Financial Agreement Hold Northeastern

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When applying for college, one of the last things you want to worry about is how you will pay for it. For students attending Northeastern University, this stress can be magnified if they have a Financial Agreement Hold placed on their account.

A Financial Agreement Hold is essentially a block on a student’s account, which prevents them from registering for future courses or accessing their transcripts until their outstanding balance is resolved. This hold can be placed for a variety of reasons including unpaid tuition fees, housing charges, meal plans, library fines, or other outstanding charges.

If a student has a Financial Agreement Hold on their account, they will receive an email notification and an alert on their myNortheastern account. It is important to address this hold as soon as possible to avoid any further complications.

To resolve a Financial Agreement Hold, students must pay the outstanding balance through their myNortheastern account or by contacting the Student Financial Services office. It is important to note that if a hold is not resolved by the due date, the student’s account may be sent to a collection agency, which could negatively impact their credit score.

If a student is unable to pay the outstanding balance in full, they can work with the Student Financial Services office to set up a payment plan. This will allow them to pay off the balance over a period of time, while still being able to register for future courses and access their transcripts.

In conclusion, a Financial Agreement Hold can be a stressful experience for Northeastern University students. However, it is important to address the outstanding balance as soon as possible to avoid any further complications and negative impacts on their credit score. Students should be proactive and work with the Student Financial Services office to resolve the hold and set up a payment plan if necessary.

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