Payments on your student account are due on the 10th of each month. If you do not pay the "minimum payment due this month" to the University by this date, you will be subject to interest charges of one per cent monthly on the amount owing from your last statement. The annual interest rate is 12.7 per cent. Interest charges are not assessed on fees for courses that begin in a future academic session or on transactions that appear for the first time on your statement. Avoid interest charges by always paying at least the "minimum payment due this month".
Fall/Winter students who have applied for OSAP by York's recommended deadline of June 30, and are awaiting their funds, will not be charged interest on overdue amounts for the months of September, January and/or May.
Students who cannot pay the full amount of their fees by the due date are expected to make regular monthly payments to reduce their outstanding balance as quickly as possible. Students having difficulty meeting their financial obligations should contact Registrarial Services in the Bennett Centre for Student Services as quickly as possible. Glendon students should contact Glendon Student Financial Services.