UNL Money FAQs: First Week of School

Here's a great money secret - UNL's billing and financial aid system is easy to figure out. Just make sure you pay your student bill by the 12th of every month, use the electronic check option on MyRed (using a credit card costs you a convenience fee), and never borrow more in student loans than you really need. Interest adds up fast!

UNL Student Bill FAQs

How will I be billed?

You will receive an e-mail notification for online viewing via MyRed.  

How often is my bill updated?

The bill displayed on MyRed is not updated daily. It is a monthly statement. Once created, it does not change. A more current version of your student account is available on MyRed at "Detail of New Activity". It is updated as new transactions post to the account.  

When will I be billed?

Consolidated statements will be generated before the end of each month. Statements will always be available by the 25th of the month.  

When is my bill due?

Payment deadlines are always the 12th of the month regardless of whether the 12th is a business day, weekend day or holiday.  

What charges will be on my bill each month? 

Bill Sent – August 25^th
Payment Date – September 12^th

• First semester tuition and fees
• Initial Housing Charge (All of Fall or 1st Installment)
• Refund of Excess Aid

Bill Sent – September 25^th
Payment Date – October 12^th

• Possible Tuition and Fee Adjustments for Drops/Adds
• Housing (2nd Installment)
• University Bookstore Charges (Textbooks and Supplies)
• Parking Permit
• New Charges from Health Center, Telecommunications, etc, and Other NCard Campus Account Charges

Bill Sent – October 25^th
Payment Date – November 12^th

• Housing (3rd Installment)
• New Charges from Parking, Health Center, Telecommunications, etc, and Other NCard Campus Account Charges

How should I pay my bill?

The electronic check payment option is FREE, easy and convenient. Go to MyRED - "Student Account" - "Pay Bill" on the right side of the page. To avoid a non-refundable $30 return payment fee, verify your checking or savings routing and bank account numbers and that you have sufficient funds before making a payment.  

Where do I find my routing number and account number?

UNL Scholarships & Financial Aid FAQs

What do I do with my scholarship checks?

If you have received a scholarship check from an outside club, organization, or foundation, complete and submit the Scholarship Check Page to the Office of Scholarships and Financial Aid (17 Canfield Building) with your endorsed check.  

How are funds disbursed?

All funds are issued in two disbursements, once in the fall semester and once in the spring semester. Financial aid is applied to tuition and fee charges first and then toward housing and other institutional charges. If the aid is greater than the charges owed, you will receive a refund from the Office of Student Accounts within ten business days from the date the disbursement is credited. 

Where does my student loan refund go?

It goes to the account you set up in MyRed.

NOTE: You enroll for direct deposit via your MyRed account. Log in to MyRed and select the "Enroll in Direct Deposit" link found in either the Student Account or Financial Aid tab. Using a check as a guide, you will need to fill in your account's routing number, account number, and indicate whether it is a checking or savings account.  

What if I need more money?

You can look at banks and credit unions. If you would like assistance comparing loans, visit the SMMC in room 237 in the City Union.

Here is a listing of some places to start search:

 http://www.unl.edu/scholfa/Alternative_loan.shtml