Agenda Calculating cost of attendance Financial Aid Schedule Deadlines Processes Billing and Payment Processes Overview of Process Tutorial Deadlines and Reminders We are here to help you start the semester smoothly
Calculating Cost of Attendance Cost of attendance is based on: Residency or Program Status Number of Credits Enrolled Room and Board Fees Books These costs will vary for you based on your course enrollment
In college, students are responsible for these tasks with assistance from parents
Once you’ve been awarded! Communication is Key! Students and Parents need to know what is going on! Have a checklist to stay on track! What should you be doing now? Many financial aid tasks have deadlines students and parents must share information regularly
Students need to complete their Perkins Promissory Note and Entrance Counseling online if this award is part of your aid package.
Procedures for completion will be sent from our servicer, ECSI once the loan is accepted.
Upon receiving the instructions, students must complete the process as soon as possible.
Only required to complete this process once while enrolled at JSC.
If you are accepting a Perkins Loan, you must complete the promissory note on-line
Work-Study What is it? Federally funded campus employment paid to the student biweekly (Use direct deposit to receive funds quicker). How is work-study eligibility determined? Based on need as determined from your FAFSA information. What is it used for? Earnings are for the student’s personal spending money and can not be applied towards the college bill. How is a job found? List of positions provided at start of the semester. Look for a job early as employment is not guaranteed. Students CAN NOT begin earning their work-study until their Financial Aid file is complete, and account is settled
Additional Funding Federal Direct Parent PLUS Loan—
Complete the JSC PLUS Pre-Application provided by the FA Office or print from our web-site.
At www.studentloans.govtheparent borrower logs in with their PIN.
Choose menu option “Sign Master Promissory Note” and follow instructions to completion.
A credit check is performed before loan can be approved.
Private Student Loans—Requires a credit worthy co-signer, and is a resource to consider as a last resort. PLUS loans are processed on-line no Entrance Counseling required
Student Health Insurance Johnson State Health Insurance Requirement Accept or Decline online by August 12 to avoid a late fee Completed annually Decline the health insurance no later than September 30. If not declined by this date the charge cannot be removed Save yourself $1407 by declining the health insurance if you have insurance through another carrier
Save $1,407 here! Online Health Insurance Form Save $1,407 here! Decline on-line by September 30 or the charge remains on the account
Payment Options Electronic payments using your check or credit card Cash, check or credit card Payment Plans All payment options are available electronically 24-hours a day
Payment Plans Interest Free Six (June start), Five (July start) and Four (August start) month plans available Can be set up as early as June 1 First payment due at signing $30 set-up fee All payments must be made electronically Payment plans are available now, sign-up early to have the longest repayment terms
covered with an approved, up-to-date payment plan Save yourself $100, finalize that payment plan by the deadline!
Why finalize payment by the deadline? Skip the line at the Business Office Charge your books at the Bookstore Begin your Work Study job at the start of the semester Maintain eligibility to play on a Varsity Team Avoid a $100 late fee The biggest benefit? Knowing that your account is settled and you can start the semester without worry
Tutorial http://www.youtube.com/watch?v=7zq5hsJauF4 Tutorials are available on the JSC YouTube channel. Links can be found on myjsc.vsc.edu & jsc.edu