Health Sciences
2014–2015 University Calendar



3 General University Information and Regulations : 3.4 Fees : 3.4.10 Other Policies Related to Fees: Overdue Accounts
3.4.10
Other Policies Related to Fees: Overdue Accounts
All tuition and fees assessed by the University must be paid in full or arrangements must be made to settle the debt.
Students' accounts are considered delinquent if they are not paid in full within 60 days after the bill is issued. McGill places a financial hold on these accounts, preventing students from obtaining official academic transcripts and from accessing Minerva for any registration functions. In the event that a student's account has a hold preventing registration or the release of transcripts, the University may require a guaranteed form of payment, for instance, a certified cheque or money order. Certain financial holds prevent the release of diplomas.
Interest:
Interest is charged on overdue balances at the monthly rate of 1.24%, multiplied by the balance outstanding at the end of the month (14.88% annually). The rate is evaluated each Spring, and then is set for the following academic year.
Note:
You should regularly verify your account balance on Minerva.
The University has no obligation to issue any transcript of record, award any diploma, or re-register a student if you do not pay your tuition fees, library fees, residence fees, or loans by their due date.
Changes are made after the publishing of this Calendar. Always check Class Schedule for the most up-to-date information. This includes class times, locations and instructors.

Note: “you” refers to students newly admitted, readmitted or returning to McGill.

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