See the explanations below for guidance in reading your billing statement.
Previous Balance: This amount represents the balance you owe from a previous statement.
Payment and Refunds: This amount represents payments, including financial
aid payments less refunds, posted to your account during the current statement
period.
Charges and Debits: This amount represents charges less credits posted
to your account during the current statement period.
Current Balance:This is the current balance on your account and equals the Previous Balance minus Payments/Refunds plus Charges/Credits.
Total Est. Financial Aid:This amount represents your total estimated financial aid award for the upcoming semester, according to the Office
of Financial Aid as of the billing statement date.
Est. Monthly Payment Plan:This amount represents payment not received from TMS on billing date.
Financial Aid Applied: This amount represents the Total Estimated Financial Aid that will be applied against the Current Balance. Please note that
financial aid proceeds may only be applied against certain student account
charges.
Pay This Amount: This amount equals the Current Balance minus Financial
Aid Applied. Your schedule will not be cancelled for non-payment, if you pay at least
this amount.