Missouri Baptist University

Billing Charges
A debit charge will increase the overall balance on your account. Credit transactions reduce your balance. Your statement balance for each term is calculated by adding all debit transactions, adding all credit transactions and taking the net amount. If you have a higher amount of debit transactions than the total amount of credit transactions you will have a balance due. If the total of all your credit transactions amounts to more than the total of all your debit transactions, you will have a credit balance on your account.

Statements
Statements detailing billing charges are mailed monthly to students with debit balances.  Please make sure address information is current by submitting a change of address form when applicable.

The overall statement total listed on your statement is calculated by adding previous term balance to the current term balance.

Charges on your bill are generated by your registration. Please be mindful that main campus and extension site fees vary depending on location.

The current fee schedule for a given semester will be printed in the University course schedule guide. If you have questions about class specific fees or any charges, please contact a financial counselor in the Financial Services Office. Some questions may be already answered on our FAQ listing for your convenience. http://www.mobap.edu/financialservices/faq.asp

Billing statements for each month may show an adjusted balance amount from the previous month. Changes in registration, additional fees incurred, such as parking tickets, and corrections to billing accounts, may occur anytime throughout the registered term. Current statements are available from the Financial Services Office.

If you register for courses and subsequently adjust your schedule, an adjustment of charges may result. Fees that are charged hourly, such as technology fees and lab fees, are adjusted as changes in the amount of scheduled hours occur. Repeated schedule adjustments may result in a lengthy billing statement as these hourly fees and tuition charges will be credited and debited with each add or drop that results in a change in course credit hours or campus location.

Posting of Payments

Each payment received will be applied to your balance in order of term, satisfying previous term balances until an account is current.

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© 2008 Missouri Baptist University | One College Park Dr. | Saint Louis, MO | 63141-8698
(314) 434-1115 | (877) 434-1115 | fax: (314) 434-7596
www.mobap.edu/financialservices/understand_billstatement.asp