Student Financial Responsibility Agreement
Student Financial Responsibility Agreement (SFRA)
At Lake Washington Institute of Technology, we believe it is important for students to feel informed and empowered about their financial responsibilities. As part of our commitment to transparency and your success, you may be asked to review and accept the Student Financial Responsibility Agreement (SFRA) each year.
This agreement is designed to help you understand your financial obligations when enrolling in classes and outlines the college’s policies.
It’s a simple way for you to acknowledge your financial responsibilities and be aware of what to expect if any issues arise. We’re here to support you and ensure you have all the information you need to make informed decisions about your education.
Most students enrolling in courses that charge tuition/fees will be required to complete the SFRA prior to their first registration for the year.
Some students, including those who are younger than 18 and those students who are not charged tuition, may be exempt from completing the form while they are in that status.
The SFRA is an important agreement that outlines financial obligations and responsibilities for attendance at Lake Washington Institute of Technology. If required, you will complete the SFRA in ctcLink by selecting “Holds.”
The SFRA must be completed once per year (summer through spring), or if changes to the current agreement are mandated.
If your status requires completion of the SFRA, you must review and accept it annually to register for classes.
Each student is responsible for their account and unpaid balances, especially if a third-party payer does not cover the full amount. It is important to be aware of this and understand the terms outlined in the SFRA.
It’s important to know that if you’re receiving financial aid or other funding, there may be some charges on your account that aren’t covered fully. For example, your student account might include things like library book fines or lost equipment fees. In these cases, you are responsible for those extra charges. Also, if there happens to be a balance on your account due to changes in your funding situation, you will be responsible for that amount.
The SFRA hold will take effect the first time you register during the year (summer through the following spring). Completion of the SFRA hold will allow you to register for that quarter and future quarters during that year.
If you are completing the SFRA in ctcLink, the hold will be removed immediately.
You will find a copy of the SFRA in ctcLink self-service Tasks menu. After signing it, you will be able to go back and review it.
If you have any questions regarding the SFRA, please Contact Student Accounts at Student.Accounts@lwtech.edu