THUNDERBIRD Tec de Monterrey 2007 Welcome to Global MBA Global MBA Finance & Accounting

THUNDERBIRD Tec de Monterrey 2007 Financial Guidelines Main Objective To submit a completed Statement of Tuition and Fees packet prior to the end of this session.

THUNDERBIRD Tec de Monterrey 2007 Thunderbird payment options

THUNDERBIRD Tec de Monterrey 2007 Welcome to Global MBA Wire Transfers The wire should be in U.S. Dollars and should include the following: HSBC Bank USA, N.A. ABA Number: SWIFT: MRDMUS33 For credit to: Thunderbird, The Garvin School of International Management Account Number: Include Student Name & I.D. Number Consider wire transfer transaction fees Fax or a copy of your wire transfer confirmation Wire Payments made to Thunderbird must be in USD currency.

THUNDERBIRD Tec de Monterrey 2007 Welcome to Global MBA Credit Card Visa, MasterCard, Discover, American Express Credit Card information is maintained in a secure environment and receipts are filed under lock and key for your financial protection. Contact your Credit Card Company and request a note be placed on your account that each month a specific amount around the 1 st of each month will be charged by Thunderbird located in Glendale, Arizona for tuition purposes. This step can help you avoid the credit card Declined response.

THUNDERBIRD Tec de Monterrey 2007 Welcome to Global MBA Personal and Business Checks Checks will be accepted in USD currency only Make Checks Payable to: Thunderbird, The Garvin School of International Management Must Include Student I.D. # and Full Name on check Check Payment mailing address: Thunderbird, The Garvin School of International Management Attn: Finance and Accounting N. 59th Ave. Glendale, Arizona 85306

THUNDERBIRD Tec de Monterrey 2007 Electronic Receipts & Invoices Receipts and optional Invoices generated for each payment will be processed and distributed to the student by in a PDF file (available for printing) on Official School Letterhead. Receipts are made out with the students name and address while Invoices can be customized to include the Name, Address and R.F.C. of the sponsoring company.

THUNDERBIRD Tec de Monterrey 2007 Tec de Monterrey Payment options

THUNDERBIRD Tec de Monterrey 2007 Welcome to Global MBA Credit Card Visa, MasterCard, American Express Credit Card information is maintained in a secure environment and receipts are filed under lock and key for your financial protection. The charges are made in Mexican Pesos considering the exchange rate of the due date.

THUNDERBIRD Tec de Monterrey 2007 Bank Deposit in Mexico Mexican pesos Name on Bank Account:ITESM Bank Name:BBVA Bancomer CIE Covenant: CIE Reference:ITESM ID + Verifier Digit Concept:Global MBA Note: Students must consider the exchange rate of the due date, consulting it at and the verifier digit as well. US Dollars Name on Bank Account:ITESM Bank Name:BBVA Bancomer CIE Covenant: CIE Reference:ITESM ID + Verifier Digit Concept:Global MBA Note: Students must a copy of the bank deposit confirmation to

THUNDERBIRD Tec de Monterrey 2007 Wire Transfer Mexican pesos Name on Bank Account:ITESM Bank Name:BBVA Bancomer Bank Account: CLABE: US Dollars Name on Bank Account:ITESM Bank Name:BBVA Bancomer Bank Account: CLABE: Note: Students must a copy of the wire transfer confirmation to

THUNDERBIRD Tec de Monterrey 2007 Deposit bank in USA US Dollars Name on Bank Account:ITESM Bank Name:Wells Fargo Bank Laredo Texas Bank Account: ABA: Concept:GMBA-Matrícula Students must a copy of the bank deposit confirmation to Consider wire transfer transaction fees

THUNDERBIRD Tec de Monterrey 2007 Invoices Optional Invoices generated for each payment will be processed in Monterrey and distributed to the student by the coordinator in the campus or site. It includes Student/Company’s data and Tec de Monterrey’s as well in accordance with the Mexican Laws. IMPORTANT: If you need an invoice you should ask for it during this session, or any change to the invoice info should be submitted during next working day after the payment, at the latest.

THUNDERBIRD Tec de Monterrey 2007 Contract of Educational Services Establishes the responsibilities between the Institute and the students. Students have to sign it once: the contract starts at the moment of signing and ends at the conclusion of the program It includes the support of a co-signer It should be signed and turned in to your campus coordinator on the first day of class at the latest.

THUNDERBIRD Tec de Monterrey 2007 Policies Penalty for overdue payments: US $68.00 each occurrance Interest: If tuition payment is made after the due date, the student will pay an interest amount equal in proportion to the overdue time period. The interest rate will be determined monthly by Sistema de Administración Tributaria (SAT): 1.13% in July 05 _frecuente/tasa_recargos/ _frecuente/tasa_recargos

THUNDERBIRD Tec de Monterrey 2007 Students must have Medical Insurance which is not included in the tuition If you have one, just send a copy of your policy If you don’t have one, we will buy one for you: $ per term (Mexican pesos) It covers Mexico and overseas trips Ask for the medical insurance at before August 24 th, 2005 Student Medical Insurance

THUNDERBIRD Tec de Monterrey 2007 Welcome to Global MBA Company Sponsored Students It is the responsibility of the GMBA student to satisfy the financial requirements outlined in this session not that of the students sponsor or employer. Communicate with your Human Resources dept. your payment amount, scheduled due dates and specific invoice requirements.

THUNDERBIRD Tec de Monterrey 2007 How 1 st You must have a completed The Statement of Tuition and Fees packet and have it ready to turn in to our staff for review at this time. 2 nd FAQ and detailed information about how the payment process functions with helpful hints to help keep your student account current will be explained.

THUNDERBIRD Tec de Monterrey 2007 FAQ’s Q. Can I and how do I change or update any of the information I have submitted on the statement of tuition and fees form? A.Yes, you may change if your account is up to date and if approved by the GMBA office. Updates and Changes can be submitted via or fax on a new statement of Tuition and Fees form, as well as a Tuition Transfer/Payment Plan Change form available on the GMBA website. Gabriela Trujillo: Tere Elizondo:

THUNDERBIRD Tec de Monterrey 2007 What happens if your payments are not current?

THUNDERBIRD Tec de Monterrey st Month 2 nd Month OUT “Students whose payments are delinquent for two consecutive months will be removed from the program.”

THUNDERBIRD Tec de Monterrey 2007 FAQ’s Q. How will Finance & Accounting stay in contact with you the student? A.

THUNDERBIRD Tec de Monterrey 2007 FAQ’s Q. What if I need to make special arrangements and/or make a request for special consideration regarding my Financial Obligation. A. All special requests must be made through the GMBA office and the Program Directors for approval prior to being put into affect by Finance & Accounting

THUNDERBIRD Tec de Monterrey 2007 Websites

THUNDERBIRD Tec de Monterrey 2007 How will you stay in contact with us?

THUNDERBIRD Tec de Monterrey 2007 Welcome to Global MBA Roberta Duy Controller (602) Socorro Ibarra Treasurer (81) Ext 6532

THUNDERBIRD Tec de Monterrey 2007 Welcome to Global MBA Penny Stinsman Senior Accountant (602)

THUNDERBIRD Tec de Monterrey 2007 Rose Alvarez Senior Accountant o, (81) Ext Fax:

THUNDERBIRD Tec de Monterrey 2007 Welcome to Global MBA Veronica Gudakova Accountant (602)

THUNDERBIRD Tec de Monterrey 2007 Welcome to Global MBA Diane Weible Business Office Cashier (602)

THUNDERBIRD Tec de Monterrey 2007 Teresa Elizondo Administrative Coordinator Global MBA (81) Ext. 6178

THUNDERBIRD Tec de Monterrey 2007 Welcome to Global MBA For students receiving scholarships, we will hold a meeting on Sunday at 1:30pm in the Commons. Finance and Accounting staff will be available to meet with you during your scheduled lunch breaks on Monday and Tuesday in the COMMONS.