The Financial Responsibility Statement (FRS) is a statement that describes the financial obligation a student accepts when he or she enrolls for classes at any campus of the University of Maine System. The statement, and it’s acceptance, is a legal agreement between the student and the University of Maine System. Ensuring that students understand the financial commitment they are making when they register for courses is an important component of a student’s financial literacy and is also required by the Federal Bureau of Consumer Protection.
The FRS will need to be completed prior to registration each fall/spring term, and will cover registration at any of the University of Maine System campuses. A registration hold will prevent you from registering for classes until you complete the online FRS process. The hold will be removed immediately upon completion.
This will begin effective with the fall 2016 registration term. The hold will not impact summer registration already underway. Complete this item in your Student Portal on MaineStreet prior to registration. It is important to note that this will not interfere with the wish list capability but will impact the actual registration.
As you review the FRS process, we encourage you to contact your local Center with any questions you might have.
Step-by-Step Visual Guide for completing the Financial Responsibility Statement (coming soon)