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Sample Time Payment Plan

Sample Student Statement

Description Semester Charges
Tuition & Fees $3,467.25
Housing $2,874.00
Food Service $1,300.00
UBTP Application Fee $45.00
Total Charges $7,686.25
Total Financial Aid $-3,686.25
Balance $4,000.00

Example 1

Calculation of Payment
Charges Assessed by July 21, 2009
Four (4) Installments*

Billing Period Account Balance % Due Installment Payment Due Dates
First $4,000.00 x 50% $2,000.00 08/25/09
Second $2,000.00 x 50% $1,000.00 10/06/09
Third $1,000.00 x 50% $500.00 11/03/09
Fourth Balance = $500.00 12/01/09
  Total Payments = $4,000.00  

Example 2

Calculation of Payment
Charges Assessed after July 21, 2009
Three (3) Installments*

Billing Period Account Balance % Due Installment Payment Due Dates
First $0.00 N/A $0.00 08/25/09
Second $4,000.00 x 50% $2,000.00 10/06/09
Third $2,000.00 x 50% $1,000.00 11/03/09
Fourth Balance x 50% $1,000.00 12/01/09
  Total Payments = $4,000.00  

* Installment payments may vary due to account adjustments.

The examples shown are not options. Your first payment due date is dependent on when the charges are assessed.

Please call the Student Response Center at (716) 645-2450 if you have questions about the UB Time Payment Plan.

Last updated: Friday, 15-May-2009 11:27:42 EDT

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