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Student account statements are issued twelve times a year, at the beginning of each month. Payment is due in full by 4 p.m. Eastern Time on the first business day of the following month. E-mail notifications that the account statement is available on the University eBill-ePay Web site are sent to all students at their official Yale e-mail addresses and to all student-designated authorized payers. It is imperative that all students activate and monitor their Yale e-mail accounts on an ongoing basis.
Bills for tuition, room, and board are posted during the first week of July, due and payable by 4 p.m. Eastern Time on August 1, for the fall term; and during the first week of November, due and payable by 4 p.m. Eastern Time on December 1, for the spring term. The Office of Student Financial Services will assess a late-payment fee of $125 if the balance of the term bill charges not covered by financial aid shown on your bill is not paid in full by the due date. An additional $125 is charged each 30 days thereafter up to a maximum (per term) of $375.
Nonpayment of bills and failure to complete and submit financial aid application packages on a timely basis may result in a student's involuntary withdrawal from the University.
No degrees will be conferred and no transcripts will be furnished until all bills due the University are paid in full. In addition, transcripts will not be furnished to any student or former student who is in default on a student loan.
A student may not register for any term unless all bills due for that and for any prior term are paid in full.
There are several options for making payments, including electronic payment (see below), check, and wire transfer. Yale does not accept credit card payments. Be sure to include the student's name and Yale account number with all payments.
Yale University eBill-ePay, the University's system for electronic billing and payment, is the preferred means for payment of bills. Electronic payments are easy and convenient—no checks to write, no stamps, no envelopes, and no hassle. Payments are immediately posted to your account. There is no charge to use this service. Your bank information is password protected and secure, and you can print a confirmation receipt for each transaction. You can make payments 365 days a year, 24 hours a day (except when the system is undergoing upgrade, maintenance, or repair). You can make your payment up to 4 p.m. Eastern Time on the due date to avoid late fees. You have control over access to your account, and you can authorize up to three people besides yourself to make payments electronically from their computers to your account.
Use of your own bank payment service is not authorized by the University because it has no direct link to your Yale account. Because payments made through such services arrive without proper account identification, they require manual processing. The delayed crediting to your account can result in late fees.
For those who choose to pay by check, a remittance advice with mailing instructions is available on the eBill-ePay Web site. All bills must be paid in U.S. currency. Checks should be payable in U.S. dollars drawn on a U.S. bank. Our bank automatically processes all checks upon arrival. Please do not remit postdated checks, as they cannot be held.
Please direct all questions about fees and payments to Student Financial Services, Yale University, 246 Church Street, P.O. Box 208232, New Haven, CT 06520-8232. You may also contact the office by telephone at 203 432-2700, by fax at 203 432-7557, or at www.yale.edu/sfs/contactus.
The Yale Charge Account privilege enables you to charge designated optional items and services to your student account. To request a Yale Charge Account, log into the Student Information Systems Web site and click on "Billing and Student Accounts," then on "Charge Account Authorization." The University may withdraw the charge account privilege from students who do not pay their monthly bills on a timely basis. For more information, contact Student Financial Services as indicated above.