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General Description
Requirements
Policy Provisions
Performance Evaluation
Subject Experts
Financial Irresponsibility
Policy

Document Number: STUD--132 Revision #: 1.0
Document Owner: Executive VP Date Last Updated: 08/17/2012
Primary Author: VP of Business and Finance Status: Approved
Date Originally Created: 11/14/2011

General Description
Description:

Information on financial irresponsibility relative to students


Purpose:

Delineation of policy


Scope:

Students


Responsibility: Administration

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Requirements
Relevant Knowledge: In order to comply with this policy you should know:
State statutes
Standards of good practice
Standard company policies
Local statutes
Federal statutes
Current University policy
National Greek policies

Terms and Definitions: Additional training

Corrective Action

Expulsion

Loss of privilege, general

Suspension-student

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Policy Provisions
1.

Financial Irresponsibility


Financial irresponsibility, which is defined as the failure to meet one's financial responsibilities to the institution promptly, including, but not limited to, knowingly passing a worthless check or money order in payment to the institution or to a member of the institutional community acting in an official capacity, is prohibited and may result in disciplinary sanctions or legal action.

 


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Performance Evaluation
Performance Metrics: Compliance with standard policy and procedure
Compliance with federal mandate

Consequences: Criminal Prosecution
Expulsion
Further training
Loss of privileges
Suspension-student

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Subject Experts
The following may be consulted for additional information.
Executive VP

VP of Business and Finance

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