The Office of the Bursar is the office that handles student accounts and billing for the university. It is important to understand the university billing system and anticipate future charges.
Understanding Your Bill
The Office of the Bursar sends monthly electronic billing statements via CASHNet to the student’s Cornell email address. You can sign up additional email addresses to receive this monthly notification, and you are responsible for setting up parents and others as authorized payers on your CASHNet account.
Your bursar statement includes charges on your Bursar and Cornellcard accounts, which are two separate accounts. The bursar account has university charges and the CornellCard is a service that allows you to make purchases by presenting your Cornell student ID card. This service can help you manage your day-to-day expenses without having to carry large amounts of cash.
Here are a few tips for managing your student accounts:
- Read your CASHNet statement every month.
- Talk with staff in the Office of the Bursar if there is something that you don’t understand about your billing statement.
- Fully pay your balance to avoid finance charges (1.25% per month can really add up!)
- Remember that your fall charges must be paid by August 7 and spring charges must be paid by January 7 so that you don’t have a bursar hold preventing your registration.
To learn more about reading your CASHNet statement, check out our video!
Paying Your Bill
You can pay your bursar bill online, by mail, or in person. Payment is due on the 7th of each month. The bursar will assess a late penalty of 1.25% on any unpaid balance.
To get a sense of what 1.25% looks like, let’s look at an example.
If endowed tuition, the undergraduate student activity fee, and the student health fee were charged to your account (we’re assuming you’re living and eating off campus), you would be charged $25,026.00. If you fail to pay this amount on time, you will owe $25,338.83. You will pay $312.00 more than if you paid your bill on time.
You may receive a refund from the bursar if the total of your credits exceeds the total of your charges. You may be an undergraduate with a significant amount of aid living off campus, a graduate student with a stipend, or a student who accidentally overpaid their bill.
Sign up for direct deposit or your refund will be issued automatically via a paper check to be picked up at the Cashier’s window in 260 Day Hall. A checking or savings account in your (the student’s) name can be used for the direct deposit service.