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Understanding Your Statement Payment Plan If you entered into a Payment Plan, certain charges that have been posted on your account will deferred to one or more future billing periods. As a result, your BARC Billing Statement may reflect an adjustment to reflect amounts that are not currently due. Example – Student enters into a General Payment Plan on September 14, 2006. You will receive a BARC Billing Statement on September 18th with a reduction in the Amount Due equal to $847.00. This is because $847.00 is due on or before 11/15/06. For more information regarding Payment Plans, please refer to: Unapplied Credits Certain credits that are posted to your BARC account may be subject to restrictions. These restrictions limit what types of charges can be satisfied by a particular credit. The following is a list of the more common credit restrictions. Credit Term – If a credit has a Term restriction, then it can be used only to satisfy charges that reference a specified Term. If there are no unpaid charges that reference the specified Term, then the BARC Billing Statement will report a positive adjustment to the Amount Due. Credit Type – If a credit has a Type restriction, then the credit can only be used to satisfy specific types of charges. If there are no unpaid charges of the specified type, then the BARC Billing Statement will report a positive adjustment to the Amount Due. Unapplied Credits will remain in your BARC account until charges are posted that reference the proper Term or Type. Note that credits that have been posted to your account by a University Department are subject to reversal at the discretion of the University Department. Please contact the BARC Office should you have further questions regarding Unapplied
Credits that are reflected on your BARC Billing Statement. Barc.info@barc.ucsb.edu or
805-893-3756. |