Office of Student Accounts
The Student Accounts Office is ready to assist you with the financial obligations you will incur during your enrollment at Assumption University.
The Cashier and Student Account Offices can be found on the first floor of the Desautel Building, located across the quad area from Taylor Dining Hall.
Cashier Hours: 8:30 to 11:45 a.m. Monday-Friday
Student Account Hours: 8:30 a.m. to 4:30 p.m. Monday-Friday
The Office of Student Accounts is responsible for:
- Maintaining the online Student Account Center (SAC). The SAC is a secure online portal that presents comprehensive student account information including a summary, activity & billing statements with options to pay your bill including enrolling in a payment plan.
- Processing student refunds
- Issuing 1098T Federal tax forms
- Completing the state-mandated health insurance form
Student Account Center
We are excited to announce the new NELNET Student Account Center platform is now LIVE!
Please go to the Student Account Center link within student portal to set up your account.
You will need to re-add any authorized users from the old platform by clicking the Add Authorized Party link within Student Account Center. Authorized party access will not automatically carry over from the old TMS system.
You may also sign up for EFT Refunds by clicking Manage Refunds. You will need your bank routing number and account number to do so.
Thank you Assumption Student Accounts
The SAC presents comprehensive student account information including account summary, activity and billing statements with options to pay your bill and enroll in a payment plan for the fall and spring semesters. Bills for each semester are available prior to the beginning of each semester. Students receive their billing statements electronically through their student portal. Initial access to the Student Account Center is only given to the student due to Federal student privacy regulations. Only a student can authorize payers - such as a parent or family member - to access their account.
How to access the Student Account Center:
- Log in to the Assumption University portal at https://my.assumption.edu (user name @assumption.edu & password). New students receive their login information from the admitted student portal.
- Once logged in, click on the Student Account Center tab. It is the top tab on the left-hand side above quick links.
- Since additional family members are frequently an important partner in this process, once logged into the SAC, you can extend invitations to additional participants to help manage the account. Click the Add Authorized Party button, to share account access to anyone you would like to help manage your Assumption University student account as an authorized party.
- Once you added an authorized party, the authorized user will receive an email from Nelnet with instructions on how to create their online account.
- To view account activity, click on Transaction Detail there you can view your charges, financial aid or view the Make a Payment tab.
- To view an e-bill, which is a snapshot of your account at a point in time, click on VIEW Current STATEMENT once statements are available.
- One-time payments can be made electronically through the Student Account Center. These payments post in real-time, 24/7 Under Make a Payment tab.
- Options to enroll in a payment plan through the Student Account Center are available through the Set up a PAYMENT PLAN TAB.
Payment plans are not available for intercession or summer semesters.
Payment Due Dates:
- Undergraduate Intersession 2023 payment is due December 19, 2022
- Undergraduate Spring 2023 payment is due December 19, 2022
- Graduate Spring 2023 payment is due January 3, 2023
Assumption University utilizes Nelnet for monthly installment payment plans. Information on the payment plans available can be found in the Student Account Center.
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 $150.00. A late application for financial aid by a student does not excuse late fees charged by the University.
Students will not be considered officially registered until their bill is paid. Payments are applied to a student’s bill in the order of past due balance, fines, fees including room and board, miscellaneous charges and finally tuition.
Student Accounts Staff
Billing and Payment
Welcome to Assumption University Student Accounts
The following information is provided to help explain the student account billing process.
First Year Cost for 2022/2023 Yearly Total Semester Billing Tuition $46,680 $23,340 Student Activities Fee $310 $155 Health Services Fee $156 $78 Technology Fee $362 $181 Standard Room - Alumni, Desautels, Hanrahan, Nault, Salisbury, Worcester, and Young Halls. $9,216 $4,608 Meal Plan - (required plan for all first-year student living on campus $5,346 $2,673 Room Damage Deposit - Fall semester only $350 $350 (Fall) Orientation Fee - Fall semester only (Required for all first-year students) $450 $450 (Fall) TOTAL $62,870 $31,835
- 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 firstname.lastname@example.org.
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.