Request and completion of registration constitutes a contractual financial obligation to pay tuition and fees for which I am liable. I am responsible for reading and understanding the current Drop/Refund policy of the University as it appears in the current Schedule of Classes. Permission to cancel enrollment does not constitute, nor shall it be construed as, a waiver by UK of my financial obligation. I understand that any financial assistance I receive will be applied against my billed charges to reduce my financial obligation.
I am responsible for all outstanding debts and contracts with the University. The University reserves the right to assess financial penalties (including collection costs) on any indebtedness. Any past-due accounts may be referred to an outside collection agency which could result in such collection fees. If my account is referred to an outside collection agency, I understand and agree to reimburse the University for the fees of any collection agency, which may be based on a percentage at a maximum of 33% of the debt, and all costs and expenses, including reasonable attorney’s fees, the University incurs in such collection efforts.
I authorize the University, its vendor partners, collection agencies and its respective agents and contractors to contact me regarding my loan request or my loan(s) and/or other accounts, including repayment of my loan(s) and/or other accounts, at the current or any future number that I provide for my cellular phone or other wireless device using automated telephone equipment or artificial or pre-recorded voice or text messages.
I understand that the University is required to report certain qualified tuition and expenses billed to me to the Internal Revenue Service (IRS) on an annual basis on a Form 1098-T. If the University is required to file a Form 1098-T for me, I will be required to provide my social security number (SSN) or other taxpayer identification number (TIN). I understand that failure to provide a SSN and TIN when required may result in a penalty imposed by the IRS and may affect my ability to claim certain federal education tax credits or deductions for qualified tuition and expenses. I understand that the Form 1098-T is provided online through myUK each calendar year.