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.



Keywords:
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Doc ID:
122448
Owned by:
Kathy K. in University of Illinois System
Created:
2022-11-11
Updated:
2024-10-30
Sites:
University of Illinois System