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Holds and Late Fees

Due Dates

Tuition and fees are due in full by the end of the add/drop deadline each semester (typically two weeks after the first day of class). Please see the dates on the homepage to learn about the due dates for each individual semester.

Late Fees

Any student who fails to meet the required payments will be assessed a monthly late penalty equal to 2% of the outstanding balance. Late fees will continue to accrue on the unpaid account balance until it is paid in full. You may appeal a late fee within 30 days of the fee assessment if timely payment was prevented due to extenuating circumstances beyond your control. If you wish to request a late fee waiver you must submit a Late Fee Waiver Request form in order to be considered.

Holds

If you have an outstanding balance you will have a hold placed on your account at the midpoint of the semester in which the charges were due. The hold will prohibit you from registering for classes and obtaining official transcripts or a diploma until the balance is paid in full.

To View Holds

To see the status of any holds, log in to your student portal at myIIT and go to the Academics tab. Click on Registration Status.

Any holds placed on your account will be visible on this screen. Contact information for the department issuing the hold will be listed as well. Please note that not all holds placed on student records/registration originate from the Student Accounting Office.

A communication will be sent to you monthly if the balance remains unpaid. This communication will outline the actions that you must take and the timeframe in which these actions must be completed.

Never ignore an attempt by our staff to contact you

If you make an appointment with a Student Accounting Specialist as soon as you have received communication regarding an outstanding balance you will increase your options for resolving the balance. There may even be the possibility that you can receive financial assistance with resolving your account debt. Delayed response could mean the loss of financial aid for which you might have been eligible.

If you are a student over 18 years of age, you are legally responsible for the payment of your student account—not your parent or guardian. The actions you take regarding the notices you receive can impact your future credit. Failure to resolve an outstanding balance in a responsible and timely manner could result in any or all of the following:

  • Reporting of the debt to credit bureaus
  • Listing of the account with the State Comptroller's Offset Program
  • Remanding of the account to a collection agency
  • Litigation

See IIT's Official Collections Policy