Students at SIUE will incur certain financial obligations. Although students may be eligible for various forms of financial aid, the final responsibility for those financial obligations will be the student's. These financial responsibilities constitute an educational loan to assist in financing student's education and are not dischargeable under the United States Bankruptcy Court.
Students owing past-due debt will have a hold placed on their account blocking the release of transcripts and diplomas. Future registrations will not be permitted until the past-due debt is paid in full. A service charge of 1.5% per billing will be assessed on past-due debt. Failure to pay or make satisfactory payment arrangements may result in the account being referred to a collection agency with all reasonable collection costs added to the student's account. In addition, a claim for the debt will be submitted to the State of Illinois under Section 10.05 of the State Comptroller Act. This act authorizes the comptroller to satisfy the debt by withholding any personal warrants (such as income tax refunds) issued to the student.