Tuition Account - Bill Explanation
Overview
- Tuition Accounts are a compilation of tuition and fee financial activity for all terms of enrollment from the summer of 1999 forward.
- Tuition and fee bills reflect all related financial activity, similar to a credit card statement, rather than just current term activity.
- The tuition and fee bill displays any unpaid balance carried forward from the last invoice, details of new activity since the last bill, and the total account balance due.
- If a student owes a current and previous term balance, both terms are reflected on the same bill.
How to read your Tuition Account bill
Previous Balance:
The Total Account Balance
figure from the last Tuition Account bill.
New Activity:
The sum of the detailed New Activity
Since Last Bill section.
Total Account Balance:
The sum of the Previous Balance
plus New Activity Since Last Bill. This
amount is due by the due date specified on your bill.
New Activity Since Last Bill:
This section displays the detail of all Tuition Account transactions that have occurred since the last
invoice.
Note: Most types of financial aid are applied directly
onto student's Tuition Account to pay charges according
to Financial Aid Regulations. Financial Aid transactions appear
in the New Activity Since Last Bill section
after the aid is posted to student's Tuition Account.
Messages:
This section provides important information for the
student. The message section is customized with every bill, so it's
important to read the messages on every invoice - including the
email sent when the balance due is zero.
Select invoice messages
to view the GOVERNOR'S MESSAGE and a sample of other messages printed on Tuition Account bills.
Additional Notes:
Students with a Tuition Account balance of zero
are sent an email
referring them to the
http://my.wisc.edu website
for details of the financial activity
on their account. No paper invoice is sent if a Student Account balance is zero.
A negative dollar amount in the Amount Due box means that, when the bill was printed, you had a credit balance on your Tuition Account. Do not pay this amount. A refund will be issued as appropriate.