Static Monthly Bills

Students who are no longer enrolled and have an outstanding balance owed will receive a monthly static bill.

Finance Charges

The University assesses a 1% monthly finance charge if a balance is not paid in full. The finance charge is based on the previous billed balance and will not be assessed on the currently billed charges.

Missing a Due Date

You will be assessed a $25 late fee if the required amount due is not paid by the due date. In addition, missed payments will result in holds being placed on your account preventing you from registering in future registration activities.

Delinquent Indebtedness

In addition to assessing a monthly late fee and finance charge the University will pursue all collection efforts and practices in collecting any unpaid balance. These practices include placing phone calls, mailing/emailing invoices and collection notices, utilizing the Missouri Department of Revenue’s Debt Offset Program to intercept state tax refunds, referring the account to a collection agency and having the debt reported on your credit bureau reports, and referring the balance to an attorney to pursue the balance via litigation.

If your account balance is referred to an outside collection agency your account may be assessed an additional collection fee of 30 percent of your outstanding balance. This one-time fee would be used to offset all costs and expenses, including reasonable attorney’s fees and collection agency commission that the University may incur in such collection efforts. The University will also assess any additional expenses incurred in collecting the debt as allowed by law.

All communications concerning disputed debts, including a check or other financial instrument tendered as full satisfaction of a debt, must be sent to:

MU Division of Finance Attn: Collections

319 Jesse Hall

Columbia MO 65211