Back Balance Financial Clearance

This process generally applies to returning students (rising 2Ls and 3Ls). However, entering students coming from another Harvard School, please note that you may not carry balances into HLS for expenses incurred at your former school.

For a balance to be considered a "back balance", either of the following must be true: 1) you have an outstanding balance from the previous academic year and/or 2) you have charges incurred during the summer months. For example, any outstanding balance from the 2013-2014 academic year left unpaid by June of 2014, combined with any charges incurred during the summer of 2014, would be considered your back balance. This includes Harvard Real Estate summer rent charges, but not 2014-2015 academic year charges.

Things to know about your back balance and HLS policy:

  1. Students may not carry prior year and/or summer balances into the new academic year.
  2. Students may not use the next academic year's financial aid credits to resolve their back balance.
  3. Back balances may only be cleared by making a payment. 
  4. Back balances must be cleared before any 2014-2015 financial aid (loans and grants) can be anticipated towards a student's termbill.
  5. If a student does not clear each summer e-bill's balance by the due date listed on the bill, he or she will be blocked from all Registration processes, including the Add/Drop process.
  6. If a student's back balance is not resolved by the first day of classes, he or she may be assessed a $250 late payment fee.

The 3 e-bills created prior to the start of the 2014-2015 academic year are June, July, and August. The June bill will include any remaining charges from the 2013-2014 academic year and July rent if you are an HRES student. The July and August e-bills are the first two e-bills of the new academic year and typically include the Fall 2014 charges (tuition, health insurance, etc.). However, students living in Harvard Real Estate may also see additional summer rent charges on these e-bills, which must be paid as part of their back balance.  

Last modified: June 19, 2014

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