CBSStudent Financial Services Orientation

Student Financial Services StaffRoshanna Hardison - Director of Student Financial Services Roshanna.hardison@cbshouston.edu 832-252-0728Tamika Price - Student Financial Services Advisor, Last Names A-LTamika.price@cbshouston.edu 832-252-0730Alberto Salazar – Student Financial Services Advisor, Last Names M-Z and SpanishAlberto.salazar@cbshouston.edu 832-252-0716Ali Brown- Student Financial Services Associate Ali.brown@cbshouston.edu 832-252-0710

ServicesFinancial aid, student accounts/billing

Office Hours Monday , Tuesday , Thursday 8:30am-7:30pm Wednesday 8:30-6 pm

Phone: 832-252-6402 Email: student.accounts@cbshouston.edu

Financial aid consists of funds provided to students and families to help pay for postsecondary educational expenses

Sources Federal government Veteran’s Affairs States Private sources Civic organizations and churches Employers

What is Financial Aid

FAFSA on the Web

Web site: www.fafsa.gov Can apply every January 1st for the upcoming award yr.

1. 2013-14 FAFSA became available on January 1, 2013 Sign FAFSA electronically with pin May be used by students and parents throughout aid

process, including subsequent school years You will need to use CBS school code 0034224

Federal aid Have a high school diploma or equivalent or GED Be admitted in the Bachelors or Associates Degree

Program Be a US citizen or eligible non-citizen Not be in default on any federal student loan, or owe

money on federal student grant

Institutional aid All of the above Awarded based on meeting SAP Can also receive if in Bible Certificate Program

Eligibility for Financial Aid

1. Institutional Student Information Record (ISIR) sent to colleges listed on FAFSA approximately 7 to 10 days after FAFSA submitted

2. College reviews ISIR- May request additional documentation,

such as copies of federal tax transcript. 2-3 weeks processing time.

Special Circumstances Cannot report on FAFSA Provide information to SFS office

FAFSA Processing Results

Types of Financial Aid at CBS

Pell Grant & Scholarships

Does not have to be paid back

Awarded based on need and enrollment

CBS scholarships awarded based on meeting SAP standards and enrollment

Loans Money students and parents

borrow to help pay college expenses

Repayment usually begins after education is finished

Only borrow what is really needed

Look at loans as an investment in the future

CBS Online Application and Accepting Awards

Acceptance of Awards

Student Billing(myrecords.cbshouston.edu)

Disbursements and Refunds

After your fees and any other charges on your CBS student account are paid, any remaining financial aid will be refunded to you by check in the mail.

Generally, if Student Financial Services has disbursed aid onto your student account and a credit is created, you can expect to receive a refund approximately 5-14 business days later.

Enrollment Go to myrecords.cbshouston.edu Log in Go to “Billing” tab Click on “Make a payment/payment plan”Requirements Automatic bank payment (ACH) Credit/debit card $25 per semester nonrefundable enrollment fee $30 returned payment fee No minimum balance to participateAdvantages Easy online enrollment Monthly payment plan Flexible payment options No interest

Payment Plans

Student Responsibilities(pay attention to emails)

• Always refer to SFS office for questions about account• You MUST accept your awards in order for aid to be disbursed

1. Loans may be cancelled if not accepted within 30 days• Notify of any enrollment changes (Add/Drop)• CBS reserves the right to correct any errors made on financial aid

awards• Update address of record• Maintain SAP (GPA and Completion ratio)

1. Grades of F, W, WA, and I are not considered as satisfactory completion.

2. Warning, suspension, probation

Thank You