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FINANCIAL AID & BILLING Presented by the Offices of Financial Aid & Student Accounts APPLYING FOR FINANCIAL AID FAFSA (Free Application for Federal Student Aid) 2017-18 Deadline June 30, 2018 or last date of attendance 2018-19


  1. FINANCIAL AID & BILLING Presented by the Offices of Financial Aid & Student Accounts

  2. APPLYING FOR FINANCIAL AID  FAFSA (Free Application for Federal Student Aid)  2017-18 Deadline June 30, 2018 or last date of attendance  2018-19 Available October 1, 2017  Code: 002845  NYS TAP Application  Code: 0920 (SUC Geneseo)  Excelsior & STEM applications must be completed annually, too

  3. ACCEPTING FINANCIAL AID  Loans MUST be accepted  Loan Agreements/Master Promissory Notes are required before disbursement  Grants will be estimated at first  Pell  TAP

  4. ENSURING PROPER CREDIT ON THE BILL  Complete Master Promissory Note & Entrance Counseling  http://studentloans.gov  Submit outstanding requirements  Apply for additional funding or a Payment Plan  Direct PLUS Loan or Alternative Loan

  5. EXCELSIOR SCHOLARSHIP  Details and awarding process are still a work in progress  Forward email confirmation to the Office of Financial aid at finaid@geneseo.edu  Estimate will then be added to account

  6. THE BILLING STATEMENT  When will it be available?  Only *** 1 *** Paper bill will be sent. All others via email.  When is it due?  Fall 2017 – August 1 st  Spring 2018 – January 2 nd

  7. PAYMENT PLANS 2-Pay 4-Pay  $25 application fee  $30 application fee  Payments are due the 1 st of  Payments are due the 1 st of the following months: the following months:  Fall – August, October  Fall – August, September, October, November  Spring – January, March  Spring – January, February, March, April

  8. OTHER RESOURCES  529 Plans  Savings plan designed to encourage saving for future college costs.  Outside scholarships  Private scholarships will be listed as a credit on the bill only after the scholarship money has been received by the college. You may use the scholarship as a deduction by providing a letter from the awarding agency stating the amount of the scholarship.

  9. AUTHORIZED PAYERS  Authorized Payers  This notifies your parents or other family members when a new bill is due and how to pay it.  To add an authorized payer:  Sign into MyGeneseo  Select Student Accounts Center under “Sites”  Click on the Authorized Payer option on the left

  10. RELEASE OF INFORMATION  Family Educational Rights & Privacy Act (FERPA)  FERPA is a federal law which is designed to protect the privacy of and limit access to the educational records of students.  Students need to fill out the Voluntary Student Consent to Release Financial Information Form , located at the Student Account Office in Erwin 106.

  11. WHO TO CONTACT? Office of Financial Aid Office of Student Accounts  Financial Aid Issues – why aid is  Billing Issues – charges, payments, not crediting, how to complete a payment plans, Online Bill Pay, requirement, accept/decline aid, etc. etc. 103 Erwin Hall 104 Erwin Hall (585) 245-5621 (585) 245-5731 finaid@geneseo.edu staccts@geneseo.edu http://geneseo.edu/financial_aid http://geneseo.edu/student_accounts

  12. QUESTIONS?

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