Concordia welcomes YOU

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Concordia welcomes YOU!

• The following is a presentation meant to provide
  you with information regarding Student Accounts
  and Financial Aid.
• Please call or email the B.E.A.R. Center at
  [phone] (bearcenter_at_csp.edu) with any
  questions.
• We are here to help you!

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Concordia UniversityB.E.A.R. Center

• Business, Enrollment,
• Advising, and Registration
• 651-603-6300
• Fax [phone]
• bearcenter_at_csp.edu

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B.E.A.R. Center Hours

• Tuesday, Wednesday, Thursday
• Walk-ins 830am 600pm
• Phones 1000am 600pm
• (US - Central Standard Time)
• Monday, Friday
• Walk-ins 830am 430pm
• Phones 1000am 430pm
• (US - Central Standard Time)

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BEAR Path

• https//bearpath.csp.edu/
• Check your BEAR Path
• frequently to stay
• updated with your
• grades, financial aid and student account.

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Accessing BEAR Path
https//bearpath.csp.edu/

• User ID
• 8 digit L number
• ex L00012345
• Initial PIN
• 6 digit birthday
• ex 010283 (January 2, 1983)

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Whats available on BEAR Path?

• Schedule
• Bill
• Financial Aid Awards
• Transcript/Grades
• Personal Information
• 1098T for Tax Information

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How To Pay Tuition!

• Concordia University cohort delivered programs
  have three options available.
• Option 1 Payment in Full
• Option 2 Tuition Reimbursement
• Option 3 Sallie Mae

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How will I pay my bill?

• Option 1
• Financial Aid
• Cash or Check
• Payable to Concordia University
• Credit Card
• Visa, MasterCard, Discover, American Express
• On-line payment (see BEAR Center)
• Option 2
• Employer Reimbursement
• Option 3
• Payment Plan Sallie Mae (on BEAR Center)

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Using Financial Aid for Payment

• Financial aid must be awarded, and all paperwork
  must be complete, in order to defer payment by
  using Financial Aid funds.
• Any charges, over and above the financial aid
  amount, are due on the date(s) determined by your
  selected payment option.

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Payment Option 1

• Payment in full by the due date(s) listed below.
  A late fee of 25.00 is added to outstanding
  balances every 4 weeks after a term begins.
• Term 1 is due on the 3rd week of class.
• Subsequent terms are due on or before the 1st
  class night of each term.

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Payment Option 2

• There is a 45 calendar day grace period for
  payment of individual courses.
• This option is designed for individuals who will
  be receiving Tuition Assistance from their
  employer or organization.
• This grace period allows sufficient time to
  submit/receive reimbursement and make payment to
  Concordia.

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Payment Option 2, Cont

• If your employer requires Proof of Payment in
  order to receive reimbursement, you are not
  eligible to participate in this option.
• You must complete Concordias Tuition
  Reimbursement Agreement.
• In addition, you must submit a copy of your
  employers tuition reimbursement policy in order
  to qualify for this option.

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Payment Option 2, Cont.

• Failure to submit all required paperwork will
  result in your chosen payment option reverting to
  Option 1.
• All submitted policies will be reviewed.
  Students whose policy disqualifies them will be
  notified in writing and must chose another option
  or be defaulted to Option 1.
• Please feel free to contact the Student Account
  Representative at [phone] with any
  questions.

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Payment Option 3

• Enroll in a budgeted payment plan with the
  tuition payment company
• Sallie Mae http//concordia.csp.edu/BEARCenter/
• click on Sign up for a payment plans in the
  left hand column and then click on
  Cohort/Graduate Students.

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Credit Card Payments

• On-line payments can be made by going to
  http//concordia.csp.edu/BEARCenter/ and clicking
  on Make an on-line payment (secure link).
• You may call the Concordia University Cashier at
  [phone] if you wish to have any tuition
  and/or fees charged with your credit card.
• You may mail your credit card information along
  with the stub from your bill to
  Concordia University
  ATTN CASHIER, 275
  Syndicate Street No. Saint Paul, MN 55104

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If You are placed on Financial Hold

• You will not be allowed to attend upcoming
  classes/terms while on financial hold.
• Your WebCT access will be disabled for upcoming
  classes/terms.
• You will not be retroactively registered for a
  module missed while on financial hold. You will
  need to contact your academic advisor to make up
  the missed module(s).

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Tuition and Fees

• Each cohort is assigned a per credit rate. This
  rate is guaranteed for the duration of your
  original Cohort.
• If you switch cohorts, you will be subject to the
  current rate per credit.
• A 25 late fee will be added to all unpaid
  balances (every 4 weeks).

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Re Bills

• Please note
• Concordia University does not send monthly
  bills!
• It is the students responsibility to check
  their account on BEAR Path and make payment by
  the assigned due dates.

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Financial Aid

• [phone]
• Fax [phone]
• finaid_at_csp.edu

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How do I check my Financial Aid using BEAR Path?

• Log in
• Select Student Services Financial Aid
• Select Financial Aid

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Apply for Aid Annually!

• Concordia Financial Aid Application
• Paper copy available in the BEAR Center or go to
  http//www.csp.edu/FinancialAid/
• Free Application for Federal Student Aid (FAFSA)
• Available online at www.fafsa.ed.gov
• You will be notified if additional information is
  required.

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Financial Aid Process

• Student is offered admission by the Admission
  Office
• Financial Aid processes forms receives FAFSA
  results
• Students are notified with an award letter
• Student loans require additional steps
  (promissory notes and loan counseling) to
  finalize loan consideration

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Financial Aid Process, Cont.

• Loans are dispersed equally to your student
  account each term.
• Grants are credited at the beginning of each term
  and may vary as your credits vary.
• Loan funds are sent directly to Concordia 2-3
  weeks after each term begins.
• Read everything carefully. If you miss a
  deadline you may disqualify yourself from certain
  types of aid.

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What is the maximum I can borrow in Stafford
Loans?

• Dependent Students
• Freshman (
• 2625
• Sophomore(32-63 credits earned)
• 3500
• Junior Seniors
• (64 credits earned)
• 5500

• Independent Students
• (These amounts are in addition to the amounts in
  the left column)
• Freshman 4000
• Sophomore 4000
• Junior Seniors 5000

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What is the maximum I can borrow in Stafford
Loans?

• Graduate Students
• Maximum 18,500/academic year
• We award 4,000/term
• You can decrease/increase your awarded amount by
  writing/e-mailing Financial Aid
  Office/finaid_at_csp.edu

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Things to remember about your Financial Aid

• Loans are split evenly among terms, even if
  charges are not.
• Grants are paid by the number of credits in each
  term.
• There may be three terms per year
• Fall (August December)
• Spring (January May)
• Summer (May August)

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Things to remember about your Financial Aid

• Classes are grouped by terms. You will be at
  least a half-time student each term.
• Financial Aid is awarded based on Academic year
  (August to July).
• Fall
• Spring
• Summer
• For upcoming years, apply ASAP after your taxes
  are completed.

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Things to remember about your Financial Aid

• If you have more aid than needed for tuition
  costs during a term, it can be kept on your
  account, or you may request a refund at any time
  from the BEAR Center by phone or email.
• Watch term costs compared to aid awarded some
  types of aid (loans) come in equal amounts, but
  term costs will vary and may exceed awarded aid.

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Things to remember about your Financial Aid

• Adding or dropping credits will affect your
  eligibility for financial aid, you will need to
  notify us. You must have at least 6 credits in a
  term to receive aid for that term.

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Gods Blessings

• Remember we are here to help you achieve your
  educational goals!