Payment is due prior to the first insertion unless an approved credit application is on file. To apply for credit, please fill out a credit application. Allow 4-6 weeks for processing. All new accounts must prepay for at least 6 months.

 

We do not bill via FIS for Washington University departments. WU departments will receive an advertising statement at the end of each month and can submit a check request.

 

Statements are sent at the end of each calendar month. Invoices are not sent for individual charges; the monthly statement is the only bill provided. Accounts more than 30 days overdue are considered delinquent and may be canceled at the discretion of the Advertising Manager. A service charge of 1.5% per month (18% per annum) will be assessed on past due accounts. If collection services are warranted due to non-payment, a recovery fee of $295 will be assessed and added to the advertiser’s final bill. Overdue accounts will be referred to our agent, National Credit Systems. Expenses incurred by Student Life during the collections process are the responsibility of the debtor.

 

Student Life assumes no financial responsibility for errors in advertisements beyond the cost of the space actually occupied by the advertisement in which the error is made. Lack of, or a subjective view of creativity, will not be a factor in awarding an advertiser credits or make goods. Student Life will only be responsible for an ad’s first incorrect insertion.

 

A $25 service charge will be assessed on all returned checks.