Bursar s Office 131 Schwartz Center Phone: 330-672-2626 E-mail: bursar@kent.edu Fax: 330-672-2606 www.kent.edu/bursar 1
Our Session Today Student Account Information Tuition Rates Fall 2016 Electronic Invoices Payment Options and Methods Student Refunds/Refund Preference Cash Course Student to-do list This session at kent.edu/bursar under Resources 2
Student Account Information Due Dates can be found on the Bursar s website at www.kent.edu/bursar August 12 first fall due date Up-to-date student account information is available to students 24/7 through FlashLine/My Account/My Student Account Step-by-Step instructions for student account access can be found on the Bursar s website at www.kent.edu/bursar/resources Bursar s Office 131 Schwartz Center (330) 672-2626 bursar@kent.edu www.kent.edu/bursar 3
Undergraduate rates for Fall 2016 Tuition Rates Ohio resident rate $456 per hour for 1-10 credit hours $4,925 for 11 credit hours $5,006 for 12-18 credit hours $456 per hour for every hour above 18 Non-Ohio resident rate $818 per hour for 1-10 credit hours $8,907 for 11 credit hours $9,188 for 12-18 credit hours $456 per hour for every hour above 18 Bursar s Office 131 Schwartz Center (330) 672-2626 bursar@kent.edu www.kent.edu/bursar 4
Electronic Invoices All invoices are issued electronically to the student s kent.edu email address approximately 3 weeks prior to the first due date of the term. Fall 2016 e-bills will be published on Friday, 07/22/16 Students can also set up authorized users to view and receive their electronic student invoices at https://payonline.kent.edu /Student Login/Authorize User PINs/Add New Students and authorized users are notified by e-mail once their invoice has been issued 5
Electronic Invoices Not all registration activity will result in an invoice being issued prior to a due date Students can check their up-to-date account information via FlashLine/My Account/My Student Account/Account Detail Late or non-payment may cause the student to lose their schedule and/or be assessed a late fee 6
Payment Options Single Payment Due on/by 08/12/16 Monthly Payment Plan Divides the cost of the term over a four or five month period $55 service fee per term to participate in the plan Available during the Fall and Spring terms Plan is managed through Tuition Management Systems (TMS) Payments are due the first of each month and paid directly to TMS Enroll at www.kent.afford.com or call 800-722-4867 7
Payment Options Estimated Cost for Fall* $10,566 Monthly Payment Plan (5 payments) 1 st payment due on/by 07/01/16 $2,114 2 nd payment due on/by 08/01/16 $2,113 3 rd payment due on/by 09/01/16 $2,113 4 th payment due on/by 10/01/16 $2,113 5 th payment due on/by 11/01/16 $2,113 Monthly Payment Plan (4 payments) 1 st payment due on/by 08/01/16 $2,642 2 nd payment due on/by 09/01/16 $2,642 3 rd payment due on/by 10/01/16 $2,641 4 th payment due on/by 11/01/16 $2,641 *Ohio resident with standard double room and basic food plan 8
Payment Options Kent First Payment Program: Available to incoming Freshmen Covers tuition only Plan remains in effect until either: Student graduates Student attempts 144 credit hours 15 consecutive semesters have passed One-time down payment followed by 42 consecutive monthly payments Kent First Fall 2016 rates: Ohio resident: $4,800 down payment with 42 payments of $987 Non-resident: $9,900 down payment with 42 payments of $1,775 9
Payment Options Financial Aid Will be deducted from the amount due if it has been awarded to the student before a scheduled due date Outside Scholarships - Notify the Student Financial Aid Office of any outside scholarships prior to the due date College Savings Plan (529) - Funds need to be received in the Bursar s Office on/by payment due dates Bursar s Office 131 10
Payment Methods The Bursar's Office accepts cash, personal checks, money orders, cashier s checks, and electronic debiting from a checking or savings account. We also accept MasterCard, VISA, Discover, American Express or Diner s Club Online payments can be made at https://payonline.kent.edu A convenience fee is assessed for credit/debit card payments There is no fee for making an electronic payment from a checking/savings account Payments can be made in the Bursar's Office or at any Regional campus using check, cash or money order 11
Student Refunds Student refunds may be issued by KSU as a result of: Excess financial aid (may result in a Parent Plus loan refund) Schedule adjustments (adding/dropping classes) Overpayment Bursar s Office Bursar s 131 Office Schwartz 131 Center Schwartz (330) Center 672-2626 (330) 672-2626 bursar@kent.edu bursar@kent.edu www.kent.edu/bursar www.kent.edu/bursar 12
Refund Preference Each student will be issued a Personal Code in order to select a refund preference for their student refunds. Options are: Direct Deposit to a personal bank account BankMobile Vibe Bank Account BankMobile will mail the Welcome packet containing the Personal Code shortly after the student s initial registration. (If code is lost, contact the Bursar s Office for a new code). Student will log into refundselection.com and set up a refund preference. Bursar s Office 131 Schwartz Center (330) 672-2626 bursar@kent.edu www.kent.edu/bursar 13
Cash Course Provides financial education resources for students and parents. It's online, it's free, and it's noncommercial! Budget & Financial Planning Ways to pay for college Ways to avoid overspending Setting financial goals and saving money Federal Financial Aid information Text Tips Students and Parents can access the site at www.kent.edu/bursar or www.cashcourse.org Bursar s Office 131 Schwartz Center (330) 672-2626 bursar@kent.edu www.kent.edu/bursar 14
Student to-do list Complete the FERPA release: FlashLine/Student Tools & Courses/Make a Request/FERPA Release Form Authorization Provide others with access to your up-to-date student account information: FlashLine/My Account/My Student Account/KSUView Set up an authorized user to view your electronic statements: https://payonline.kent.edu - Student Login/Authorize User PINs/Add New Set up a refund preference using your Personal Code: refundselection.com Bursar s Office 131 Schwartz Center (330) 672-2626 bursar@kent.edu www.kent.edu/bursar 15