office of educational financing orientation introduction to registration, financial services and...
TRANSCRIPT
Office of Educational Financing Orientation
Introduction to Registration, Financial
Services and Financial Aid
Registration and Financial Services
Contact
• Student Service Center (205 Kent Hall)
• Cashiering (210 Kent Hall, 9 a.m. - 4 p.m.)
• Questions?• FAQ & Email: https://askus.columbia.edu• Call (212) 854-4400• Visit in person: Monday - Friday, 9 a.m. - 5 p.m.
E-Billing
• E-billing notification sent to your Columbia email address• If someone else will be assisting with your account, please be sure to authorize him/her as a payer• Easy access to online payment history and previous statements• E-Bill is a snapshot of the charges, credits and anticipated credits on your student account as of a specific date, and, therefore, is not updated between billing cycles. • View current information through the Student Account Details on Student Services Online (SSOL): https://ssol.columbia.edu.
Payment Methods
• E-check (preferred)•Wire transfer• In-person, 210 Kent Hall • Check, money order, bank check or cash•Mail• Tuition Payment Plan• Additional information: http://sfs.columbia.edu
• Please pay attention to the payment due date on your e-bill; payments must be received (not postmarked if sent by mail) by that date• Payment Due Date: Friday, January 30, 2015• Late Fees: • $150 (First e-bill of semester due on Jan. 30th) • 1.5% (every subsequent e-bill for semester)• Students will not be de-registered if the bill is not
paid on time• Hold will be placed if the balance is $1,000 or
greater
Payment Due Dates
Tuition Payment Plan
• Administered by Nelnet• If you cannot pay in full by the due date,
enroll in the Tuition Payment Plan (Monthly) at the start of each term. • Five monthly payments per semester (a total of 10
monthly payments if attending both Fall and Spring semesters)
• Application fee: $25 for one semester or $45 for both
• Not available for summer session• Spring 2015 Deadline: March 5th (Fee + four
payments)• Additional Information: http://sfs.columbia.edu
Columbia University Medical Insurance
• Columbia University requires all full-time (12 or more credits) students to have health insurance coverage. Full-time students are automatically enrolled into the Columbia University Medical Insurance plan.
• Health Services: http://health.columbia.edu• Options:
• Enroll, if you wish to have coverage and you are not full-time
• Upgrade, from the Gold to Platinum Plan• Waive, if you have a comparable insurance plan
which meets Health Services approval• Additional Information
• Health Service Fee: A mandatory $442 fee charged to all full-time students or students who enroll in the Columbia University medical insurance plan.
Student Services Online (SSOL)
https://ssol.columbia.edu/
• Register for direct deposit• View Academic Records•Update your permanent address• View your e-bill and make e-check payment• View your financial aid information by directing you to our Online Financial Aid System
Student Services Online (SSOL)
Requesting a Refund
GS Refund Request: https://gs.columbia.edu/student-account-refunds
Questions?
Office of Educational Financing
• Award (“package”) Federal & GS Institutional Financial Aid• Process Federal and Private Student Loans• Counsel students on all student financing and federal aid processing issues• Administer New York State Aid for Part–Time Study (APTS)
Office of Educational Financing Quick Visits
•Held each week day to answer quick questions, clarification of a specific financial aid issue, assistance with a form, and address similar concerns. • Does not require an appointment and will be limited from 5 to 10 minutes in length. • Depending on the number of students requiring Quick-Visit counseling, there may be a wait of 10 to 15 minutes for assistance.• Schedule: http://gs.columbia.edu/financing-your-education • Monday to Friday (subject to change)• 10:00 to 11:30 a.m.; 2:30 to 4:00 p.m.
Office of Educational Financing Appointments
• Typically a half-hour and are meant for more in-depth educational counseling issues and long-term planning. • Best way for a student to start the planning process for managing Columbia educational costs. • GS financial aid counselors will be available for appointments at various times each week. • To schedule a counseling appointment:• Email: [email protected] • Phone: (212) 854-5410
Educational Financing Website
Federal Financial Aid
• Two forms necessary to apply:• FAFSA – http://fafsa.ed.gov (2014-2015 for Spring
2015)
•National form sent to a Central Processor• School Code: 002707
• Planned Enrollment Form • Completed online via the Online Financial Aid System
New York State Financial Aid
•New York State TAP Award – https://hesc.org • School Code: 0171• Option 1: After FAFSA-on-the-web, access TAP-on-the-Web application at the confirmation page• Option 2: After FAFSA, HESC mails an Express Tap Application (Paper Process)
Available Aid | Federal and State Grants
Federal Grants• Pell
Max award: $5,730/year or $2,865/semesterBased on full-time, this amount will be less for
reduced enrollment• SEOG
Max award: $1,300/year or $650/semesterBased on full-time, this amount will be less for
reduced enrollment
State Grants• TAP (12 credits or more)
Max award: $5,000/year or $2,500/semester• APTS (3 to 11.5 credits)
Max award: $2,000/year or $1,000/semester
Available Aid |Work Study
• Provides part-time employment and allows students to earn money for their educational costs.• Awarded based on financial need.• Job listings available online at: http://fws.columbia.edu • Employment papers can be picked up at the Federal Work-Study Payroll Office in 210 Kent Hall.
Federal Direct Subsidized Loan:
• Interest free loan while enrolled at least half-time (6 credits)• Fixed interest rate of 4.66% for loans disbursed through 7/1/14 – 6/30/2015• Payments begin six months after graduation or cease to be enrolled for at least half-time (6 credits)• $3,500 (0 to 23 credits)• $4,500 (24 to 55 credits)• $5,500 (56+ credits)
Federal Loans | Subsidized Loans
Federal Loans | Independent Students
Federal Direct Unsubsidized Loan:• Fixed interest rate of 4.66% for loans disbursed through 7/1/14 – 6/30/2015• Interest begins accruing upon disbursement• Option to defer interest payments while in school
• Payments begin six months after graduation or cease to be enrolled for at least half time (6 credits)• $6,000 (0 to 55 credits)• $7,000 (56+ credits)
Available Aid | LoansFederal Loans | Dependent Students
Additional Federal Loans:• Federal Direct Unsubsidized Loan
• $2,000• Federal Direct Parent PLUS Loan
• Amount based on cost of attendance minus financial aid
Available Aid | Private Loans
• Suggested Lender Chart: http://sfs.columbia.edu • Apply online with the lender• Students are not limited to these lenders –
not an exhaustive list
https://studentviewer.finaid.columbia.edu/
• Review missing financial aid documents• Review and accept/decline financial aid
• Log in using your:• Columbia University ID# (CUID,
C00_________)• PIN – Initially your date of birth
(MMDDYYYY)
Online Financial Aid System
Online Financial Aid System
Additional Forms Required
Federal Direct Subsidized and Unsubsidized Loans• Entrance Interview/Counseling
• Reviews borrower’s responsibilities
•Master Promissory Note (MPN)• Contract between the borrower and lender
promising repayment
• Completed online at: http://studentloans.gov
StudentLoans.gov
Financial Aid Strategies 101
Learn more about basic financial aid strategies and help make the
financial aid process more understandable and manageable• Budgeting• Understanding your bill•How enrolling in summer impacts your aid• Plus, more important financial aid information and strategies:
408 Lewisohn Hall, Baer Room• Thursday, January 15th from 1:00 to 2:15 pm• Friday, January 16th from 9:30 to 10:45 am
Office of Educational Financing
Contact
• 408 Lewisohn Hall
• Telephone: (212) 854-5410
• Email: [email protected]
• Typical Quick-Visits:•Monday through Friday• 10 to 11:30 a.m. & 2:30 to 4 p.m.•www.gs.columbia.edu/financing-your-education
Questions?