Accounts are reviewed on a daily basis to verify that students have enough funds to cover their account. This information is based on the classes a student is currently charged for and compared to their current account balance and funding. If it is seen that a student may not have enough aid to cover the balance, a hold is placed on their account.
Students who use a company letter for company reimbursement as a form of payment have 90 days to pay for that course. If the account is not paid in the 90 day time period a hold is placed on the student account until any balance over 90 days is brought current. If you submit any type of paperwork for your course this must be attached to your payment form on your first night of class. If you are missing any paperwork, this can cause a hold to be placed on your student account. If you have a delinquent balance on your account, you are in jeopardy of being sent to collections. Once this happens you cannot enroll into any courses until the amount is paid. You are also charged 10% of your balance for the late payment penalty. Every October delinquent student accounts are submitted to the Municipal Association of South Carolina. They then submit the information to the state revenue office who will garnish a student’s state taxes to pay Limestone College until the outstanding balance on that student’s account is paid in full. Letters are mailed out to inform students if their account is being sent to MASC and the amount of the past due bill. No further notices are sent after the initial letter is mailed. There is also a $75.00 service fee each time a tax refund is garnished.
Accounts that are not eligible to be submitted to MASC for any reason, will be submitted to an outside collection agency. A 10% collection fee along with any fees from the agency will be due. This transaction will be submitted to credit reporting agencies also.
If you have any questions about your holds you can contact Karen Jones.
1-800-795-7151 ext 4464 Karen Jones,