Outstanding Balance Hold. Registration Hold. Transcript Hold

All balances must be paid in full by the end of each semester/term enrolled.

Students with outstanding balances will not be permitted to receive grade reports, transcripts, diplomas, or participate in commencement (graduation) exercises, and all credit for the term may be lost. 
Also, the student will not be allowed to register for future semesters at Nyack College/ATS if there is an unpaid balance." 

A finance charge of 1.5% per month will be applied to all accounts with outstanding balances (due to missing paperwork or bounced checks, missed payments, etc.) at the end of each month and will be compounded monthly, except for those students who are enrolled in, and all payments are current, under the Automatic Payment Plan.   

If any legal effort or action is required to collect any sum due on the signed financial agreement, the student agrees to pay all collection and legal fees and costs that are incurred.  The financial agreement and the rights and obligations of the Payer to Nyack College and any subsequent holder shall be governed in all respects by the laws of the State of New York

Nyack Catalog - Outstanding Balance Page 288

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