What is the difference between a Late Payment Fee and a Deferred Payment Fee?

When a student chooses to break tuition up into more than one installment, (or defer the tuition), by paying the minimum amount due, as opposed to the total balance due, a Deferred Payment Fee of $20.00 ($15.00 for summer) is applied. This charge is applied only once per semester, when the last installment of tuition is due.

The Late Payment Fee is applied only when the minimum payment due is not paid by the U-Bill due date. Late payment fees may be assessed more than once per semester.