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OTHER CHARGES YOU MAY SEE ON YOUR ACCOUNT STATEMENT

There are miscellaneous charges that could be assessed to your Account Statement other than tuition, residence and meal plan fees. Students sometimes incur fees and fines from other departments at various times during the year. Those departments will first try, through regular correspondance, to collect the fees. But when the fee is not collected, they are put on the student Account Statements. It's important to regularly review the Account Statement for any additional fines and new balances.

 

 

REGULAR ADMINISTRATION FEES

There are standard administration fees that will be assessed during the year to students carrying a balance owing, such as interest, payment plan fees, late fees, etc. Click here for a list of Financial User Fees.

 

BOOKSTORE PURCHASES

As a service of convenience, students may use their McMaster student ID card (with validation sticker) to purchase books or supplies at Titles Bookstore. The bookstore purchase will be applied to the student's Account Statement and be added as a balance owing. As any other charge on the student Account Statement, bookstore purchases are subject to interest, but interest will only begin the month after the actual purchase

 

COURSE CANCELLATION CHARGES

If a student cancels a course after the drop and add period, they will incur cancellaton fees. While financial implications exist, students can cancel courses at any time during the year. So these charges will appear on the student's Account Statement a day or two after the date of cancellation. Click on Cancellation Schedule for dates and charge rates

 

If you see charges you do not agree with, then you should start by contacting the department that charged the fees to discuss.