Colonial Inauguration 2007 Financial Matters A Parent’s Guide.

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Presentation transcript:

Colonial Inauguration 2007 Financial Matters A Parent’s Guide

FINANCIAL SERVICES INFORMATION THE GW FINANCIAL PARTNERSHIP ONLINE SERVICES PAYMENT OPTIONS STUDENT FINANCIAL ASSISTANCE YOUR STUDENT’S ACCOUNT: “ARE YOU ALL SET?” COLONIAL CENTRAL: YOUR SERVICE HUB

WE ARE THE COLONIAL CENTRAL TEAM Student Financial Assistance Financial Aid and Counseling Student Accounts Billing and Account Management Student Employment Federal Work Study Jobs & Part-Time Employment Cashier’s Office Payment Processing COLONIAL CENTRAL TEAM

The GW Financial Partnership Check Your GWeb Account Regularly for Notifications and to Monitor Account and Federal Work Study Information Maintain Good Grades to Keep Scholarships or Merit Aid! Pay Your Account Balance by the Due Date Authorize/Share Access with Parent Look for E-Bill Maintain On-Going Dialogue with Student About Financial Matters Watch for Correspondence Sent Home Complete Payment Arrangements Provide Accurate Information and Shared Knowledge Ensure Professional and Caring Service Experience Provide Pro-Active Problem Solving and Accessible Services Student RoleParent/Guardian Role COLONIAL CENTRAL Team Role

Online Services GWeb – Student’s Online Access to Personal Records View Registration Schedule And Grades Preview Financial Aid Status View Current Balance On Student Account Update Contact Information, Including Addresses View Earnings For On-campus Employment COLONIAL CENTRAL: Your Service Hub – colonialcentral.gwu.edu Online Services E-payment – Pay Tuition Bill Online Financial Aid/ Student Account Forms – Download Forms Loan Application Information Billing and Payment Financial Aid Student Employment

Charges Financial Aid (If Applicable) Authorized Aid v. Pending Aid Library Gift Amount Due & Due Date Registration Schedule “Semester Invoice”

Payment Options Pay Online Visit COLONIAL CENTRAL at colonialcentral.gwu.edu Mail Payment Payment In-Person at the Cashier’s Office Types of Payment Cash Personal Check Money Order Traveler’s Check Wire Transfer GW Monthly Payment Plan Through The Plan Starts in June Payments Made June Through October Cover The Fall Semester Payments Made November Through March Cover The Spring Semester

Student Financial Assistance Loan Options Parent PLUS Loan Alternative Education Loans 529 Plan Check to Display Student’s Name and GW ID# Mail Check Directly to Cashier’s Office Call Cashier’s Office with Questions Federal Stafford Loan Entrance Counseling Federal Work Study – It is a Job! FWS-Approved Jobs Monitoring FWS Award Outside Scholarships Ensure GW Receives the Scholarship Funds are Credited to the Student’s Account Impact of Scholarships on Financial Aid ParentsStudents Remember: This is an annual process for both parents and students! Financial Aid Packages were distributed in March/April.

Payment and Credits Should be Completed by 1st Day of the Semester (Sept. 4, 2007) Monthly Payment Plan - the Total Payments Will Cover The Semester Balance Alternative Loan Applications - To Be Completed No Later Than 1 st Week In August Outstanding Balance Receive Monthly Statement of Account from GW Finance Charges and Late Fees Financial Hold: Prevents Registration for Next Semester Prevents Access to Transcripts Your Student’s Account: “Are You All Set?” YESNO

“Monthly Statement” Charges Amount Due & Due Date Library Gift

COLONIAL CENTRAL: YOUR SERVICE HUB Billing, Account Information and Resolution Tuition Payment Cashing Of Checks Loan Checks Endorsement Financial Aid Application And Counseling Other

THE GW FINANCIAL PARTNERSHIP ONLINE SERVICES PAYMENT OPTIONS STUDENT FINANCIAL ASSISTANCE YOUR STUDENT’S ACCOUNT: “ARE YOU ALL SET?” COLONIAL CENTRAL: YOUR SERVICE HUB “Wrap-up”

Colonial Inauguration Recommended Events Other Sessions at CI: Federal Work Study Orientation The GWorld Card: Your Passport to Quality of Life Services Student Sessions – Encourage Your Student To Attend Our Session Visit the University Services and Student Organization Fair: Representatives from Various GW Offices GW Monthly Payment Plan –