When an item is 30 days overdue it will get a status of LOST and the student is billed for the replacement of that item, plus all associated charges. If a lost book is returned within one year of billing and is in good condition, students are credited for the replacement cost and $15 of the processing fee. Students are still responsible for paying the remaining processing fee and the overdue fines. Maximum overdue fine varies depending on the material. Replacement cost of item varies. $25.00 processing fee.