U-Bill Definitions

 Balance owed on the account after any anticipated payments.

Balance that is due in the next 30 days.

The sum of the Current and Past Due amounts.

Balance that is due beyond the next 30 days.

Balance that has a due date before today.

Total balance owed on the account, not including any anticipated payments.

$20 enrollment fee per semester when enrolling in the Deferred Billing Payment Plan.

$35 enrollment fee per semester to defer tuition and fee charges that will be paid by the student's employer.

Assessed when an account is placed with an external collection agency after our internal collections processes have been exhausted.

The amount of the fee is a percentage of the balance, percentages vary by agency.

Assessed shortly after the due date each month if the minimum amount due on the U-Bill has not been met.

The finance charge is a percentage of the past due balance.

15% internal collection cost fee from Iowa State and it occurs at least 3 months after you have a past due balance on your U-Bill.

$30 fee each time a payment is returned (example: insufficient funds, closed account, unable to locate account, etc.)

Payments that are expected to apply to the account in the near future, most commonly Financial Aid.

Portion of a payment that is applied to charges, often showing only the portion applied to charges from a specific semester.

Plan that allows a student to split their semester bill into three payments. Additional details can be found by clicking this card.

Payment method that allows for payment directly from an international account. Fees and conversion rates vary.

Payment method that takes funds directly from a domestic checking or savings account. Requires Routing and Account Numbers.

Plan that allows a student to defer certain semester charges until the end of the semester to allow an Employee Reimbursement plan to pay. Additional details can be found by clicking this card.

Payment that is not applied to any outstanding charges either because it can't apply to the outstanding charges or there are no outstanding charges for it to apply to and could result in a refund.

A tax document Iowa State University provides to students and the IRS that reports payments made towards semester charges. Additional details can be found by clicking this card.

Account that has been past due for at least 3 months and is currently with either our in-house collections team or placed with an external collection agency. Additional Details can be found by clicking this card.

Card that was used when making a Credit Card payment.

Refund amount that is currently in the process of being sent out, should be settled within one business day.

Over-payment on an account that is sent to the student via Student Refund or to the Card of Origin.

Student selected method of refund, often Direct Deposit.

Refund that has been processed and released to be refunded.