Financial Aid Office Jill Robertson Director of Financial Aid finaid@mines.edu 303-273-3220 - PowerPoint PPT Presentation

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Financial Aid Office Jill Robertson Director of Financial Aid finaid@mines.edu 303-273-3220

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Financial Aid Office Jill Robertson Director of Financial Aid finaid_at_mines.edu 303-273-3220 WHAT YOU SHOULD KNOW FERPA We cannot speak to your parents regarding your ... – PowerPoint PPT presentation

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Title: Financial Aid Office Jill Robertson Director of Financial Aid finaid@mines.edu 303-273-3220


1
Financial Aid OfficeJill RobertsonDirector of
Financial Aidfinaid_at_mines.edu303-273-3220
2
  • WHAT YOU SHOULD KNOW

3
FERPA
  • We cannot speak to your parents regarding your
    financial aid
  • Please help us to help your parents
  • Email us from your Mines email with parents
    questions
  • Come in with your parents
  • Set up a time to come in and we can call your
    parent
  • Telling them to contact us will only create
    frustration

4
Financial Aid
  • Your aid should have credited to your account on
    Friday (8/20/10) IF
  • All your documents and requirements were complete
    (ie verification docs, loan forms)
  • If the funds are not showing as credited on your
    billing statement, check the Applicant
    Requirement tab on the Financial Aid section of
    Trailhead
  • Problem? Come see us or email us!

5
Outside Scholarships
  • Per federal regulations, all outside scholarships
    must be reported to the Financial Aid Office even
    if the check is made out to the student.
  • You can report scholarships online using the form
    link under Scholarships on the main Financial
    Aid website from http//inside.mines.edu
  • Submit all outside scholarship checks to the
    Financial Aid Office NOT the Cashiers Office

6
Satisfactory Academic Progress
  • Scholarships
  • 24 credit hours (fall/spring) and a 2.5 Cum GPA
  • Evaluate at the end of the academic year (spring)
  • Once you lose it, you lose it for good
  • All other aid
  • 12 credit hours per semester and a 2.0 semester
    GPA
  • Evaluate each semester
  • Emails will be sent to your Mines email account
  • Letter will also be mailed if terminated
  • There is an appeal process that will be outlined
    in the letter and email

7
Never Ending.
  • If you are receiving grants and/or student loans
    this requires the FAFSA to be completed
    (fafsa.gov) and to us by
  • APRIL 1st
  • File by March 15th to be safe
  • Biggest error missing signatures

8
If You Remember Nothing Else
  • Check your Mines email often
  • Place us in your contact list so finaid_at_mines.edu
    does not go into spam
  • Check Trailhead often
  • Ask questions!

9
Bursars OfficeMichelle Hancocksturecv_at_mines
.edu303-273-3158http//inside.mines.edu/Account
s_Receivable-Cashiering
10
Accessing Student Account
  • Self-Service Student on Trailhead , My Account
    Page (http//trailhead.mines.edu) enables you to
  • Access student bills
  • Enroll in eRefund
  • Set up Parent/Third Party Access to make payments
    and view bills
  • Enroll in My Payment Plan
  • Enroll in text message notifications
  • Pay tuition/fees online via Check or Credit Card
  • Etc.
  • CHECK OFTEN!

11
Student Name
Mom
Grandpa
12
Tuition Fees
  • Charges assessed each semester
  • All fees mandatory except for two
  • Parking (Charged based on your parking selection
    during the registration of your vehicle)
  • Health Insurance
  • Descriptions of what fee covers available online
  • http//inside.mines.edu/Accounts_Receivable-Cashie
    ring
  • FY11 Fees

13
Health Insurance
  • All students are required to have health
    insurance while attending CSM
  • Students are automatically enrolled in the
    Student Health Benefit Plan
  • Can be waived online through Trailhead
  • Must be waived by Census Date
  • Health Insurance Fee is not the same as the
    Health Services Charge, which cannot be waived
  • International Students cannot waive online

14
College Opportunity Fund (COF)
  • Provides a tuition stipend to students classified
    as residents
  • Set annually by the Colorado General Assembly
  • Currently 62.00 per credit hour
  • Will show as COF payment on student bill

15
Receiving the COF stipend
  • Apply at https//cof.college-assist.org
  • Authorize CSM to use your COF funds through
    Trailhead
  • Once these steps are completed the stipend will
    be credited to the student account
  • Student responsible for COF amount if steps are
    not completed appropriately

16
Billing
  • Electronic Billing ONLY!
  • Tuition Fees due first business day after
    Census Day
  • September 9th
  • There is a 5 business day grace period
  • Ensure Trailhead primary email is correct
  • Outstanding balances not covered by financial aid
    or tuition payment plan will be assessed a late
    fee of 1.5 monthly
  • A restrictive hold will be placed on the student
    account as well
  • Do not wait for an updated bill after schedule
    changes
  • Trailhead should be checked regularly and any
    additional tuition/fees assessed should be paid
    immediately
  • Manually deduct expected financial aid,
    scholarships, COF, Heath Insurance, if
    applicable.
  • Check Trailhead often

17
Sponsored Students
  • ROTC Program
  • 45 days
  • Sponsor Authorization Form
  • Student Agreement Form
  • Available online
  • http//inside.mines.edu/Sponsor
  • Due to the Student Receivables office by the
    first day of class
  • Any tuition and fees not covered by sponsor are
    due first business day after Census Day

18
Payment Options
Credit Card Online Only through Trailhead Discover, Mastercard, and American Express are accepted convenience fee
Cash, Check, Wire Electronic check via Trailhead FREE! Mail checks to Attn Student Tuition Colorado School of Mines Department 1914 Denver, CO 80291-1914 Include CWID on all checks Information on wire transfers is available upon request Do not mail Cash
19
Payment Plan
  • 25.00 enrollment fee
  • Enroll online via Trailhead
  • Automatically withdraws funds from a credit card
    or bank account
  • Convenience fees apply for credit card use
  • Fall 2010 Plan
  • Start Offering Date 04/19/2010
  • Final Offering Date 09/22/2010
  • eNotification Date Last Enroll Date Due Dates
  • 05/03/2010 05/05/2010
  • 05/15/2010 05/22/2010 06/05/2010
  • 06/15/2010 06/22/2010 07/05/2010
  • 07/15/2010 07/22/2010 08/05/2010
  • 08/15/2010 08/22/2010 09/05/2010
  • 09/15/2010 09/22/2010 10/05/2010

20
Refunds
  • Must submit refund request form
  • Cashier Office
  • Online
  • Receipt of disbursement eRefund!
  • Checking or Savings
  • Student will see ED-Informational Only hold
  • Plus Loans
  • Refunds appear on the student account as a charge
    to offset the credit to bring the account to zero

21
Withdrawal
Official Drop Date Credit Adjustment
Less than 2 weeks (Census Date) 100
Less than 3 weeks 60
Less than 4 weeks 40
Less than 5 weeks 20
5 weeks or more 0
22
Deciding to attend another university?
  • Student must contact Admissions/Financial Aid to
    make a formal notification that you will not be
    attending CSM.
  • If they fail to meet the requirements for formal
    notification, the tuition charges will remain
    your personal obligation.

23
Thank you!
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