1 Finding Out What You Owe MyUW Changes in the Bill Paying Tuition & Fees Deadlines Payment Options Financial Aid Disbursement Sign Your Promissory Note Direct Deposit Managing Your Finances Taxes Money 101 Contacts & More Information 1

2 Parent Guide 2

3 Finding Out What Your Student Owes 3

4 notification (student’s should forward their ) (MyUW)View bill on line (MyUW) Download and print a copy Authorize individuals to have online, phone and in-person access to your tuition information Links to payment methods E-Billing: The official UW Bill 4

5 5

6 Return to Student Fiscal Services by tuition due date for refund $44 per quarter $100 withdrawal thru 7th day $20 replacement after 1st week 6

7 Student Insurance Finding Out What You Owe - Insurance Must make selection and/or any changes by 7th calendar day of the Quarter 7

8 Paying Tuition 8

9 LATE FEES $50 to $  $50 $250 and over  $120 Students will have holds on registration and transcripts until the past due balance is paid. Paying Tuition - Deadlines Your tuition payment is due on the 3rd Friday of the Quarter 9

10 Web Check Paying Tuition – Payment Options 10

11 Paying Tuition – Payment Options 11 NO FEE to use

12 You may pay by check or cash… Paying Tuition – Payment Options 12

13 Student or a 3 rd Party May Pay by Credit Card Paying Tuition – Payment Options MyUW or There will be a convenience fee for each transaction 13

14 Financial Aid Disbursement 14

15 Aid Disbursement Financial Aid Disbursement - Loans Perkins Loan Sign Your Master Promissory Note Online: MyUW - Financial Aid Status Federal Direct Parent Loan for Undergraduate Students (PLUS) 1.Respond to the Letter from SFS Requesting Information 2.Sign the Master Promissory Note Online: dlenote.ed.gov Stafford Loan Sign Your Master Promissory Note Online: dlenote.ed.gov 15

16 Short Term Loans Maximum available is $2500 (undergrad); $3200 (graduate/professional) Apply to tuition or receive cash MyUW’s Personal Services – click on “Short Term Loan Application” Financial Aid Disbursement - Loans Day Loan Full Loan Amount Due the Following Quarter

17 Disbursement of Financial Aid: Loans, Scholarships & Grants Generally, tuition and fees are paid first Financial Aid Disbursement Depending on the stipulations of your sponsor, the balance may be available to you. 17

18 You can receive your aid 2 ways 1. Direct Deposit into your bank account To set up – log on to Go to Direct Deposit Transfer under “Student Personal Services” In-person pick up of checks is not available 2. Through the US mail to your address A request needs to be made a day in advance of mailing: web: telephone: (206) Financial Aid Disbursement 18

19 Managing Your Finances

20 For information read IRS publication 515 IRS web site: UW tax web site: Tax Questions for Student Fiscal Services Managing Your Finances IRS Taxes 20

21 Did you know that the average undergraduate owes $3,262 on credit cards? Loan debt can burden students early on. Money 101 can help! SFS offers money management workshops covering a variety of topics, including: Money Management Overview Spending plan Credit (reports & scores) Borrowing (loans & credit cards) Budgeting for Study Abroad Investing Managing Your Finances 21

22 Student Fiscal Services SFS Questions? Student Financial Aid Office Or Student Fiscal Services 22

23 Student Fiscal Services SFS Student Financial Aid Office Handles applications for financial aid and scholarships Determines eligibility for and awards federal, state and institutional financial aid Monitors continued eligibility for financial aid Helps finalize award—collects required documents, removes holds Revises eligibility for aid and revises awards 23

24 Student Financial Aid Office Counseling help with financial aid eligibility questions, revisions to aid, loan repayment counseling and help with emergency financial situations. Financial Aid Counselors available: Mon – Fri, 9-5 in Schmitz 105 ( no appointment necessary ) phone at at 24

25 Questions about: Items on The Tuition Statement Payment of Tuition and Fees Outside Sponsor Payments Aid Disbursement - After It Is Awarded Money Management SFS Advisors are experienced customer service representatives ready to meet with every student in need of our services. Call or stop by to make an appointment. Call (206) 543 – 4694 or stop by to make an appointment. Student Fiscal Services 25

26 Student Fiscal Services SFS Student Fiscal Services Want an immediate response between 8 am and 5 pm, Mon-Fri? Live Advisor 129 Schmitz Hall Box (206) 543 – 4694 FAX: (206)

27 For more information: Phone: Fax: Student Fiscal Services 129 Schmitz Hall 1400 NE Campus Parkway Seattle, WA