed in collection).

听Collection Agency Contact Information for Students:

Heartland ECSI

(Billing Servicer for Perkins Loan only)

100 Global View Drive

Warrendale, PA 15086

1-888-549-3274

EOS CCA

700 Longwater Drive

Norwell, Massachusetts, 02061

1-877-354-4889

Progressive Financial Services, Inc.

1919 West Fairmont Drive

Tempe, Arizona 85282

1-800-347-0165 or 1-800-565-8902

Reliant Capital Solutions

PO BOX 30469

Columbus OH 43230

Perkins听Tel:听866-738-3178

Tuition Tel:听866-738-3179

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AP Checklist /policies/all-policies/ap-checklist/ Fri, 14 Sep 2018 12:41:14 +0000 http://www.montclair.edu/university-policies/?post_type=policies&p=533 Helpful Hints to Avoid Delays in Processing Payments

The following are required items to be submitted:

  • Vendor ID
  • Original itemized receipt or invoice
  • Fiscal agent signature
  • Employee CWID
  • Proof of payment
  • Valid purchase order number (Not the requisition number).

In addition, check to be sure your submission is in compliance with the following:

  • Be sure you have downloaded the latest forms. DO NOT COPY OLD FORMS! If the form you have requires a SSN number please throw it away! We don鈥檛 require this information.
  • Use a valid account number.
  • Deduct sales tax or alcohol.
  • Check your purchase order amount to see if an increase is needed.
  • Employee compensation must be processed through Payroll.
  • Travel related expenses are reported on a听
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