Billing Terms

Deferred Payment Plan:

A payment plan that allows a student to pay their U-Bill in monthly installments over the semester. Deferrable items include tuition and room and board charges.

Due Date:

Last day a U-Bill may be paid without incurring any late charges. It is generally around the 5th of each month.

Federal Direct PLUS Loan:

Supplemental loan parents of undergrads can apply for through the Financial Aid Office. Not based on financial need.

Federal Direct Stafford Student Loans:

Formerly called Guaranteed Student Loan. Federal loan to the student borrowed through the UNI Financial Aid Office. Subsidized loans are based on financial need. Unsubsidized loans are not need based.

Home Address:

Student's permanent address. U-Bills and/or refund checks are mailed here when classes are not in session.

Local Address:

Student's university address. U-Bills and/or refund checks are mailed here when classes are in session.

Minimum Due:

Minimum amount due by the due date on a student's U-Bill if a student is paying on the deferred payment plan.

Perkins Loan:

Formerly called National Direct Student Loan. Federally funded loan to the student based on financial need and is borrowed directly through UNI. Awarded on a first-come, first-serve basis.

Total Due:

Total account balance as of the 10th of that month. Must be paid by the due date to avoid restricted enrollment fees.

U-Bill:

University Bill. A statement of account for each student that itemizes all charges and/or credits a student has incurred since the last billing.