STUDENT FINANCIAL LITERACY

1. STUDENT FINANCIAL LITERACY CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

2. What is Financial Literacy? • The ability for postsecondary students to use knowledge and skills to make good decisions related to budgeting, borrowing, and repayment strategies. CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

3. Why is Financial Literacy Important? • Americans owe more debt on their student loans than they do on their credit cards. • Americans spend more than they earn, the time to save is now. • Students who default on their student loans, damage their credit scores which negatively affects employment opportunities and lower loan rates. • To sustain financial well being of individuals and their families. • Enable individuals to make informed financial decisions and plan for unexpected financial hardships. • Learn how to build a budget that works for you, to ensure your goals and dreams are attainable. • Take control of your debt before it takes control of you!!! CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

4. Smart Ways To Pay For College • Determine the total cost of attendance (COA) • Complete the Free Application for Federal Student Aid (FAFSA) • Apply for Scholarships • Apply for Loans (Direct Subsidized, Unsubsidized, Plus Loan, Parent Plus and Private) CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

5. 1. Determine COA • Go to www.jsums.edu • Click Admissions • Click Tuition and Fees • The page contain Tuition, Housing, Meals, Mandatory, and Optional fees. Tuition $3,938 Housing $2,815 Meals $1,884 Out-of-State Fee $5,614 CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

6. 2. Complete FAFSA • Ways to fill out FAFSA • Log in at www.fafsa.gov • Use the myFAFSA of the myStudentAid mobile app • Complete and mail a FAFSA form • FAFSA is used to apply for free federal grants, work-study, and loans • The IRS Data Retrieval Tool can be used to transfer their tax return information directly into their FAFSA • FAFSA start accepting form on October 1st for the next academic school year • For more information on completing the FAFSA Form • Contact JSU’s Financial Aid Office • www.jsums.edu/financialaid/ • 601-979-2227 • Contact the Federal Student Aid Information Center at • StudentAid@ed.gov • 800-433-3243 CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

7. 3. Apply for Scholarships and State Aid Each scholarship has its own qualification process. • State of Mississippi Scholarships • www.msfinancialaid.org/ • University and Local Scholarships • www.jsums.edu/financialaid/scholarships/ CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

8. Registration • Student must be admitted to JSU and have a class schedule • If you have enough in financial aid and scholarships, your Registration will automatically complete CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

9. Understanding The Student Account via JSU PAWS • View/Print Student Bill • Payments/Payment Plans • Complete Registration Status • Collections CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

10. How to View/Print Bill Step 1 Log into JSU PAWS • Go to www.jsums.edu • Click the P.A.W.S. link near top of the screen. • Click Enter Secure Area (JSU PAWS) • Enter User ID (J#); Enter PIN (date of birth ex. 010195) CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

11. How to View/Print Bill Step 2: Click the Student Tab Or Click Student & Financial Aid under Main Menu CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

12. How to View/Print Bill Step 3: Click Student Account CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

13. How to View/Print Bill Step 4: Student Account. Click one of the following: TO VIEW SUMMARY OF ALL 'CHARGES': Click Account Summary TO VIEW SUMMARY OF ALL 'TERMS': Click Account Summary by Term TO VIEW DETAIL FOR SPECIFIC TERM: Click Account Detail for Term (current and future balance totals for the selected term and other terms) View the details of the account. Print if needed CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

14. Payment/Payment Plan Follow all the steps to View/Print Bill If there is an account balance, click the Credit Card Payment or Payment Plan button The Touchnet Payment Gate will open Note: Once Payment Plans have been established or the account is paid in full, Registration is automatically completed. CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

15. Payment/Payment Plan 4 9 1 2 3 8 5 6 7 TOUCHNET PAYMENT GATE WAY CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

16. Payment/Payment Plan • My Account • Current Activity — See historical activity by term of transactions that have posted • Statements — All of your statements, along with the amount due and link to detail • Payment History — Any payments that have already been made • Make Payment — Make a full or partial payment to your account • Payment Plans — View your current payment plan, or enroll in a plan to pay your balance over time • Help — See your options for finding help with questions about your student account • Announcement — See the Announcement area for information about your campus bills and payment • Student Account • Balance — Actual charges and credits that have been applied to your account • Anticipated Charges — Funds that you anticipate as charges (tuition, fees, etc.) that have not been applied to your account • Anticipated Credits — Funds you expect to receive (loans, financial aid, etc.) that have not been applied to your account • Balance Including Anticipated Items — The total balance, after including Anticipated Charges and Anticipated Credits • View Activity — See historical activity by term of transactions that have posted as well as current unposted charges and credits for your account • Enroll in Payment Plan — If your balance is eligible for a payment plan, you have 2 options : (On-Line Plan) or (2) In-House Plan 4 Equal Installments Per Semester • Make Payment — Follow this link to make a payment towards your balance CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

17. Payment/Payment Plan • Statements — Your account statements are listed here; click a description to see the details • My Profile Setup • Authorized Users — Give others (like parents) permission to view and pay your bills • Payment Profile — Add a payment method to your account to make future payments quickly • Electronic Refunds — Add, modify, or delete a checking or savings account for direct deposit of your refunds • Notifications — Add, modify, or delete a secondary email address (a non-JSU email address) to get notifications and updates about your account • Logout — Always click Logout when you finish to ensure the privacy of your account information CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

18. Complete Registration Status Step 1 Log into JSU PAWS • Go to www.jsums.edu • Click the P.A.W.S. link near top of the screen. • Click Enter Secure Area (JSU PAWS) • Enter User ID (J#); Enter PIN (date of birth ex. 010195) CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

19. How to View/Print Bill Step 2: Click the Student Tab Or Click Student & Financial Aid under Main Menu CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

20. Complete Registration Status Step 3: Click Registration CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

21. Complete Registration Status Step 4: Click Registration Services CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

22. Complete Registration Status Step 6: Click Check Registration Status CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

23. Complete Registration Status CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

24. Complete Registration Status If the student’s registration is not Complete, verify that the all payments And financial aid has posted. If there are any questions or concerns, Contact the Business Office at 601-979-2216 or Sign up for an Appointment using Tiger Queue on the JSU mobile app. CHALLENGING MINDS, CHANGING LIVES www.jsums.edu

25. Collections NON-PAYMENT POLICY • At the beginning of each semester, the balance from a previous semester is due in full before registration can be completed. • If the balance from the previous semester is not paid in full there will be a 'Transcript Hold and a Financial Services Hold‘ placed on the student account until ALL balances have been paid in full. The holds will prevent access to grades, transcripts, and records. • At the beginning of the semester, if a student does not have sufficient aid to cover the balance, a student may elect to sign up for a TouchNet Payment Plan. The plan will allow the student to pay the remaining balance in 4 equal installments. • There is a $100 Deferment Fee that will be applied to the first installment payment. • If a student has not completed registration by the 'Purge Period’ the student will be removed from their classes, prohibited from entering the dormitory, restricted from accessing online classes, and barred from accessing the functions of their JSU SUPERCARD. • The only way to complete registration is to have all balance paid in full or set up a payment plan. • There will be no exceptions -- this is the rule. • Balances not paid in full by semester end will be sent to Heartland ECSI Recovery Select for collections. CHALLENGING MINDS, CHANGING LIVES www.jsums.edu