Financing Their Education Presented by The Office of

Financing Their Education Presented by: The Office of Financial Aid and Scholarships and Student Business Services orientation. umbc. edu

Office of Financial Aid and Scholarships Lower level of the library, pond side Monday-Friday, 8: 30 -4: 30 Financial Aid: 410 -455 -2387 Merit Scholarships: 410 -455 -3813 Fax: 410 -455 -3322 orientation. umbc. edu

Our Services • • • FAFSA Processing Awarding of Merit Scholarships Financial Aid Awarding Verification of student accounts Financial Aid Counseling orientation. umbc. edu

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

Our Services • Dedicated Service Reps • Monthly E-Bills • Payment Processing • Payment Plan Enrollment • E-refunds • Authorizing Additional Users orientation. umbc. edu

Financial Smarts @UMBC NOT just book smart, financially smart too! financialsmarts. umbc. edu Complete the Cash. Course by September 30 th to be entered to win a Go. Pro Hero 3! orientation. umbc. edu

financialaid. umbc. edu orientation. umbc. edu

Application Process for Financial Aid • Complete the FAFSA at fafsa. ed. gov • UMBC School Code: 002105 • Students must submit a new FAFSA each Academic Year! NEW for 2017/2018!! • FAFSA will be available October 1 st • Students will get email announcements with more information and reminders orientation. umbc. edu

Review Financial Aid Awards • The initial award packages is based on the following: • Full time Enrollment • Student’s housing Status reported on the FAFSA • Maximum Stafford Loan eligibility • Students will decide if they want to accept the loan offer, and if so, how much. • More information on loan acceptance can be found at http: //financialaid. umbc. edu/types-of-aid/federal-loans/acceptance/ orientation. umbc. edu

Helpful Tools Information For…. . All the information you will need to ensure that your student is on the right track to receive their aid Cost Calculator Determine your student’s expenses, and how much their financial aid will cover orientation. umbc. edu

sbs. umbc. edu orientation. umbc. edu

How involved will you be? (Parents/Others) Parent PIN • Students grant access (to others) via my. UMBC to: • View e-bills • Enroll in Monthly Payment Plan • Make online payments FERPA/Authorization to Disclose Information Form • Students grant permission (to others) to disclose financial information: • In-person • E-mail • Telephone Profile Sharing - financial access. . . coming soon! sbs. umbc. edu

E-Billing Information • E-Bills – No paper bills • Fall 2016 e-bills available 8/1/16 • Electronic notification $5, 632 • Check UMBC e-mail often! orientation. umbc. edu

Online Payments Cashier’s Office • ACH E-check & Campus Card (no fee) • Cash & Checks only • Credit Cards (2. 75% convenience fee ) • No Credit Cards in-person • International Wires • Available 8: 30 am – 4: 00 pm for payments $5, 632 8: 30 am – 4: 30 pm for questions • Drop box available after hours for checks orientation. umbc. edu

Other Payment Options Agency Payments • • • College Pre-Paid Funds Tuition Remission Third Party Agency Payments Please visit: sbs. umbc. edu/payments/agency-payments/ VA Tuition Benefits The process for applying and obtaining VA tuition benefits begins in the Registrar’s Office VA Certifying Official Whitney West—wwest@umbc. edu 410 -455 -2375 $5, 632 Please visit: www. umbc. edu/veterans orientation. umbc. edu

Monthly Payment Plan • Make payments for tuition and fees in equal installments • Enroll and make payment via my. UMBC and Parent Pin Fall 2016 Dates Enroll by Installments Due Date 7/19/16 4 7/20/16 8/19/16 3 8/20/16 9/19/16 2 9/20/16 $5, 632 • The plan is offered spring, summer and fall only 10/20/16 Final Payment sbs. umbc. edu/payment-plan/ Monthly Payment Plan enrollment for Fall 2016 begins June 1, 2016 orientation. umbc. edu

E-Refunds • Student refunds issued electronically • Look for green envelope in the mail • Select e-refund preference: • Direct Deposit to a bank of your choice • Direct Deposit to Mobile. Bank Vibe account • Mailed paper check orientation. umbc. edu

Reminders Students • Discuss Parent PIN and FERPA • Profile Sharing - financial access. . . coming soon! • Review Financial Aid awards, and accept your Stafford Loans • Utilize helpful tool to plan your finances • Anticipate the e-bill August 1 st • Look for green envelope in the mail; Select e-refund preference • Check my. UMBC regularly • E-mails • To Do List Parents Sign up for Family Connection – email families@umbc. edu to subscribe orientation. umbc. edu

QUESTIONS? orientation. umbc. edu