Financial Facts

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Welcome. Financial Facts. Claudia A.Wenzel , Director of Financial Assistance Diane M. Ward , Bursar and Director of Student Accounts Michael Humensky , Campus Card Coordinator. Financial Aid Make your award a credit to your account! Additional steps needed to finalize your award - PowerPoint PPT Presentation

Transcript of Financial Facts

FINANCIAL FACTSClaudia A.Wenzel, Director of Financial Assistance

Diane M. Ward, Bursar and Director of Student Accounts

Michael Humensky, Campus Card Coordinator

Welcome

Financial AidMake your award a credit to your account!

Additional steps needed to finalize your award

• Promissory Note and Loan Counseling

• Student employment• Verification• Alternative financing

• Individualized Counseling• Review of award and remaining requirements• Review of financial responsibility• Discussion of plan for payment• Questions answered

Personal Appointments

Tips for Success

•Be connected• Bannerweb• www.jcu.edu/aidjcu• Campus email

•Use your resources

•Establish a relationship with our office

Rodman Hall -2nd Floor216.397.4248enrollment@jcu.edu

Personal appointments 1:00 -3:30 p.m. tomorrow

Office of Financial Assistance

Important Dates for 2011-2012Fall 2011 Spring 2012

Tuition Due Dates August 1 January 1Classes Begin August 29 January 17Deadline for Course Withdrawal

November 22 April 17

Office of the Bursar

Billing Process• Email on July 1, 2011• Cover letter and PDF attachment• Statements will also be posted to Banner Web for Student•Payment instructions are on the statement

• Payment mailing address

• Online payment • Electronic Check• Credit Card• Please note a fee

is charged for these services

• Visit www.jcu.edu/payment

Parents: Be sure your email address is in our records.

Tip:

Tuition Payment Plan• Optional, but recommended to assist in budgeting your semester’s charges over five months• Five Payments per Term

• Fall: June 5 – October 5

• Spring: November 5 – March 5

• Application fee, $25• Payments can be automated• Your choice of email or paper statements• If you enroll after June 5 accrued payments must be paid at the time of application• Apply each year

Tip:Visit www.jcu.edu/tpp to enroll online.

Fall Semester Withdrawal Schedule

Title IV Refund and Payment PolicyAny student who withdraws on or before the 60% point in the semester will have to return or repay unearned federal Title IV financial aid funds. A student who withdraws after the 60% point of the semester is considered to have earned 100% of their aid and will not have to return funds to the federal Title IV financial aid programs.

Full Policy at http://www.jcu.edu/aidjcu/refunds.htm

Week Tuition Charged1 -0-2 33% of Tuition and Fees3 67% of Tuition and Fees4 to end 100% of Tuition and Fees

Tuition Insurance: The Tuition Refund Plan • Insured 75% of cost (tuition, lab fees, room expenses)• Covers injury and illness withdrawals• Pre-existing conditions are not excluded• See brochure for details,exclusions and claims information• Premium for the 2011-2012Academic Year: • Campus Resident $320• Commuter $276

• Note: This is not health insurance

Office of the Bursar• Administration Building a-1• Cashier’s Office – Student Service Center, Administration Building 37• Telephone 216-397-4494

• Check cashing - $25 limit• Review student account• Make a payment

University Bookstore• Text book refund and return policy will be provided at the time of purchase. • Text book rental

• Save up to 50%• Not all courses• Must be guaranteed

with a credit cardTip:Find the bookstore online:

www.jcu.bkstr.com

Books can be shipped or held for campus pick-up

Carroll Card

Questions and Answers