OFFICE OF XYZ STUDENT FINANCIALS 101 MONEY MATTERS

OFFICE OF XYZ STUDENT FINANCIALS 101 MONEY MATTERS

STUDENT FINANCIAL AGREEMENT Before a student can register, the student must e-sign a Student Financial Agreement. This is, in general, a promise to pay for all charges posted to the student s account.

HOW TO LOG ON

BILLING MESSAGES If you are expecting financial aid that is not included in your Anticipated Aid Total on this bill, check my.tcu.edu for Requested Information on your Financial Aid record. The Minimum Amount Due is your REQUIRED payment for this month. Your Minimum Amount Due MUST be paid by the Due Date to avoid possible class cancellation. You may opt out if you choose not to participate in the DeWar Tuition Insurance Refund Program. Students who have elected the Aetna Student Health Insurance Plan and undergraduates carrying 9+ hours who have not yet waived coverage will see the Fall charge posted on this bill. By accessing http://healthcenter.tcu.edu students may elect or waive coverage any time prior to. FINAL DEADLINE to ELECT or WAIVE for Fall is. A LATE FEE OF 1% OF THE UNPAID MIN AMOUNT DUE ($7.50 MINIMUM) WILL BE ASSESSED IF THE PAYMENT IS NOT RECEIVED WITHIN 10 DAYS FROM THE STATED DUE DATE. FINANCIAL AID WILL NOT BE CREDITED UNTIL ALL ITEMS REQUESTED ARE COMPLETE AND WILL NOT PREVENT LATE FEES. TCU accepts on-line credit card (a 2.75% fee will be charged) and ACH payments (NO FEE CHARGED). To make online payments, go to www.tcu.edu, click on "Popular Links", click on "Make Payment" and follow directions. Should you have any questions, please contact the appropriate department listed on the bill.

CAMPUS CONTACTS

SPRING DUE DATES and LATE FEES Billing for Spring begins in December with January 1st through May 1st due dates. Four remaining fall payments with due dates being the 1 st of each month (February through May) If your student attends summer school, there is no payment plan for summer all is due as billed. The Minimum Amount Due must be paid by the Due Date. Holds are placed on the account if the payment is not received. A LATE FEE (1% of the payment or a minimum of $7.50) will be assessed if the minimum is not paid within 10 days of the Due Date.

CONSEQUENCES IF MINIMUM IS NOT PAID BY THE DUE DATE No Advance Registration for additional classes (current or future terms). ID card cannot be used to charge at the bookstore, vending machines, campus cash, frog bucks, etc. No future housing sign-up No transcripts allowed It s early, but students cannot graduate with a balance due!

PAYMENT PLAN Payment Plan Enrollment Fee - $100 Maximum per semester of remaining tuition, fees, room, board, and health insurance charges not paid by September 1st for fall or February 1st for spring. Student will receive a Truth-In-Lending statement in September and February regarding the amount to be financed. DO NOT PAY from the TIL statement.

MAKING PAYMENTS On-line via TCU s website Mail TCU Box 297077 Checks only (payable to TCU and please include TCU ID number) Set TCU up as payee in on-line banking Pay in person by cash, cashier s check, check, money order in Sadler Hall, Room 2011 Wire payments

PAY ONLINE

ONLINE PAYMENTS

ACH (E-check) payments NO FEE ONLINE PAYMENTS Credit Cards: American Express, Discover, MasterCard, VISA with a non-refundable 2.75% Transaction Fee (Fee is a separate line item on credit card statement) Web Site is Secure Not Real Time in that payments made by 3 PM Central are posted the same day 7 days a week

DEWAR TUITION INSURANCE REFUND PLAN $138 Per Semester (Fall/Spring only). Covers tuition not refunded under TCU Policy 80% Refund must submit claim form to Dewar. Once charged, students can opt out of this coverage. Can opt back in before deadline. Deadline to opt out or back in is January 25th.

REFUND REQUESTS Refunds are available when excess funds are on account Refunds will be issued according to Title IV regulations Credits must first be refunded to Credit Card if payment(s) was made with credit card during the previous 6 months Refunds MUST be requested online Refunds can be made to student s bank account (Must set up Direct Deposit) Cash refunds up to $100 per day Refunds are issued once a week (deadline to request a refund is noon Monday to get funds that same Friday)

AGENCY STUDENTS Any student whose account is paid for wholly or in part by an outside agency. Examples are: Texas Guaranteed Tuition Plan (also known as Texas Tomorrow Fund) b.griffith@tcu.edu Post 9/11 Yellow Ribbon Army ROTC Air Force ROTC If we know about it, a credit will be placed on the student s account and we will bill the agency.

529 PLANS Contact the Administrator of the Plan Determine if funds will be sent to you or directly to TCU (most come to TCU) Funds can be sent to TCU by check or wire (most are by check) All correspondence must include the student s TCU ID number

PRIVATE COLLEGE 529 PLAN Contact Oppenheimer Funds (Holder/Administrator of this Plan) Obtain Withdrawal Form on-line or tollfree number Oppenheimer Funds will verify eligibility and notify TCU to expect payment Oppenheimer Funds will send payment directly to TCU

THINGS TO REMEMBER Students should Grant Access to responsible party. In person payments are posted immediately. Online payments made by 3 PM Central time are posted to students account by 4:30 PM. Mailed payments should include student s TCU ID number. Email notification is sent when the bill is available to view with direct link to online payment screen Two amounts are listed: Total Balance and Minimum Amount Due (payment of minimum is REQUIRED to keep account current)

Student Financial Services Sadler Hall Suite 2011 Doors are open Monday Friday 8:30 AM 4:00 PM Student Accounts Counselors available 8 to 5. (817) 257-7836, Fax (817) 257-7733 Email: finserv@tcu.edu https://vcfa.tcu.edu/student-accounts/

Questions?