Billing FAQs

Payment is due on the following dates:

  • Fall semester bill - August 20
  • Spring semester bill - January 20

Loans are paid to your account like any other financial aid. However, if you are a first time recipient of a loan, there are additional requirements such as, completing a promissory note and completing entrance counseling. After actual funds are paid to your account, they will cover your charges first. Any remaining funds will be refunded to your bank account during the week before classes.

If you have a scholarship from a source outside the university, you need to notify our office. Go to Testudo, click on "Financial Aid Offers" and tell us where the scholarship is coming from and how much you’ve been offered. The funds will be added to your account when we receive the information from you and the check provided from the donor.

The most common reasons for these loans not appearing on your bill are:

  1. A signed promissory note.
  2. Entrance counseling for grad students.
  3. Credit check approval. 

If you have completed these requirements and the loan has not paid to your account, contact the financial aid office

Refunds are sent out by the Student Financial Services and Cashiering office and will be sent 10 days before classes begin if you have signed up for direct deposit. If not signed up for direct deposit, checks will be mailed to the local address on file on the first day of classes. Refunds will not be mailed to on-campus dorms.  


To sign up for direct deposit, select Student Refunds from the Student Financial Services and Cashiering homepage.

Your UMD account balance shows what is either owed to you or what you owe UMD after all charges and payments have been applied. 

You may access your account balance at any time by checking your Student Account.

Yes, the Terp Payment Plan (TPP) is a service that allows you to make monthly payments over the course of the semester or over the course of the academic year. The service is provided through Tuition Management Systems (TMS). There is an annual plan and a semester plan available.