Important Fee Payment Deadlines
Generally, students are required to pay all charges for a term (fall or winter) by that term’s payment deadline in order to complete their registration and keep their course selections for that term. Students assessed for the Students’ Union health and/or dental plans will be assessed 100 percent of the plan fees with their fall fee installment. Those who don’t make the required fee installment by the due date in any term will lose their course selections for that term.
Payment deadlines (except for co-op work-term fees):
- Summer Session 1 Term – May 4, 2020
- Summer Session 2 Term – June 29, 2020
- Fall Term – September 16, 2020
- Winter Term – January 18, 2021
Payment deadlines for Co-op Work-term Fees:
- Summer Session 1 Term – July 31, 2020
- Fall Term – October 31, 2020
- Winter Term – February 28, 2021
You may view your up-to-date account statement at any time by logging into your myMount account and using the Student Account Activity/Statement option under “All things Financial”.
Co-operative Education Students
Students enrolled in the co-operative education option will be required to pay their tuition in full by the dates payment deadlines for the term in which they are enrolled in classes. Students on co-op work-terms will be required to pay their co-op fee by the end of the month following the month in which the co-op term begins. If a student is also registered in courses while on a co-op work term, the fees for the course registrations are due on the regular term deadlines noted previously.
Students Paying With A Student Loan
For students who are funded through Student Loan, the first instalment will approximate 60 percent of the academic year balance (100% of the fall term balance plus 10% of the winter term balance), with the remaining balance of fees paid by the winter term fee payment deadline.
Fees are due on the dates indicated above. Students who do not pay by the specified deadlines will be charged an immediate late fee of $50 once the payment deadline has passed. Interest will also be charged at the rate of 1% per month or 12% per year, compounded monthly, on the overdue balance until it is paid in full. This does not mean that students can choose to pay late as long as they pay this interest.
Students may also have their computer network access and their course registrations removed at any point after the payment deadline if they have not made their required financial arrangements/payment. If network access is removed for non-payment, there will be a $25 service reinstatement fee to reconnect the access once the payment is no longer in arrears.