Student Financial Services
Late Payments and Payment Problems
Your account is due in full by 4 PM on the due date printed on your statement. If you are unable to pay your account in full, you must contact Student Financial Services before the due date and make acceptable arrangements to pay in full. Please keep in mind, you may be charged a $250 late payment fee and have a hold placed on your record, which will block you from adding or dropping courses, or accessing grades or transcripts, until your account has been settled.
Late Payment Fee Policy
All students are required to respond to their semester bills with full settlement information by the due date listed on their bill. Accounts settled after the due date may be assessed a late payment fee of $250. Please note that payment must be received by 4 PM on the due date; there is no grace period for payment.
Students are responsible for checking their UVM assigned email address. UVM sends all currently enrolled students electronic billing statement notifications. Failure to check the UVM email and view the billing statement after receiving the notification will not be an acceptable reason for non-payment or delayed payment.
Students whose initial on-time settlement checks are not paid by their banks (for reasons of insufficient funds, closed accounts, etc.) will be assessed the late payment fee.
Students whose initial settlement checks are post-dated beyond the due date will be assessed the late payment fee.
A Late Fee Appeal Form is available in the Worksheets and Forms section of this website.
We recognize that it is sometimes difficult to honor financial commitments. If you find yourself in this situation regarding your UVM account, let Student Financial Services, (802) 656-5700, know immediately. Although we are willing to work with you to help you through a difficult time, we may find it necessary to take any or all of the following steps: placing a hold on your right to register for subsequent semesters, withholding your grades and transcripts, or withholding your diploma. Financial Holds will not prevent the student from attending classes that are already on their schedule or from moving into their room or using their meal plan, as long as they are registered for classes. Students living on-campus must be registered for classes in order to move back into their dorm rooms for the spring semester. If a student has not registered for spring classes due to any type of registration hold, they will not be permitted to move back into their dorm room in January.
If you leave the university for any reason with an outstanding balance, and this balance is not settled in a timely manner, the university may turn the account over to a collection agency. If this becomes necessary, you may also be responsible for paying any additional collection fees and other costs and charges necessary for the collection of the debt.
Last modified November 22 2010 12:55 PM