Understanding Your Bill


First things first: How do I access my statement?

Minimum Payment: This is the amount due from the activity on this billing statement, or billing cycle.

Due Date: This is the due date of the Minimum Payment amount. It must be received by 5 PM on this date to avoid a service charge and bursar hold, which prevents registration and transcripts.
This is the date the bill was generated. Bills are generated every month, the night of the 10th. Email notification is sent to all registered students, faculty, staff and retirees informing them when a new bill is ready to be viewed in the Bursar Account Suite. A paper bill is not mailed to currently registered students.

Charges are added to the amount due.

Payments & Credits are subtracted from the amount due.

Negative amounts in either column represent reversals or adjustments of charges, payments, or credits. For example:

  • A negative charge means a charge was reversed, such as when a course is dropped before the refund deadline.
  • A negative financial aid entry means that aid was reversed.

Previous Billed Balance is the amount due from the last bill.

The remaining area provides a brief, itemized description of the charges and/or payments & credits that occured on the account during the billing cycle. For more information about your tuition and fee charges see Tuition & Fee Information and Tuition & Fee Rates.

This field shows the total remaining unpaid amount from previous billing cycles.

This field shows the total charges incurred in this billing cycle.

This field shows the total payments & credits posted in this billing cycle.

This field shows the total amount of financial aid funds that have been awarded but have not been disbursed (paid out) to your account as of the bill date. For more information, see How do I check my financial aid?

This field shows the total amount you owe as of the bill date. It is calculated as such:

+ Previous Balance
+ Current Charges
- Current Payments
- Pending Finacial Aid

Note that in some rare cases, this amount may be different from the minimum payment amount.

Also note that a statement may reflect a $0 balance due. This is because there was activity in the billing cycle that resulted in you having a $0 balance. You will receive no future billing statements if you have no future activity.  

This area shows the total amount of housing deposits for current or future UNM Housing residents. Students will only see an amount in Deposits if they have a current contract (or have turned in an application & deposit for the future) with UNM-owned housing (not LoboVillage or Casas Del Rio). Once they successfully check out of housing and are not planning on returning, the deposit is then released to their account and is refunded or applied against any balance due.

This area provides important messages or information to customers about deadlines or other urgent dates that are coming up.