1 / 20

Money Matters Bursar’s Office

Money Matters Bursar’s Office 2006 Springboard To Success Bursar’s Office Services Accept payments for student accounts Check cashing – student bank account Distribute student payroll checks Mail refund checks Mailed each Friday beginning the Friday before classes start

niveditha
Download Presentation

Money Matters Bursar’s Office

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Money MattersBursar’s Office 2006 Springboard To Success

  2. Bursar’s Office Services • Accept payments for student accounts • Check cashing – student bank account • Distribute student payroll checks • Mail refund checks • Mailed each Friday beginning the Friday before classes start • Produce and mail 1098Ts

  3. Finding the Main Bursar’s Office • First floor Rendleman Hall, Room 1101 • Hours 8 am to 4 pm, Monday - Friday • www.siue.edu/BURSAR • 618-650-3123 • Email: bursar@siue.edu

  4. Satellite Cashier Station • Located in the Service Center,Rendleman Hall, Room 1309 • Hours (extra hour during “peak” weeks): • 8 am to 6 pm, Monday - Thursday • 8 am to 4 pm, Friday

  5. Payment Methods • Cash, Check, Mastercard, Discover, Visa • Internet (a 2% service fee will be charged), in person, mail or night drop • If mailing: • give sufficient time (e.g. 7 or more days) to meet payment due date • print hard copy of bill off CougarNet and send in with check • Returned checks cause a stop to be placed on a student’s account and a $25 charge will be assessed

  6. Installment Payment Plan • Automatic enrollment if student account is not paid in full by first day of class • $20 charge per term • 4 bills for Fall term4 bills for Spring term3 bills for Summer term

  7. E-Billing • Email notification that billing data has been updated • Students access CougarNet and can authorize up to five 3rd party email addresses to receive an email notification; for example, parents • Parents access billing data only with the student’s permission • Students automatically registered for E-billing using their SIUE email address • The following web address provides easy links to Frequently Asked Questions and 3rd Party Signon: www.siue.edu/BURSAR/ebill.html

  8. E-billing (cont’d) • Steps to authorize a 3rd party: • Student accesses “3rd Party Authorization” page on CougarNet and adds a 3rd party email address • An email is sent to the 3rd party email address requesting the recipient to register (acknowledge validity of) the email address • 3rd party receives on the browser an 8-position, randomly assigned and unchangeable password • Password is used along with the email address to sign-on to CougarNet as a 3rd party

  9. Fall Billing Schedule Email dateDue date July 17 August 11 September 5 September 29 October 2 October 20 October 23 November 17

  10. Fall Semester Bill Example(Subject to Change) • Guaranteed IL Tuit./15 hours $2379.00* • Fees, including textbook rental $ 590.15** • Residence Hall, shared room $1985.00 • Meal Plan A $1250.00 Total $6204.15 *Illinois tuition is $158.60 per hour. Out of state is $396.50 per hour. **Textbook rental is $8.55 for each hour above 15 hours.

  11. Fall Semester Bill Example (cont’d)Initial Billed Amounts on CougarNet • Installment Payment Due = $1,551.04 • Balance Through Today = $6,204.15 • First Due Date = August 11* * Note: $20 installment fee added to second bill if Balance not paid in full by first day of class

  12. Financial Aid Recipient and Billing • For some recipients of financial aid, the aid may cover the 1st, 2nd and possibly 3rd installments • First actual payment may not be until the 4th installment • Verify via the “Unpaid Installment Payment Due” line on the Installment Due page of CougarNet (amount would equal zero) • May be changing for Fall 2007

  13. Financial Clearance • Officially enrolled status • Financial clearance is required to: • Avoid having classes dropped • Use University services • Remain in University housing • Work on campus and access SJF

  14. Financial Clearance (cont’d) • Financial clearance is achieved by completing one of the following actions by the first payment due date: • Paying semester charges in full or • Making the minimum payment (Installment Payment Due), thus enrolling in the Installment Payment Plan ($20 charge) or • Having sufficient financial aid to cover at least 25% of charges

  15. Fall Billing Schedule Email dateDue date July 17 August 11 September 5 September 29 October 2 October 20 October 23 November 17

  16. If a payment is missed … • Missed payments will result in a 1.5% service charge.

  17. Billing Address • Created in one of two ways – • By the student via CougarNet, or • By the student via paper form available from the Bursar’s Office or Service Center • Used as first choice address by the Bursar’s Office for mailing refunds and 1098Ts. • Local or permanent address will be used if a billing address is not created.

  18. Tax Relief Act of 1997 • Established the Hope and Lifetime Learning tax credits • 1098Ts are mailed to all students • Also available on CougarNet • SIUE cannot provide any tax advice

  19. FERPAFamily Educational Rights andPrivacy Act • Protects student educational records such as academic progress and financial data • Students “own” their educational records and such data may not be disclosed without the student’s consent • This includes parents • Authorization form provides consent • Notarized signature of student or witnessed by Bursar’s Office employee • Password protected

  20. Just ask for assistance! We are here to help your son or daughter graduate from SIUE!

More Related