University Bursar - What happens if a payment on a UI-Pay Payment Plan fails?
UI-Pay Payment Plans are processed on the 20th of the month. If a payment fails, there will be a re-attempt on the 5th of the next month. Nelnet Business Solutions will assess a $25 fee for each returned payment.
If two consecutive payments fail, your UI-Pay Payment plan will be immediately terminated. Once a payment plan has been terminated, the normal University of Illinois financial regulations and payment schedules will apply. Your financial institution may also charge a fee.
See Also
- University Bursar - Can I terminate a UI-Pay Payment Plan once I have enrolled?
- University Bursar - How can I access my UI-Pay Payment Plan information?
- University Bursar - What charges are eligible to be included in a UI-Pay Payment Plan?
- University Bursar - How do I rebalance my UI-Pay Payment Plan budget?