If you’re graduating, your last statement will be posted in the month prior to graduation on MITPAY and you must pay that amount in full – plus any charges that accrue later that month – or you will be put on degree hold. This means you will not receive your diploma or be allowed to participate in Commencement exercises. Once your account is paid in full, you may be added to the degree list for a later term as a non-registered degree candidate.
If you still owe money after Commencement, we will continue to send email reminders to your MIT email address until it's deactivated.
If you leave school before graduation for any reason (medical withdrawal, leave of absence, required withdrawal, etc.), even if you plan to return to MIT, you are still responsible for paying the full amount due on your MITPAY statement, or making satisfactory payment arrangements with the Assistant Director for Student Account Collection (email@example.com).
If you leave MIT for a period of time and return, you will not be allowed to re-enroll or register until you have paid any balance due on your student account. Also, if you have student loans, you should check the repayment conditions, as lenders require you to make payments when you are not in school after the grace period expires, even if you have not graduated.
You can find more information for undergraduates on leaving and returning to MIT in the Academic Guide for Undergraduates and Their Advisors. Graduate student registration change information is available from Office of the Dean of Graduate Education.
What will happen?
After you graduate or leave MIT for any reason and you have an unpaid past due balance on your student account for more than 30 days your account may be sent to an outside agency, you may be reported to credit bureau agencies and may be responsible for any collection fees, including reasonable attorney’s fees that we incur in such collection efforts.