Finance Charges & Holds
Interest charge - 12% annually
Interest charges are assessed to student accounts on the first day of each month. Interest is assessed at 1% per month on all outstanding balances, even if those balances are intended to be paid by financial aid not yet posted to student accounts, including loans. Interest is not assessed on outstanding balances if a student is participating in the NBS payment plan and all payments are current.
Payment or an arrangement to cover all current financial obligations to the College is required to confirm housing and course registration each semester.
Students with unmet financial obligations will not have transcripts issued, will not be able to participate in Commencement, and will not receive their degree.
An account deemed uncollectible by the College may be transferred to a collection agency.