Payment, award, and waiver items that have been applied to a student account via a transaction on the student account, but have not paid specific charges. Unapplied payments typically require some steps to resolve them. They may be resolved by refunds, adjustments to awards (financial aid), adjustments to waivers, or the addition of eligible charge transactions to the student account. Unapplied payments may be caused by precedence rules or receipt of funds in excess of charges.

No synonyms found for this term.