Money Matters

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Transcript Money Matters

Office of Student
Accounts
& Bursar
Orientation
Fall 2014
www.stonybrook.edu/bursar
|
(631) 632-BILL
UNIVERSITY TUITION AND FEE BILL
All billing is done electronically; No paper billing
statement will be generated or mailed.
- Bill is available online on “SOLAR”
- “SOLAR Messages” and email notifications will
be sent regarding billing and payment due
dates
- You will be able to pay online on SOLAR using
a credit card, or via electronic check
http://www.stonybrook.edu/bursar/policy
PARENTAL / THIRD PARTY SOLAR ACCESS
• As the SOLAR system includes the student’s
academic records, there is no third party access to
the system *except as delegated by student
• This is mandated by the Family Educational Rights
and Privacy Act (FERPA)
• Students do have the option to add up to two
additional “Billing Notification” email addresses, or
up to 10 delegates, if they wish to assign billing
access to another party
http://www.stonybrook.edu/solar
SETTING A BILLING NOTIFICATION
EMAIL ADDRESS
Students may specify additional email addresses to
receive billing information. Sign up in SOLAR
under “Campus Financial Services.”
http://www.stonybrook.edu/solar
DELEGATED ACCESS
Students now have the ability to grant third parties
(parents/guardians) direct access to their bill on
SOLAR!
DELEGATED ACCESS
• Delegates will receive their own User ID and
password
-
More than one student? No problem! Delegate accounts can access
multiple students, so long as each has granted access.
• Currently, students can only grant access to their bill
-
Future plans: Time Option Payment Plan, Health Insurance Waiver,
1098-T forms…
• Interested? Ask your student for access today!
BILLING DUE DATES AND LATE FEES
When will my bill be available?
-
Billing for the Fall semester generally starts in
July for registered students
-
Bills remain available at all times on SOLAR
When is my bill due?
-
Bills for Fall are due by August 15th
http://www.stonybrook.edu/bursar/policy
BILLING DUE DATES AND LATE FEES
What is the consequence for not paying my bill by
the due date?
- You will incur late payment charges of up to $50
per month for each month that the bill remains
unpaid
-
Stony Brook University does not de-register
students from the term for non-payment
-
Delinquent accounts will also be blocked from
further registration; Transcripts and other
academic records will be held
http://www.stonybrook.edu/bursar/policy
VIEWING YOUR BILL ONLINE
Your bill is viewable on SOLAR under
“Campus Financial Services.”
http://www.stonybrook.edu/solar
123456789
Student Name
Charges and Credits

Financial Aid and Refunds

FALL 2014 (PROPOSED)
SEMESTER CHARGES
•
•
•
•
•
•
Tuition (New York State Resident)
Tuition (Out-of-State Resident)
Total Fees
-Academic Excellence Fee
-Activity Fee
-College Fee
-Intercollegiate Athletics Fee
-Campus Recreation Facilities Fee
-Student Health Services Fee
-Technology Fee
-Transportation Fee
Required Student Health Insurance
Double Room Charges
Meal Plan 3 (Gold)
New York State Resident Student Total
Non-Resident Student Total
Commuter Student Total
$3,085.00
$9,795.00
$1,130.25
$975.00
$3,776.00
$2,283.00
$11,249.25
$ 17,959.25
$ 5,190.25
Charges may vary based on enrollment, housing and meal plan options, and a variety of other factors.
For the most current information, please visit: www.stonybrook.edu/bursar/tuition
ANTICIPATED FINANCIAL AID AND
REFUNDS
How are refunds processed?
Direct Deposit Refunds
•
•
•
•
•
Run Daily
Refund is transferred directly to enrolled checking account
Time from disbursement to refund is generally 1-3 days
Direct deposit enrollment is easily done on SOLAR under Campus Financial
Services
At any point in the term, you can edit or delete this option
Paper Check Refunds
•
•
Run only twice per month
Can take 1-2 weeks from the time of disbursement to refund
http://www.stonybrook.edu/bursar/withdrawals
TIME OPTION PAYMENT PLAN (TOPP)
•
TOPP is a semester based plan. You must join each
semester in which you would like to participate
•
There is a non-refundable $40 application fee each
semester
•
There are two TOPP plan choices:
-4 Payment Plan (Fall)
• Enroll by August15th
• Payments due by 15th of August/September/October/November
-3 Payment Plan (Fall)
• Enroll by September 15th
• Payments due by 15th of September/October/November
http://www.stonybrook.edu/bursar/topp
TOPP enrollment is
completed on
SOLAR under
Campus Financial
Services, and…

…upon receipt
of your first
payment

TIME OPTION PAYMENT PLAN (TOPP)
•
Stony Brook University does not maintain credit card or
e-check payment information. Students need to provide
payment each month (even on TOPP)
•
Students are sent two monthly SOLAR messages
regarding payment due dates
•
Failure to make a scheduled monthly payment results in
removal from TOPP and the assessment of late fees
•
TOPP recalculates the installment amount due if the
balance increases/decreases (ex. Add/drop class)
www.stonybrook.edu/bursar/topp
TUITION AND FEE LIABILITY
•
When dropping classes below a full-time credit load,
students may be responsible for a portion of the
tuition and fee charges for any course dropped, in
accordance with the Tuition Liability Schedule
•
This schedule is published on the academic calendar
for each term
•
Students who register for courses and who do not
file the appropriate withdrawal or do not drop before
the end of the fourth week of classes are liable for
their full charges
http://www.stonybrook.edu/sb/calendars
TUITION AND FEE LIABILITY SCHEDULE
Withdrawal Date
Tuition Liability
Fee Liability
On or Before 8/31/2014
0% (None)
0% (None)
9/01/2014 – 9/07/2014
30%
100% (No Refund)
9/08/2014 – 9/14/2014
50%
100% (No Refund)
9/15/2014 – 9/21/2014
70%
100% (No Refund)
On or After 9/22/2014
100% (No Refund)
100% (No Refund)
Welcome to
Stony Brook!
Thank you for your attention.
www.stonybrook.edu/bursar
(631) 632-BILL