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Finding Out What You Owe•MyUW•Changes in the Bill

Paying Tuition & Fees•Deadlines•Payment Options

Financial Aid Disbursement•Sign Your Promissory Note•Direct Deposit

Managing Your Finances•Taxes•Money 101

Contacts & More Information

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Parent Guide

http://www.washington.edu/parents/2

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Finding Out What Your Student Owes

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•Email notification (student’s should forward their email)

•View bill on line (MyUW)(MyUW)

•Download and print a copy

•Authorize individuals to have online, phone and in-person access to your tuition information

•Links to payment methods

E-Billing: E-Billing: The official UWThe official UW Bill Bill

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Return to Student Fiscal Services by

tuition due date for refund

$44 per quarter$100 withdrawal thru 7th day$20 replacement after 1st week

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Student InsuranceStudent Insurance

Finding Out What You Owe - Insurance

http://depts.washington.edu/ovpsa/insurance.html

Must make selection and/or any changes by 7th calendar day of the Quarter

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Paying Tuition

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LATE FEES$50 to $249.99 $50$250 and over $120

Students will have holds on registration and transcripts until the past due balance is

paid.

Paying Tuition - Deadlines

Your tuition payment is due on Your tuition payment is due on the 3rd Friday of the Quarterthe 3rd Friday of the Quarter

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Web CheckWeb Check

Paying Tuition – Payment Options 10

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NO FEE to use

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You may pay by check or You may pay by check or cash…cash…

Paying Tuition – Payment Options12

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Student or a 3Student or a 3rdrd Party May Pay by Credit Party May Pay by Credit CardCard

Paying Tuition – Payment Options

MyUW or https://sdb.admin.washington.edu/parents/ccpay.asp

There will be a convenience fee for each transaction

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Financial Aid

Disbursement

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Aid DisbursementAid Disbursement

Financial Aid Disbursement - Loans

Perkins LoanSign Your Master Promissory Note Online:

MyUW - Financial Aid Status

Federal Direct Parent Loanfor Undergraduate Students (PLUS)

1. Respond to the Letter from SFS Requesting Information

2. Sign the Master Promissory Note Online: dlenote.ed.gov

Stafford LoanSign Your Master Promissory Note Online:

dlenote.ed.gov

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Short Term LoansShort Term LoansMaximum available is $2500 (undergrad); $3200 (graduate/professional)

Apply to tuition or receive cash

MyUW’s Personal Services – click on “Short Term Loan Application”

Financial Aid Disbursement - Loans16

90 Day LoanFull Loan Amount

Due theFollowing Quarter

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Disbursement of Financial Aid: Disbursement of Financial Aid: Loans, Scholarships & GrantsLoans, Scholarships & Grants

Generally, tuition and fees are paid first

Financial Aid Disbursement

Depending on the stipulations of your sponsor, the balance may be available to you.

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You can receive your aid 2 You can receive your aid 2 waysways

1. Direct Deposit into your bank accountTo set up – log on to http://myuw.washington.edu

Go to Direct Deposit Transfer under “Student Personal Services”

In-person pick up of checks is not available

2. Through the US mail to your address A request needs to be made a day in advance of mailing:

web: www.washington.edu/students/sfs/email: sfshelp@u.washington.edutelephone: (206) 543-4694

Financial Aid Disbursement18

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Managing Your Finances

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For information read IRS publication 515IRS web site:

http://www.irs.gov/

UW tax web site:www.washington.edu/students/sfs/sao/maintax.html

Tax Questions for Student Fiscal ServicesEmail: taxquest@u.washington.edu

Managing Your Finances

IRS Taxes

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Did you know that the average undergraduate owes $3,262 on credit cards? Loan debt can burden students early on.

Money 101 can help! SFS offers money management workshops covering a variety of topics, including:

•Money Management Overview

•Spending plan•Credit (reports & scores)•Borrowing (loans & credit

cards)•Budgeting for Study Abroad •Investing

Managing Your Finances

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22 Student Fiscal Services SFS

Questions?

Student Financial Aid OfficeOr

Student Fiscal Services

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23Student Fiscal Services SFS

Student Financial Aid Office

• Handles applications for financial aid and scholarships

• Determines eligibility for and awards federal, state and institutional financial aid

• Monitors continued eligibility for financial aid

• Helps finalize award—collects required documents, removes holds

• Revises eligibility for aid and revises awards

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Student Financial Aid OfficeCounseling help with financial aid eligibility questions, revisions to aid, loan repayment

counseling and help with emergency financial situations.

Financial Aid Counselors available:Mon – Fri, 9-5 in Schmitz 105 (no appointment necessary)

phone at 206-543-6101 email at osfa@u.washington.edu

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Questions about:•Items on The Tuition Statement•Payment of Tuition and Fees•Outside Sponsor Payments•Aid Disbursement - After It Is Awarded•Money Management

SFS Advisors are experienced customer service representatives SFS Advisors are experienced customer service representatives ready to meet with every student in need of our services. ready to meet with every student in need of our services.

Call Call (206) 543 – 4694 or stop by to make an appointment.or stop by to make an appointment.

Student Fiscal Services

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26 Student Fiscal Services SFS

Student Fiscal Services

Want an immediate response between

8 am and 5 pm, Mon-Fri?

Live Advisor

129 Schmitz HallBox 355870

(206) 543 – 4694FAX: (206)685-2942

sfshelp@u.washington.edu

www.washington.edu/students/sfs

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For more information:Email: sfshelp@u.washington.eduPhone:206-543-4694Fax: 206-685- 2942

Student Fiscal Services129 Schmitz Hall1400 NE Campus ParkwaySeattle, WA 98195-5870

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