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Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

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Page 1: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

Money Matters

Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

Page 2: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

Student

Financial Aid & Scholarships

Cashiers

Student Billing

Student Loans

Parents

Academics

UO Housing

Sororities & Fraternities

Off Campus Housing

UO Bookstore

UO Health Center Local UtilitiesGrocery Stores

QuikPAY ®

Federal Loans

GrantsWork Study

UO Scholarships

Private Scholarships

Departmental Scholarships

Mobile Phone Bill Car Insurance

Gas

Restaurants

Tuition & Fees

Shampoo

Toothpaste

Spring Break Winter Break

Private Health Insurance

Long Distance Phone Bill

Parking Sticker

Parking Ticket

Library Fine

Group Hall Damages

Rec. Center Missing Equipment

International Studies

Matriculation Fee

Fees for Majors

Short-term Loans

Powell’s BookstoreAmazon.com

Smith Family Bookstore

Discounted Tuition

Page 3: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

STUDENT BILLING ACCOUNT• Charges

• Billing & QuikPAY

• Parents

• Financial Aid

Page 4: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

Complete the Revolving Charge Agreement

Page 5: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

CHARGES ON THE FALL BILL• Tuition and fees

– Matriculation fee

• Room and Board

Page 6: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

2015-16 CHARGESThese charges reflect a

student registered for 15 credits.*

Non-Resident

Resident

Fall $11,063 $3,818

Winter

$10,674 $3,429

Spring

$10,674 $3,429

Page 7: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

2015-16 ROOM & BOARD

These charges reflect a student living in a standard double with standard meal plan.

Fall $3,663

Winter $3,556

Spring $3,555

Page 8: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

BILLING & QUIKPAYBilling

Statements 15th

Payments Due 1st

Late 11th

Page 9: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

BILLING & QUIKPAY

Total due 1st of the month

Unpaid balances subject to interest and billing fees

Residents < $1,000Non-residents < $3,000

Page 10: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

PARENTS

• Family Education Rights and Privacy Act (FERPA) regulates ownership of students’ financial records.

• For access to a student’s billing statements, a parent or other third party must be approved – by the student – as an “authorized payer.”

Page 11: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

PARENTS

Authorized Payer Sign-up– students log on to Duckweb– For assistance, students can contact see the business office

Page 12: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

BILLING & QUIKPAY

Secure

Convenient

Page 13: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

QUIKPAY

Page 14: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

PAYMENTS• Can be made electronically by:

e-check credit card

• Credit cards payments are subject to a fee of 2.75% of the payment amount

• Payments can be made 24/7/365

• After the initial payment it only takes about 30 seconds to complete the next transaction

Page 15: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

TO DO:Authorize Title IV for financial aid disbursements to pay other charges

Page 16: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

FINANCIAL AID

Scholarships

Grants

Loans

Page 17: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

OUTSIDE SCHOLARSHIPS

Student Billing AccountStudent & UO Endorse

Check to Student

Student Billing Account

Payable to UOPayable to BothPayable

to Student

Page 18: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

OUTSIDE SCHOLARSHIPS

Less than $2500

Applied in full, fall term……unless the

donor instructs otherwise

Page 19: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

OUTSIDE SCHOLARSHIPS

$2500 or more

Applied in 3 disbursements……unless the donor instructs

otherwise

Page 20: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

CREDIT BALANCES

Will be refunded to student

• Mailed checks by default

• Direct Deposit is preferred

Page 21: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

DIRECT DEPOSIT

Page 22: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

WORKING

• Work Study

• Career Center

• Jobs & Internships

Page 23: Money Matters Presented by: the Office of Student Financial Aid & Scholarships and the Office of Business Affairs

FALL TERM

Books & Supplies

Personal Expenses

Be sure to also budget for: