* Required

Promise to Pay

This agreement is between the student and Presentation College. The Federal Truth-in-Lending Act requires a complete disclosure of the terms and conditions governing the payment of these obligations and the method of calculating any applicable finance charge. To comply with these regulations, Presentation College asks the student to carefully read the following disclosures, terms, and conditions before signing this agreement. If there are any questions, please contact the Student Accounts Office for an explanation.

At Presentation College (hereafter referred to as “the College”) the payment of tuition, fees and all other charges are recorded on the student billing account at the time of registration. An electronic billing statement will be available through the student portal at the time of registration and will itemize student payment obligations to the College including but not limited to the following: tuition, room, board, course fees, and any other charges. The billing statement will also itemize any credits known at that time which are due to the student for the term, such as grant or loan aid, the deposit made, etc. Any changes in the student’s obligations, caused by a change in schedule or in aid for the term, will be itemized on the student’s electronic ledger available through the student portal. It is the students' responsibility to check their ledger periodically throughout the term.

Students are expected to pay any balance due to the College by the first day of classes. The balance due is calculated based on the term charges less payments made to date and less the pending financial aid shown on the statement. Any Student with a remaining balance after the first day of classes will be auto enrolled in a Payment Plan. All balances are subject to change until the last day to add/drop of the term, fines/fees may be added at any point in the term as needed. Students must make their tuition deposit (non-refundable) and suite deposit prior to moving on campus, participating in practice (as a student-athlete), or attending class. Administrative, clerical, or technical billing errors do not absolve the student of financial responsibility to pay the correct amount of tuition, fees and other associated financial obligations assessed as a result of registration at Presentation College.

Presentation College offers the benefit of a payment plan. A $60 payment plan service fee is charged to all participating accounts for the calculation and maintenance of the plan. The payment plan breaks the original balance due for the term plus the payment plan fee into three monthly expected payments, two monthly expected payments in the summer term. This breakdown is calculated by the Manager of Student Accounts and is communicated to all students at the beginning of the term to their PC emails. Students who fail to pay any balance due at the specified time each month will incur a $25 late fee and a finance charge of two percent (2%), this includes any delinquent or alternative payment plan agreements. Accounts with balances after the first day of classes will be auto enrolled in the payment plan.

Fall/Spring Term:

By the 15th of the first full month of the term half of the original balance plus the payment plan service fee is due. By the 15th of the second full month of the term 50% of the current balance is due. By the 15th of the final full month of the term the remaining balance of the term is due.

Summer Term:

By the 15th of the first full month of the term half of the original balance plus the payment plan service fee is due. By the 15th of the final full month of the term the remaining balance of the term is due.

If a payment made to a student account is returned by the bank for any reason, the student will repay the original amount of the payment due plus a returned payment fee of $40, as allowed by law. Multiple returned payments and/or failure to comply with the terms of any payment plan or agreement entered into with Presentation College may result in administrative withdrawal from the term/or suspension of student eligibility to register for future classes at Presentation College. When an account becomes past due, the College has the right to take actions to collect the balance which includes, but is not limited to: suspension of Moodle access, denial of registration for future terms, restriction of athletic participation, withholding course credits, academic transcripts and diploma(s), obtaining the student’s credit report, reporting the student’s balance to credit reporting agencies, referring the student’s account to a collection agency, and taking legal action to collect the balance due. The student authorizes the College, and those concerned with collecting the balance owed, to use all telephone numbers provided by the student. This includes cell phones and the use of auto-dialers to contact the student. The student authorizes the College to release financial information about his/her account to those concerned with collecting the balance owed. In the event the College incurs any expenses in collecting on the student’s account, the student agrees to pay the College’s cost of collection. This includes, but is not limited to, a collection agency fee and/or reasonable attorney’s fees, depending on the actions necessary to collect the debt. The College reserves the right to terminate the student’s privilege of paying his/her account under payment plan. In the event of such a termination, the entire balance shall be immediately due and payable.

This payment agreement will cover the student’s obligations to Presentation College for as long as the student continues to incur obligations to the College and/or has an outstanding balance on their account. This payment agreement supersedes any existing payment agreements between the student and the college and becomes effective for any amounts still owing to the College.

The student agrees to inform the College of any change in their home and billing addresses and phone number(s).

Student Billing Rights

This section contains important information about the student’s rights and the College’s responsibilities under the Fair Credit Billing Act.

Presentation College must be notified in case of errors or questions about the student’s billing statement.

If the billing statement contains an error, or to request more information about a transaction on the billing statement, the student must write the College (on a separate sheet) at Presentation College, Student Accounts, 1500 S Main St., Aberdeen, SD 57401. The College must receive written notice no later than 60 days after the College sent the student the first billing statement on which the error or problem appeared. You may telephone us, but doing so will not preserve your rights.

The letter should contain the following:

a. The student’s current name, name while attending, and Student ID;

b. The dollar amount of the suspected error;

c. A description and explanation (if possible) of the error and why it exists;

d. If requesting additional information, a description of what is in question.

Presentation College will send an acknowledgement of receiving the student’s written notice within 14 days, unless a determination letter has been sent within that time. If an acknowledgement was sent within 90 days, the College must issue a determination letter either showing a correction or explain why the billing statement was correct.

After Presentation College receives the student’s written notice, the College cannot try to collect any amount the student questions, or report the student as past due, until an account review has been completed. The College can continue to bill the student for the amount in question, including finance charges, and the College can apply any unpaid amount against the student’s account. The student does not have to pay any questioned amount while the College is investigating, but the student is still obligated to pay the parts of his/her bill that are not in question. Upon completion of an account review, the College will send the student notification of the determination, including any amounts due immediately, to the student’s billing address and college email address. If it is discovered that the College made an error on the student’s billing statement, the student will not be responsible for any finance charges related to the amount in error. If the College did not make an error, the student be responsible for any finance charges, and must pay any payments due on the questioned amount.

If the student fails to pay the amount due in the determination notice within 10 days of the notice date, the College will enforce their rights for past due accounts as outlined above. If the student does not agree with the determination, the student may write the college within 10 days of the determination notice date, explaining his/her refusal to pay and the basis for that refusal. The College must inform anyone to whom the College reports the student’s past due amount that the student does not agree with his/her billing statement. The College must inform the student of the name of anyone to whom the College reports the student’s past due balance. When the matter has been settled between the student and College, the College must inform anyone to whom the College had reported the student’s balance that the dispute has been settled. If the college does not follow the procedures regarding reported billing errors, they cannot collect the first $50 of the questioned amount, even if the bill was correct.

By signing below, you are giving your consent to receive your 1098-T statement electronically. By signing up for an electronic version, no paper 1098-T statement will be mailed to you. When your statement is ready, an email will be sent to your presentation email with instructions on how to access your 1098-T statement online.

If you have any questions, please reach out to Students Accounts at student.accounts@presentation.edu.


By typing my name and submitting this form I certify that I have read this entire Disclosure Statement and that I understand and agree to all its terms.

By typing my name and submitting this form, I certify that I have read this entire Student Disclosure Statement, and that I understand and agree to all of its terms. ​