Financing Your Student’s Education

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Presentation transcript:

Financing Your Student’s Education Presented by: The Office of Financial Aid & Scholarships and Student Business Services

Student Business Services Administration Building, 3rd floor Monday-Friday, 8:30am-4:30pm (Payments until 4:00pm) SBS Team: 410-455-2288 Fax: 410-455-1821

Student Business Services Dedicated Service Reps Monthly E-Bills Payment Processing Payment Plan Enrollment E-refunds Authorizing Additional Users

sbs.umbc.edu

Office of Financial Aid and Scholarships Lower level of the Library, pondside Monday-Friday, 8:30am-4:30pm Financial Aid: 410-455-2387 Merit Scholarships: 410-455-3813 Fax: 410-455-3322

Office of Financial Aid and Scholarships Awarding of Merit Scholarships FAFSA Processing Verification of student accounts Financial Aid Awarding Financial Aid Counseling

financialaid.umbc.edu

Authorizing Additional Users (Parents/Others) Profile Sharing Sharing financial information via myUMBC Online – students authorize access to view billing and financial aid details Offline – students authorize access to receive information in-person, by telephone and email Parent PIN Students authorize access via myUMBC to: View e-bills Sign up for Monthly Payment Plan Make online payments

June Talk to your student about Profile Sharing/Parent PIN Accept financial aid via “Financial Aid Inquiry” on myUMBC Complete MPN/Entrance Counseling for Stafford Loan(s) Complete (Parent Plus/Alternative) loan requirements (optional)) Complete Private Scholarship Notification Form (if required) Fall 2019 Monthly Payment Plan enrollment now open Use tuition calculator to estimate charges Remind your student to monitor myUMBC for To Do’s and alerts

July Initiate or submit Third Party Payment Information (tuition assistance, tuition remission, VA, 529) July 19th: Deadline to enroll in 4-installment Monthly Payment Plan July 20th: First payment of 4-installment plan due Tuition charges can be viewed mid-July on Account Inquiry

August August 1st: E-bill available (charges posted through July 31st ) August 19th : First Fall 2019 financial aid disbursement to full-time student accounts August 19th : Deadline to enroll in 3-installment Monthly Payment Plan August 20th : August 1st E-bill/Monthly Payment Plan installment due Remind your student to monitor myUMBC for To Do’s and alerts

September September 1st: E-bill available (charges posted through August 31st ) September 17th: First Fall 2019 financial aid disbursement to part-time student accounts September 19th: Deadline to enroll in 2-installment Monthly Payment Plan September 20th: September 1st E-bill /Monthly Payment Plan Installment due

October October 1st - 2020-2021 FAFSA available at https://fafsa.ed.gov October 1st – E-bill available (for charges posted in September) October 20th – October 1st E-bill/Final MPP Installment due Remind your student to monitor myUMBC for To Do’s and alerts

For more information visit: financialsmarts.umbc.edu Students that complete the CashCourse have a chance to win a $100, $300 or $500 deposit on their campus card. For more information visit: financialsmarts.umbc.edu

Visit us at Retriever Round-up too! QUESTIONS? Visit us at Retriever Round-up too!