Money Matters Student Financial Services Orientation 2011.
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Transcript of Money Matters Student Financial Services Orientation 2011.
Money Matters
Student Financial ServicesOrientation 2011
Where to find us…..
The DeVoe Moore University CenterSuite A1500
Online: www.sfs.fsu.eduPhone: (850)644-9452Fax: (850) 644-5142
What we do…..• We accept payments for tuition and other
University charges.
• We disburse financial aid and University refunds.
• We process Florida Pre-Paid tuition plans and other third party billings.
• We assist students with debt management.
Campus.fsu.edu• Complete your Account Refund Setup (ARS)
• Authorizes Student Financial Services to release your financial aid awards to pay all University tuition and fees.
• Refund Options– SunTrust account – Paper check mailed to local address
• Student Financial Responsibility • 1098-T tax form• Notification of Social Security collection• Acknowledgement of financial responsibility to the
University
• Parental Access• Federal guidelines (FERPA)
Where is my bill?
Account Statement
Payment Options• In Office Payments:
Monday-Friday 8:30am-4:30pm
• FSU Card• Cash • Check or Money Order
• Online Payments :• FSU Card• Debit Card• All Major Credit Cards• Electronic Check
$7 convenience fee for all online transactions
Florida Prepaid
• Billings are automatically entered• We do not need to see your Prepaid card
• Two Types of Florida Prepaid:• Standard Plan• Standard Plan plus the Local Fees Plan
• Contact Information:• 1-(800)552-4723• www.florida529plans.com
*Florida Prepaid dorm is handled by the Housing Office*
What about Financial Aid?
Financial Aid
• Student Financial Services disburses financial aid on the 5th day of classes:• Financial Aid consists of:
• Grants• Loans• Scholarships• Bright Futures
• Tuition and Fees are automatically deducted.
• Once all tuition and fees are paid any excess money is refunded according to the Account Refund Setup.
When is Tuition Due?
Tuition Payment Deadlines
• Summer Session C: • Friday , July 8, 2011
• Fall Term: • Friday, September 9, 2011
What if I Pay Late?
• A late fee of $100 may be assessed to unpaid tuition.
•Unpaid tuition may lead to cancelled schedules and additional fees.
Quick Summary• Parental Access
• We cannot discuss any account information with the parent unless this in on file.
• Paper bills will not be sent• Account information is available anytime through
Blackboard
• Accounts Receivable Charges• Any amount owed to the University will place a hold on the
student’s account.
Frequently Asked Questions
Bright Futures and Florida PrePaid
• How does Florida Prepaid and Bright Futures work together?
• We will enter a billing for Florida Prepaid after the student registers for classes.
• We will disburse financial aid on the 5th day of classes and any remainder will be distributed from the set-up of the ARS.
Non-Tuition Charges• How do I pay for Housing, Dining and
Bookstore Charges?
• Housing, Dining and Bookstore charges are all billed separately.
• You may choose to have your financial aid pay for these charges IF arrangements have been made AND you have enough aid to cover all charges due.
529 Plans
• How can I use my 529 plan to pay for tuition?
• You will need to submit a copy of your account statement to your 529 plan provider.
• The 529 plan provider will remit payment to us and it will be applied to the student’s account statement.
• Please have the 529 plan provider include the student’s name and FSUSN with the payment.
Questions?