Deferred Payment Contract

I understand that I am responsible for all payments listed above. I understand that if I add a class that incurs extra costs after the execution of this contract, I will be required to pay for that class in full at the time of enrollment. I understand that if I drop a class that reduces my costs after the execution of this contract, that any refund will reduce only the final payment(s) due in the contract. I understand I will be responsible for a $75.00 administration fee if sufficient funds are not available to cover a check payment. I understand a $20.00 late payment charge will be added to my unpaid balance if the full payment is not received on or before the due date. I understand my account will be placed on hold with no schedule changes allowed without contacting the Cashier’s Office, or until my deferred payment contract obligations are met. I also understand that late payments may jeopardize my ability to utilize a payment plan in the future. I understand that if my payment is not received by the due date, I may be administratively withdrawn from my classes and I will owe for the classes. In the event of any default or failure on my part to meet the terms of this contract, I agree to pay any and all costs of collection, attorney fees, and court costs incurred by Rust College in the collection of the balance due on this account. My e-signature below and/or clicking the consent box above signifies that I have read, understood and hereby agree to this contract.