Presentation on theme: "Student Account Information Session Murray State University Office of the Bursar 200 Sparks Hall Murray, KY 42071 Wendy Cain– Bursar Tony James – Associate."— Presentation transcript:
Student Account Information Session Murray State University Office of the Bursar 200 Sparks Hall Murray, KY 42071 Wendy Cain– Bursar Tony James – Associate Bursar Phyllis Jones – Assistant Bursar Will Cox – Cash Management/e-Commerce Coordinator 270.809.4227 1-800-272-4MSU (Option 5) firstname.lastname@example.org
What is a Bursar? “A treasurer or business officer, especially of a college or university” “An official in charge of funds” Keeper of the purse
Financial Aid Tab – Terms & Conditions Found under SFA Award link: By accepting the Terms & Conditions: A student is agreeing to receive and view their financial aid information electronically and allow their financial aid to pay other charges (parking permit & fines, ID card fees and other misc charges). By refusing the Terms & Conditions: A student will receive all financial aid information in paper form (mailed to permanent address) and must pay other charges prior to their financial aid being released to cover their tuition, room and board charges. Any excess financial aid will not be refunded until the other charges are paid in full.
Billing/E-bills Collections Tuition & Fees Payments Refunds Payment Plans (MSUPP) Outside Scholarship Checks Perkins Loans Award financial aid FASFA Work Study Certify private loans Concurrent Enrollment Verification/KHEAA Entrance Counseling Master Promissory Note Bursar’s Office Financial Aid/Scholarship Office
myGate – Money Tab The view of this page will be changing
What’s Under “My Account”? E-Bills Make a Payment View Previous Payments Payment Plans Authorized Users Print Statements Online 1098-T Tuition Tax Statements! Mobile App!
E-Bills All MSU billing statements will be sent electronically. An email will be sent to the students Murray State (email@example.com) email account notifying a student when their E-Bill is available for viewing. The E-Bill is a real time billing system that is fully integrated with the university student information systems. Students can view their most recent statements; students will see all activity posted to their account since the last statement under “current charges”. They see and pay an up-to-date account balance calculated at the instant they view them. Students can authorize third parties, such as parents, guardians, or employers, to view bills and make payments on their behalf.
Refunds If loans, scholarships, or other payments cause the student’s account to carry a credit balance – a refund will be issued to the student. Refunds can either be mailed in the form of a paper check or issued as direct deposit (students sign up on the 2 nd floor of Sparks Hall). Refunds are always mailed to the REFUND address first and then the permanent address that the student has on file with MSU. Students who are first time borrowers have a 30 day waiting period before funds apply – which will delay receipt of their initial refund.
Payment Plans Tuition payment plans help families budget the costs of tuition and fees by spreading the cost over a number of payments during the term. There is an application fee that is due at the time of enrollment. Fast & Easy: Payment plans can be signed up for online & payments can be automatically deducted from checking/savings accounts. Secure: You can pay online using a credit card, debit card or electronic check on our secure website.
Payment Plans Convenient: If your plan changes – we’ll email you. If the student drops or adds classes at any time during the enrolled period – the changes will cause the plan to re-calculate, adjusting payments and an email to be sent to the student & authorized users, notifying them of the change. Affordable: There is a $30 set up fee each time that the student chooses to enroll in the payment plan. However, there are no other fees, unless the payment is made 5 days after the due date. At that point, a 0.65% late fee will be added to the account.
Authorized Users Students can authorize third parties (parents, guardians, employers or others) to view bills and make payments on their behalf. Students must enter the authorized user’s email address and select the level of account access (authorized users will not be able to view emails, grades, or allow them to accept/decline financial aid). Authorized users will then receive an email that will provide them with a link and temporary password to access the billing website.
Important Dates FALL 2014SPRING 2015 Billing Dates7-18-2014 11-21-2014 Due Dates8-01-2014 12-19-2014 Late Registration8-06-2014 01-03-2015 1st Purge Date8-05-2014 01-03-2015 1st Day of Class8-19-2014 01-12-2015
Tuition & Fees 2014-2015 Kentucky residents and students from (Massac County in Illinois; Posey, Vanderburgh or Warrick Counties in Indiana; Henry, Montgomery, Obion, Stewart or Weakley counties in Tennessee): Part-time Full-time12 hrs + (1-11 credit hours) (Cap amount) Undergraduate $308.00/hour $3,696.00 Graduate$468.00/hour Non-residents of Kentucky: Undergraduate$838.00/hour $10,056.00 Graduate$1,318.00/hour WEB Tuition (KY and Non-Residents) – **Billed separately from cap amount** Undergraduate$388.00/hour Graduate$596.00/hour
Regional Tuition In order to receive the regional tuition discount, new undergraduate students must be eligible for admission and be enrolled at least 12 hours – they must also live in or pay for university housing until the student earns 90 credit hours (Senior Status). Residents of Alabama, Illinois, Indiana, Missouri, and Tennessee will be charged out- of-state tuition. A tuition discount will be credited for the difference between MSU’s out-of-state tuition and the average in-state rate based on the student’s state of residency. Regional tuition students will be assessed a $100 Regional Discount Fee.
Housing Rates 2014-2015 Old Richmond, Franklin and Springer are $2,080 for double and $3,120 for a private room. Hart, Regents, and White are $2,288 for double and $3,328 for a private room. Clark and Richmond are $2,860 for double and $3,380 for private room. Elizabeth is $2,496 for double and $3,536 for a private room. Freshmen and sophomores NOT living in university housing must complete the HOUSING EXEMPTION form (check with the housing office).
Freshmen Meal Plan 2014-2015 Unlimited Plan - $1,668 Unlimited at Winslow Snacks and Beverages 8 Guest Meals $75 Flex Dollars
Perkins and Nursing Loans Promissory Note and Entrance Interview – Completed online – www.ecsi.net – As with federal student loans, there is a 30 day delay for first time borrowers
Refund Table for dropping classes For information on additional sessions, please see the Bursar’s Office Website at http://murraystate.edu/Admissions/BursarsOffice/ProRationOfCharges.aspx Spring 2015 (FULL SEMESTER) 100% November 7, 2014 – January 14, 2015 80%January 15 – 20, 2015 50%January 21 – February 6, 2015 0%February 7 – May 1, 2015
Payment Options - myGate Credit Card – Must pay online – 2.75% service fee Credit card payments for your student account can ONLY be made on the myGate system! Check – Pay online – No added fees Debit Card – Pay online – No added fees – Must be able to use card as DEBIT card (pin-less debit) If you’re not sure, contact your bank.
Mailing a Payment Murray State University Cashier’s Office 200 Sparks Hall Murray, KY 42071-3312 payments should be mailed to: Checks should be made payable to: Murray State University **Please include student M number (student ID number) in the memo field CheckCashier Checks Money Orders Traveler’s Checks