What is a
A financial hold is a type of restriction imposed by an institution as a result of a student not paying their fees in full. This hold prevents students from enrolling in courses and accessing their transcripts. In order for this hold to be lifted, students must fully pay off any outstanding charges.
A financial hold is placed on a student’s account in the event that they fail to pay any outstanding fees. These fees may include unpaid fines for parking or unreturned books, tuition fees and student loans in the U.S. Some schools create specific categories of financial holds such as documentation holds that prevent access to official grades and transcripts, registration holds that prevent course enrollment, and diploma holds that prevent access to diplomas and graduation letters.