University Bursar - Why do I have a financial hold on my student account?
University Bursar will place a financial hold on your student account that will prevent registration if:
- You have a past due balance over $1,500.
- You need to rebalance your UI-Pay Payment Plan.
- Your account is in Collections. To be eligible for registration, students with a Bursar Collections hold must pay their full account balance.
Once the balance is paid in full or paid to $1500 or less, the hold will automatically lift in approximately 30 minutes. Past due balances are subject to a late payment charge of $1.00 or 1.5%, whichever is greater, per month until your student account is paid in full. Account balances 60 days or more past due will be assessed a past due charge of $2.00 per month in addition to the late payment charge. Accounts placed in collections are charged a $42.00 administrative collection fee.
See Also
- University Bursar - Why hasn't my financial aid posted to my student account?
- University Bursar - What happens if I don't pay my bill by the due date?
- University Bursar - Why do I have a campus-based loan hold on my account?
- University Bursar - Can I enroll in classes if my account is in collections?
- University Bursar - Who should I contact with my financial questions?
