You may be placed on financial hold if you have fees that haven’t been paid by the payment due dates. You are able to find out more about overdue student accounts regarding the Academic Calendar and Policy 67.
To learn more about belated payment of costs at UBC Okanagan.
Financial hold overview
Students could be added to economic hold due to outstanding costs, including tuition and student charges, parking and collection fines, and scholar Housing & Hospitality Services fees. The hold that is financial be eliminated if the outstanding stability, including charges, is compensated in complete.
What goes on whenever you’re on economic hold
Exactly just What enrollment tasks is supposed to be obstructed
Below is a summary of registration tasks disabled while on economic hold.
Items that don’t happen when you’re on economic hold
If you are dealing with unforeseen monetary distress or have experienced a significant switch to your finances, contact an Enrolment solutions Advisor to go over your alternatives.
If you are on monetary hold
The hold that is financial be eliminated if the outstanding stability, including charges, is compensated in complete. You should attempt to cover at the earliest opportunity in order to avoid being charged interest that is further.
Please keep in mind that the monetary hold will simply be eliminated when the payment happens to be prepared by UBC. re re Payment processing times vary based on the method that you paid.
Interest penalty
Interest will be charged at a level of prime plus 6% per year. Interest is charged on all outstanding quantities which can be overdue and it is determined toward the termination of every month. Other things in this part notwithstanding, any quantities charged as penalties when it comes to belated repayment of costs and records (such as the Interest Penalty as well as the processing charge) will perhaps not meet or exceed 60% per year.
How exactly to determine interest charged
To obtain the interest charged towards the end of each thirty days stick to the guidelines below.
Resources
Use the federal government of Canada on line device to get the savings certain to your situation as a result of COVID-19.
Make an application for this one-time, needs-based bursary that may offer the costs of necessary gear for the online learning.
Loans, honors, and work are typical options that are helpful. UBC's money and tools are right right right here to simply help.
UBC provides support that is financial scholarships, bursaries, along with other help programs.
Proactive planning that is financial the important thing to pupils success. Relate solely to an ES Advisor to talk about your financial plan.
Touch base for instant assistance in the event that you or another person is in risk, or vulnerable to harming yourself or other people.
Submit an application for this one-time, needs-based bursary that may offer the expenses of necessary gear for the online learning.
Read more concerning the impact of COVID-19 on awards, loans, and tuition.
Uk Columbia residents suffering from COVID-19 have the ability to access government supports such as for example taxation relief and much more.
Call us
Enrolment Solutions Advisors
How exactly to contact your consultant
Find your consultant's contact information on the learning student Service Centre (SSC) under Personal Info > UBC connections