Parent Orientation Tuition Bill and How Best to Pay

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Presentation transcript:

Parent Orientation Tuition Bill and How Best to Pay Things to be Aware of Questions

3rd Friday of the Quarter Tuition Bill Tuition is Due by the 3rd Friday of the Quarter Online Tuition Statement Found in MyUW Payment Options: http://f2.washington.edu/fm/sfs/tuition/payment/ Separate University Housing Bill Webcheck is free, fast, and safe Payment shows immediately No chance that check is lost in the mail or stolen Other options: check, credit card with a 2.24% fee, or in person

Tuition Bill Student Gives YOU Access to the Bill

Student gives you access to their bill

Paying Tuition Bill Student Gives YOU Access to the Bill You will receive an email with instructions once your student authorizes you You will need the following information Your student’s UW number The answer to the challenge question your student provided. You will see the image below to log in To log in at any time, go to https://f2.washington.edu/fm/sfs/parents or view the quick link from our SFS webpage to pay tuition 

Contact the IRS at https://www.irs.gov/ to ask about tax credits Important Information Aid: Generally, tuition and fees are paid first from any scholarships, grants, or loans received Additional fees: Fees can be charged throughout the quarter- check the bill periodically (Late changes or fees, lost U Pass, class fees etc.) Important Dates: Make sure your student is aware of deadlines for class or credit changes without a penalty Taxes: Opt out of the paper form-> your student can print the 1098-T online to get it earlier and more efficiently Contact the IRS at https://www.irs.gov/ to ask about tax credits

Student Financial Aid FAFSA must be completed by February 28 –(contact Financial Aid if this was not done) Once an offer is made by the Financial Aid Office, student must accept aid and sign the appropriate promissory notes Parent signs the Plus Loan Master Promissory Note and completes request process online: www.StudentLoans.gov Always have student confirm that their tuition and fees are paid prior to using any funds sent to them via check or Direct Deposit

Fees You May See in Detail: Late Fees $50 to $249.99  $50 $250 and over  $120 Course/Lab fees Tuition Forfeiture Add/Drop Fee Insurance Short Term Loan $2500 available UW Housing Study Abroad Other

Non-UW Scholarships Students need to report all scholarships to the Office of Student Financial Aid (OSFA), if they were not already reported on their award notice. Forgetting to report all scholarships can cause problems with their financial aid award and in some cases may require them to return some of their financial aid money. Scholarships will reduce a student’s unmet need first, and then loans and/or work study before any grants or UW scholarships are reduced. Scholarships checks are sent to: University of Washington, Scholarships Box 24967 Seattle, WA 98124-1967

Parents - Go to www.get.wa.gov You can request in Fall for all three quarters or You can request each quarter separately Questions about how much or how many units - contact the GET office UW housing charges can be paid with GET, please contact HFS to coordinate this payment with our office UW Process UW receives GET funds three times a week during the first three weeks of the quarter We will post your payment as soon as it is received The GET program can take up to 2 weeks to process payment requests – take action early!!

Veterans VA Student applies for the benefit in the UW VA office – call 206-543-6122 VA office certifies the account and requests the money for the student SFS pays tuition for the student after we receive the funds VA funds usually come in the 4th or 5th week of the quarter- we waive late fee ROTC Contact the ROTC unit on campus for your scholarship questions. Army: 206-543-9010 Navy: 206-543-0170 Air Force: 206-543-2360

Which Office? Student Fiscal Services for: Financial Aid: Items on The Tuition Statement Payment of Tuition and Fees Outside Sponsor Payments Disbursement of Awarded Aid 129 Schmitz Hall Financial Aid: Handles Applications Determines Eligibility Monitors Eligibility Helps Finalize Award Revises Eligibility 105 Schmitz Hall