Office of Student Accounts

Welcome to Assumption University Student Accounts

The following information is provided to help explain the student account billing process.

• Fall 2022 semester payment will be due July 20, 2022.
• Spring 2023 semester payment will be due December 19, 2022.

Assumption University follows a policy of billing the student directly.  Students receive their billing statements electronically through their student portal at http://my.assumption.edu. Once in their student portal, access to the Student Account Center tab is located on the top left side above Quick Links. 

Students can grant others access to their student account using the add Authorize party button within Student Account Center in student portal.  Once your student has added you as an Authorized party an email will be sent to the authorized person from Nelnet with instructions to create an online account.  If you have questions pertaining to student account center or the Authorized party invite, please call 800-609-8056

Financial Aid:  If you have applied for financial aid and received a financial aid award letter, the amount of financial aid should be reported as pending/anticipated financial aid on your electronic bill and within student account center under transaction details.

If you are obtaining a loan to pay your bill, you will need to be approved for the loan; completed the necessary promissory note; and if required by the lender, have loan certification completed by the Financial Aid office.  Once these steps are completed, the loan will be reported as pending/anticipated financial aid on the bill and within student account center under transaction details. Please be aware that some loans have an origination fee withheld by the lender. 

If you have questions concerning the loan process or the financial aid reflected on your bill, please contact the Financial Aid office at 508-767-7158 or email.   

529 Plans: If you are using funds from a 529 account as payment toward your bill, we highly recommend that the owner of the 529 plan have the funds electronically transferred to their own bank account and then make a one-time payment through the student account center.  This will allow you to have documentation that the funds disbursed to the student account, as well as save on the time delay in receiving and processing a paper check.  

Payment Plan: Assumption University offers a monthly payment plan administered by Nelnet. The Monthly Payment Plan allows you to spread your education expenses over smaller monthly installments, which are paid over the course of the semester.  The fall 2022 payment plan starts July 1 with enrollment opening June 29,2022.  The July 1 payment and the enrollment fee are due upon enrollment.

Once you have made your initial payment with your enrollment fee within student account center you will then select your monthly payment due date the 1st or 15th of the month.  With the following payment due August 1 or 15, September 1 or 15 and October 1 or 15.  

After July 22, a 3-month payment plan is available. Enrollment in the payment plan is easily made through the Student Account Center in the student portal or with your Authorized party online account.

Please note that delinquent payment plans will be canceled, and the outstanding balance is immediately due.  Also, the student will no longer be eligible to participate in the monthly payment plan option for future semesters.

Massachusetts State Health Insurance Law requires that all full-time students have minimal medical coverage and has placed an obligation on universities, to enforce this regulation.  All students are billed for this coverage but, may be able to waive the charge if they can prove comparable medical coverage.  This is part of the Fall 2022 semester billing. Students will receive an email alert when their fall 2022 statement is available.  This process must be completed each year.  The student health insurance rate for 2022/2023 is $3,995.00.  

Additional charges. You may see additional charges since some courses carry additional fees. For example, there is a graphic design fee of $115, digital photography fee of $260, education practicum fee of $525, natural science 4 credit course fee of $450 per lab.  

Books and Supplies:  Barnes and Noble operates the Assumption University’s Bookstore. Books and supplies can be purchased here or wherever a student chooses. However, please note that books and supplies cannot be charged to the student account. You will need to pay at the time of purchase.  
 

Assumption University is pleased to offer students and families the option ofa tuition protection refund program offered through GradGuard.  It is an inexpensive form of protection, and we urge you to consider the advantages. It is vital that those who wish to participate do so before the opening of the semester.  For more information and how to enroll visit www.gradguard.com/tuition/assumption. Enrollment is offered through the Student Account Center when you are making your payments electronically.

Massachusetts State Law requires that all full-time students have minimal medical coverage and has mandated institutions of higher learning to enforce this regulation.  All students are billed for this coverage but may be able to waive the charge if they can prove comparable medical coverage.  Students may enroll/waive this coverage electronically through the Student Account Center in the student portal once they receive the email alert that their Fall 2022 statement is available. The link to enroll/waive is within the Student Account Center.  The student health insurance rate for 2022/2023 is $3,995 for coverage from August 15, 2022, to August 14, 2023.  The SP2023 plan only is $2,378 coverage from January 15, 2023, to August 14, 2023.

If after reviewing the Student Health plan, you determine you have comparable health care coverage or you chose to enroll in the plan, please visit University Health Plans. You will need to complete a waiver or enrollment form before the payment deadline. You will need your seven-digit student Assumption student ID number, Assumption email address and health insurance information to complete this process. 
Students who fail to complete either the enrollment or waiver form by the payment deadline will be automatically enrolled in the plan and the charge will remain on their bill.

If you have any questions about the online waiver/enrollment process or about the Student Health plan, please contact (833) 251-1744.

All students who were enrolled and paid for qualifying tuition and related expenses for the calendar year 2022 will be mailed a 1098-T form by 1/31/23.  In order to provide this information, the student would need to have their social security number on their student record kept by the Assumption University Registrars’ office. The 1098-T will be mailed to the student’s home address on record with the Assumption University Registrar’s office. The student can verify their social security number and address information and make any needed changes by contacting the Assumption University Registrars’ office at (508) 767-7407.

Assumption University can only answer questions on how the form was prepared. Questions regarding your eligibility should be directed to your tax preparer.  For more information about any education credits see IRS Publication 970 Tax Benefits for Education, Form 8863, Education Credits the form 1040 or 1040A.  These can be found at www.irs.gov.

How do I get another copy of my 1098T?

Assumption University uses an outside agency ECSI to print, store and mail out 1098T’s.  If for any reason you need another copy of your 1098T Students may go to the ECSI website to access an electronic copy of their 1098-T statement. 
To access their 1098-T statement online, students will need their:

• First and Last Name
• Social Security Number
• Zip Code that appears on their 1098-T form

Frequently Asked Questions
 

• What is IRS Form 1098-T?
  A 1098-T is a statement of payments received for qualified tuition and related expenses posted to your student account and grants or scholarships received during the calendar year.  The 1098-T does not indicate your eligibility for tax benefits; rather, it provides you with information about your account which you or your tax preparer may use to determine your education tax benefit eligibility.  For more information on these credits visit the IRS website.
   
• What tax benefits am I eligible for?
  The 1098-T does not indicate your eligibility for tax benefits.  You may be eligible for certain tax incentives even if you are not issued a 1098-T.  You may receive a 1098-T but not qualify for education tax benefits. The 1098-T provides information that you may use to determine your eligibility for tax incentives.  For assistance in determining your eligibility for education tax benefits, consult IRS Publication 970 and /or your tax preparer.

The Federal Perkins Loan program was a campus-based Title IV federal student aid program enabling eligible students to obtain a low-interest loan.  The government has ended this program and no new loans are available. 

Repayment of a Perkins loan begins 9 months after a student graduates or drops below half-time status. Late payments and delinquencies are reported to the credit bureau. it is important for a student’s credit history to stay current with loan obligations.

Assumption University utilizes UAS, University Accounting Services LLC to administer the billing of this program.  UAS can be reached at 1-800-999-6227. https://www.uasconnect.com/

I received Financial Aid. Why isn’t it on my bill?
Only secure financial aid will be reflected on your billing statement. Please check with the financial aid office for your financial aid status. They may need additional documentation from you.

Why was payment returned by a bank or TMS?
Students that have either a returned check from the bank, or a returned payment from TMS will be charged a $35.00 returned check fee on their student account.

I have a credit on my account, how do I get a refund?
You may request a refund from your Assumption University email to the Student Accounts email Studentaccounts@assumption.edu or contact your student account representative.

Why do you need my social security number?
All students who were enrolled and billed for qualifying tuition and related expenses for the calendar year 2019 will be mailed a 1098T form by January 31, 2020.  In order to provide this information, the student must have their social security number on their student record kept by the Assumption University Registrar.  The 1098T form will be mailed to the student’s home address on record with the Registrar.  Students can verify and make changes to this information by contacting the Registrars’ office

Is a meal plan required of all students?
All students living in a standard dorm are required to have the Ultimate Meal Plan.

What are the late fee and payment deadlines?

• Undergraduate Fall 2022 payment is due July 20, 2022.
• Undergraduate Spring 2023 payment is due December 19, 2022.

Financial aid, loans, payments must be received by the payment due date each semester.  Accounts not paid in full whether by direct payment, financial aid or payment plan by the due date will be assessed a late fee of $100.00.  A late application for financial aid by a student does not excuse late fees charged by the University.

How do I make an international payment?
Assumption University has made it easy for International students to make international funds transfers using Flywire.

If you are an Assumption University International student in a degree-seeking program, log into your Student Account Center in student portal, using the One-Time Payments tab, select Flywire to pay by International Funds Transfer (formerly Peer Transfer).  Once you have completed the transfer you will receive a payment confirmation. Please be aware that International student payments can take up to 3 days to post to your student account so please plan accordingly when processing your payments to avoid any late fees.

If you are attending Assumption University under a non-matriculating special student program, for example, Argentina Program, etc., please use our payment gateway option. 
 

All students must agree to the Financial Responsibility Agreement, which will be displayed in the student portal, web advisor-student planning prior to course registration. The Financial Responsibility Agreement acknowledges the student’s understanding that course registration creates a financial obligation to pay the resulting tuition, fees, penalties and other associated charges to Assumption University by the published due date(s).  Payments not received by the due date(s) are subject to late fees, collections, attorney and litigation costs, which also become a financial obligation of the student. 

Students must accept the Financial Responsibility Agreement twice per year. Students will need to electronically accept this agreement prior to registering for Fall/Summer classes. The Fall Agreement will cover ALL Summer terms and All Fall terms. This also needs to be done prior to registering for Spring/Intersession classes. The Spring Agreement will cover all Spring and Intersession terms.

What is the Financial Responsibility Agreement?
This statement outlines the terms and conditions of the Financial Responsibilities and obligations associated with attending Assumption University.

I am planning to graduate this semester. Do I have to complete this agreement?
You are required to complete the Financial Responsibility Agreement only if you continue to attend Assumption University after graduation – either as an undergraduate, graduate or a professional student.

Why is Assumption University doing this?
Attending Assumption University creates a financial obligation.  We feel it is important that students understand and acknowledge the financial responsibilities associated with attendance.

Do other institutions do this?
Yes. It is a common practice among higher education institutions across the United States, and it is consistent with the national movement to increase financial literacy among university students.

How do I complete the Financial Responsibility Agreement?
Students agree to the terms and conditions of the Financial Responsibility Agreement every Fall and Spring term with an electronic signature through the Web-Advisor/Self Service Student Planning.

Can I sign the Financial Responsibility Agreement in paper form?
No, all students must accept electronically online through Web-Advisor/Self Service Student Planning.

My parents pay my tuition. Can they complete the form?
No, while payment by a third party is acceptable, it is the enrolled student who is ultimately responsible for agreeing to the terms and conditions of the Financial Responsibility Agreement.

What if I have an appointment or a scholarship that covers the cost of tuition?
Because certain eligibility is required and must be maintained in order to have the cost of attending Assumption University covered by other means, students who have their cost of attendance paid by graduate fee authorizations, appointments, sponsorship, scholarships or other third-parties are ultimately financially responsible for these costs.  As such, all students must agree to the Financial Responsibility Agreement every Fall and Spring term for which they are enrolled.

What if I do not submit the statement?
Students who do not complete the Financial Responsibility Agreement prior to registering each term will not be able to register for classes.  Once the statement is accepted registration can begin.

I accepted the Financial Responsibility Agreement, but still can’t register what should I do?
First, check to see if you have any “hold alerts” when you sign into your student portal at My.assumption.edu.  Your “hold alert” will tell you what office to contact. 

If you don’t have any hold alerts, please contact the Student Accounts office at 508-767-7351 during business hours 8:30 a.m. to 4:30 p.m.,  Monday to Friday or email studentaccounts@assumption.edu.
 

Assumption University is pleased to offer you of a tuition protection refund program offered through GradGuard. We are providing the Tuition Protection Plan as an option for students and parents.  It is an inexpensive form of protection, and we urge you to consider the advantages. It is vital that those who wish to participate do so before the opening of the semester.  For more information and how to enroll, visit GradGuard.  Enrollment is also offered through the Student Account Center when you are making your payments electronically.