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Student Billing
and Payment |
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| About Your Bill |
Your
Billing Statement is a cumulative record
of activity reflecting all charges and
credits incurred during the annual billing
cycle. The annual billing cycle begins
in June and runs for one year through the
following June. Monthly billing statements
are cumulative, meaning that all items
will continue to appear on all monthly
statements throughout the annual billing
cycle, regardless of payments made. Please
note that all new charges and credits will
be displayed with an asterisk "*".
Previously billed items that are similar
in nature may be combined and appear as
a single line item.
If you have an account balance at the beginning of the cycle, it will appear
as the first item on your statement. That amount will continue to appear on your
statement for the full duration of the cycle. Please be advised that any payments
made to reduce this balance are reflected on your statement, and are included
in the calculation of the Balance Due.
Full payment of your student account bill is due by the date indicated on your
statement. You are responsible for paying any amounts not covered by financial
aid, Penn Plan programs, or outside sources. A late payment penalty of 1.5% of
any past due balance will be assessed. A past due balance may result in your
student account being placed on financial hold, which restricts future registration,
diplomas and transcripts.
Your current bill, plus any new transactions to be billed, is always available
online
at Penn
Portal under Financial
Matters, current billing statement. |
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