Billing Information

Billing Changes – Effective Fall 2023

PAYMENT PLANS – Students and/or Authorized Users must select a payment plan each semester. More information on the various plans can be found here. Email notifications will be sent out to ahead of each due date and as new charges and/or credits are added. .

ON-DEMAND STATEMENTS – Currently enrolled students and authorized users will no longer receive a static bill each month. Instead, they will have the ability to view the “on-demand statement” option within TouchNet 24/7, allowing them to see their current charges.

STATIC MONTHLY BILLS – Students who are no longer enrolled and have an outstanding balance owed, and students who have not eConsented will receive a monthly static bill. The 1% monthly finance charge will continue to be assessed to non-enrolled, past due student accounts. A late fee of $25 will be assessed if the payment is not made by the due date (10th of the month).

Current Billing Information

Minimum Monthly Payment Schedule
1/4 Aug 10 1/4 Jan 10 1/3 May 10
1/3 Sep 10 1/3 Feb 10 1/2 June 10
1/2 Oct 10 1/2 March 10 Full July 10
Full Nov 10 Full April 10
Effective Fall 2023, the first due date will be September 10th.

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 $10 late fee if the required minimum payment is not met by the due date on your statement. In addition, you could be subject to the following sanctions:

  • Your transcripts and diplomas may be withheld
  • Inability to add classes and denial of future registration access

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 any and 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