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OSFA Office of Student Financial Aid www.osfa.illinois.edu Award Financial Aid Process Financial Aid Disbursement of Aid Private Scholarships Private Alternative Loans Student Employment Veteran Services. USFSCO University Student Financial Services and Cashier Operations
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OSFA Office of Student Financial Aid www.osfa.illinois.edu Award Financial Aid Process Financial Aid Disbursement of Aid Private Scholarships Private Alternative Loans Student Employment Veteran Services USFSCO University Student Financial Services and Cashier Operations http://paymybill.uillinois.edu Account Billing Information Set up Authorized Payers Payments Payment Plan Options Direct Deposit of Refunds College Illinois Benefits
University Student Financial Services and Cashier Operations (USFSCO) • View University Billing Information in Self-Service • Set up Authorized Payers • Review Payment and Payment Plan Options • Enroll in Direct Deposit of Refunds • Authorize College Illinois/ 529 Plans Payments Web site: http://paymybill.uillinois.edu Phone: 217-333-2180 Email: usfscohelp@uillinois.edu
Applying for Financial Aid Free Application for Federal Student Aid (FAFSA) available online at • www.fafsa.ed.gov
Loan Requirements • Federal Direct Loan requirements must be completed to receive loan disbursement. • Perkins/University Loan requirements must be completed to receive loan disbursement. • Parent borrowers must apply for the Parent PLUS Loan online at www.studentloans.gov and complete a Master Promissory Note, upon loan approval, to receive loan disbursement.
Disbursement of Aid • Financial aid awards are disbursed in two installments; half in fall and half in spring. • Aid in “Accept” status (except Federal Work Study, reported aid, and estimated awards) is applied directly toward the charges on your University Student Account. • We will begin crediting aid the week before classes start in an effort to get refunds directly deposited to students’ bank accounts by the first day of classes.
Outside Scholarships Send all scholarship checks to: Office of Student Financial Aid 620 E John Street Champaign, IL 61820 To ensure proper credit, please provide your name and UIN on scholarship checks.
Employment Opportunities • To view job postings, check the Virtual Job Board on the OSFA Web site! • You must have a Federal Work Study award on your Award Letter to apply for a Federal Work Study job. • Other on-campus and off-campus jobs are available if you are not awarded Federal Work Study. • We have over 10,000 active student employees and most jobs do not require a Federal Work Study award.
Special Circumstances A family’s financial situation may be different from the tax year information on the FAFSA. Examples include: • Loss of Employment • Loss or reduction of taxable Social Security Benefits • Divorce or Separation • Other
Contact Information Office of Student Financial Aid Student Services Arcade Building 620 E. John Street Champaign, IL 61820 Web site: www.osfa.illinois.edu E-mail: finaid@illinois.edu Phone: 217-333-0100 Fax: 217-265-5516 Office Hours: 9am-5pm