INFORMATION FOR
The Office of Student Accounts offers to invoice directly third-party company/sponsors (such as employers, educational institutions, government agencies and institutional sources, etc) for educational costs. The University only accepts a Letter of Credit from a student under the condition that the sponsor/company will pay William Paterson University directly. A Letter of Credit does not relieve the student from any financial responsibilities to William Paterson University.
Once we receive the Letter of Credit and you have registered for courses, your account will be credited conditionally for the amount guaranteed by your sponsor in the form of an anticipated 3rd Party credit memo. The credit does not reflect realized payment but will remain on the account as a credit to prevent late fees or registration cancellation.
All payments must be made directly to William Paterson University. In instances where a company/sponsor will not remit payment until after the completion of a course or semester or if payment is contingent on grades, it is then the student’s responsibility to arrange for payment of his or her balance by the payment deadlines and seek reimbursement from their company. Any remaining balance that the Letter of Credit may not cover becomes the responsibility of the student.
All students must upload their official Letter of Credit (on company letterhead) through the WPConnect Student Self-Service portal. Navigate to the Billing and Payments section and click on the Third-Party Payment link. The Letter of Credit must be submitted at least 10 or more business days before the payment due date.
The student is ultimately responsible for all amounts due on their account. In the event the company/sponsor fails to make payment, the student is responsible for term balance. It is ultimately the student’s responsibility to monitor his/her bill through WPConnect and contact his/her company regarding payments being sent to the University.
In order to ensure prompt processing, authorizing documents must contain the following information (authorizations which fail to meet any of these requirements may be deemed insufficient).
Employer reimbursement is typically based on academic performance. Students who are receiving reimbursement from their employer’s pending submission of grades or the completion of sponsor terms are responsible for paying the balance in full by the due date. William Paterson University will not defer tuition payments for students with pending employer reimbursement. If payment is not received by the due date students will be subjected to late fees and/or registration cancellation.
Employers often request an itemized statement with the cost of tuition and associated fees. Students can download an on-demand statement or e-statement directly from the WPConnect Student Self-Service portal by selecting the link and the desired term. The courses for that term will be listed at the bottom of the statement; however, the statements do not include the costs per course.
