If your fees are not fully paid by the payment deadlines, your account may be placed on financial hold. Read more about overdue student fees on the Academic Calendar and Policy FM1.
If you're a UBC Okanagan student, read UBC Okanagan information on late payment of fees.
A student may be placed on financial hold as a result of outstanding fees, including tuition and student fees, parking and library fines, and Student Housing and Community Services fees. The financial hold will be removed when the outstanding balance, including penalties, is paid in full.
If you are put on financial hold, you will be blocked from the following registration activities:
If you're facing an unexpected financial emergency, or have had a significant change to your financial situation, contact an Enrolment Services Advisor to discuss your options and learn how UBC can help.
If you are placed on hold, you will not be dropped from class automatically and your professors will not be notified. However, the following will happen:
The financial hold will be removed when the outstanding balance is paid in full. You can make partial payments until the entire balance has been paid. Try to pay as soon as possible to avoid being charged further interest.
Please remember that the financial hold will only be removed once the outstanding payment has been paid in full. Payment processing times vary depending on your payment method.
Interest will be charged at a rate of prime plus 6% per annum. Interest is calculated near the end of each month and charged on all outstanding amounts that are past due.
Anything else in this section notwithstanding and any amounts charged as penalties for the late payment of fees and accounts (including the Interest Penalty and the processing fee) will not exceed 60% per annum.
If you have questions, please contact your Enrolment Services Advisor directly.
For general questions, please call 604 822 9836 or submit a question through the online form.
