Page 64 - Illinois Tech Student Handbook 2022-23

Notwithstanding any other provision of this Policy and in addition to any other sanction that may be imposed by the Dean of Students or their designee or the Campus Judicial Board, the housing contract of any student who either admits to or is found to have used or possessed illegal drugs in any Illinois Tech residence hall may be immediately canceled, and in such circumstance, the student must move out of the residence hall within 72 hours. The student will be financially responsible for the remainder of their room and board contract and their parents may be notified.
G. Statement of Financial Responsibility
Illinois Tech is providing you this information to ensure you understand the commitment that you are making with respect to the payment of your tuition, fees and other costs during your terms of enrollment at Illinois Tech, and by registering for courses at Illinois Tech, you are acknowledging that you have received, read and understood this information and agreed to these terms and conditions.
1. Your student account includes charges and credits assessed to you during your enrollment at Illinois Tech, including, without limitation, tuition, room, board, fees, expenses, health insurance premiums, financial aid credits and adjustments, payments made to your account, service charges for late payment, and various fines. You may view your student account at any time through the myIIT portal.
2. Each semester, a billing statement will be made available to you and such other responsible party that you designate (e.g., parent or guardian) through the myIIT portal. The bill will detail charges, payments and other credits to your account, including the amount you must pay and the date such payment is due. All notifications of new billing statements will be sent via email to your Illinois Tech email address. You are expected and you agree to monitor your Illinois Tech email account regularly.
3. If any payments that you make overpay the charges on your account, a credit will be placed on your student account to be applied toward future charges, unless you contact the Student Accounting Office to request a refund of the overpayment or you cease to be enrolled.
4. By registering for classes, you are expressly promising to assume and to take financial responsibility for the payment of all your education related charges and fees that become a part of your student account, when those charges are due, regardless of your expected reliance on third- party resources such as financial aid, family gifts, employer reimbursement, private loans, outside scholarship, grants, awards or sponsorships. Any balance due as the result of adjustments made to your estimated or confirmed financial aid or your refusal to apply for any or all of your financial aid or your inability to complete the financial aid verification shall be your responsibility to pay. You agree to supply the Financial Aid Office with any reasonable information or documents that they may request to complete the verification process in a timely manner.
5. By registering for classes, you acknowledge and agree that any outstanding balance due on your student account that is not timely paid when due is subject to service charges in the amounts or at the rates established and published by Illinois Tech from time to time and that, to the fullest extent allowed by law, you will be prevented from registering for additional courses at Illinois Tech or obtaining official documents such as diplomas or transcripts until that outstanding balance has been paid in full. You also acknowledge that failure to pay any amount due by the due date may result in an unfavorable report with credit bureaus and collection activities against you, including litigation and that Illinois Tech has the right to recover any collection and/or litigation costs so incurred.
H. Health Insurance Requirement Policy
All students registered for one academic credit or more are required to have health insurance. Additionally, Illinois Tech requires all international students to purchase Illinois Tech's health insurance, provided through Aetna Student Health. All students will be enrolled in the Student Health Insurance Plan (SHIP) when they register for at least one credit hour during the Fall 2022-2023 academic year. Coverage for the Fall semester will begin August 10, 2022.
The premium for the insurance will be added to student tuition and fees as a charge. To avoid this charge, a student must submit proof of comparable coverage online, before the add/drop deadline of the first
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