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STUDENT FINANCIALS 101
MONEY MATTERS
STUDENT FINANCIAL
AGREEMENT
Before a student can register, the student must
e-sign a Student Financial Agreement. This is,
in general, a promise to pay for all charges
posted to the student’s account.
GRANTING ACCESS TO
OTHERS (STUDENT VIEW)
BILLING E-MAIL (no paper bills)
• Bills are emailed from [email protected] around the 11th of
the month with a direct link to the online payment screen.
Example Email:
• Total Amount Due = Pay the account total in full
• Minimum Amount Due = Payment Required to Keep Account
Current
9
HOW TO LOG ON
WHAT YOU SEE WHEN YOU
LOG ON (PARENT VIEW)
VIEW e-Z BILL
VIEW e-Z BILL - MESSAGES
VIEW e-Z BILL – LINKS
Billing and Due Dates
• Up to five payments per semester
• Beginning in July, billing is done the 11th of each month unless that falls on a weekend or holiday – then it is the next business day after.
• The bill is always due on the 1st of the next month, therefore, your first payment is due by AUGUST 1st.
NO PAYMENT PLAN
• Must pay at least the minimum due AUGUST 1st
(minimum amount due is basically = 1/5th
Tuition, Fees, Room, Meal Plan, Health Insurance - Anticipated Financial Aid).
• To avoid automatic payment plan – Pay the remaining total amount due by SEPTEMBER 1st.
PAYMENT PLAN
3 Remaining Payments Per Semester
• No need to enroll - enrollment is automatic if the bill is not
paid in full by September 1st (for Fall) or February 1st (for
Spring).
• What is the Payment Plan Fee? A percentage (with $100
maximum per semester) of remaining tuition, fees, room,
board, and health insurance charges.
• Students will receive a Truth-In-Lending (TIL) statement in
September and February due to being charged a Payment
Plan Fee. Please DO NOT PAY from the TIL statement.
SPRING AND SUMMER
• Billing for Spring begins December 11TH and the first payment is due January 1st .To avoid the payment plan for Spring, pay the total amount due by February 1st. If on the payment plan, the remaining payments are due March 1st - May 1st.
• If your student attends summer school, there is no payment plan for summer. This means you owe for Summer on May 1st as billing for summer begins in April.
HOLDS and LATE FEES
If the Minimum Amount Due is not paid by the 1st of
the month, a Hold is placed on the student’s
account.
A LATE FEE (1% of the payment or a minimum of
$7.50) will be assessed if the minimum amount due
is not paid by the 10th of the month.
CONSEQUENCES IF MINIMUM
IS NOT PAID BY THE DUE DATE
• No advance registration for classes or housing. This includes
current or future terms.
• ID card cannot be used to add additional charges to the
student account.
• No transcripts allowed.
• It’s early, but students cannot graduate with a balance due!
MAKING PAYMENTS
• On-line via TCU’s website
• Mail – TCU Box 297077 – Checks only (payable to TCU
and please include TCU ID number)
• Set TCU up as payee in on-line banking.
• Pay in person by cash, cashier’s check, check, money
order in Sadler Hall, Room 2011.
• Wire payments
ONLINE PAYMENTS
Last Name
TCU ID
Payments made after 3:00 pm are processed the next day.
ONLINE PAYMENTS
Keep Calm and Click Continue
ONLINE PAYMENTS
“Web-Check” No Extra Fees
Debit or Credit Card Extra 2.85%
ONLINE PAYMENTS
• “Web-Check” payments – NO FEE
• Debit Cards do incur a 2.85% non-refundable
fee (see NO FEE option above)
• Credit Cards: American Express, Discover,
MasterCard, VISA with a non-refundable 2.85%
Transaction Fee (separate line item on credit
card statement)
DEWAR TUITION
INSURANCE REFUND PLAN
• $176 Per Semester (Fall/Spring only)
• Covers tuition not refunded under TCU Policy up to an 80% refund – submit claim form to Dewar (must be for qualified medical reason and under a doctor’s care).
• As soon as enrolled in at least 12 hours, students can opt out of this coverage - opt out is good for the spring as well, but can opt back in before deadline.
• Deadline to opt in/out for Fall is 8/30/2019. Students can also opt in/out for Spring.
WAIVING TUITION INSURANCE
WAIVING TUITION INSURANCE
Term (s) 2019 Fall Term / 2020 Spring Term
Slide button to “Yes” and then “Save”
REFUND REQUESTS
• Refunds are issued once a week. The deadline to request a refund is noon Monday to get refund processed by Friday. The student must request the refund through the student portal. (my.tcu.edu)
• Refunds will also be issued according to Title IV regulations.
• Credits must first be refunded to a credit card if payment was made during the previous 2 months with the card.
• Refunds can be direct deposited. The student must set up direct deposit through the student portal. (my.tcu.edu, Student Account tile)
THIRD PARTY BILLING
If your account is paid for by a third party, you must
let us know. We will then place a credit on the
student’s account and bill the agency.
Examples:
• Texas Guaranteed Tuition Plan (also known as
Texas Tomorrow Fund) – [email protected]
• Post 9/11Yellow Ribbon - [email protected]
• Army ROTC - [email protected]
• Air Force ROTC - [email protected]
529 PLANS
• Contact the Administrator of the Plan
• Funds can be sent to TCU by check or
wire (most are by check)
• All correspondence must include the
student’s name and TCU ID number
Student Financial Services
Sadler Hall – Suite 2011
Phone: (817) 257-7836
Email: [email protected]
Website: https://vcfa.tcu.edu/student-accounts/
Hours (Monday – Friday)
Walk-In: 8:30 AM – 4:00 PM
Phone: 8:00 AM – 5:00 PM.
Q & A
Questions?
