Third party billing payment is due by the date indicated on the statement
of account.
If payment is not received within 90 days of the billing date, a late payment fee of $90 per student will be assessed; a notice
of nonpayment will be sent to the student; and a hold placed on his or her
record that prevents transcript release and registration.
After 120 days of nonpayment, the student is billed for the unpaid amount, including the $90 late payment fee.
Any charges that are not paid by the sponsor are billed directly to the
student. The student will be charged and a hold placed immediately on his
or her records if, at any time, the third party agency notifies the University
that they will not pay any portion of a bill.
Payments can be made either by a check made payable to the University of Minnesota
or online as an electronic funds transfer.
Payment by U. S. Postal Service
IMPORTANT! Ensure that check payments are applied correctly and avoid giving
the student duplicate credit by mailing payments only to the Third Party Billing
address given here:
Third Party Billing, Office of Student Finance
University of Minnesota, Twin Cities
B12 Fraser Hall, 106 Pleasant Street S. E.
Minneapolis, MN 55455-0433
Electronic funds transfer
Contact Third Party Billing to obtain electronic funds transfer (EFT) bank
instructions. Include any information that would help identify the payment
in the text portion of the transfer. The customer number, billing statement
number, student name, or student ID number of the person expecting the money
is particularly helpful.
To ensure proper credit, EFT payment notification must be sent via e-mail
or U. S. Postal Servicel to Third Party Billing and include the following:
- amount due
- trace number
- payment transfer date (approximately)
- academic term
- billing statement number
- student's name
- partial payment amount (if a billing statement is not being paid in
its entirety.)
