Is there a penalty for a returned QP payment?
Yes. Electronic payments are treated in the same manner as paper check payments. Therefore, returned QP payments are subject to the same penalties: You may be assessed a returned payment fee of 5% of the amount of the payment with a minimum fee of $27.50. QP payments used to release an encumbrance for registration which are subsequently returned will result in the cancellation of your classes. You could also be required to make future payments in guaranteed funds only, be subject to late payment fees and the loss of University services.
