WESTMONT COLLEGE STUDENT ACCOUNT

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					WESTMONT COLLEGE STUDENT ACCOUNT                                                                            Name ________________________
MASTER PAYMENT AGREEMENT                                                                                      ID #___________________________

This is an agreement that describes the terms for dealing with the unpaid portion of your student charges as well as any student-initiated charges for things such as
medicine from the Health Center. Because the college provides services to you before you pay for them, we ask that you and your parents or your guardians formally
agree to pay them in full according to the terms and conditions described below. Although you may have looked at the Westmont College Catalog, we encourage you to
become familiar with it because it is the primary authoritative source of information about our mutual agreements. The catalog is updated every academic year;
therefore the terms in the catalog corresponding to each year will apply.

Your student account will be charged at your direction, such as when you register for classes, or request a meal plan, a parking permit, or medicine. Such charges are
identified in the first paragraph of the Terms and Conditions below and are further detailed in the catalog. You and your parents or guardians need to complete this
agreement in order to enroll at Westmont. Parents or guardians may revoke their guarantee of this Student Account Master Promissory Note for future semester charges
by providing written notice to the Westmont Student Accounts office no later than five business days before the first day of a new semester. Revocation of a guarantee
may result in the cancellation of the student's enrollment.

Terms and Conditions:
In consideration of the educational and related services provided to Student by Westmont College, it is hereby agreed as follows: Whereas, Westmont College
("Westmont") has admitted the above named student, ("Student") for enrollment at the College; Whereas Student will have an ongoing Student account for all
educational costs and related charges as are prescribed under the above-referenced terms of the Westmont College Catalogue, and said account will begin on the date of
Student's first enrollment at Westmont; and, Student and Student's Guarantor(s) will be responsible for all costs incurred on Student's account at Westmont for the entire
term while Student is enrolled at Westmont; and, the Student account will be paid from time to time by Student or Student's Guarantor(s) or grants, scholarships, or
loans from sources administered by Westmont or others, and the Student account charges for which Student and Student's Guarantor(s) are responsible, include (but are
not limited to) tuition, room, board, lab charges, parking fees, library fees, fines, damage assessments and all other charges prescribed under the terms of the Westmont
College Catalogue (which are incorporated herein by reference as they exist and are re-stated from time to time); and, said Student Account charges are and will
constitute a debt and obligation from Student and Student's Guarantor(s) unto Westmont; and, Westmont, Student and Student's Guarantor(s) desire to formalize and
consolidate the financial obligations and debt of Student and Student's Guarantor(s) to Westmont during the entire term of Student's enrollment at Westmont,
therefore…
1.   Student and Student's Guarantor(s) agree to pay all amounts which accrue on Student's account with Westmont during all periods of Student's enrollment at
     Westmont. Said amounts as they exist from time to time shall be regarded as an open book account.
2.   The execution of this shall constitute not only an agreement between Student, Student's Guarantor(s) and Westmont regarding Student's account at Westmont, but
     it shall also constitute a promissory note from Student and Student's Guarantor(s) unto Westmont College. Student and Student's Guarantor(s) agree that this note
     is intended to and shall apply to all Student account charges and obligations as they shall exist from time to time and that the same shall be a debt from Student
     and Student's Guarantor(s) unto Westmont.
3.   As charges for tuition, room and board and other items relating to student's enrollment at Westmont are posted to the Student's account from time to time, they
     will each accrue interest commencing on the first day of classes for all students for the then applicable semester or term‚ on the unpaid amount at the maximum
     amount permitted under the California Constitution until the same have been paid.
4.   Student and Student's Guarantor(s) may be assigned a password permitting each of them to access Student's account statement on the Westmont website. Student
     hereby waives as to Student's parents and Guarantor(s), any privacy rights regarding said Student account as may exist under the Federal Education Rights and
     Privacy Act (FERPA) and the related rules and regulations (20 USC 1232g & 34 CFR Pt. 99) and Student hereby consents to the full release by Westmont at any
     time of Student's account information to Student's parent(s) and/or any other person or entity who/which executes this instrument as a Guarantor.
5.   Payments posted to Student's account will be credited first to interest then due and then to principal. As the balance of the Student account is satisfied from time
     to time by Student, Student's Guarantor(s) or from grant, scholarship or loan sources administered by Westmont or others, the Student account will be adjusted to
     reflect the same and the interest charges on amounts paid will cease as of the date payment has cleared Westmont's accounts.
6.   Student and Student's Guarantor(s) agree that the obligation and debt of Student and Student's Guarantor(s) is a "Student Loan" as the same is defined in the
     United States Bankruptcy Code as amended from time to time. Student and Student's Guarantor(s) agree that this note shall not be dischargeable in a bankruptcy
     proceeding of Student or Student's Guarantor(s) except as is otherwise provided in the United States Bankruptcy Code as amended from time to time.
7.   No waiver by Westmont of any default by Student or Student's Guarantor(s) shall constitute a waiver of any future or other default. Furthermore, the undersigned
     jointly and severally agree to the terms and conditions of enrollment as are set forth at length in the Westmont College Catalogue and the same is incorporated
     herein by reference.
8.   All payments due on Student's account and under this Note shall be in United States Dollars and in the event that legal action is instituted to enforce this Note and
     Agreement, Westmont shall be entitled to the reasonable costs of collection and attorneys fees. Student and Student's Guarantors consent to and agree that the
     jurisdiction for the enforcement of this Agreement and this Note shall be in Santa Barbara County, California.
9.   Student and Student's Guarantor(s) agree that all of the obligations of this Agreement and Note are the joint and several obligations of Student and Student's
     Guarantor(s) and that in the event of a default of one the other shall remain entirely responsible for all obligations created under this Agreement and Note.




Student:          ______________            _________________________________                        ________________________________________
                  Social Security #         Student’s Name (Print)                                   Student Signature                   Date

Guarantor(s): ______________                _________________________________                        ________________________________________
                   Social Security #        Student’s Guarantor name (Print)                         Student’s Guarantor Signature       Date

                   ______________           _________________________________                        ________________________________________
                   Social Security #        Student’s Guarantor name (Print)                         Student’s Guarantor Signature       Date

				
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