What happens if I miss a Payment Plan payment?

Consequences of late payments when enrolled in a payment plan.

If two consecutive monthly payments are missed, USFSCO reserves the right to remove you from the Payment Plan. Any payments made on the Payment Plan before or after we terminate your plan will be applied to your UI-Pay account. Any overpayments made will be refunded according to the University refund process. Once a Payment Plan has been canceled due to delinquent payment, the normal University of Illinois financial regulations and payment schedules will apply. Payment Plans terminated due to delinquent status may not be reinstated for the current academic year. A Payment Plan cancellation fee of $25 will be assessed on any account removed from the Payment Plan due to delinquent payment.




Keywords:missed payments, monthly, UI-Pay, student account, cancel, financial, schedules, terminated, delinquent, overpayment   Doc ID:92563
Owner:Kathy K.Group:University of Illinois System
Created:2019-06-20 10:20 CDTUpdated:2019-06-21 12:41 CDT
Sites:University of Illinois System
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