Financial Irresponsibility
________________________________________
Document Number: STUD--132
Revision #: 2.0
Document Owner: VP of Business and Finance
Date Last Updated: 05/29/2018
Primary Author: VP of Business and Finance
Status: Approved
Date Originally Created: 11/14/2011
________________________________________
General Description
Description:
Information on financial irresponsibility relative to students
Purpose:
Delineation of policy
Scope:
Students
Responsibility:
Administration
________________________________________
Requirements
Relevant Knowledge:
State statutes
Standards of good practice
Standard company policies
Local statutes
Federal statutes
Current University policy
National Greek policies
Terms and Definitions:
Additional training
Corrective Action
Expulsion
Loss of privilege, general
Suspension-student
________________________________________
Policy Provisions
1. Financial Irresponsibility
Financial irresponsibility, which is defined as the failure to meet one's financial responsibilities to the institution promptly, including, but not limited to, knowingly passing a worthless check or money order in payment to the institution or to a member of the institutional community acting in an official capacity, is prohibited and may result in disciplinary sanctions or legal action.
________________________________________
Performance Evaluation
Performance Metrics:
Compliance with standard policy and procedure
Compliance with federal mandate
Consequences:
Criminal Prosecution
Expulsion
Further training
Loss of privileges
Suspension-student
________________________________________
Subject Experts
The following may be consulted for additional information.
VP of Business and Finance