Student Billing FAQ
Student Billing FAQ
1. When do I pay and how much?
If a student registers before the first billing cycle each term, the University allows for tuition, fees, health insurance, room, and board to be paid in three installments.
If a student registers after the first bill is produced, 1/2 of tuition, fees, health insurance, room and board, plus all miscellaneous charges are due by the second due date of the term, and the balance is due on the third due date.
If tuition, fees, health insurance, room, or board are not assessed on the first two statements, the entire amount will be due on the third due date of the term.
Each statement will indicate a due date by which payment must arrive at the University Cashier's Office.
University due dates occur on the tenth of each month or the following business day when the tenth falls on a weekend or University holiday.
The due dates for each semester are published on the back of the statement, in the online Class Schedule, in the General Catalog, and in financial aid publications. Due dates for the 2007-2008 academic year are:
- Fall 2007: August 10, September 10, October 10
- Spring 2008: January 10, February 11, March 10
- Summer 2008: June 10
2. What happens if the minimum amount due is not paid by the due date?
Any student who completes registration agrees to pay the University according to the payment terms documented in the Colorado State University Class Schedule under the Payment of Accounts section.
To encourage prompt payment, the University assesses a 1.5% per month late charge on the past due amount if the payment does not arrive by the due date. In addition to the late charge penalty, the University will assess a financial "hold" which restricts access to the registration system and restricts the release of transcripts and diploma.
3. Where are my bills mailed?
Statement are mailed to students at either the current mailing address or optional billing address on file with the University. The University will mail your statement to the most current mailing address on record. In most cases this will be your local Fort Collins address.
Students may update their address or add a Billing Address on RAMweb.
4. May I have my bills mailed home?
Yes. The University provides an alternate billing address option that may be used at the student's request. A billing address can be indicated by using RAMweb and selecting update address options. The billing address will remain in effect until changed by the student. A change to the student's primary mailing address will not change or delete the billing address.
5. What is full-time enrollment?
Student Financial Services considers you enrolled full-time at 12 credits as an undergraduate or 9 credits as a graduate. However, you pay full-time tuition when you are enrolled in 9 or more credits (undergraduate and graduate).
Credits received through registration audits, correspondence, telecourses, and test-outs do not count toward enrollment for financial aid.
6. Do my schedule changes during the course add or course drop period impact my financial aid?
Yes. Financial aid is paid based on the number of credits in which you are enrolled. As you add and/or drop classes, your financial aid is adjusted. At the end of the course add or course drop period, when your schedule is finalized for the semester, your financial aid is also finalized based on your credits at that time. Your aid will not be increased if you add courses later.
7. What happens if I completely withdraw from all of my classes during the course add or course drop period?
You must repay 100% of the federal, state, and institutional financial aid you receive.
8. How does my financial aid get applied to my bill?
Grants, scholarships, and loans will be credited directly to the University student account.
Total charges billed by the University must be paid in full by any financial aid that is credited to the University student account.
Students who have been awarded loans must sign and return their promissory note(s) and all other pertinent documents to Student Financial Services in order to have the proceeds credited to the University student account.
Failure to sign, complete, or return required loan documents may result in disbursements being delayed.
Changes in enrollment status may affect tuition and fee assessments as well as financial aid eligibility and the award amount.
Refunds may only be issued if the financial aid exceeds the total charges billed to the University student account.
9. Who can answer questions about my University student account?
Review your University Student account on RAMweb. If you still have questions about your University student account contact Student Financial Services:
10. What happens if I receive a combination of "F", "U", and/or "W" grades?
If the student does not officially withdraw from the University and receives all “F”, “U”, and/or “W” grades, the student will be required to verify the last date of attendance and the student may be required to return 50% of the financial aid received.