Due Dates
Tuition and fees are due in full by the end of the add/drop deadline each semester (typically two weeks after the first day of class). Please see the dates on the homepage to learn about the due dates for each individual semester.
Late Fees
Any student who fails to meet the required payments will be assessed a monthly late penalty equal to 2% - 5% of the outstanding balance. Late fees will continue to accrue on the unpaid account balance until it is paid in full.
Holds
If your account has an unpaid balance you will have a hold placed on your account, preventing registration. Holds will prevent the release of diplomas as well as further registration until the balance is paid in full.
To View Holds
To see the status of any holds, log in to the Illinois Tech Portal and search for “Registration Dashboard” or locate it under Tools. In the dashboard, see your registration status under the “Prepare for Registration” section.
Any holds placed on your account will be visible on this screen. Contact information for the department issuing the hold will be listed as well. Please note that not all holds placed on student records/registration originate from the Student Accounting's Office.
A communication is sent to students monthly if the balance remains unpaid. This communication will outline the actions that must be taken by the student, and the timeframe in which these actions must be completed.
Transcripts
If you have a Student Accounting hold on your account, you can still obtain official transcripts depending on certain situations. Please visit the Office of the Registrar for details.
Never Ignore an Attempt by Our Staff to Contact You
Making an appointment with a Student Accounting Specialist as soon as communication has been received regarding an outstanding balance will increase your options for resolving the balance. There may even be a possibility of financial assistance to resolve your account debt. A delayed response could mean the loss of financial aid for which you may have been eligible.
If you are a student over 18 years of age, you are legally responsible for the payment of your student account, not your parent or guardian. The actions you take regarding the notices you receive can impact your future credit. Failure to resolve an outstanding balance in a responsible and timely manner could result in any or all of the following:
- Reporting of the debt to credit bureaus
- Listing of the account with the State Comptroller's Offset Program
- Remanding of the account to a collection agency
- Litigation