The Student Accounting Department uses the student's permanent address on record with Enrollment Services for refunding and tax reporting purposes. The official VCU e-mail address is used for billing purposes and for sending important notifications. Paper bills are not mailed to enrolled students.
It is the student's responsibility to maintain a current address with Enrollment Services, to acknowledge university e-mails, and to review his/her electronic bill online.
Failure to do so does not relieve responsibility for timely payment.
Students who attend Virginia Commonwealth University assume the responsibility of:
Failure to acknowledge and review the electronic bill (account statement) does not relieve responsibility for timely payments. Other important notifications are also sent to the official VCU e-mail address.
The university reserves the right to revise or alter all tuition and fees, regulations pertaining to student tuition and fees, and tuition and fee collection procedures whenever such revisions or alterations are deemed necessary.
Until all balances owed to the university have been paid, students with past due accounts will have a hold placed on their account and will:
Past due accounts will be referred to the VCU Collection Unit. Pursuant to sec. 2.2-4805 et seq., of the Code of Virginia, and in accordance with the rules and regulations promulgated by the State Comptroller and Attorney General of the commonwealth of Virginia, VCU will charge interest, costs and fees on all past due accounts.
Under the provisions of this act, an individual's Virginia income tax refund will be subject to the university's claim for any unpaid balance of tuition and fees.
Payment is due by the start of the semester. Students whose payments are received after the payment deadline may be assessed a late fee. The late fee is 10% of the unpaid balance and does not exceed $100. Payment of the late fee is due upon assessment. Students with past due balances may have financial holds placed on their accounts prohibiting the release of official transcripts and diplomas. Holds for past due balances may not be released until the past due balance including all late fees is paid in full.
May be subject to change.
|Billing Date||Payment Due Date||Semester|
|May 5, 2014||May 23, 2014||Summer 2014|
|May 28, 2014||June 20, 2014||Summer 2014|
|July 1, 2014||July 23, 2014||Summer 2014|
|July 30, 2014||August 20, 2014||Fall 2014|
|September 8, 2014||September 24, 2014 (last date to enroll on Fall 2014 Installment Payment Plan)||Fall 2014|
|September 30, 2014||October 21, 2014||Fall 2014|
|October 24, 2014||November 14, 2014||Fall 2014|
|November 19, 2014||December 10, 2014||Fall 2014|
|December 17, 2014||January 9, 2015||Spring 2015|
|January 28, 2015||February 16, 2015 (last date to enroll on Spring 2015 Installment Payment Plan)||Spring 2015|
|February 19, 2015||March 12, 2015||Spring 2015|
|March 17, 2015||April 7, 2015||Spring 2015|
|April 10, 2015||May 1, 2015||Spring 2015|
|May 5, 2015||May 25, 2015||Summer 2015|
Online Instructions For Students To Assign An Authorized User:
Online Payment Instructions For Authorized Users:
To mail a payment, please complete the "remittance advice" on the bottom portion of the eBill (account statement), detach, and remit with payment to the address indicated on the remittance advice.
If you do not have the "remittance advice", please send your payment to:
P.O. Box 843031
1015 Floyd Avenue, 1st Floor
Richmond, VA 23284-3031
Please include the student's name and student V number with the payment.
Certified mail or express mail payments
Certified mail or express mail payments must be sent to the above address; do not send these payments to the address indicated on the remittance advice.
Mailed payments should be in the form of check or money order. To avoid a late fee, payment must be credited to the student's account on or before the payment due date.
Tuition payment drop boxes are located on the Monroe Park Campus at Harris Hall, 1015 Floyd Ave., 1st Floor, Cashier's Office and on the MCV Campus at the VMI Building, 1000 East Marshall St., Room 323.
1. Check or Money Order
Checks should be made payable to "Virginia Commonwealth University" or to "VCU" and include the student's name and student V number (indicated on the ebill/ account statement). Checks should be mailed with the remittance advice which is available on the bottom of the online account statement (invoice) in the Billing and Payment Website. Checks without the remittance advice should be mailed to: VCU Cashier, P.O. Box 843031, 1015 Floyd Avenue (1st Floor), Richmond, VA 23284-3031. Checks from non-personal bank accounts will be processed as third party/miscellaneous scholarship payments.
Web check payments may also be remitted through the Billing and Payment Website. Web check payments require a bank routing number and account number. These payments should only be made from a personal checking or savings account. Corporate checks (such as credit card convenience checks, traveler's checks, or home equity line checks) should not be remitted online. These payments should be remitted to the Cashier's Office. If remitting a web check payment from a savings account, please confirm with your bank that these transactions are permittted.
Using a bill payer to process payments is not recommended because it does not allow for the remittance advice to be included with the payment. This may lead to delays or errors in the application of the payment.
All checks returned to the university for non-payment will be charged back to the student account and a $50 dishonored check fee will be assessed. A student who pays a past-due balance with a dishonored check may be subject to having his or her current and/or future registration cancelled. Repeat dishonored checks may result in the requirement of subsequent payments by certified funds (cash, cashier's check, money order, or credit card). Subsequent payments by web or personal check will require verification that the check has cleared the issuing bank or a waiting period of 21 days in order for financial and/or certified funds holds to be released.
2. VISA, MasterCard, Discover, and American Express
Credit/debit card payments may be remitted through the Billing and Payment Website. Credit/debit card payments cannot be made via the telephone or by fax. A nonrefundable convenience fee of 2.75% (minimum $3) is charged for all credit/debit card payments. In accordance with credit card regulations, the university will refund any credit card balance that results on an account as the outcome of a credit card payment to the credit card company. Any remaining credit balance will be refunded to the student. A charge of $50 will be levied for all dishonored/charged-back credit or debit card payments. In addition, the student may be assessed the convenience fee charged with the original transaction in the event of a dishonored/charged-back credit or debit card payment. A student who pays a past-due balance with a dishonored credit or debit card payment may be subject to having his or her current and/or future registration cancelled.
Cash is taken only at the Cashier's Office located on the first floor of Harris Hall (1015 Floyd Avenue). Hours of operation are 9 a.m. until 3 p.m., Monday through Friday. Please do not mail cash.
4. Scholarship Checks
Scholarship checks should be mailed to:
VCU Student Accounting Department
Attention: Scholarship and Third Party Account Representative
P.O. Box 843036
Richmond, VA 23284-3036
The checks should be made payable to "Virginia Commonwealth University" or to "VCU." Please include the student's name and the student V number on the scholarship check. Check payments from non-personal bank accounts will be processed as third party/miscellaneous scholarship payments.
5. Third Party Payment Authorization
The Student Accounting Department will bill a third party (an organization, business or agency) for any and all charges, if a valid authorization from the third party sponsor is received on or before the beginning of the semester. The authorization must provide the amount, method of payment and approximate date the payment will be sent to the university. The award must be unconditionally guaranteed to the university. The authorization should be sent to the address above or scanned and emailed to SATPBILLING@vcu.edu. Students may deduct award amounts from the total due on the bill, providing the criteria are met. The student is financially responsible for the payment, should the third party default.
6. Electronic Payment
Students may make domestic wire transfers or ACH payments from their bank accounts directly to VCU's bank account. International wires should be processed with peerTransfer at www.peertransfer.com. The student's name and student V number must be included in the electronic transmission to ensure proper credit. Funds which are transferred electronically (bank wires) for students should not exceed the total semester charges on the student account. Overpayments exceeding $5,000 per semester as a result of an electronic transfer of funds payment on the student account will not be refunded to the student and will be returned to the originator of the payment. If the student needs funding for other expenses that are not included on the student account, payments should be made directly to the student. Please be aware that exchange rates and wire fees may change without notice and Virginia Commonwealth University is not liable for any fluctuations in those rates when returning overpaid funds. Students should contact VCU Treasury Reporting at firstname.lastname@example.org after making an electronic payment to ensure proper posting of the payment.
Students are reminded that they are ultimately responsible for any unpaid balance on their account as a result of the Office of Financial Aid or their third party sponsor canceling or reducing their award(s).
Effective July 1, 2008, federal policy allows students to use no more than $200 of the current academic year's federal financial aid proceeds to pay a previous academic year's balance. All previous semester balances should be paid in full prior to the start of the new semester. If a student owes a balance from a previous academic year, Student Accounting is required to refund overpayments of federal financial aid funds from the current academic year to the student. It is strongly recommended that the student use the proceeds from the refund to pay the previous academic year's balance. A hold will be placed preventing the student from registering for classes or receiving transcripts until the balance is paid in full.
1015 Floyd Ave., 1st Floor
P.O. Box 843036
Richmond, VA 23284-3036
Phone: (804) 828-2228
Fax: (804) 828-5463
Hours: Monday - Friday, 8 a.m. - 5 p.m.