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RSCC Policy BA-04-01; Check Cashing and Acceptance

RSCC Policy BA-04-01; Check Cashing and Acceptance

Roane State Community College
Policy Number: BA-04-01
Subject: Check Cashing and Acceptance

Fee Payments:

Fees may be paid by personal check.

Payroll checks or two party checks will not be cashed or accepted in payment of fees or other amounts due to the college. Exceptions may be approved by the Executive Vice President of Business and Finance or the Assistant Vice President for Fiscal and Auxiliary Services.

Appropriate identification will be required upon request.

Check Cashing Services:

Roane State Community College provides a free check cashing service. This service is provided as a convenience to employees of the college. Personal checks may be cashed for any amount up to $25.00 for employees. Only one (1) check may be cashed each day per employee.

Check cashing services are available at the Roane County Campus and Oak Ridge Branch Campus business office cashier’s counter.

Returned Check Fines:

A fine will be assessed on all returned checks. The fine will be an amount equal to the then current returned check fine as specified in Tennessee Board of Regents guidelines.

Ability to Suspend Check Acceptance for Cause:

In the event that a student or an employee has three (3) checks returned by their bank, check cashing and acceptance privileges may be suspended for a period of twelve (12) months and/or, at the discretion of the Assistant Vice President for Fiscal and Auxiliary Services, may be suspended permanently.

Any other abuse of this policy will, at the discretion of the Assistant Vice President for Fiscal and Auxiliary Services, result in temporary or permanent suspension of check cashing and acceptance privileges.

Revision History: 06/10/1996, 07/11/2007, 02/22/2016
Revision Date Effective: 02/22/2016
Revision Approval By: Christopher L. Whaley, President
Original Date Effective: 03/16/1988
Original Approval By: Cuyler A. Dunbar, President
Office Responsible: Executive Vice President for Business & Finance
Reviewed: 02/22/2016
Roane State Community College
276 Patton Lane
Harriman, TN 37748-5011

(865) 354-3000 or toll free 866-462-7722
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