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FINANCIAL AID & OFFICE
OF FINANCE VIRTUAL
INFORMATION SESSION
Teresa Rhyne, Financial Aid Director
Michele Hedspeth, Student Accounts
Coordinator
Carold Boyer-Yancy, Bursar
#5- CHECK YOUR VWU EMAIL
ACCOUNT AND FINANCIAL AID SELF
SERVICE
This is the way we
communicate with students.
• Let them know of changes
to their awards
• Documents we need to
finalize their awards
• If we have questions for
them or clarification on an
award
#5 (CONTINUED)- CHECK FINANCIAL AID
SELF SERVICE
What can be found on Financial Aid Self Service
• Check list- updated for each academic year
• Any line highlighted in YELLOW the student needs to do
something
• Financial Aid Satisfactory Academic Progress (FASAP) is listed at the
top after the first semester grades.
• GREEN- Meeting FASAP
• YELLOW- on Warning for FASAP (has the next semester to get
their cumulative GPA or pass rate up)
• RED- Not Meeting FASAP (aid has been suspended)
• Missing Documents- Documents we need to finalize aid- Links to all
documents needed are provided
• Important Links- FAFSA, VTAG Application, FAQ, Requirements for
Scholarships and Grants, Entrance Counseling/MPN, PLUS Loan Link
#4- WORK & LEARN PROGRAM
Provides work experience though:
Campus Cooperative ($1,250 Grant per semester)
Federal Work Study (can earn up to $1,250 per semester)
Both programs require you to work 10 hours per week
Federal Work Study
To be eligible, you need to have filed a FAFSA, have the need for Federal Work Study and have completed verification, if selected
Application site is currently open through WebAdvisor
Will receive a paycheck every two weeks for hours worked
Campus Cooperative
To be eligible, you need to have filed a FAFSA
Job information and applications can be found online at https://www.vwu.edu/campus-life/work-and-learn/campus-cooperative.php
If full hours are not worked, then the Grant will be adjusted for the hours not completed.
#3- VERIFICATION
GET IT COMPLETED EARLY
If you were selected for verification have you done the following:
Used the IRS Data Retrieval Tool on the FAFSA for BOTH Parent and Student
-OR- Order a copy of your 2018 IRS Tax Return Transcript (if IRS Tool doesn’t work) 1.800.829.1040 or www.irs.gov
-OR- Send us a signed copy of your 2018 IRS Tax Return
If you did not work, we will need a letter of Non-Filing from the IRS. This can be obtained at www.irs.gov. (For parents only)
Submitted Verification Track Worksheet
www.vwu.edu/admissions/financialaid/resourcs.php
Needs to be completed before
aid can be disbursed to student account
Apply for Work Study Jobs (accepting applications on August 3)
All VERIFICATION information are due by September 30. After this date the VWU grants may be adjusted based on funds available.
Upload all information to the SECURE LINK- Can be found at the bottom of any of our emails or on the right hand side of the Financial Aid Self service screen under links
#2- LOANS- STUDENT
Two types of Loans:
Subsidized- Does not accrue interest while in school
Unsubsidized- Does accrue interest while in school
No payments are due while you are attending school at least half time (6 credit hours per semester)
Students are automatically awarded for the highest loan amount available for first year students or their class level (Sophomore, Junior, Senior)
Accept the loans on Financial Aid Self Service (student needs to do this every year)
Complete the Entrance Counseling and sign Master Promissory Note.(Only needs to be completed the first year they take Federal Loans. These do not expire for 10 years.)
Both are completed at https://www.studentaid.gov
Changes to the amount to borrow- email [email protected]
#2(CONTINUED)- LOANS-
PARENT
Direct Parent Loan for Undergraduate Students
(DPLUS) Alternative Loan
https://www.studentaid.gov
If approved sign MPN
If denied, can get an
Endorser or File an appeal
If approved, will need to
complete PLUS Credit
Counseling and endorser
needs to sign a MPN also
Loans through a bank or
financial institution
Student’s Name, but will
need a co-signer with
good credit
www.elmselect.com
#1- CONTACT OUR OFFICE
We are here to help you through each step of the
Financial Aid Process
(not just this year, but for the next 3 also)
Teresa Rhyne, Director
Melanie Monk, Assist. Director, VA Certifying Official
Kala Baskerville, FA Counselor
757.455.3345
MILITARY BENEFITS
We are a Yellow Ribbon school
Students who qualify for 100% eligibility
GI Benefits will cover VWU Tuition and
Mandatory Fees
Melanie Monk is the University’s VA Certifying
Official
If you have military benefits, please contact her at
757.455.3207 or [email protected]
MYBEACON • Go to www.vwu.edu
• Click MyBeacon
• Then Financial Aid Self
Service
• Login is your 7 digit ID
number
• If you do not know
your password, please
email the VWU
helpdesk at
FINANCIAL AID SELF SERVICE HOME PAGE
MISSING DOCUMENTS
AWARDS- SCHOLARSHIPS & GRANTS
AWARDS- LOANS
Marlin Nation Orientation
Office of Finance and Administration
Office of Finance & Administration
• Boyd Campus Center near the Dining Hall
Hours 8:30 – 4:30
Staff:• Carold Boyer-Yancy - Bursar• Lindsay Sands - Student Accounts Supervisor• Michele Hedspeth - Student Accounts Coordinator• Ronda Rothwell - Cashier
Fall 2020 bills are available online
• Payment due by August 7, 2020• Bills will reflect all finalized financial aid• View at www.vwu.edu via MyBeacon
Payment Options:
• Online ACH (no fee) and credit card payments throughBill Payment (with a 2.85% convenience fee for credit cards). Online payment is the University’s preferredpayment method
• Check (mail/dropbox)
• Payment Plans – Interest-free through Bill Payment
Student Health Insurance: • All students are required to have health insurance
• Provide proof of insurance and/or insurance waiver by August 31, 2020. The online waiver can be found at www.firststudent.com
• All students will be charged until a waiver is completed
• VWU offers health insurance through United Healthcare The annual cost is $2,286 Coverage is from August 1, 2020 through July 31,
2021
If not waived by the August 31, 2020 deadline, the health insurance fee will not be refunded
Disclosure of Tuition and Fees Consent Form (DTF):
• The DTF form acknowledges that the student accepts full responsibility of tuition and fees and other associated costs assessed as a result of registration and/or receipt of services. Acceptance of these terms constitutes a promissory note agreement to pay student’s financial obligation
• Complete your DTF form no later than the first day of school and return to the Office of Finance and Administration via email at [email protected]
An optional debit account to be used on campus
• Scribner University Store• Boyd Dining Hall• Harbor Grille• Coastal Market
The student ID card is used for Marlin $
Money can be added to the Marlin $ card in various ways:
Online : https://www.vwu.edu/about/campus-offices/finance-and-administration/marlin-card.php
Transfer: If tuition account reflects a true credit, funds can be transferred if requested
In person: Using the dropbox to drop off you check. ( No cash)
Money placed on the Marlin $ account will roll over from year to year
Meal plans are associated with your housing• 15 meal plan = 15 meals per week + 100 bonus points
• 10 meal plan = 150 meals + 125 bonus points
• 7 meal plan = 7 meals per week +75 bonus points*Meals plan cannot be reduced
Commuter Meal Plans per semester• 80 meals + 80 bonus points
• 60 meals + 60 bonus points
• 40 meals + 40 bonus points
Refunds are based on the date you notify the Registrar’s Office
Refund Policy:• Prior to the first day of classes – 100% refund of
tuition/room/board
• First week of classes – 90% refund of tuition/room/board
• Second week of classes – 50% refund of tuition/room/board
• Third week of classes – 25% refund of tuition/room/board
• After the third week of classes – no refund
* Fees are non refundable
Go to www.vwu.edu, choose MyBeacon at the top of the page.
Then click on Bill Payment.
Once you select Bill Payment, the below screen will appear, select “Sign in to one of the following sites”, then from the Dropdown, select “TouchNet(PROD)” and then log in with your VWU credentials.
View your account activity
Add Authorized User(s), i.e. parent/guardians
Set up a semester payment plan
VWU offers three interest-free semester payment plans: • 5 month plan begins on July 10th
• 4 month plan begins on August 10th
• 3 month plan begins on September 10th
Each plan has $50 set up fee due at time of registration
You will be charged a $25 Late Payment Fee if past due
View Fall 2020 bill online
www.vwu.edu via MyBeacon
Payments are due August 7, 2020
Add an Additional User(s), i.e. parent/guardians
Set up your semester payment plan
Enroll/waive health insurance by August 31, 2020 at www.firststudent.com
Complete and hand in your DTF form no later than the first day of class to the Office of Finance and Administration
Office of Finance and Administration email: [email protected]
Stay safe, stay well and welcome to the Marlin family!
