Office of Educational Financing Orientation Introduction to Registration, Financial Services and Financial Aid

Registration and Financial Services

Contact

• Student Service Center (205 Kent Hall) • Cashiering (210 Kent Hall, 9 a.m. - 4 p.m.) • Questions?

• FAQ & Email: https://askus.columbia.edu

• Call (212) 854-4400 • Visit in person: Monday - Friday, 9 a.m. - 5 p.m.

E-Billing • E-billing notification sent to your Columbia email address • If someone else will be assisting with your account, please be sure to authorize him/her as a payer • Easy access to online payment history and previous statements • E-Bill is a snapshot of the charges, credits and anticipated credits on your student account as of a specific date, and, therefore, is not updated between billing cycles. • View current information through the Student Account Details on Student Services Online (SSOL): https://ssol.columbia.edu

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Payment Methods • E-check (preferred) • Wire transfer • In-person, 210 Kent Hall • Check, money order, bank check or cash • Mail • Tuition Payment Plan • Additional information: http://sfs.columbia.edu

Payment Due Dates • Please pay attention to the payment due date on your e-bill; payments must be received (not postmarked if sent by mail) by that date • Payment Due Date: Friday, January 30, 2015 • Late Fees: • $150 (First e-bill of semester due on Jan. 30 th ) • • • 1.5% (every subsequent e-bill for semester) Students will not be de-registered if the bill is not paid on time Hold will be placed if the balance is $1,000 or greater

Tuition Payment Plan • • Administered by Nelnet If you cannot pay in full by the due date, enroll in the Tuition Payment Plan (Monthly) at the start of each term. • Five monthly payments per semester (a total of 10 monthly payments if attending both Fall and Spring semesters) • Application fee: $25 for one semester or $45 for both • Not available for summer session • Spring 2015 Deadline: March 5 th (Fee + four payments) • Additional Information: http://sfs.columbia.edu

Columbia University Medical Insurance • • • Columbia University requires all full-time (12 or more credits) students to have health insurance coverage. Full-time students are automatically enrolled into the Columbia University Medical Insurance plan.

Health Services: http://health.columbia.edu

• Options: • Enroll, if you wish to have coverage and you are not full-time • Upgrade, from the Gold to Platinum Plan • Waive, if you have a comparable insurance plan which meets Health Services approval • Additional Information Health Service Fee: A mandatory $442 fee charged to all full-time students or students who enroll in the Columbia University medical insurance plan.

Student Services Online (SSOL) https://ssol.columbia.edu/ • • • • • Register for direct deposit View Academic Records Update your permanent address View your e-bill and make e-check payment View your financial aid information by directing you to our Online Financial Aid System

Student Services Online (SSOL)

Requesting a Refund GS Refund Request: https://gs.columbia.edu/student-account-refunds

Questions?

Office of Educational Financing • Award (“package”) Federal & GS Institutional Financial Aid • Process Federal and Private Student Loans • Counsel students on all student financing and federal aid processing issues • Administer New York State Aid for Part–Time Study (APTS)

Office of Educational Financing Quick Visits • • • Held each week day to answer quick questions, clarification of a specific financial aid issue, assistance with a form, and address similar concerns.

Does not require an appointment and will be limited from 5 to 10 minutes in length.

Depending on the number of students requiring Quick-Visit counseling, there may be a wait of 10 to 15 minutes for assistance.

• Schedule: http://gs.columbia.edu/financing-your-education • Monday to Friday (subject to change) • 10:00 to 11:30 a.m.; 2:30 to 4:00 p.m.

Office of Educational Financing Appointments • Typically a half-hour and are meant for more in-depth educational counseling issues and long-term planning. • Best way for a student to start the planning process for managing Columbia educational costs. • GS financial aid counselors will be available for appointments at various times each week. • To schedule a counseling appointment: • Email: [email protected]

• Phone: (212) 854-5410

Educational Financing Website

Federal Financial Aid • Two forms necessary to apply: • FAFSA – http://fafsa.ed.gov

(2014-2015 for Spring 2015)

• National form sent to a Central Processor • School Code: 002707 • Planned Enrollment Form • Completed online via the Online Financial Aid System

New York State Financial Aid • New York State TAP Award – • School Code: 0171 https://hesc.org

• Option 1: After FAFSA-on-the-web, access TAP-on-the-Web application at the confirmation page • Option 2: After FAFSA, HESC mails an Express Tap Application (Paper Process)

Available Aid | Federal and State Grants Federal Grants • Pell Max award: $5,730/year or $2,865/semester Based on full-time, this amount will be less for reduced enrollment • SEOG Max award: $1,300/year or $650/semester Based on full-time, this amount will be less for reduced enrollment State Grants • TAP (12 credits or more) Max award: $5,000/year or $2,500/semester • APTS (3 to 11.5 credits) Max award: $2,000/year or $1,000/semester

Available Aid |Work Study • Provides part-time employment and allows students to earn money for their educational costs.

• Awarded based on financial need.

• Job listings available online at: http://fws.columbia.edu

• Employment papers can be picked up at the Federal Work Study Payroll Office in 210 Kent Hall.

Federal Loans | Subsidized Loans

Federal Direct Subsidized Loan:

• Interest free loan while enrolled at least half-time (6 credits) • Fixed interest rate of 4.66% for loans disbursed through 7/1/14 – 6/30/2015 • Payments begin six months after graduation or cease to be enrolled for at least half-time (6 credits) • $3,500 (0 to 23 credits) • $4,500 (24 to 55 credits) • $5,500 (56+ credits)

Federal Loans | Independent Students

Federal Direct Unsubsidized Loan:

• Fixed interest rate of 4.66% for loans disbursed through 7/1/14 – 6/30/2015 • Interest begins accruing upon disbursement • Option to defer interest payments while in school • Payments begin six months after graduation or cease to be enrolled for at least half time (6 credits) • • $6,000 (0 to 55 credits) $7,000 (56+ credits)

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Additional Federal Loans:

Federal Direct Unsubsidized Loan • $2,000 Federal Direct Parent PLUS Loan • Amount based on cost of attendance minus financial aid

Available Aid | Private Loans • • • Suggested Lender Chart: http://sfs.columbia.edu

Apply online with the lender Students are not limited to these lenders – not an exhaustive list

Online Financial Aid System https://studentviewer.finaid.columbia.edu/ • Review missing financial aid documents • Review and accept/decline financial aid • Log in using your: • Columbia University ID# (CUID, C00_________) • PIN – Initially your date of birth (MMDDYYYY)

Online Financial Aid System

Additional Forms Required

Federal Direct Subsidized and Unsubsidized Loans

• Entrance Interview/Counseling • Reviews borrower’s responsibilities • Master Promissory Note (MPN) • Contract between the borrower and lender promising repayment • Completed online at: http://studentloans.gov

StudentLoans.gov

Financial Aid Strategies 101 Learn more about basic financial aid strategies and help make the financial aid process more understandable and manageable • Budgeting • Understanding your bill • How enrolling in summer impacts your aid • Plus, more important financial aid information and strategies: • 408 Lewisohn Hall, Baer Room Thursday, January 15 th from 1:00 to 2:15 pm • Friday, January 16 th from 9:30 to 10:45 am

Office of Educational Financing

Contact

• 408 Lewisohn Hall • Telephone: (212) 854-5410 • Email: [email protected]

• Typical Quick-Visits: • Monday through Friday • 10 to 11:30 a.m. & 2:30 to 4 p.m.

• www.gs.columbia.edu/financing-your-education

Questions?