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What are my payment options? |
The student's account is billed for the full account
balance for each payment date; however, a minimum payment
amount is allowed. The minimum payment amount is derived
by dividing the current term charges by the number of
scheduled payment dates remaining in the semester, and
adding the total of any previous semester remaining
balance. The Fall (August-December) and Winter (January-May)
Semesters each have 5 months of payments. The Summer Session
(May-July) has 2 months of payments. Please see
when and where are bills
sent for the scheduled payment due dates.
Example:
The student goes through early registration in March for the Fall 2006
semester. 5 months of installment payments are available,
beginning with the first payment due on July 15th. If the
total amount billed for current semester charges is $3500 and
there are no previous semester charges, the first installment
payment will be for $700.
The required minimum payment must be made by the due date to
avoid having classes cancelled. You may also pay the total due or
any amount greater than the required minimum. Any payment amount
less than the total due results in a 1% monthly
finance charge on the unpaid billed
balance. Enrollment is not complete until the minimum payment is
made. Your student ID will not be activated for bookstore charging,
use of the student rec center, etc. until the required minimum
payment is made.
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What if I have financial aid or scholarships? |
Financial aid and scholarships ("aid") that have been approved but
have not yet paid to the student account are considered to be
"anticipated". Anticipated aid is deducted from the current term
balance in the
Billed Balance Calculation area of your monthly
billing statement. The balance remaining will be billed to the
student and the minimum payment must be paid by the due date to
avoid having classes cancelled. The remaining balance will also
be subject to the 1% monthly finance charge. When
the aid is received, it will be applied to the student account but
there will be no reduction in the amount due since the aid was
already taken into consideration and deducted from the current term
balance. Current term aid should not be used to pay past term
balances. Aid is intended to be used for the semester for which
it was applied.
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What if I have Third Party Sponsorship? |
If the Cashiers Office has valid approval from the
Third Party Sponsor prior to the student registering
in classes, then the sponsor credit will calculate and show on
the student's account once they have selected classes. If the
credit does not show once the student has selected classes, then
the student should contact Sponsor Billing at: Cashiers Office,
University of Missouri-Columbia, 15 Jesse Hall, Columbia, MO 65211;
Attn: Sponsor Billing; 573-882-9138.
If you do not have full sponsorship for all
your fees, you must make at least the minimum payment in
order to hold your classes! If you make the minimum payment, you
will be subject to a 1% monthly finance charge on the unpaid billed
balance. If you owe a past term balance, it must be paid in
full.
See Sponsor Billing
for additional information.
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When and where are bills sent? |
All bills are sent to the student's permanent address.
Payment due dates are as follows:
Fall Semester:
- July 15 - 1st payment due date for early registered
students
- August 15 - 2nd payment due date for early registered
students
- September 15 - 3rd payment due date for early registered
students; 1st payment due date for regular registered students
- October 15 - 4th payment due date for early registered
students; 2nd payment due date for regular registered students
- November 15 - last payment due date of Fall Semester for all
students
Winter Semester:
- December 15 - 1st payment due date for early registered
students
- January 15 - 2nd payment due date for early registered students
- February 15 - 3rd payment due date for early registered
students; 1st payment due date for regular registered students
- March 15 - 4th payment due date for early registered students;
2nd payment due date for regular registered students
- April 15 - last payment due date of Winter Semester for all
students
Summer Session:
- May 15 - 1st payment due date for early registered students
- June 15 - last payment due date for early registered students;
one and only payment due date for regular registered students
If the 15th falls on a weekend or holiday, payment is due the
previous working day.
Students wishing to have all monthly billing statements sent to
an address other than their permanent address, may make that request at
the Cashiers Office Accounts Receivable window at 15 Jesse Hall. The
request must be made by the student and requires the student's
signature. Please see
"Change your billing address".
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What happens if I miss the payment due date? |
A late fee of $10.00 will be added to your Student Account if at
least the Minimum Payment is not received by the Due Date shown on
the Monthly Billing Statement.
If we do not receive this payment, you may also be subject to
sanctions, including denial of access to the Student Recreation
Center, elimination of student charge privileges, and inability to
add/drop classes. Failure to pay will also result in denial of
future registration access and withholding of transcripts or diplomas.
If your Student Account continues to be delinquent, your classes will
be subject to cancellation. If you went through Early Registration,
you will have to register again through regular registration to re-enroll
in classes after we receive the required payment. If you re-register after
classes have begun, this will be considered a "late registration" and you
will incur a Late Registration Fee equal to one credit hour of Educational
Fee at the Undergraduate rate. If your classes are cancelled due to
non-payment, any refund to you will be subject to the
University's refund schedule.
Past Due amounts owed the University must be satisfied by payment in
full. If necessary, the University will pursue appropriate collections
practices, which may include referrals to a collection agency for accounts
that remain Past Due, resulting in an additional collection charge of up
to 50% of the balance.
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What types of charges will be on my bill? |
Your bill will show charges for classes and residential
life. It will also show charges from the bookstore, easy eating,
telephone, etc. It will NOT show charges for sororities and
fraternities. Please see
Understanding Your Bill
for more information.
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What payment methods can be used to pay my bill? |
Cashiers accepts the following methods of payment:
- Cashiers checks, money orders, travelers checks
- Personal checks - The amount of the personal check may not
exceed the amount due from the student. A student whose checks are
returned from the bank unpaid will incur a $20 service charge per
check. A student presenting a check for fees to the University
that is returned unpaid and remains unpaid after the close of the
regular registration period will be considered a late registrant
and will be subject to the late registration fee; the enrollment
may also be subject to cancellation.
- MasterCard and Discover - Cashiers accepts payment on the
student's account up to the credit limit of the cardholder. The charge
amount may not exceed the amount due. Credit card payments may
only be made through our third party vendor which can be accessed
through
myZou if you are a student or through direct login to
Quikpay if you
are an authorized user. Please be aware
that a 2.75% service charge will apply. Refunds based on credit card
payments will be refunded to the credit card.
Students may utilize the following options when paying fees:
-
myZou -
You may pay your bill online via
direct debit of your checking or savings account. You may also pay
using Mastercard and Discover credit cards through our third party
vendor which is also accessed through
myZou. Please be aware that a 2.75% service charge
will apply to all credit card payments. Please see our
"makepayment" web page for additional
information. Atuhorized users may pay be logging into
Quickpay directly.
- Cashiers Lobby, 15 Jesse Hall - For those who wish to pay in
person. If you are paying in cash, you must pay in person.
- US Postal Service - A return envelope is provided with every
billing statement. The address on the return evelope is a clearing
house used by the University of Missouri system to receive payments
and is located in Kansas City, Missouri.
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Is there a late fee if I do not pay my bill by the due date? |
Yes. Student accounts will be subject to a late fee
of $10.00 when payment is not received by the scheduled due date
as communicated on the student's Monthly Billing Statement. If
the Minimum Payment or Billed Balance Due is paid on or before
the scheduled due date, as it appears on the student's Monthly
Billing Statement, no late fees will apply.
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Is there a finance charge? |
| The University assesses a 1% monthly finance charge on the
unpaid portion of the billed balance. The finance charge is based
on the previous billed balance and will not be assessed on the
current charges for that billing cycle. You may avoid the
finance charge by paying the total billed balance each month.
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