Returned Check Policy
The return of a check (electronic or paper) issued to William & Mary will result in a $50.00 returned check fee being placed on the account of the student, individual, vendor or employee on whose behalf the check was presented for each returned check, no matter the reason.
Each account will be allowed two returned checks after which payment by check will not be accepted. This includes returned electronic payments. Written notification on how to resolve the returned check will be sent to the maker of the check, and to the person whose account was affected. A hold will be placed on the account affected, until the returned check has been redeemed.
If the returned check has not been redeemed within the stated time frame on the notification, a late fee not in excess of 10% of the past-due amount, or $250.00, whichever is less, will be levied, and the university will begin its collection proceedings as stated within the guidelines of the Department of Accounts, Commonwealth of Virginia.
Important Note: A returned check may automatically result in a hold on the account affected, which may preclude participation in any or all of the following activities: further check writing privileges, class registration, receipt of grades, issuing transcripts, and/or diplomas.
Returned Check Payment Methods
- Cash. Pay in person at the Bursar’s Office. Obtain a cash register receipt for your records. DO NOT MAIL CASH.
- Certified Funds. Make cashier’s check, money order, or other certified funds payable to William & Mary. Include your name, ID#, current address, and phone number on the face of the check.
- Deliver in person or mail certified funds to the following address:
William & Mary
Attn: Bursar’s Office
P.O. Box 8795
Williamsburg, VA 23187-8795