If you do not pay on time
If you are an admitted student and the University does not receive the amount due on your student account by your billing due date, the following will happen:
- You will be charged a late payment fee of $40.00 for each billing cycle that your bill is not paid.
- We will place a hold on your student record. Holds due to non-payment may have the following consequences:
- Your current registration may be canceled including classes you are already attending.
- You may be prevented from registering in the future, ordering a transcript, and/or being issued your diploma.
- You may be unable to make bookstore charges to your student account.
- You may become ineligible for current or future financial aid.
Pay in full to avoid collections
Your payment in full must be received by the third billing due date (or first billing due date for May/summer term) or your past-due account will be referred to collections.
If you pay a past due account with a personal check or e-payment, there could be a 15-business day waiting period before transcripts or diplomas will be released or further registration will be allowed.
Registration cancellation policy
According to University policy, you must pay in full all past due balances or your current and/or future registration will be canceled. Your payment must be received, not postmarked, before the current due date to avoid cancellation of classes.
If payment in full is not received by the fourth payment due date (or the second payment due date for May/summer term), your registration for future terms may be canceled.
If your registration is canceled for non-payment, you will not be allowed to register again until payment in full has been posted to your student account. Please be aware that there is no guarantee that the same classes will be available.
Non-degree enrollment late payment policy
If you are a non-degree student, you are required to pay your student account balance in full by the University’s first payment date for the current term. If you do not meet this requirement, your registration for the current term may be canceled. If your enrollment is canceled, you must contact One Stop to re-register. Please be aware that there is no guarantee that the same classes will be available.
Collections and fees
Seriously delinquent accounts may be referred to the Minnesota Department of Revenue and/or a collection agency. Any charges incurred from this action will be assessed to you.
You are responsible for any and all fees necessary for the collection of any amount not paid when due. If you fail to pay your account, you will be subject to a late payment fee of $40.00 each billing cycle.
Past due accounts may be subject to additional charges, including collection fees and collection agency commissions, which can be as high as 40%. Collection could include court action and referral to outside collection agencies. You are responsible for any and all fees necessary for the collection of any amount not paid to the University or contracted Collection Agency.
Any check or e-payment returned by the bank as unpaid will be assessed a $20.00 returned check charge and could result in your current and/or future registration being canceled.
Call to make a payment arrangement
If your account is in collection status and you cannot pay the balance due in full, please contact Student Account Assistance (612-625-8007) as early as possible so that we can help. The sooner you contact us, the better. We will work with you to set up a payment arrangement. The payment arrangement timeline will be the shortest possible period based on the balance due.
- No penalty for prepayment.
- You can pay more than the monthly amount due or pay your bill in full at any time.
- If you pay more than the monthly amount due without paying your bill in full, it will not lower next month's payment amount. You can pay more at any time, but will still need to pay the amount due each month.
Once you have a payment arrangement with Student Account Assistance, you must make payments as arranged.
Accounts in default
If you make payments for less than the agreed upon amount without prior approval, you will be considered in default of your payment arrangement. Default means that you have stopped making monthly payments on time per your agreement with the University. Missing one payment could result in default. Any fees that were waived will be reinstated. Your account could be sent to an outside collection agency and credit reporting agencies notified of your default status.