{"id":14,"date":"2011-08-25T16:28:08","date_gmt":"2011-08-25T21:28:08","guid":{"rendered":"https:\/\/wp.stolaf.edu\/stuacct\/procedure_sto-40\/"},"modified":"2025-10-31T14:23:25","modified_gmt":"2025-10-31T19:23:25","slug":"procedure_sto-40","status":"publish","type":"page","link":"https:\/\/wp.stolaf.edu\/stuacct\/procedure_sto-40\/","title":{"rendered":"Financial Hold Policy"},"content":{"rendered":"

Title:<\/strong> Financial Hold Policy
\nProcedure No: <\/strong>STO-40
\nEffective Date:<\/strong> 09-01-2009
\nIssuing Authority:<\/strong> Student Accounts Office
\nContact:<\/strong> Student Accounts at tuition@stolaf.edu<\/a>, 507-786-3296 or 866-640-4702
\nLast Updated:<\/strong> 10-31-2025<\/p>\n

Purpose of Procedures:<\/h3>\n

To ensure that students have paid their current balance before allowing them to register, request official transcripts or receive their diploma. <\/span><\/p>\n

Who needs to know these Procedures:<\/h3>\n

All St. Olaf College students who are registered for the current term.<\/span><\/p>\n

Procedures:<\/h3>\n

The following holds will be placed on the student account based on the student account balance.<\/p>\n

Unpaid Balance Hold<\/b>
\n<\/span>The Student Accounts Office will place registration holds on the accounts of all active students who have an outstanding balance of $1,000 or more. These holds will remain in place until the balance on the account is paid below $1,000. The hold will prevent students from registering, making changes to their current registration, housing for the next term, or receiving their diploma. <\/span><\/p>\n

If a student will be receiving a loan to cover the balance owed, the loan must be applied to the account before the hold will be removed. Completing the application or even having a disbursement date set will not remove the hold.<\/span><\/p>\n

Diploma Hold<\/b>
\n<\/b>The Student Accounts Office will place an unpaid balance hold on the accounts of all students who have an outstanding balance. This hold will remain in place until the balance on the account is paid below $250.\u00a0 This hold prevents the release of the Diploma.<\/span><\/p>\n

Tuition Collection Hold<\/b>
\n<\/span>The Student Accounts Office will place a Collection Hold on any student who leaves the college with an outstanding balance due. This hold will remain in place until the account is paid in full. This hold will prevent students from returning to St. Olaf, registering for classes, or receiving their diploma.\u00a0<\/span><\/p>\n

Removal of holds can only be done by the Student Accounts Office.<\/span><\/p>\n

<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Title: Financial Hold Policy Procedure No: STO-40 Effective Date: 09-01-2009 Issuing Authority: Student Accounts Office Contact: Student Accounts at tuition@stolaf.edu, 507-786-3296 or 866-640-4702 Last Updated: 10-31-2025 Purpose of Procedures: To […]<\/p>\n","protected":false},"author":18,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-14","page","type-page","status-publish","hentry"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/wp.stolaf.edu\/stuacct\/wp-json\/wp\/v2\/pages\/14","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wp.stolaf.edu\/stuacct\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/wp.stolaf.edu\/stuacct\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/wp.stolaf.edu\/stuacct\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.stolaf.edu\/stuacct\/wp-json\/wp\/v2\/comments?post=14"}],"version-history":[{"count":13,"href":"https:\/\/wp.stolaf.edu\/stuacct\/wp-json\/wp\/v2\/pages\/14\/revisions"}],"predecessor-version":[{"id":2608,"href":"https:\/\/wp.stolaf.edu\/stuacct\/wp-json\/wp\/v2\/pages\/14\/revisions\/2608"}],"wp:attachment":[{"href":"https:\/\/wp.stolaf.edu\/stuacct\/wp-json\/wp\/v2\/media?parent=14"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}