<p>I didn't pay in full (paid most of it), but to put it simply, I don't have the money at the moment. I intend to pay the rest in like November or December when I get enough $. </p>
<p>Here the questions:
I know I won't be dropped from my classes, but...
Will I be blocked from spring telebears? What else would happen? and any advice would be appreciated....Thx in advance.</p>
<p>If you paid part, you would have been automatically put on the payment plan for tuition - spreading the tuition across five equal monthly payments. Housing if you are in the dorms is also billed in ten equal monthly payments. The amount that is listed as ‘Account Balance’ is more than you will have to pay through the end of this semester, since it includes the full year of housing as an obligation even though the monthly charge for half of those won’t be due until Spring semester.</p>
<p>You might actually be okay. When you look at the CARS quick statement from Bearfacts, the ‘account balance’ starts out with the entire year’s room/board plus the entire Fall semester tuition plus any minor charges you made. However, only 1/10 of the room/board is due that first month and to that you add the Fall tuition and minor charges to get the listed value ‘Minimum Due + Full Reg Fee’. If you take the Fall tuition charges, divide them by five, add in the one month of room board plus your minor charges, that is the third listed value ‘Minimum Amount Due Now’. It is 1/5 of a semester tuition plus 1/10 of housing plus minor charges. As long as you paid that smallest amount for the first month, you are not in arrears at all. If you paid less than the Minimum Due + Full Reg Fee in that first month’s payment, then your Fall tuition was put on the payment plan and each month you will only be charged for 1/5 of Fall tuition, 1/10 of annual housing, and any minor charges from that month. If you paid more than the “Minimum Amount Due Now” but less than “Mininum Due + Full Reg Fee” then you are on the payment plan and also have a credit balance since you already paid more than the 1/5 of tuition that was due. If you paid more than “Minimum Due + Full Reg Fee” then you have a credit balance against future monthly housing charges. </p>
<p>It is pretty confusing until you get the mental picture of what the are doing and what the terms mean. What does your CARS Quick Statement say right now?</p>
<p>thx for taking the time for the long response, rider. And I definitely should have explained my situation better. I live with parents so my bill for the semester is about 5500$, mostly covered by financial aid. I am on financial aid and before the semester started my CARS bill was 1500$ish, which I paid in full. However, due to updated financial information, I recently became ineligible for some of the aid that was awarded and accordingly, I owe more money to the school. Now my CARS says</p>
<p>Minimum Amount Due Now: $2,100.13
Minimum Due + Full Reg Fee: $2,100.13
Account Balance: $2,100.13</p>
<p>I know there will be a late fee of 100$ when I pay in dec or whenever.</p>
<p>Basically I went to billing and they said I should pay right away, but I’ve heard of students not paying til later on and not incurring any penalties besides the 100$ fine. I just want to confirm this.</p>
<p>Any thoughts?</p>
<p>You might be blocked from telebears if your min amt due now has some amount. It’s more of an automatic thing that happens. At least that was my experience.</p>