Financial institutions, including the financial offices of colleges and universities, are required by federal debt collection and consumer protection laws to be transparent with their billing and payment policies/procedures and collection requirements. Institutions must also ensure that students (consumers) are aware of their policies and responsibilities. For this reason, º£½ÇÉçÇø requires that students accept the Student Financial Responsibility Agreement (SFRA), which acknowledges their financial obligations and understanding of the related policies of the College. The SFRA informs students of their financial responsibilities associated with enrolling for classes; and explains the potential consequences that may result if a student fails to meet those obligations.
Our goal is to help students understand the cost of their education and the financial policies associated with their enrollment at º£½ÇÉçÇø. The SFRA, in conjunction with the College’s website, e-statement account information, letters and other documentation, helps explain the College’s expectations for payment, and allows us to clearly inform students of our policies related to billing, late payment, contact methods, etc.
Inceptia - Financial Avenue
Montco has partnered with Inceptia, a non-profit education organization, to provide students with free educational tools on important financial topics to improve their money management skills and take control of their financial futures.
Frequently Asked Questions
What is the SFRA and how do I complete it?
What if I don’t accept the SFRA?
How often do I have to complete the SFRA?
What if someone else is responsible for paying my account (i.e. through a sponsorship or employer)?
Why must I complete the SFRA if my tuition and applicable fees are being covered by financial aid or outside funding sources?
What communications does the SFRA cover?
What if I decline the SFRA, but then decide to accept it later?
If I have additional questions regarding the SFRA, who should I reach out to?