Ivy Tech Community College is joining a program that will dock the income tax refunds of students who owe money on their tuition bills or haven't repaid financial aid after withdrawing from classes.
Ivy Tech will start using the state’s tax intercept program in 2013 in an attempt to collect nearly $9 million in past due bills, the Journal & Courier reported Monday.
In the past few years, the community college system with more than 100,000 students has written off at least 3 percent — or more than $8 million — in uncollected student fees.
Chris Ruhl, Ivy Tech’s senior vice president and chief financial officer, said while the school expects 1 percent to 1.5 percent of its entire general fund will be lost to uncollected bills, it’s making changes to limit those losses.
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