unlocking the tuition bill mystery fall 2010. why a college education? earning potential: - 73%...

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UNLOCKING THE TUITION BILL MYSTERY Fall 2010

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UNLOCKING THE TUITION BILL

MYSTERY

Fall 2010

Why a College Education? Earning Potential:

- 73% more than High School only - 2.7% unemployment vs. 8.5%

Quality of Life:- better benefits (health care, vacation, etc)- improved working conditions- longer life expectancy

Public Benefit:- 80% vote vs. 50% High School only- 2 times as likely to perform volunteer work

Source: Institute of Higher Education Policy

Bursars Office Personnel Doreen Flasher: Customer Service Representative

[email protected]

• (814) 641-3302 Peggy Lockhoff: Cashier

[email protected]

• (814) 641-3188 Susan Shontz: Bursar

[email protected]

(814) 641-3304

COMMUNICATION

IMPORTANT DATES

2010 FALL:

7/07/10 FALL E-Bill available

8/13/10 FALL BILL DUE

2011 SPRING:

12/03/10 SPRING E-Bill available

1/07/11 SPRING BILL DUE

Online Statements- Real-time account info- Past history

Current account detail is available online at any point in time. To view your bill, simply have your student authorize you through CashNet.

Additional resources for understanding your semester bills can be found at http://www.juniata.edu/services/bursar/

Mandatory Charges

TUITION (12 – 18 credits) $ 16,060 ROOM $ 2,365 PLAN 1 (MEALS) $ 2,125 TECHNOLOGY FEE $ 195 HEALTH CENTER FEE $ 90 ACTIVITY FEE $ 75 TOTAL $ 20,910

1st Semester Board Plans

PLAN 1 19 meals per week

$ 2,125 /SEMESTER

Freshman are eligible to choose from additional board plans after the first semester.

Miscellaneous Fees

SPECIAL COURSE FEES

LABS

FIELD TRIPS

PHOTOGRAPHY OR POTTERY PRIVATE MUSIC LESSONS TRAFFIC FINES BUILDING DAMAGE ID OR KEY REPLACEMENTS

Bollinger Accident and Sickness Insurance

$183 PER YEAR

Charge for coverage will appear on your first statement for the academic year.

If you already have coverage and wish to waive the charge, please complete waiver located in the spring e-Bill notification or

our website and return no later than 9/30/10.

No changes or refunds will be processed after this date.

Additional Credits Appearing on Statement

Active TMS payment plans Early payments received Estimated Financial Aid and Loans

– It will still be necessary to complete process to acquire Aid and Loans, this is only an estimation based on your latest award package.

Assistance with Billing Questions

Website information provides direct links and contact info for other offices

Email [email protected] or call

1-877-JUNIATA if website information does not answer your questions

Payment Methods Cash, Check, Money Order payable to Juniata College,

please include student’s name and ID.No CashNet - Make payments online via ACH or credit card.

There is no fee for an ACH payment. There is a 2.75% fee for credit card payments

TMS- Monthly Payments 30/60 day Short-term Loans for special circumstances –set

up through Accounting Services, ext 3302. Avoid late fees: let us know if there is a reason why the

bill has not been paid. Late Fees accrue monthly at the rate of 1.5% of the unpaid balance after the due date.

COMMUNICATION is ESSENTIAL

A Proven Partnership: Juniata and Tuition Management Systems (TMS)

Contact TMS:Phone 800-356-8329Online:

www.afford.com or from: www.services.juniata.edu/finance

Set up Pay in full - Credit Card payment or ACH transactionSet up monthly payment plan with TMS – the year or the semester.Apply for loan fundingCost

– Credit Card 2.99% of transaction amount – ACH No fee transaction– Monthly Payment option $65 enrollment fee due with first

payment (includes life insurance at no extra cost)10 Month Plan begins July 15th All plans end with last payment due on April15th

CashNet Online payments (Tuition or Flex Dollar’s) Credit Card

– American Express, Discover, Master Card and Diners Club (2.75% fee assessed)

E-check or ACH (no fee) Students can give parent access to view online

statements and make electronic payments Sign up for E-refund. No waiting for a check to

be issued. Automatic deposit into the bank account of your choice.

PLEASE RETURN THE FOLLOWING TO

ACCOUNTING SERVICES

Payment Insurance Waiver-if applicable Remittance Form with notes (located at

Bursars website: http://www.juniata.edu/services/bursar/

Reconciliation (refer to sample reconciliation )

Please note any differences between the amount due on the statement and actual amount paid on the remittance section.

Include copies of any documentation to verify adjustments made.

Can also be used to request College to retain credit balance for future charges.

Sample Statement(Page 1 –Summary)

Page 2 – Statement Detail

Example of Remittance Form andInsurance Waiver

WELCOME TO JUNIATA!

Your sons and daughters are now on their way to a more productive,

lucrative and fulfilling future!

THANK YOU

If you have any questions or need additional information please feel free to contact any one of our Bursars Offices’

professionals.