Your Statement

Billing and Due Date Timetable

Billing is generated around the 17th of the month and bills are mailed out as soon as possible. Payments are always due on the 10th of the next month or the next business day thereafter.  

First fall statements are mailed out around July 24 and the first payment would be due on Aug. 10. 

First spring statements are mailed out around Dec. 20 and payments are due Jan. 10. 

To read more about the payment plan we offer and to sign up, go to www.niagara.edu/payment-plans. A $25 fee is charged per semester and you must sign up each semester. If you apply after Sept. 10 or Feb. 10, your application would need approval before you can join the payment plan.

Niagara   University Payment Plans

Fall Semester

(Percentages   are the percentage of the balance due for the semester)

5 Month - sign up and make   down payment in Aug.

Aug. 10 - 20% down pmt.

Sept. 10

20%

Oct. 10

20%

Nov. 10

20%

Dec. 10

20%

4 month -sign up and make   first payment in Sept.

 

Sept. 10

25%

Oct. 10

25%

Nov. 10

25%

Dec. 10

25%

Spring   Semester

5 Month – sign up and make   down payment in Jan.

Jan. 10 – 20% down pmt.

Feb. 10

20%

Mar. 10

20%

April 10

20%

May 10

20%

4 Month – Sign up and make   first payment in Feb.

 

Feb. 10

25%

Mar. 10

25%

April 10

25%

May 10

25%

Beginning Balance

Billing Brochure

Any  balance due or credit balance at the end of the previous semester is printed as the beginning balance." Amounts due are printed in the charge column, credit balances are printed in the credit column.

Charges/Credits

The upper section of the statement of account lists all charges, payments and financial aid credits from the beginning of the semester through the billing date. Charges appear in the left column, credits and payments appear in the right column.

New Account Balance

This is the outstanding balance due on the student's account as of the billing date.

Deferments/Pending Aid

Financial aid credits appear on the statement when all necessary documents have been received and processed by the Financial Aid Office. Financial aid deferments appear when there is missing documentation, or where there is only an estimate of what a student may receive. Financial aid deferments allow you time to finalize your awards. It is imperative that you take necessary action to convert the deferments to credits. Any awards that are still deferments in October and February require immediate attention, there is something that needs to be done to convert them to credits.

Net Amount Due

The net amount due results from the subtraction of your total deferments from your new account balance. If the net amount due is listed in the charge column, you have a current balance due on your student account. If the net amount due is listed in the credit column, you have no balance due at this time. Once your deferments are converted into actual credits (as your aid is processed), you may have a refund due. NO refund checks are issued based on a credit balance resulting from deferments. Refunds are only issued when the new account balance is a credit.

If you have chosen to participate in the University's Payment Plan, your net amount due is divided by the number of payments remaining in the semester. The payment plan amount due prints on the bottom of the statement as "amount due by" the due date.

Changes In The Amount Due

After deferments are converted into credits, a balance may remain.  Please remit the balance due by the date indicated to the Student Accounts Office. If you participate in the university's payment plan, your payment plan amount due will be adjusted automatically.