NONNEGOTIABLE CREDIT CARD
The return by any financial institution of a non-refundable credit card
,payment to IUPUI for tuition and fees will jeopardize your credit
standing with Indiana University and will result in the assessment of a
service charge against the payer’s account (or against the account of the
student on whose behalf the payment was made). The service charge is
$20 or 5% of the charge payment amount, whichever is greater, not to
exceed $250.
Credit card payments used to relieve a debt that are subsequently
returned by the bank will automatically result in assessment of service
charge as described above. In addition, IUPUI reserves the right to
cancel the student’s enrollment in this situation.