Tuition and Fu Funding Financial Services Presentation Tuition - PowerPoint PPT Presentation

Tuition and Fu Funding Financial Services Presentation

Tuition & Residence fees are normally billed to student accounts mid- August Most students will take a 30 credit course load

Your actual residence fees won’t be charged to your account until late August, after room determinations have been made.

Calculate your fees & complete a sample budget Select “Budgeting Worksheet &Tuition Estimator” on our website to use the Fee Estimator and budgeting guide

Statement of Account 17FW- UG 2017/18 FA/WI Balance $0.00 18FW-UG 2018/19 FA/WI $ View Net Cost by Term Awards Charges Tuition Ancillary Fees Residence

Net Cost View by term: 18FW 18FW The “net cost” view will provide a breakdown, by term, of fees and funding, including OSAP

How can I pay? • Online banking: set up Nipissing U as a “payee” the account # is your 7-digit student ID (no letter!) o Remember it can take several business days for us to receive your payment o Print a copy of the confirmation of payment screen as proof you paid o • Debit card ensure you have a high enough daily limit to cover your payment o • Cash • Cheque or Bank Draft (payable to Nipissing University) • Aeroplan HigherEd points redeem Aeroplan miles through HigherEdpoints.com in $250 increments o Paying your fees with OSAP? • Application should be COMPLETED by August 1 • ALL required documentation must be submitted, including MSFAA • Check OSAP status online to confirm sufficient funding to cover each fee installment We will only redirect the installments (for both tuition and residence) due each term!

This tells you there’s a problem with your file!

“View Documents” will show you a list of all documents approved and/or required

Check Status: 2018 - 19 View Funding * Check the funding summary throughout the year for updates on changes to funding and when it will be paid out. If your grant amount is more than * your “estimated tuition” then you are basically getting free tuition – $6423 there’s no need to do anything more!

Details on the timing of your funding: Your fall installment Sept 1/18 – Sept 6/18 Your winter installment Jan 2/19 – Jan 4/19

When are awards paid out?  Half of all awards will be paid toward fees owing in fall term; the balance is paid against any remaining fees owing in winter term  Scholarships, bursaries and awards are credited FIRST to fees owing , then released as a cheque to the student (usually in January)

RESPs  Check with your service provider to determine if and when a specific form must be completed to access RESPs – must be completed by Registrar’s Office  A Confirmation of Enrolment Letter may be printed from WebAdvisor - it does not show fees  Plan in advance how and when to withdraw RESP funds to maximize tax benefits

Other Funding Options  Investigate Student Line of Credit offered by all major lenders (shop around!)  Check the web for external scholarships and awards:  www.yconic.com  www.scholarshipscanada.com  Work Study - information & application can be found on our website (in the FORMS & APPLICATIONS section); best to apply by the end of August since most positions close early September

Othe her Fund Funding Op Options ( s (cont’d) • In-course bursaries (based on financial need) – Web Bursary application is posted on Web Advisor the whole month of October • Indigenous student funding: o Many “external” awards found on the web o Government Indigenous Student Bursary through NU (application available October)

Questions? About Fees? finance@nipissingu.ca (705) 474-3450 ext. 4419 About OSAP finaid@nipissingu.ca or awards? (705) 474-3450 ext. 4311