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 Payment Plan
- Your account is in Collections. To be eligible for registration, students with a 9C Bursar Collections hold must pay their full account balance.
Please log into UI-Pay to pay your balance. Once payment is received for the past due balance, the hold will automatically be removed within 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.