Monthly statements of accounts are not mailed to active students. Statements can be viewed in LoboWeb by accessing the UNM Account Suite. Students should biew their account on a monthly basis, even after it has a zero balance.

Statements of accounts will be mailed to inactive students with account balances using the most current address shown in the student's records. Failure to receive a statement of account does not relieve the student of the responsibility for payment.

If payments or arrangements are not made on a timely basis, the account may be placed with a collection agency. This will result in a collection fee that is added to the account.

Should it be necessary for an outside agency to effect a collection, reasonable collection costs of at least 30 percent of the delinquent amount will be added to the amount due and shall be paid by the debtor.

If UNM obtains judgment from a court of competent jurisdiction, the debtor shall be liable for the collection agency fee as well as reasonable court costs and attorney’s fees.

Students have the right to inspect and review educational records to the extent that such right is granted by applicable laws and regulations.

No student shall register at UNM until she/he has paid ALL past due charges.

A service charge is assessed on a student’s past due account balance. An account is considered past due if the billed amount is not paid by the next billing date.

Students who have delinquent accounts are denied privileges and services available to students enrolled in the University and in good financial standing. Students with delinquent accounts are subject to sanctions that withhold:
1) Future registrations;
2) Readmission;
3) Transcripts;
4) Installment payment participation;
5) Future parking and library privileges.