Please explain the differences between 'statement balance', 'current balance', and 'minimum payment' on the payment page.

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Lucina Hall, Room B31
Ball State University
Muncie, IN 47306-0725
Phone: (765) 285-1643
Fax: (765) 285-2468
bursar@bsu.edu

Bursar: Cardinal Quick Pay

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Please explain the differences between 'statement balance', 'current balance', and 'minimum payment' on the payment page.

"Statement balance" is the balance due on your Bursar Statement.

"Current balance" represents all charges on your account including "future due" items.

"Minimum due" is the payment due under the installment plan. By paying the minimum due or any amount less than the statement balance, you will be assessed a $10 installment payment plan fee.