| Consolidated Billing Statement | Your student account billing statement which is generated by the 25th of each month and is due the second Wednesday of the following month. The University features a consolidated billing system which bills student for a wide variety of departments all in one statement. The bill is located online at the student's WAM/WAMS account. |
| E-mail Notification | Each month that a bill is generated on your account an email will be sent to the email address provided to notify the student of the bill. The bill can be reviewed at WAM/WAMS. A paper copy will not be sent. A bill is not generated unless there is activity or a balance on the account. Even if you have scholarships and/or financial aid, you should ALWAYS review your bill. |
| Estimated Financial Aid | This is only an estimated figure of your financial aid package. This is displayed on your Estimated Bill to assist you in your budgeting for the future due date. It has not been credited to your account. |
| FACTS Payment Plan | See "Payment Plan". |
| Form 1098-T Tuition Payments Statement | IRS tax form related to the Hope and Lifetime Learning Tax Credits. The University generates one combined form for all campuses. Per the IRS Form Instructions, "You, or the person who may claim you as a dependent, may be able to take either the tuition and fees deduction or claim an education credit on Form 1040 or 1040A for the qualified tuition and related expenses that were actually paid." |
| Holds | A hold is a sanction placed on the account of a student who is delinquent. A hold will prohibit the release of transcripts and diplomas and prohibit future enrollment (including adds and section changes) until the account is brought current. For an immediate release of a HOLD, payment must be made by cash, cashier's check, money order, Discover, or Mastercard (sorry -Visa is not accepted). Due to the large number of bad checks presented, the University delays the release of HOLDS on accounts paid by personal checks for a period of three weeks. |
| Hope/Lifetime Tax Credits | Created as part of the Taxpayer Relief Act of 1997, these credits may be available to you as reductions of your tax liability. The credits are claimed on your tax return, or the return of the taxpayer that claims you. Form 8863 must be completed to claim the credit. Publication 970 "Tax Benefits for Education" will aid in preparing your return. |
| Late Payment Fee | If payment of the "Amount due" is not received by the schedule due date, as communicated on the student's Monthly Consolidated Billing Statement, a $20.00 late payment fee will apply. If the "Amount due" is paid on or before the scheduled due date, as it appears on the student's Monthly Consolidated Billing Statement, no late fees will apply. |
| Library Fee | A student library fee was initiated in 2003. This fee is a per credit hour fee and is assessed to all students. |
| Lockbox | The University utilizes an external vendor for the processing of our consolidated billing payments. That is why payments by mail are requested to be mailed to an Omaha address. |
| Payment Plan | A payment option available in which the student determines the amount they want to budget for an upcoming term and is then set up for automatic payments in order to help spread out payments throughout the year. There is an enrollment fee for the plan. It is a prepayment plan -not a loan. |
| Program and Facilities Fees | See University Program and Facilities Fees |
| Refund | When a student account has a credit balance where payments and credits exceed total charges due, a refund of these excess proceeds will generally be processed and the excess returned to you by check. This is an automatic process. No action is required by the student. The refund can be received through direct deposit to your bank account. We encourage students to enroll for this option at WAM. |
| Sanctions | Actions that may be taken on accounts that are delinquent. This may include but are not limited to the following: $20 late payment fee per month, registration and transcript hold, housing eviction, cancellation of telecommunications services, deactivation of NCard for purchases. |
| Student ID | The 8-digit NU ID which appears on each student's NCard. This is not a student's Social Security Number. |
| Technology Fee | A student technology fee was initiated the first semester 1997 to provide information technology resources to all UNL students. This fee is a per credit hour fee and is assessed to all students. |
| University Program and Facilities Fees (UPFF) | In addition to tuition, all enrolled students (except students only enrolled in Distance Education "F", "S", or "X" courses) must pay UPFF based on their total hours of enrollment. The fee is one rate for those registered for 1 - 6 credit hours and a higher rate for those registered for 7 or more hours. |
| WAM | What About Me? - a student's on-line account which allows access to important information related to the following offices: Admissions, Scholarships and Financial Aid, Registration and Records, and Student Accounts. The student logs in at: wam.unl.edu The student's ID number and 4-digit PIN are required. |
| WAMS | What About My Student? - an on-line account where a student can allow another individual access to important information related to the Office of Student Accounts (i.e. consolidated billing, online payments, tax information.) The individual logs in at: wams.unl.edu The student's ID number and password assigned by the student are required.
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