Payment Policy

All students with a balance due are automatically enrolled in a three-month payment plan and will receive an email each month reminding them to check their account balance on the my.cottey website.

After the initial three-month payment plan has passed, students with a past due balance will have a Business Office hold placed on their account and will continue to accrue monthly finance charges. Students will not be able to register for classes until the hold has been released. The three-month payment plan is listed below.

FallSpring
1st payment due August 8th1st payment due January 8th
2nd payment due September 8th2nd payment due February 8th
3rd payment due October 8th3rd payment due March 8th

Students with balances in the Business Office under $1,000.00 will have their hold lifted temporarily to allow for registration once they have met with the business office to create a payment plan.

Students may not carry a balance of $1,000.00 or greater to any future term; payment must be made to reduce their current balance to below $1,000.00 before they will be able to register. Students have until the first day of classes to get their balance below $1,000.00 and then register for classes. Please keep in mind campus housing is for current students only, so if an individual is not registered by the first day of classes the individual will be required to leave campus housing to prevent incurring further debt. Once the balance is brought below $1,000.00 students will be eligible to register for classes and reapply for campus housing.