Student Check Cashing Policy

The privilege of check cashing is a service offered to University students in accordance with the following policies:

• A valid University ID is required to cash all checks
  

• Personal checks from students written to the University for cash- $100.00 per day limit

• Checks made payable to the student from parents only- $100.00 per day limit
  

• All University of St Thomas work study/payroll checks
  

•  Outside corporate employer's payroll checks- $100.00 per day limit
  

• University of St Thomas student refund checks (Dollar limit subject to available cash on hand)
  

• No student-to-student checks cashed
  

• No third party checks cashed
  

Student Returned/Dishonored Check Policy

 Returned/dishonored checks are taken seriously at the University.  According to Minnesota Statutes 609.535 and 332.50 writing a returned or dishonored check is a misdemeanor.  Therefore, the University will address returned/dishonored checks in accordance with the following procedures:

• A $30.00 charge will be added for each returned/dishonored check
  

• The returned/dishonored check(s) and fee(s) will be charged to the student account
  

• Two or more returned checks; check cashing privileges will be suspended
  

• CC:  University of St Thomas Public Safety on second, and all subsequent returned check letters
  

• Refer to Minnesota Statutes 609.535 Issuance of Dishonored Checks and Minnesota Statutes 332.50 Worthless Check Collections; excerpts of which address acts constituting a misdemeanor
  

Information on this site is valid for the 2008-2009 school year