Presentation on theme: "Dealing with Money Matters: Temple University Bursar’s Office"— Presentation transcript:
1 Dealing with Money Matters: Temple University Bursar’s Office bursar.temple.edu
2 What is A Bursar’s Office???? The Bursar’s Office is responsible for issuing tuition bills, processing all payments, collecting balances owed to the University and ensuring students are well informed regarding personal finances.The Office consists of three units:Cash Operations – responsible for university financial transactionsCredit and Collections – collection of past due accounts and maintaining institutional loan such as, Perkins Student LoansFinancial Literacy and Money Matters – providing knowledge to help students master financial facts to aid in financial health- Student Loan and Money Management Center – slmm.temple.edu
6 Registration Information Before registering or looking up classes for the first time each semester, students must review and accept the Financial Responsibility Agreement (FRA).Temple does not cancel registration for non- payment. Students who are not planning to attend must drop their registration by the end of the drop-add period.If registration is not dropped, students remain financially responsible to pay for all tuition and fee charges.
7 Billing ScheduleStudents are not billed until after they are registered.Depending on the registration date, up to 3 bills could be issued for the Fall and Spring semesters.Newly-registered students are billed for the first time on the Monday following their initial registration.Schedule:Fall – first bill issued mid-July with payment due in AugustSpring – first bill issued in Dec; payment due in JanuarySummer One – bill issued in April; payment due in MaySummer Two – bill issued in May/June; payment due in June
8 Authorized PayersStudents should enroll their parent/guardian as an “authorized payer” so that they:Will receive an notification when a bill is issued.Can pay online.Authorized payer sign-up information:
9 TupAY Temple’s online billing / payment system Within TUpay, students can:Access their e-bill and current balanceSee up-to-the-minute view of your student accountAuthorize a payer (parent, etc.) & make paymentAuthorized payers have the same TUpay functions as students, once granted accessAccess TUpay within TUportal:Select Student Tools and ‘TUpay’ Under Student Accounts.
10 Billing informationBill notifications are sent directly to the student’s official Temple account.Bill notifications are also ed to parents or others if the student has designated them as an Authorized Payer.Bills are available online in TUpay. Paper bills are NOT mailed.First fall/spring bill, 50% of the total amount is due.
11 Payment Options Pay the bill in full Avoid payment plan fees and late payment feesTemple Deferred Payment Plan (fall and spring)Automatically enrolled if not paid in full by the bill due date$25 payment plan fee if not paid in full after the first bill due date$20 payment plan fee if not paid in full after the second bill due dateTemple Installment Payment Plan through HES – 10 monthly payments (5 in Fall and 5 in Spring) - $50 annual fee.Additional information is available at:/TIPP2014% pdf
12 How to PayOn-line via TUpay – electronic check or credit card. There is a 2.75% service charge in addition to tuition and fees for credit card payments. There is no service charge for e-check payments.In person at one of the Bursar’s Office locations (115 Carnell Hall) – Cash, Check, Money Order, Tuition Remission. Credit cards are not accepted in person or via the telephone.By mail – include a check with the bill remittance and send to our P.O. Box listed on the remittance. Write TUid on check memo line.
13 Direct DepositSign up for the Temple Electronic Direct Deposit (TEDD) program via TUportal (connect to PNC site):Select Student Tools and ‘Direct Deposit’ Under Student Accounts.Refunds available sooner and safely deposited directly into your bank account.No waiting for checks via snail mail. Direct deposit refunds are issued daily. Paper checks are generated only once a week.
14 FERPA WaiverFederal law limits how much information we can share with parents/guardians about students.You must complete a “FERPA Waiver” allowing University offices to discuss certain information, including bills and financial aid.