Administrative Services

File code: ADM.RETCHECK.POL
Approval Date: 08/26/99
Approved By: President

Policy on Returned Checks

The University receives checks returned from banks for a variety of reasons. If an individual has more than two checks returned for non-sufficient funds in any given twelve month period, that individual loses the ability to cash checks for one year from the date the last check is received. If an individual has a check returned because of a stop payment order or because the account is closed, that individual loses the ability to cash checks for one year from the date the check is received and may be subject to prosecution.

All returned checks are subject to a service charge. Appeals can be made to the Billing and Receivables Office.