Home > Terms & Conditions > eStudent Financial Obligations and Responsibilities Agreement

eStudent Financial Obligations and Responsibilities Agreement

The eStudent Financial Obligations and Responsibilities Agreement is an agreement presented to all students when they first enter MyU and then on an annual basis each March, while they are an active student. In order for the University to provide services electronically, each student must confirm their agreement through this process, which also indicates that the student knows their financial resposibilities to the University of Minnesota.

The text of the current annual agreement (effective March 7, 2016) is below. It may be reviewed here at any time.

Current text of eStudent Financial Obligations and Responsibilities Agreement

The eStudent Financial Obligations and Responsibilities Agreement (hereinafter referred to as the “Agreement”) is an annual agreement which will be presented to all students.

The University of Minnesota (University) utilizes electronic processes wherever possible in order to assure accuracy and to expedite business transactions. By entering into this Agreement, I consent to official Communications being provided or made available to me in electronic form, to entering into Agreements and Transactions using electronic records, and to signing agreements electronically. The Transactions specifically covered by this Agreement include, but are not limited to, the following:

  1. eSign Agreement
  2. Consequences of Withdrawal of Consent
  3. Official Means of Communication Statement
  4. Permissible Access
  5. E-Agreement and Promise to Pay
  6. IRS Form 1098-T Agreement
  7. State Law Agreement
  8. Important Financial Aid Information
  9. Truth In Lending Act (TILA) Disclosures
  10. Application of Financial Aid Agreement
  11. University Policy Agreement
  12. Emergency Contact Requirement
  13. Cell phone number usage by the University

  1. When presented with the “Agreement”, if I do not agree with any of these items, I should logout of the MyU portal. I understand by doing so, I will not be able to use the MyU portal to conduct business electronically with the University of Minnesota. MyU portal includes registration, student account, financial aid and access to other student-related information online.
  2. I will contact One Stop Student Services or, if a Crookston student, the Business Office, if I do not consent or if I withdraw my consent to electronically enter into business transactions. I agree that if I withdraw consent, any Agreements or Transactions between myself and the University of Minnesota during the period after my consent to do business electronically, and before my withdrawal of consent, will be valid and binding on all parties. For more information about conducting business in a non-electronic medium, withdrawing consent to conduct business electronically and fees and charges for paper copies, see the One Stop website or visit a One Stop Student Services or, if a Crookston student, the Business Office.
  3. I understand that my University email (umn.edu) serves as the official means of communication from the University of Minnesota to enrolled students, and that the University of Minnesota may communicate using only this method of communication for administrative processes.
  4. I understand that the person whose University of Minnesota internet ID and password were used to enter this web site is the only person who may conduct official business on this site using that internet ID and password. I understand that any other use of a University of Minnesota internet ID and password is unlawful and, if I am a student, is also considered a serious violation of University Policy.
  5. By signing this Agreement, I am entering into and undertaking a legal obligation that requires me to pay for tuition, fees, and other University of Minnesota charges in connection with my enrollment and/or attendance at the University of Minnesota.
    1. I promise to pay to the University:
      1. the amount of any funds received by me as an overpayment or loan;
      2. any deficiency in tuition, fees or other University charges that results from financial aid reversals or non-payment of loans or advances from federal, state, institutional, or other third party providers;
      3. any costs associated with the processing of a third party payment on my behalf; and
      4. all attorney’s fees, collection costs, late fees, installment fees, court costs, collection agency commissions, and other costs incurred. Collection agency commissions may be based on a percentage at a maximum of 40% of the debt.
    2. I agree that failure to officially drop class(es) during the University’s add/drop period will not relieve me of the financial obligation for those class(es).
    3. I agree that the University will provide student account information through the My Finances tab in MyU.
    4. I agree that administrative, clerical or technical billing errors do not absolve me of my financial responsibility to pay the correct amount of tuition, fees and other associated financial obligations assessed as a result of my registration at University of Minnesota.
    5. I agree that it is my responsibility to review and monitor my University student account and my official University email account.
    6. I agree that the University will provide the following account information, as well as other information, electronically:
      1. Account History
      2. IRS Tax Form 1098-T
      3. Direct Deposit Authorization Form
    7. I understand that I will receive an e-mail notification at my University email account when my student account has a balance due, and a bill is available. It is my responsibility to review my account and make any necessary payments by the deadline published on the University’s website. 
    8. I understand that if I have not paid my balance or the installment due (if I enrolled into the payment plan) by the due date, I will be charged a late payment fee.
    9. If my account becomes delinquent, I understand that I will not be allowed to register for the next term, I will not remain registered for the next term, I will not receive transcripts and, if I am a graduating student, I will not receive a diploma. I further understand that my delinquent status may be reported to a national credit bureau.
    10. I understand and agree that if I am younger than the applicable age of majority when I execute this Agreement that the educational services provided by University of Minnesota are a necessity, and I am contractually obligated pursuant to the “doctrine of necessaries.”
    11. I acknowledge and agree that this Agreement is a promissory note, a legal debt instrument giving the University of Minnesota the right to take legal action to collect the debt I have promised to pay. I waive any defense to enforcement of this promissory note, including, but not limited to, any defense that it is invalid or unenforceable due to its contingent nature and the method of its execution.
    12. By signing this Agreement, I state I have read this Agreement carefully and agree to my financial responsibility with the University of Minnesota.
    13. This Agreement, including my Promise to Pay, is subject to the laws of the State of Minnesota, without regard to its conflict or choice of law provisions. I irrevocably consent to the jurisdiction of the state and federal courts located in Hennepin County, Minnesota, in any lawsuit arising out of or concerning this agreement, or the enforcement of any obligations under this agreement, including any lawsuit to collect amounts that I may owe as a result of this agreement.
  6. I agree to receive my 1098-T Tuition Statement electronically. I understand that I will not receive my 1098-T form via US mail and that my tax information is available electronically. To view your 1098-T electronically, you will need internet access, a web browser, and access to your Student Center through MyU, My Finances tab. Some newer Web browser versions are not fully compatible with systems such as PeopleSoft SIS (Student Center). Be aware that if you upgrade to a new browser version, you may be unable to properly access your form. The electronic 1098T form provided in January, will be available at least until October 15th (or the next workday if a weekend or holiday) of the same year. In order to access and view/print your 1098-T form, you will need a computer able to access the website, and allow pop-up windows from, MyU; and a PDF viewer (a free one is available at https://get.adobe.com/reader). The form may be downloaded and saved electronically and/or printed. This consent will remain in place until I submit a written request to revoke consent to the office listed on the contact website for my campus listed below. If I consent, I may still print a paper copy from my Student Center; which printing is not revoking consent. The 1098-T consent agreement can be changed at any time by visiting One Stop Student Services or if a Crookston student, the Business Office to make the request. Any change in consent will remain in effect for future tax years. If I do not agree, the 1098-T statements will be provided to me on paper via US Mail. I understand that to withdraw my consent, I must do so in writing using the contact information for my campus contained in the website for your campus listed below. The University will confirm my withdrawal and the date on which it takes effect, by email. A withdrawal of consent does not apply to a statement that was furnished electronically, before the date the withdrawal takes effect.

    Crookston: http://z.umn.edu/crkbcontact
    Duluth: http://z.umn.edu/dcontact
    Morris: http://z.umn.edu/morriscontact
    Rochester: http://z.umn.edu/rcontactus
    Twin Cities: http://z.umn.edu/contact

  7. This Agreement and covered transactions are made and governed under Minnesota substantive law without regard to conflict of laws rules. Any disputes or claims against the University of Minnesota related to these electronic Agreements or transactions must be brought within a court in the Minnesota county where the debt was incurred.
  8. For Financial Aid recipients –
    1. Financial aid awards are based on full-time enrollment. Enrollment level is checked at the time of disbursement and again at the end of the cancel/add period – the last date to add full term classes without college scholastic committee approval. I understand that adjustments to my enrollment level may cause my aid to be revised or cancelled.
    2. I understand that I must be enrolled at least half-time (as defined by my degree program) to be eligible for federal loans. Certain loans (including the Perkins, Health Professions Loan, or University Trust Fund Loan) require full-time enrollment.
    3. I understand that Minnesota State Grant recipients must be registered for 15 credits per term to be eligible for the maximum state grant. I understand that registering for fewer credits than 15 will result in state grant being reduced on a per credit basis. I understand that Minnesota U Promise Scholarship recipients must register for a minimum of 13 credits per term. 
    4. I understand that the total Estimated Cost of Attendance is a projection of overall costs I may incur for the academic year. I understand that the actual cost of attendance may vary depending upon credit hours, program specifications, lab fees and personal lifestyle choices.
    5. I understand that tuition subsidies such as tuition benefits, non-resident tuition waivers, fellowships, national scholarships, housing reimbursements and Regents Scholarship must be included as part of my financial aid package. Any money the institution provides to you is considered financial assistance and will affect your financial aid.
    6. I understand that financial aid is disbursed to student accounts 7 to 10 days before the first day of each term provided enrollment criteria is met and all required documents have been submitted.
    7. I understand that I may be required to repay the University of Minnesota any aid received if any of the conditions below occur:
      1. Changes in enrollment/credit level.
      2. Government regulations, University policy, or sources of funding change prior to or during the award year.
      3. Error(s) that result(s) in financial aid for which I am not eligible.
      4. Overpayment for any reason.
      5. Financial or other assistance not listed on original financial aid award package.
    8. I understand that I must meet Financial Aid Satisfactory Academic Progress standards to maintain my financial aid eligibility.
    9. I will submit all scholarship checks I receive to One Stop Student Services or, if a Crookston student, the Business Office. I understand that I must endorse any check that is made payable to me and the University of Minnesota. I understand that my financial aid awards will be reviewed and that adjustments may be made to my financial aid package. I understand that I will be allowed to receive the maximum benefit of any scholarship within the U.S. Department of Education guidelines.
    10. I understand that veterans must request school certification from the Veterans Certification Office before veterans benefits can be received.
    11. I understand that Work Force Center assistance, state services for the blind funding, or ward of the court assistance I receive must be included as part of my award.
    12. I understand that credits for audited course work and extended-term, Online and Distance Learning (ODL) courses are not eligible for some forms of financial aid.
    13. I understand that May/summer term financial aid will be awarded separately after I complete May/summer registration.
    14. I agree that the University may release related scholarship information from my student record and any student ID photo to the University of Minnesota Foundation and scholarship donor(s) unless I specifically revoke this permission. If asked, I will write a thank-you letter to the scholarship donor(s).
  9. Truth In Lending Act (TILA) Disclosures for university-administered private loans
    1. When applying for university-administered loan funds that are classified as private loans by the Truth In Lending Act, Regulation Z, I understand there are certain disclosure notices that the University must provide to me at specific times in the loan process.
    2. By signing this Agreement, I am agreeing to receive these TILA disclosures electronically instead of in a paper format, as a part of the loan process. I understand I can revoke this approval by visiting One Stop Student Services or the Crookston Business Office to make the request.
  10. Payment authorization
    1. I agree that financial aid will pay any and all charges that exist in my student account at the time of financial aid disbursement. This will prevent a refund while I still have an outstanding balance due to the University.
    2. If I prefer that financial aid payments be restricted to pay only tuition, required fees, and on-campus room and board charges (if any exist), I must go to a One Stop Student Service Center or if a Crookston student, the Business Office, to request this change.
  11. I agree to abide by all of the policies outlined in the University of Minnesota’s University Policies, as hereinafter amended from time to time, available at http://www.policy.umn.edu/, including the Student Conduct Code and the policies regarding financial responsibility.
  12. I agree to provide the University with Emergency Contact Information in addition to local and permanent address, email, and telephone updates, in order to provide for timely communication should it be necessary to contact me or my designee. I understand that Emergency Contact, address update information and updated information needed to contact me electronically may be added through the My Info tab in MyU.
  13. I authorize the University of Minnesota and its respective agents and contractors to contact me regarding my business with the University, including repayment of any and all charges posted to my student account, at the current or any future number that I provide for my cellular phone or other wireless device, using automated telephone dialing equipment or artificial or prerecorded voice or text messages. I understand that I will be responsible for charges that may result from such communication to a wireless phone number.


Important Dates