Policies and Procedures

All semester charges (tuition, room, meal plans, and fees) are due by the date on the billing notification e-mail, unless an established Monthly Payment Plan contract has been finalized with the Office of Student Accounts.  Previously unbilled and new charges are due and payable when incurred. Payment is considered complete only when all charges are paid or when satisfactory arrangements to pay have been finalized with the Office of Student Accounts.

Financial Responsibility Statement

The Financial Responsibility Statement (FRS) provides information relevant to course enrollment/registration at the University. The University's Financial Responsibility Statement requires that all students accept the terms via our student system (CaneLink). This process ensures all students understand and comply with financial requirements regardless of financial status and/or academic program.

Students will be prompted to accept the Financial Responsibility Statement with a pop-up screen when logging into CaneLink.

Since all students are required to review the FRS once a year, a “FRS Not Accepted by Student” hold is placed on a student’s account if it has not been accepted. This hold will impact all enrollment activity and transcript and/or diploma requests. Once the FRS agreement is completed, the hold will be lifted immediately.

Consequences of Non-Payment

If your balance remains unpaid by the semester due date, a financial hold will be placed on your account. This hold will block you from adding classes.

To avoid a financial hold, ensure your balance is paid in full or that payment arrangements are made by the deadline.

Financial Hold

A financial hold is placed on your student account if you have an outstanding balance or have not made satisfactory arrangements to pay your semester charges by the due date. This hold blocks enrollment.

Note: There is a 5-business-day waiting period for paper check and electronic check (eCheck), payments. Financial holds will be automatically released after this waiting period.

Unsuccessful Check Hold

Students with two or more unsuccessful payments— electronic check (eCheck), paper checks, or a combination—will lose the ability to pay by check for future transactions. A notification will be sent informing the student that a permanent Unsuccessful Check Hold has been placed due to multiple unsuccessful check payments.

Fees and Restrictions:

  • Electronic Check (eCheck): A $25 unsuccessful payment fee is charged for each returned electronic check (eCheck). Fee is non refundable.
  • Paper Check Payment: A $25 unsuccessful check payment fee is charged for each returned paper check. Fee is non refundable.
  • After two unsuccessful payments electronic check (eCheck) / paper check (any combination), future payments must be made using:  
    • Certified funds (bank cashier’s check or money order)
    • Online payments (domestic wire transfer or credit/debit card)
  • Postdated checks will not be accepted.

For information, please visit 'Paying Your Bill'.

Previous and Unpaid Balances

Non-Payment

The University of Miami may declare due and payable at once the sum of all unpaid balances. The University reserves the right to withhold readmission and future registration for non-payment of outstanding balances.

Student Account Over-Payments

All payments should be limited to educational expenses billed to the student's account. Incoming payments that exceed the balance due will be handled as follows:

  • All check overpayments—including personal checks, 529 private plan checks, third‑party checks, and any other check payments—will be reviewed and returned to the sender by mail to the address listed on the check.

Note: Funds intended to cover personal and living expenses not billed to the student's account must be sent directly to the student, not to the University of Miami.