YOU QUALIFY TO GET AN EMERGENCY DEFERMENT TO PAY THE FIRST INSTALLMENT OF YOUR TUITION INSTALLMENT PLAN. IF YOU ACCEPT THIS AGREEMENT, YOU WILL HAVE ONE OR MORE INSTALLMENT PAYMENTS DUE PLUS THE REPAYMENT OF THIS EMERGENCY DEFERMENT. SEE THE DEFERMENT AGREEMENT FOR DUE DATES AND LATE PAYMENT PENALTIES.

PLACE OF PAYMENT

All payments can be made by mail, online, or at the Cashier’s Office, University of Houston-Downtown, One Main Street, Houston, Texas 77002. Payment may be made in person, by mail or online at www.uhd.edu.

PREPAYMENT

This note plus accrued interest may be prepaid in part or in full at any time without penalty.

WAIVER OF PROTEST

The maker of this note and any co-maker, sureties, guarantors, heirs and legal representatives waive demand, grace, notice, presentment for payment, protest and notice of protest, and diligence in collecting or bringing suit.

ACCELERATION

The failure of the maker to pay any principal or interest as it becomes due gives the institution the right to mature the same and declare the entire balance due and payable forthwith.

WAIVER

No delay or omission on the part of the institution in exercising any right hereunder shall operate as a waiver of such right or of any other right under this note. A waiver on any one occasion shall not be construed as a bar to or waiver of any right or remedy on any future occasion.

COLLECTION COSTS

In the event this note is placed in the hands of an attorney or collection agency for collection, the maker agrees to pay all costs and expenses incurred by the institution in enforcing the terms of this note.

CHANGE OF NAME AND/OR ADDRESS

The maker agrees to inform the institution of any changes in name and/or address.

PENALITIES ON DEFAULT

Failure of the maker to abide by the terms and conditions of this note may result in any or all of the following:

1. The institution may withhold the maker’s transcript(s) and diploma;
2. The maker may be barred from further enrollment at any component institution of the University of Houston System unless and until the maker satisfies his outstanding indebtedness;
3. The outstanding deferment amount may be charged to the maker’s student account, all institutional services may be severed, and the maker shall be charged a fee of fifteen and no/100 dollars ($15) to restore such services; and
4. The institution may refer any defaulted account to the collection agency without notice. The maker will be responsible for paying all collections costs.

PAYMENT WITH FINANCIAL AID FUNDS

I understand that if I receive financial aid assistance (loans, grants, scholarships) for this semester and after execution of this payment option, those funds will be automatically applied towards my deferment. In the event that financial aid funds are insufficient to cover repayment of this deferment, I will be responsible for the remaining indebtedness.

Dropped Classes

I understand that if I drop any or all classes, any refund of tuition and fees will be first applied to the remaining balance of my account, including all loans, before any monies will be refunded to me. I also understand that if the refund from the dropped class(es) is less than the remaining balance of my account, I will be liable for the difference.

EMERGENCY DEFERMENT PROMISSORY NOTE

$(TUITION & FEES) HOUSTON, TEXAS

FOR VALUE RECEIVED, on Friday, April 26, 2024 ,

, hereinafter called the Maker, promise to pay the University of Houston-Downtown

or its order hereinafter call the Institution, located at One Main Street, Houston, Harris County, Texas, the sum of $ with interest

from the date above to maturity, on , at the rate of five percent (5%) per annum.


To the fullest extent permitted by law, the University accepts e-signatures as legally binding and equivalent to handwritten signatures to signify an agreement.  Accepting terms of an agreement constitutes an electronic signature.  By executing a payment, installment plan/emergency/book loan online, the student is agreeing with an e-signature to accept any and all financial responsibility associated with enrollment.