does anyone know how we are informed as to how much we need to pay to the university? is there an newsletter that gets sent out by email? because my parent want to know!

MUGSI >> My MUGSI >> Accounts & Cashiers >> Payment Agreement

And if you ever pay your Titles stuff (books, stationary, etc...) with your McMaster ID Card (You have to be 18, I think, to activate it) then you would have to check your account balance on MUGSI --> Accounts and Cashiers --> Student Account (or my account, or something).

Edit: It's basically using it like a credit card (14.4% per year compounded monthly) so negative numbers are credits and positive numbers are balance owing.