Tuition Payments: Late Fee Policy
Tuition and fees are due in full by the published due dates for each semester. Tuition and fees incurred after the registration period are due at the time the student signs up for the service (i.e., board, housing). Students that fail to meet this deadline will be assessed a late payment fee of $50 on the first day of the following month of the tuition due date. In addition, a 0.5% finance charge will be applied on the outstanding balance as of the first day of every month following the tuition due date. In arriving at the account balance subject to a finance charge, the amount of pending financial aid, the payment plan, and the total amount of your work study awarded dollars are exempt.
If a student applies for financial aid, work study, or the monthly payment plan after the payment due date, the account is subject to late fees and finance charges.
All payments being mailed must be received by the Office of Student Accounts prior to each tuition due date. Accounts that do not meet payment deadlines will be assessed a late payment fee and/or a finance charge. Therefore, it is important to allow sufficient time for your payment to be received by our Office. Please allow 5-7 business days for all mailed payments to be received.
Because of potential delays in the U.S. mail, we encourage all students to pay on-line by logging into their UMary account where bills are available 24 hours a day/7 days a week. Paper bills will not always be sent out so it is important to view your student accounts online.
During summer session, payment is due in full the first week of when a student's individual class begins. Failure to meet this deadline will result in late fees and finance charges being assessed, when applicable.
Tuition and fees are due 7 calendar days from the first class session unless other payment arrangements have been made with Student Accounts per the Intended Method of Payment form. Other payment arrangements include outside billing (third party) and/or financial aid. If a student applies for financial aid, or submits a third party authorization to Student Accounts after the due date of their classes, the account is subject to late fees and finance charges.
Disputing a Late Fee
If you are charged the late payment fee and have extenuating circumstances that warrant a review of the fee, you may appeal by submitting a written request along with attaching any appropriate documentation to the Office of Student Accounts within the term of the late fee assessment. For example, a late fee assessed for the Fall term must be disputed in writing prior to the last day of that Fall term. Late fee disputes will be reviewed and a decision made within 30 days, at which time the student will be notified via their UMary e-mail. Failure to dispute a late fee within the term it was assessed indicates that the student is aware of the fee and accepts its assessment. You must pay the fee before the appeal can be reviewed. If the appeal is granted, you will be issued a refund.
NOTE: Disputing a late fee does not guarantee that the fee will be removed. Submitting a written request for removal only means that a late fee is being disputed and that a Director will review the student's account to assess the late fee's validity. If a Director deems the late fee to be legitimate, the student will be required to pay it.
Late payment fees will not be assessed only under the following conditions. The student:
Has signed up for our monthly payment plan and is budgeted correctly. Prior to the start of a semester, estimated preliminary charges may be all that is available for the new semester's tuition and fee costs. Students should check their payment plan budget the day after the drop/add date closes to ensure their budgeted amount matches their account balance at the University of Mary. For any accounts that are under budget, students will be responsible for either increasing their contact budget or paying the difference directly to the University of Mary by the published tuition due date. Accounts that are not budgeted correctly will be assessed late payment fees if not paid before the scheduled due date.
Has pending or authorized financial aid (awaiting disbursement) that covers full or remaining balance.
Has a pending third-party authorization on their account (indicated by filling out the Intended Method of Payment Form or some type of Third Party Authorization Form) paying full or all of remaining balance. Students with third-party sponsorships are required to turn in all documentation prior to the first day of the term or class. Without proper paperwork, the University of Mary cannot invoice a third-party sponsor. Students that do not have all documentation turned in prior to the first day of the term or class will be assessed a late payment fee if their account has not been paid on the published tuition due date.
Is a GI Bill Tuition Assistance recipient, has turned in the proper tuition assistance
form to the University of Mary, and has paid tuition difference, if any.
Late payment fees exceptions are also contingent upon each condition above being met before the payment deadline.