Student Accounts

The University is committed to providing an affordable Christian education to students. While the University seeks to assist students in every way possible, it is ultimately the student’s responsibility to finance their college education. Therefore, students should assume responsibility for applying for aid in advance and ensuring the proper paperwork or cash payment arrive at the Business Office by the date payments are due.

Returning Students Registration:

• In order to confirm courses selected during the Registration Process, a tuition down payment of $250, ($500 after June 1st) is required if 100% of charges are not covered by financial aid.
• The registration down payment is non-refundable.

New Students Registration:

• Once accepted, new students can reserve a place in the new fall class by paying a non-refundable Freshman Registration deposit of $250 before June 1st or $500 after June 1st, reservations can be made at www.umobile.edu/registration.  Freshman Registration is held during the summer, and participants have the option to enroll in the UM Payment Plan through Tuition Management Systems at www.afford.com.

Payment Options:

• The UM Payment Plan through Tuition Management Systems: Students and their families may select from an 8, 10, or 12 month installment plan that spreads the annual cost of an education through payments starting on or after June, July or August of each academic year.
• 2 Pay Plan: Pay non-refundable deposit at time of registration and balance paid by October 15 for Fall and February 28 for Spring. Go to www.afford.com for more information.
• Full Payment of student accounts: Your account can be paid in full at the time of registration.
• Summer Term Payment: Payment for the student's first summer term is due at the time of registration. Payments for subsequent terms are due by the first day of class.

Financial Aid posting to Student Accounts:

• Students who have completed all the necessary financial aid: paperwork required for merit scholarships, federal grants, Federal Stafford loans, parent PLUS loans, outside scholarships and athletic scholarships generally post to student accounts two weeks after the start date of each academic period
• New students who are first time college attendees: Federal Stafford loans are posted 30 days after the start of each academic period per the Department of Education guidelines

Terms of Payment on Student Accounts:

• Payment of final balance is due in full on October 15 for the fall academic period and February 28 for the spring academic period.  Failure to pay on or before the due date will result in a $50 deferred payment option fee  
• The University of Mobile accepts cash, personal checks, VISA, MasterCard, Discover, and American Express
• All students receive a Student Data Sheet after registration has been completed.  A monthly statement is mailed after the term begins.
• Each student should indicate on his or her registration form the address to which the statement is to be mailed
• Financial aid may be applied against the student account balance owed; however, credit is not given until the University’s Business Office has received funds
• Student accounts must be paid in full to:

• take final examinations
• receive grades
• pursue courses officially
• receive degrees
• receive transcripts of credits
• register for subsequent semesters

• No transcript will be released until any unpaid balance is paid in cash. If paid by check, there will be a ten-day waiting period from the date the University receives the check. 

Obtaining a UM Bookstore Voucher to purchase books:

• Books and supplies may be purchased at the University of Mobile Bookstore which is managed by College Bookstores of America. 
• If you have financial aid in excess of your tuition, fees and room & board, you are eligible to receive a book voucher which can be used at the bookstore to purchase books and supplies.
• The Business Office will generally begin giving book vouchers two weeks before each semester begins.
• A rule of thumb for estimating how much you will need for books is about $150 per class.  However, this will vary depending on which classes you are taking and if used books are available.  

Withdrawal/Refund Policies 

• It is recommended that before entering into the withdrawal process that the student meet with their academic advisor and a Financial Aid Counselor
• Students who wish to withdraw should contact the Business Office to begin the official withdrawal process and complete the withdrawal form.
• Refunds of charges will be calculated from the first date of classes to the last date of attendance or date of official withdrawal.
• Refunds are calculated at the following rates. These refunds will be less any administrative fees not to exceed the lesser of five percent of the tuition, fees, room and board, and other charges assessed by the student, or $100. 
• Federal financial aid is earned as you attend class. Failure to attend class or withdrawing prior to completing 60% of the term will result in a return of the unearned portion of federal financial aid. Federal financial aid includes Pell grants, SEOG grants, Academic Competiveness Grants, SMART grants, Perkins loans, federal student and parent loans.

• Whenever students are required to withdraw from the University because of unsatisfactory conduct or scholarship, no refund will be made except for refunds due for federal financial assistance. No refunds will be made for any scholarship funds controlled and/or granted by the University.