STUDENT LOANS - PowerPoint PPT Presentation

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STUDENT LOANS

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Title: STUDENT LOANS Author: NEBULA Last modified by: dianec Created Date: 12/28/2001 10:11:22 PM Document presentation format: On-screen Show (4:3) – PowerPoint PPT presentation

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Learn more at: https://finance.uw.edu
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Title: STUDENT LOANS


1
2011 Parent Orientation
The Online Tuition Charge Statement Paying
Tuition Fees Things to be Aware of Questions
Presented by Student Fiscal Services
www.f2.washington.edu/fm/sfs/
2
Tuition Rates
Resident Non-Resident
http//www.washington.edu/admin/pb/home/opb-tuitio
n.htm
3
The Tuition Bill and How to Pay
4
The Official Tuition Bill is Online
Your student needs to give you access
5
Student gives access to Online/Phone/In Person
Tuition Account Information and/or Phone/In
Person Financial Aid Information
After setup - You will receive an email
notification with a link and your own password
6
(No Transcript)
7
No Fee
8
Credit Card Payments
https//sdb.admin.washington.edu/parents/ccpay.asp
9
Includes mailing addresses for checks
Other Options
10
Disbursement of Loans, Grants, Scholarships
Generally, tuition and fees are paid first from
any scholarships, grants, or loans received
Stafford Loan Student Signs Master Promissory
Note Online www.StudentLoans.gov Perkins
Loan Student Signs Master Promissory Note Online
MyUW
Federal Direct Parent Loan for Undergraduate
Students (PLUS) Parent Signs the Master
Promissory Note and Completes Request Process
Online www.StudentLoans.gov
11
http//f2.washington.edu/fm/sfs/schol
12
Things To Be Aware Of
13
Tuition is due by the 3rd Friday of the Quarter
Students will have holds on registration and
transcripts until the past due balance is paid.
LATE FEES 50 to 249.99 ? 50 250 and over ?
120
Amount will show in the detail of charges
14
Tuition Forfeitures/Schedule Changes
Changes must be made by the 7th calendar day of
the Quarter in order to avoid financial penalties
  • Students dropping a class or classes from the 8th
    to the 30th calendar day will be charged
  • 20 Add/drop fee which covers a 24 hour period
  • The new tuition rate plus half the difference
    between the old and new rate. Example
  • Starts the quarter with 12 credits full time
    tuition
  • Drops to 8 credits thereby owing the new part
    time rate PLUS half the difference between the
    new and old rate

Amounts will show in the detail of charges
  • Students dropping a class or classes after the
    30th calendar day will be charged
  • 20 Add/drop fee which covers a 24 hour period
  • The full tuition rate. Example
  • Starts the quarter with 12 credits full time
    tuition
  • Drops to 8 credits but still owes the full time
    rate

15
Insurance
Student makes selection parents do not have
access
http//depts.washington.edu/ovpsl/insurance/index.
shtml
16
Maximum available is 2500 Apply to tuition
or receive cash
17
Students can receive aid 2 ways
  • Direct Deposit into the students bank account
  • Accessed from the tuition statement or Student
    Finances Tab on MyUW


Through the US mail to the students address
18
Taxes
  • U.S. Resident Taxes
  • American Opportunity
  • Form 1098T
  • Free sessions for students to help them
    understand the form
  • Non U.S. Resident Taxes
  • Form 1042S
  • Free sessions for students to help them
    understand the form

19
Which Office?
  • Financial Aid
  • Handles Applications
  • Determines Eligibility
  • Monitors Eligibility
  • Helps Finalize Award
  • Revises Eligibility

105 Schmitz Hall www.washington.edu/students/osfa/
  • Student Fiscal Services for
  • Items on The Tuition Statement
  • Payment of Tuition and Fees
  • Outside Sponsor Payments
  • Disbursement of Awarded Aid

129 Schmitz Hall www.f2.washington.edu/fm/sfs/
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