Frequently Asked Questions

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Short-Term Loans

No. The loan must be paid in full by the due date.
If your STL is not paid in full by the due date, SFS will place holds on your ability to borrow future short term loans and these holds will not be removed until the account is paid in full. Additionally, the loan will be removed from the UW system and will be transferred to our billing servicer, ECSI. Once this happens, you will begin accruing late fees and the loan will be reported as past due to your credit, which may affect your ability to obtain credit or purchase a car or home in the future. If the loan remains unpaid, it becomes subject to additional action such as referral to a collection agency. If this occurs, you will be assessed additional collection costs up to 40% of the total balance of your loan. This means that an $1800 balance may increase to as much as $2300!

Students may apply for a short-term loan online through MyUW. Applicants will be informed of their eligibility immediately and will be able to electronically sign a promissory note online. They can have the funds applied to their tuition account balance immediately. If they are signed up for direct deposit, the excess funds will be deposited into their bank account within three business days; otherwise a check will be mailed. Be aware that these are short term loans and that payment will be due the following quarter.

Tuition

Holds are placed preventing registration and changes to your schedule. A late charge is assessed. Students must have all past due charges owed to the University paid in full in order to register for any classes. You should immediately contact our Receivables team at 206-616-5421 to discuss your situation and any options that may be available to you. If you are registered for the current quarter, you may also want to contact Financial Aid to see if funds may be available to you. Unpaid charges may be sent to outside collections. A percentage based collection fee, up to 40% of your charges, will be added to the amount our collection agency will manage. For example, if your past due balance is $10,000, the amount owed increases to $14,000.00.

Tuition rates are based on the student’s classification as an undergraduate, graduate, or professional student in addition to their residency classification.

Rates are found at: washington.edu/admin/pb/home/opb-tuition.htm

  1. Pay online with web check. Web check is a free service! Information can be found at: https://finance.uw.edu/sfs/tuition/payments
  2. Pay by credit card. There is a convenience fee each time you make a credit card payment. Go directly to the Tuition/Fees Payment by Credit Card web page at sdb.admin.washington.edu/parents/ccpay.asp
  3. Pay by check: Mail to University of Washington, P.O. Box 3981, Seattle, WA 98124-3981. Make sure the student number is on the check.

Other payment are available at: https://finance.uw.edu/sfs/tuition/payments

Students have through the 7th calendar day (including weekends and holidays) of each quarter to make changes to their schedule without incurring a financial penalty. Students are charged one-half of the tuition reduction (50% forfeiture) for classes dropped from the 8th through the 30th calendar day of the quarter. If they drop below fulltime, they will be charged the tuition rate for the number of credits that they are taking, plus one-half of the difference between full-time tuition and the new rate. For changes made on the 31st day or later, they will be charged 100% of the tuition amount. Additionally, after the 7th calendar day, the Registrar’s Office will assess a $20 late change fee. Summer drop/forfeiture dates are different.

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