Once you have registered, you will receive a bill for tuition, fees, and housing (if living on-campus) from Student Accounts and University Receivables. Most of your financial aid will simply reduce the amount of your bill that you, yourself, will have to pay. Note these exceptions:
To calculate the amount you will owe:
. .Student Accounts and University Receivables (cashier’s) Bill
- Grants and Scholarships Awarded (do not include your own outside/private scholarships)
- Net Loans* (that is, do not include loan fees*)
. .Amount You Will Need to Pay
* To determine the amount of your loan fees, navigate to the Loans section of this site. Typically, for a student loan, these will not be more than 1% of the loan amount.
If the above “Amount You Will Need to Pay” is a negative number (that is, if your financial aid exceeds your total Student Accounts and University Receivables (cashier’s) bill), you will receive a refund of this difference. REFUNDS WILL NOT BE RELEASED UNTIL AFTER SCHOOL BEGINS EACH TERM.
To see your current outstanding Student Accounts balance, please access your my.unc.edu ConnectCarolina Student Center pages. Click “Pay Bills/Manage Student Finances” to view your transactions, including financial aid that has been applied toward your charges.
Direct Deposit allows Student Accounts and University Receivables to electronically deposit your financial aid refund to your personal checking or savings account. It is the fastest method to make your refund available to you. The Student Accounts and University Receivables Office (UNC cashier) strongly encourages students expecting a refund use Direct Deposit. Follow these instructions to sign up for Direct Deposit.
If your financial aid does not cover the entire balance of your bill, you are responsible for paying the difference. Visit this link on the Student Accounts and University Receivables (UNC cashier) website for information and methods available for paying your bill.