College Graduates • Research shows that college graduates, on average, make $1 million more throughout their lifetime than those without a college education. • Current unemployment rate for college graduates (2.7%) is about half the rate for the general population (5.7%) • A college education: • Raises the likelihood of civic involvement and voting • Lowers rates of obesity and smoking • Improves the quality of family life Sources: bloomberg.com/news forbes.com/news
Academic Excellence
Points of Pride • Fastest growing public university in Illinois during the last 20 years. • U.S. News & World Report Best Colleges of 2018 lists SIUE among the best Regional Universities Midwest for the 14th consecutive year. • SIUE is ranked 11th in the country among the safest college campuses according to the National Council for Home Safety and Security.
Paying for College Quick Facts
Financial Aid Options Institutional and Private Scholarships Grants • Federal and state funds that do not need to be repaid
Student Employment • Earn money while working on campus
Loans • Low interest loans that must be repaid
FAFSA Information fafsa.ed.gov • Complete your FAFSA as soon as possible after October 1 • FAFSA is processed by government • SIUE receives FAFSA information • Review your award letter or the request for verification information on CougarNet
Award Letter or Verification Award Letter
Verification
• Statement of Estimated Financial Aid mailed
• Check CougarNet for established requirements
• Award letters will be posted in CougarNet
• Turn in all required documents by July 1
• Accept or decline by July 14
What is Verification? Have I Been Selected? • Why do I have to be verified? • How do I know I’ve completed the verification process? • What is the verification process timeline? • What is the Selective Service requirement?
Your Award Letter in CougarNet is Based on the Following: • Cost of Attendance/Budget • EFC (Expected Family Contribution) • Available Aid
Examples of Need-Based Aid • Grants (Pell, MAP, SEOG, etc.) • Federal Student Employment • Scholarships • Subsidized Loan
Loan Options Loans are considered financial aid and must be repaid • Federal Direct Loans (student) • Subsidized and Unsubsidized • Federal Direct PLUS Loans (parent) • Alternative Loans (student and/or parent) • Funds issued by private lenders through the school
Tuition and Fees • Undergraduate • Two semesters • 15 semester hours each • Room and board based on a shared room in a freshman residence hall, and meal plan A
Description
Tuition and Fees
Cost
$12,132
Housing
$6,201
Meal Plan
$3,560
Total
$21,893
• Campus Housing activity fee included • Includes the cost of renting basic textbooks
Based on information available at siue.edu/paying-for-college
Family Educational Rights and Privacy Act (FERPA) Protects student educational records • Academic progress • Financial data
Students “own” their educational records. Data may not be disclosed without student consent. • Not even to parents!
Authorization form • Provides consent for billing and financial aid information • Requires notarized signature of student or the signature must be witnessed by an employee from the Office of the Bursar or Financial Aid (authorization form must be downloaded from siue.edu/bursar/forms) • An authorization form has been provided in the student folder • Password protected
Authorization to Release Information Form
Student Responsibility for Payment of Educational Services • The Financial Agreement details the financial responsibility that students accept upon registration • Available in CougarNet under “Student” and “Registration” • Agreement must be accepted online each semester before registration • Students are not relieved of their financial responsibility unless they officially withdraw from classes within the published deadlines for tuition and fee refunds
How Will I Receive My Bill? You will receive an eBill email notification • Provides the payment due date • Prompts you to view your updated bill at siue.edu/paymybill or in CougarNet
Check your account often! Amount due may change if: • You add or drop classes • Your aid does not pay or is reversed • You have other activity on your account
Students can authorize parents or other third parties to receive the same eBill notification • Visit siue.edu/bursar/bills for instructions or pick up instruction information from our table • Friendly tip! Make sure your password is easy to remember
Don’t Get Dropped! To avoid being dropped from classes and to access University Services, you must be financially cleared. • Your financial clearance status appears in CougarNet (updated nightly) • “Not Cleared” means take action: make the minimum payment or have
enough financial aid available to pay your entire balance • “Cleared” means you are officially enrolled and will not be dropped
How does financial aid affect my bill and financial clearance? • Financial aid pays toward current semester charges • Unless financial aid covers the entire balance, a payment will be required by the first installment due date Financial clearance does not mean your account is paid in full; it means you have made the minimum payment to be officially enrolled and will not have your classes dropped.
How Do I Make My Payment? Pay your bill online at siue.edu/paymybill. Online payments must be completed before 4:30 p.m. CST on the payment due date. Pay online • eCheck – no service fee • Credit Card – 2.75% service fee Pay by mail – checks only Pay in person – cash or check Optional Installment Plan • $30 charge per semester • First installment payment secures registration If the first payment is late or missed, student will be dropped from classes.
Fall Billing and Payment Schedule Bill Date
Payment Due
July 14
August 10
September 1
September 21
September 22
October 12
October 13
November 2
Reminder! If the first installment is not received in our office by 4:30 p.m. CST on August 10, the student will be dropped from classes. A due date reminder card is in your folder.
View Your Bill and Pay Online siue.edu/paymybill Student Login
Students:
Third Party Login
Students: Authorize a Third Party
Enter your e-ID and password (the first half of your SIUE email address (example: jsmith)
Third Party: Enter your User Name (assigned by your student) and password (one that you chose when you registered) Students may also view their bill using the Bursar icon on the SIUE mobile app or directly through CougarNet. Select Student, Student Account and Student Bill.
Pay My Bill Preview Your Account Account Balance Installment Amount Due
$10,206.5 0 $1,579.12
Summary of balance & amount due. The Account Balance does not reflect anticipated financial aid.
For itemized charges, pending financial aid and payments click here. POPUP BLOCKER MUST BE DISABLED!
Account Detail (turn off pop-up blocker (see Help-MISC on how to))
Payment Due Date Make Payment (Credit balances are not displayed)
Springboard to Success (First-time Freshman Only )
The last payment received was for $0.00 on x/x/20xx.
Students, authorize parent or 3rd party here:
Parent PINs Add New You currently do not have any Third Party Users set up.
Click here to authorize a parent or third party.
Account Detail for Term
800xxxxxx John Q Student Today's Date
SOUTHERN ILLINOIS UNIVERSITY EDWARDSVILLE At A Glance - Jul 8, 2018 $10,946.50
Total Balance:
$4,750.00
Pending Aid:
Include account number if paying by check!
Payment due date is Aug 10, 2018
To Pay in Full:
$6,196.50
To Pay Installment:
$1,579.12
Anticipated Refund: Financial Clearance: (Updated Nightly)
$0.00 Not Cleared Students must be financially cleared on or before the first payment due date by 4:30 pm CST to avoid having classes dropped.
Payment Options Online Payment Payment must be made by 4:30 pm Central Time to be considered the same business day.
Mail a Payment Please include the student's ID number (begins with 800) and allow 7 days for post office delivery.
Financial clearance status is updated nightly. If student is not cleared, action must be taken.
201835 Fall 2018 Term Detail Jul 7, 2018 Description Item Date
Charge
Payment
Balance From Other Terms:
Balance $0.00
Tuition Instate (UG)
7-Jul-18
$4,561.50
General Student Fees
7-Jul-18
$1,504.50
Housing
7-Jul-18
$3,085.00
Meal Plan A or B
7-Jul-18
$1,780.00
Housing CHAF
7-Jul-18
$15.50
Fall 2018 Subtotal:
$10,946.50
Total Balance:
$10,946.50
For a description of the mandatory fees, please click here. Authorized Financial Aid as of Jul , 2018 Description
Expected Payment
Cougar Pride Scholarship
$1,500.00
Authorized Financial Aid Total:
$1,500.00
Authorized Aid: Financial aid requirements are complete and aid will pay to your account. Memos as of Jul 7, 2018 Description
Expected Payment
Federal Direct Loan Sub
$2,250.00
Fedl Direct Loan Unsub
$1,000.00
Memo Total:
$3,250.00
Memos: May include payment pending from third party agencies such as College Illinois or your employer OR Financial aid offered and accepted, but you have not completed all requirements (such as Federal Direct Parent Loan PLUS). Unless you complete all requirements, financial aid memos will be removed from your account after the first payment due date for the semester. Check status of your Financial Aid Requirements on CougarNet.
Fall 2018 Installment Plan Description
Due Date
Amount
Installment Amount
10-Aug-18
Installment Plan Fee
10-Aug-18
$30.00
Installment Amount
21-Sep-18
$1,549.12
Installment Amount
12-Oct-18
$1,549.12
Installment Amount
02-Nov-18
Installment Plan Total:
$1,549.12
$1,549.14 $6,226..50
Tuition, fees, housing and meal plan charges are included in the installment plan and spread over four installments (three in Summer semester). Other charges (previous balance, parking fines, late fees, etc.) are not part of the installment plan and are due when billed. Payment due by Aug 10, 2018 To Pay in Full:
$5,456.50
To Pay Installment:
$1,549.12
Download the SIUE App!
Bursar Information
How Do I Receive My Refund? What do I need to do? • Direct deposit is preferred • Enroll through CougarNet • Instructions can be found at siue.edu/refund and are also included in your folder • All future refunds will be automatically deposited to your bank account
When will I receive my refund? • Financial aid must be posted to your account resulting in a credit balance • Refunds begin the Friday before classes begin and continue weekly through the semester For more information, visit siue.edu/refund
Contact Us Student Financial Aid 618-650-3880 finaid@siue.edu Office of the Bursar 618-650-3123 bursar@siue.edu If emailing, please be sure to include your full name and student ID number.