Glossary

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

A

1098T
an informational statement required by the IRS to assist students and the IRS in determining if the student qualifies for the American Opportunity credit, the Hope credit and the Lifetime Learning credit.  CU is required to indicate whether the student was enrolled at least half time for one semester during the calendar year and whether the student was enrolled exclusively in graduate level courses.
More about 1098T
3rd party sponsor
an entity not related to a student who pays educational expenses on behalf of a student when billed by CU. Sponsor payments are called 3rd party sponsorships, and they are subject to the same federal reporting requirements as other financial aid. Fellowships or sponsored research are not 3rd party sponsors.
More about 3rd party
529 college savings plan
a tax-advantaged savings plan designed to encourage saving for future college costs. 529 plans, legally known as “qualified tuition plans,” are sponsored by states, state agencies, or educational institutions and are authorized by Section 529 of the Internal Revenue Code. There are two types of 529 plans: pre-paid tuition plans and college savings plans.  Colorado’s state sponsored savings plan is CollegeInvest. For more information, see 529 Savings Plan.
ABA routing number
See routing number.
account number
in the Bursar’s Office, this can mean either the student identification number or personal bank account number.
advanced tuition
an advanced tuition account is for students attending the university who wish to prepay educational expenses. To qualify for an advanced tuition account at CU Boulder, the payment must be large enough to cover the cost of tuition and fees (adjusted for scholarships, grants, loans, etc.) for at least three semesters.
More about advanced tuition
authorized payer
a parent or another person authorized by the student to have access to CUBill&Pay to view an pay tuition and fee bills online. Students can authorize up to five people total. Authorized payers can access billing information only (no grades or schedules).  Step-by-step instructions

Return to top

B

balance
the amount due to the university.
bill
a statement of how much money is owed for tuition, mandatory fees, and housing, if living on campus.  CU Boulder tuition bills are online onlyLearn more
bursar
a Latin term meaning “purse.” The bursar is in charge of billing, payments, and refunds for a university.

Return to top

 

C

charges
items on the tuition and fee bill that are due and payable to CU Boulder.
checking account
a United States bank account that enables you to make withdrawals or payments to other people using checks or a debit card.
College Opportunity Fund (COF)
the College Opportunity Fund (COF), created by the Colorado Legislature, provides a stipend to eligible undergraduate students paying in-state tuition. The stipend pays a portion of total in-state tuition for eligible undergraduate students who attend a Colorado public institution or a participating private institution. Eligible undergraduate students must be admitted and enrolled at a participating institution to use the stipend for eligible undergraduate classes. The stipend is paid to the institution on a per-credit-hour basis, and the credit-hour amount is set annually by the General Assembly. Please check College Opportunity Fund for the current amount.
More about COF
confirmation deposit
$200 enrollment fee paid upon admission to CU Boulder which reserves space for the student. Upon graduation or separation, the confirmation deposit (less any outstanding charges) is returned to the student.  Students also have the option to donate their deposit to CU and then it is used for scholarships.
course fees
course-specific fees charged on an individual basis to help offset the higher costs of specialized supplies and equipment unique to these courses. Lab courses not linked to a lecture course may also require payment of course fees. Course fees
credits
transactions on the tuition and fee bill (denoted by a minus sign) resulting from dropped classes, financial aid, withdrawal or other reversal of charges. If the balance is a credit, a refund is typically due to the student and is deposited into their bank account.
CUBill&Pay
CU Boulder’s online billing and payment system which allows students and parents to view, e-mail, print, and pay official tuition statements. More about CUBill&Pay

Return to top

D

direct deposit
the process by which CU Boulder gives students refunds; money is deposited directly into the student’s personal bank account.  Step-by-step instructions
disallowed payment
a payment that is refused; reasons for refusal include insufficient funds, no bank account, closed account, stop payment, etc.
due date
the date payment is due for tuition and fees.

E

eCheck
a payment made online using a checking or savings account.
express payments
payments sent via express delivery (e.g. FedEx, USPS, UPS, etc.)

Return to top

F

FERPA
See Family Educational Rights and Privacy Act.
finance charge
a monthly fee in addition to a late charge for paying tuition and fees after the due date; 1% of the amount due per month is charged each month until the bill is paid in full.
financial hold
a hold on a student’s records due to an unpaid balance which prevents the student from registering for future terms, receiving a refund, transcripts and/or diploma.

G

guaranteed tuition
a tuition rate that is guaranteed not to change for four years for out-of-state undergraduate students. More about guaranteed tuition

H

housing
on campus room and board.

Return to top

I

IdentiKey
CU Boulder student’s login name and password. More about IdentiKeys
in-state
permanent resident in Colorado; the Office of the Registrar is responsible for tuition classification.
internet payment
payment made online by from your checking or savings account, or by credit/debit card (nonrefundable 2.75% service fee applies to credit/debit card payments).

L

late charge
a fee for paying after the due date; assessed once per semester according to the following schedule:

Balance Due Late Charge
$ 99.99 or less
$100 – 299.99
$300 – 499.99
$500 – 699.99
$700 – 899.99
$900 and over
$ 5
$10
$20
$30
$40
$50

Return to top

N

nonresident
see out-of-state

O

online payment
see internet payment
out-of-state
permanent resident outside of Colorado; the Office of the Registrar is responsible for tuition classification.
outstanding bill
amount due that has not been paid.

P

parent PLUS loan
this loan is offered to parents of dependent students; only parents or stepparents are eligible to apply for the Parent PLUS loan. Grandparents and other relatives are not eligible. See Financial Aid.
payment plan
optional plan that allows students and authorize payers to pay the tuition and fee bill in monthly installments over a period of time.  See Payment Plans.
payment plan owner
the person who enrolls in a payment plan; the student and the owner can make changes to the payment plan.

Return to top

R

RA
research assistant; see RA/TA tuition benefit
refund
money owed back to the student usually because of overpayment, financial aid, schedule adjustment and/or withdrawal; refunds are deposited directly into students’ bank accounts.
resident
see in-state
returned payment
payment made to CU Boulder and returned from the signer’s bank due to insufficient funds, no bank account, closed account, stop payment, etc.
room and board
dormitory room and meals; board includes three meals each day when classes are in session.
routing number
a nine-digit bank code used to identify the financial institution from which funds are to be drawn when paying online; it is usually printed on the bottom of checks or you can get it from your bank’s website.

S

Student ID or SID
student identification number for students at CU Boulder.
Student share of tuition
in-state tuition less the College Opportunity Fund.  Students who have applied and authorized the COF stipend pay the student share of tuition which is less that total tuition.  All in-state undergraduate students are eligible for the stipend.  total tuition – COF = student share

Return to top

T

TA
Teaching assistant; see RA/TA tuition benefit.
Title IV Aid
Title IV financial aid is federally funded financial aid.
It includes:
Unsubsidized Federal Direct Loan
Subsidized Federal Direct Loan
Federal Perkins Loan
Federal Parent or Graduate PLUS Loan
Federal Pell Grant
Academic Competitiveness Grant
National Smart Grant
Federal Supplemental Educational Opportunity Grant (SEOG)
Other Federal Aid
tuition benefit
faculty and staff of CU Boulder qualify for 9 credit hours per year tuition-free; they must still pay mandatory fees. More about Faculty/Staff Tuition Benefit
tuition dispute
if a student withdraws under extenuating circumstances, he or she may dispute tuition charges within a certain time period based on those circumstances by providing substantiating documentation to be reviewed by a committee who determines whether or not the student qualifies for a rebate.  More about tuition disputes.

U

UCBCE
University of Colorado Boulder Continuing Education.

W

waiving health insurance
health insurance coverage is required for all CU-students. All students are charged for CU health insurance by default. If students have their own health insurance, they can voluntarily decline CU health insurance on MyCUInfo. This process is called “waiving health insurance.”
wire transfer
method of transferring money from one entity to another. For wiring information, please contact the Student Billing Office at 303-492-5381or bursar@colorado.edu.

Return to top