Financial Settlement
Account statements are available on MyCampus (www.mycampus.umhb.edu) 24/7. Paper statements are not mailed. Prior to the start of each semester, students are required to Confirm Your Registration using MyCampus. During the Confirm Your Registration process, students identify how they intend to financially settle account charges for the upcoming semester as well as agree to all terms and conditions of registration.
Settlement dates are established and communicated each semester. Tuition, fees, and room & board charges are due by August 1 for the Fall semester and December 15 for the Spring semester. Tuition, fees, and room & board charges are due by the first day of the term for summer and all other terms. Students receiving any type of financial aid (scholarships, grants, loans, campus work programs, etc.) must complete all financial aid documents by the due date each semester or at the time of registration if the due date has passed. Corrections, adjustments, and / or charges associated with schedule changes after the settlement date are due and payable at that time.
Payments may be made on the MyCampus site with a credit card - Visa, MasterCard, American Express or Discover (credit card convenience fees of 2.75% will apply) or E-Check. No payments are accepted over the telephone. For any check or e-check not honored by a bank, a returned check fee of $30 will be charged and check writing privileges on campus may be revoked.
Books and other supplies are generally not included on student account bills. Students should have funds available for these expenses. Students with excess financial aid can use a book voucher for textbook purchases at the UMHB Campus Store.
Exclusive arrangements have been made with Nelnet to offer a monthly payment plan option. The monthly payment program is not a loan and bears no interest. An enrollment fee of $40 per semester enables the payer to make 4 or 5 equal payments to cover projected semester costs. The first payment for the Fall semester is due by July 10 (if electing 5 payments) or August 10 (if electing 4 payments), but the program may be entered into later by including all previously due payments with the enrollment fee. The first payment for the Spring semester is due by December 10 (if electing 5 payments) or January 10 (if electing 4 payments). Life insurance which covers the unpaid contract amount is included with this enrollment fee.
The payment plan budget is determined by subtracting all financial aid (including scholarships, grants, campus work, if applied to account balance, and loans) from the total of tuition, fees, and room and board. Books, commuter meal plans and other personal expenses may not be budgeted and must be paid for at the time they are incurred. Students may call Nelnet toll free at 1-800-609-8056 or contact via the web at https://mycollegpaymentplan.com/umhb/ to assist in calculating monthly payment requirement. If a student is dropped from the monthly payment plan due to nonpayment, the balance owed on the student’s account will become due immediately.
UMHB will not release transcripts until all accounts have been settled and paid in full. The University also reserves the right to withhold a student’s access to campus services, including MyCampus, MyCourses and UMHB email, and to restrict a student’s participation in university events, including commencement, for failure to make complete payment of a student account. Additionally, UMHB may administratively withdraw a student for failure to demonstrate proper responsibility in the handling of financial matters as related to the University.
UMHB utilizes the UMHB Sadermail account as the official means of communicating account notices to students. It is the student's responsibility to periodically check their Sadermail account.
Accounts that are not financially settled after the first day of each semester will have a financial hold placed on the account. This hold prevents the release of student’s transcript as well as prevents registration for future classes.