All charges (tuition, on-campus housing, meal plan, and fees) are payable by the due date on your Registration Statement. Please note that your semester billing statements can be viewed on the University's myUM system at http://myUM.miami.edu. New charges not previously noted on your initial statements and assessed after the processing of your bill are due and payable when assessed. These charges will also be accessible on myUM as noted above. The University of Miami accepts online checking account and credit card payments, and the followed is accepted at the Cashier's window: cash, checks, and money orders. The wire transfer of funds is also accepted by the University of Miami as noted on the specific instructions below. Please note that credit card payments cannot be taken at the Cashier's window.
Web Checking Account (ACH) Payments: Free on-line checking account payments are now accepted through the myUM system. Students must sign on to the myUM system (myUM.miami.edu) and select the 'My Student Menu' tab. The option of 'Billing and On-Line Payment' and subsequent on-line instructions will then be provided. Once payment is processed, a confirmation email will be sent to the student's email address noted in the University's database. The student's account will then be systematically updated with the payment. Please note that this option is only available on the myUM system at no charge to the student.
Web Credit Card Payments: Please note that the University of Miami will now accept on-line credit card tuition payments. Students must sign on to the myUM system (myUM.miami.edu) and select the 'My Student Menu' tab. The option of 'Billing and On-Line Payment' and subsequent on-line instructions will then be provided. Once payment is processed, a confirmation email will be sent to the student's email address noted in the University's database. The student's account will then be systematically updated with the payment. Please note that a non-refundable 2.5% convenience fee will be added to the amount charged by our credit card servicer.
Payment by Check or Money Order: Checks and money orders must be in U.S. dollars, drawn on a U.S. bank and must be made payable to the "University of Miami." They must include the student's identification number to ensure credit to the student's account. Post-dated checks (checks with future dates) cannot be accepted.
Mail payments to:
University of Miami
PO. Box 025551
Miami, Florida 33102-5551
NOTE: Foreign drafts must be sent through a collection process. A 30-day deferment may be obtained while these drafts are being processed for collection. Collection fees charged by the bank for processing these checks will be charged to the student's account.
Wire Transfer of Funds: Wire transfer of funds for payment on a student's account at the University of Miami may be processed through any full service bank in your area. Please direct the transfer to
Bank of America
1500 South Dixie Highway
Coral Gables, FL 33146
ABA Number 026009593
for credit to the University of Miami #5508319094
For Further Credit to: Student Name and I.D. number*
SWIFT Address: BOFAUS3N
* The student's name, identification number, and social security number are required in order to credit funds properly to the student's account.
Personal checks may be cashed on campus at the Cashier windows on the first floor of the Ashe Building. Check cashing privileges are limited to University personnel and currently enrolled students. Checks presented for cashing must be in the name of the employee or the student. In the case of parent or guardian checks, the check presented for cashing must bear the guardian's name and address and the parent/guardian must be listed in the University database for referral. Parent/guardian checks will not be cashed if the parent or guardian is not listed in the University database. Payroll checks, (excluding work-study checks) and third-party checks will not be cashed. Two (2) forms of picture identification (a UM 'CANE Card and a valid driver's license) are required in order to cash any check. A service charge of .30 is assessed for checks up to $75.00 and a service charge of .75 is assessed for checks over $75.00.
|Check Cashing Limits|
|Student/Employee Personal Checks||$125 per week|
|Parent/Guardian Personal Checks||$250 per week|
|Work-Study Paychecks||$250 per week|
|Work-Study Paychecks||$250 per week|
It is the University's policy to deposit all returned checks twice, automatically and without notice. The returned check fine will be assessed to the student's account, as listed below, after the second attempt. A notification letter will be mailed to the maker of the check detailing the amount and fine for the returned check.
Check cashing privileges will be restricted until cash or certified funds (money order or cashier's check) are presented for payment. A personal check will not be accepted for payment to replace a returned check. Check cashing privileges will be cancelled for those persons who have three (3) or more returned checks.
Returned Check Fines
Checks under $800 - $20 Fee
Checks over $800 - $2.5% of check amount