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?