Financial Aid OfficeFinancial Aid OfficeJill RobertsonJill Robertson

Director of Financial AidDirector of Financial Aid

finaid@mines.edufinaid@mines.edu303-273-3220303-273-3220

WHAT YOU SHOULD WHAT YOU SHOULD KNOW KNOW

FERPAFERPA

We cannot speak to your parents regarding We cannot speak to your parents regarding your financial aidyour financial aid

Please help us to help your parents:Please help us to help your parents: Email us from your Mines email with parent’s Email us from your Mines email with parent’s

questionsquestions Come in with your parentsCome in with your parents Set up a time to come in and we can call your Set up a time to come in and we can call your

parentparent Telling them to contact us will only create Telling them to contact us will only create

frustration frustration

Financial Aid Financial Aid

Your aid should have credited to your Your aid should have credited to your account on Friday (8/20/10) IF:account on Friday (8/20/10) IF: All your documents and requirements were All your documents and requirements were

complete (ie verification docs, loan forms)complete (ie verification docs, loan forms) If the funds are not showing as credited on If the funds are not showing as credited on

your billing statement, check the your billing statement, check the ‘Applicant Requirement’ tab on the ‘Applicant Requirement’ tab on the Financial Aid section of TrailheadFinancial Aid section of Trailhead

Problem? Come see us or email us!Problem? Come see us or email us!

Outside ScholarshipsOutside Scholarships

Per federal regulations, all outside Per federal regulations, all outside scholarships must be reported to the Financial scholarships must be reported to the Financial Aid Office even if the check is made out to the Aid Office even if the check is made out to the student.student.

You can report scholarships online using the You can report scholarships online using the form link under ‘Scholarships’ on the main form link under ‘Scholarships’ on the main Financial Aid website from Financial Aid website from http://inside.mines.eduhttp://inside.mines.edu

Submit all outside scholarship checks to the Submit all outside scholarship checks to the Financial Aid Office NOT the Cashier’s OfficeFinancial Aid Office NOT the Cashier’s Office

Satisfactory Academic Satisfactory Academic ProgressProgress

ScholarshipsScholarships 24 credit hours (fall/spring) and a 2.5 Cum GPA24 credit hours (fall/spring) and a 2.5 Cum GPA Evaluate at the end of the academic year (spring)Evaluate at the end of the academic year (spring) Once you lose it, you lose it for goodOnce you lose it, you lose it for good

All other aidAll other aid 12 credit hours per semester and a 2.0 semester GPA12 credit hours per semester and a 2.0 semester GPA Evaluate each semesterEvaluate each semester

Emails will be sent to your Mines email accountEmails will be sent to your Mines email account Letter will also be mailed if terminatedLetter will also be mailed if terminated There is an appeal process that will be outlined in There is an appeal process that will be outlined in

the letter and emailthe letter and email

Never Ending….Never Ending….

If you are receiving grants and/or If you are receiving grants and/or student loans this requires the FAFSA student loans this requires the FAFSA to be to be completedcompleted (fafsa.gov) and (fafsa.gov) and to usto us by:by:

APRIL 1APRIL 1stst

File by March 15File by March 15thth to be safe to be safe Biggest error – missing signaturesBiggest error – missing signatures

If You Remember Nothing If You Remember Nothing ElseElse

Check your Mines email often Check your Mines email often Place us in your contact list so Place us in your contact list so

finaid@mines.edufinaid@mines.edu does not go into does not go into spamspam

Check Trailhead often Check Trailhead often Ask questions!Ask questions!

Bursar’s OfficeBursar’s OfficeMichelle HancockMichelle Hancock

sturecv@mines.edusturecv@mines.edu303-273-3158303-273-3158

http://inside.mines.edu/Accounts_Receivable-Chttp://inside.mines.edu/Accounts_Receivable-Cashieringashiering

Accessing Student AccountAccessing Student Account

Self-Service Student on Self-Service Student on Trailhead , Trailhead , My Account PageMy Account Page (http://trailhead.mines.edu) enables you to: (http://trailhead.mines.edu) enables you to: Access student billsAccess student bills Enroll in eRefundEnroll in eRefund Set up Parent/Third Party Access to make payments and view Set up Parent/Third Party Access to make payments and view

billsbills Enroll in My Payment PlanEnroll in My Payment Plan Enroll in text message notificationsEnroll in text message notifications Pay tuition/fees online via Check or Credit CardPay tuition/fees online via Check or Credit Card Etc.Etc.

CHECK OFTEN!CHECK OFTEN!

Student Name

MomGrandpa

Tuition & FeesTuition & Fees

Charges assessed each semesterCharges assessed each semester All fees mandatory except for two:All fees mandatory except for two:

Parking Parking (Charged based on your parking selection during (Charged based on your parking selection during the registration of your vehicle)the registration of your vehicle)

Health InsuranceHealth Insurance

Descriptions of what fee covers available onlineDescriptions of what fee covers available online http://inside.mines.edu/Accounts_Receivable-http://inside.mines.edu/Accounts_Receivable-

Cashiering Cashiering FY11 Fees FY11 Fees

Health InsuranceHealth Insurance

All students are required to have health All students are required to have health insurance while attending CSMinsurance while attending CSM

Students are automatically enrolled in the Students are automatically enrolled in the Student Health Benefit Plan Student Health Benefit Plan Can be waived online through TrailheadCan be waived online through Trailhead Must be waived by Census DateMust be waived by Census Date Health Insurance Fee is not the same as the Health Health Insurance Fee is not the same as the Health

Services Charge, which cannot be waivedServices Charge, which cannot be waived International Students cannot waive onlineInternational Students cannot waive online

College Opportunity Fund (COF)College Opportunity Fund (COF)

Provides a tuition stipend to students Provides a tuition stipend to students classified as residentsclassified as residents

Set annually by the Colorado General Set annually by the Colorado General Assembly Assembly

Currently $62.00 per credit hourCurrently $62.00 per credit hour Will show as COF payment on student bill Will show as COF payment on student bill

Receiving the COF stipendReceiving the COF stipend

1.1. Apply at https://cof.college-assist.org Apply at https://cof.college-assist.org

2.2. Authorize CSM to use your COF funds Authorize CSM to use your COF funds through Trailheadthrough Trailhead

Once these steps are completed the Once these steps are completed the stipend will be credited to the student stipend will be credited to the student accountaccount

Student responsible for COF amount if Student responsible for COF amount if steps are not completed appropriatelysteps are not completed appropriately

BillingBilling Electronic Billing ONLY!Electronic Billing ONLY! Tuition & Fees due first business day after Census DayTuition & Fees due first business day after Census Day

September 9thSeptember 9th There is a 5 business day grace period There is a 5 business day grace period Ensure Trailhead primary email is correctEnsure Trailhead primary email is correct Outstanding balances not covered by financial aid or Outstanding balances not covered by financial aid or

tuition payment plan will be assessed a late fee of 1.5% tuition payment plan will be assessed a late fee of 1.5% monthlymonthly A restrictive hold will be placed on the student account as wellA restrictive hold will be placed on the student account as well

Do not wait for an updated bill after schedule changes…Do not wait for an updated bill after schedule changes… Trailhead should be checked regularly and any additional Trailhead should be checked regularly and any additional

tuition/fees assessed should be paid immediatelytuition/fees assessed should be paid immediately Manually deduct expected financial aid, scholarships, Manually deduct expected financial aid, scholarships,

COF, Heath Insurance, if applicable. COF, Heath Insurance, if applicable. Check Trailhead often Check Trailhead often

Sponsored StudentsSponsored Students

ROTC ProgramROTC Program 45 days45 days

Sponsor Authorization Form Sponsor Authorization Form Student Agreement FormStudent Agreement Form

Available onlineAvailable online http://inside.mines.edu/Sponsor http://inside.mines.edu/Sponsor DueDue to the Student Receivables office by the to the Student Receivables office by the first day of first day of

classclass

Any tuition and fees not covered by sponsor are Any tuition and fees not covered by sponsor are due first business day after Census Daydue first business day after Census Day

Payment OptionsPayment Options

Credit CardCredit Card Online Only through TrailheadOnline Only through TrailheadDiscover, Mastercard, and American Discover, Mastercard, and American Express are acceptedExpress are accepted convenience fee convenience fee

Cash, Check, WireCash, Check, Wire Electronic check via Trailhead: FREE!Electronic check via Trailhead: FREE!Mail checks to:Mail checks to:

Attn: Student TuitionAttn: Student Tuition

Colorado School of Mines Colorado School of Mines

Department 1914 Denver, CO 80291-1914Department 1914 Denver, CO 80291-1914Include CWID on all checksInclude CWID on all checksInformation on wire transfers is available Information on wire transfers is available upon requestupon requestDo not mail CashDo not mail Cash

Payment PlanPayment Plan $25.00 enrollment fee $25.00 enrollment fee Enroll online via TrailheadEnroll online via Trailhead Automatically withdraws funds from a credit card or bank accountAutomatically withdraws funds from a credit card or bank account Convenience fees apply for credit card useConvenience fees apply for credit card use

Fall 2010 PlanFall 2010 PlanStart Offering Date – 04/19/2010Start Offering Date – 04/19/2010Final Offering Date – 09/22/2010Final Offering Date – 09/22/2010eNotification DateeNotification Date Last Enroll DateLast Enroll Date Due DatesDue Dates

05/03/201005/03/2010 05/05/2010 05/05/2010 05/15/201005/15/2010 05/22/201005/22/2010 06/05/201006/05/201006/15/201006/15/2010 06/22/201006/22/2010 07/05/201007/05/201007/15/201007/15/2010 07/22/201007/22/2010 08/05/201008/05/201008/15/201008/15/2010 08/22/201008/22/2010 09/05/201009/05/2010

09/15/201009/15/2010 09/22/201009/22/2010 10/05/201010/05/2010

RefundsRefunds

Must submit refund request formMust submit refund request form Cashier OfficeCashier Office OnlineOnline

Receipt of disbursement: eRefund!Receipt of disbursement: eRefund! Checking or SavingsChecking or Savings

Student will see “ED-Informational Only” holdStudent will see “ED-Informational Only” hold Plus LoansPlus Loans Refunds appear on the student account as a Refunds appear on the student account as a

charge to offset the credit to bring the account to charge to offset the credit to bring the account to zerozero

WithdrawalWithdrawal

Official Drop DateOfficial Drop Date Credit AdjustmentCredit Adjustment

Less than 2 weeks Less than 2 weeks (Census Date)(Census Date)

100%100%

Less than 3 weeks Less than 3 weeks 60%60%

Less than 4 weeksLess than 4 weeks 40%40%

Less than 5 weeksLess than 5 weeks 20%20%

5 weeks or more5 weeks or more 0%0%

Deciding to attend another Deciding to attend another university?university?

Student must contact Student must contact Admissions/Financial Aid to make a formal Admissions/Financial Aid to make a formal notification that you will not be attending notification that you will not be attending CSM.CSM.

If they fail to meet the requirements for If they fail to meet the requirements for formal notification, the tuition charges will formal notification, the tuition charges will remain your personal obligation.remain your personal obligation.

Thank you!Thank you!