Home Holds, Cancellations, Etc. Returned Check Fee

Returned Check Fee

North Carolina General Statute 25-3-506 provides that a processing fee, not to exceed $25.00, may be charged and collected for checks on which payment has been refused by the payor bank because of insufficient funds or because the drawer did not have an account at that bank at the time the consumer presented the check to the University.

Therefore, NC State will assess a $25.00 fee for any check whose payment is refused by the bank. The university reserves the right to require a Bank Check or Certified check for future payments. The university does not accept post-dated checks. Students with unresolved returned checks will have a hold placed on their student account. This hold prevents future registration and blocks receipt of official University transcripts. The hold will not be removed until the returned check and applicable service charge are paid in full. If the check is not replaced by the due date given in the notice, the student's university registration may be cancelled.