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Financial Aid Office Jill Robertson Director of Financial Aid finaid@mines.edu 303-273-3220

Financial Aid Office Jill Robertson Director of Financial Aid finaid@mines.edu 303-273-3220. WHAT YOU SHOULD KNOW . FERPA. We cannot speak to your parents regarding your financial aid Please help us to help your parents: Email us from your Mines email with parent’s questions

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Financial Aid Office Jill Robertson Director of Financial Aid finaid@mines.edu 303-273-3220

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  1. Financial Aid OfficeJill RobertsonDirector of Financial Aidfinaid@mines.edu303-273-3220

  2. WHAT YOU SHOULD KNOW

  3. FERPA • We cannot speak to your parents regarding your financial aid • Please help us to help your parents: • Email us from your Mines email with parent’s questions • Come in with your parents • Set up a time to come in and we can call your parent • Telling them to contact us will only create frustration

  4. Financial Aid • Your aid should have credited to your account on Friday (8/20/10) IF: • All your documents and requirements were complete (ie verification docs, loan forms) • If the funds are not showing as credited on your billing statement, check the ‘Applicant Requirement’ tab on the Financial Aid section of Trailhead • Problem? Come see us or email us!

  5. Outside Scholarships • Per federal regulations, all outside scholarships must be reported to the Financial Aid Office even if the check is made out to the student. • You can report scholarships online using the form link under ‘Scholarships’ on the main Financial Aid website from http://inside.mines.edu • Submit all outside scholarship checks to the Financial Aid Office NOT the Cashier’s Office

  6. Satisfactory Academic Progress • Scholarships • 24 credit hours (fall/spring) and a 2.5 Cum GPA • Evaluate at the end of the academic year (spring) • Once you lose it, you lose it for good • All other aid • 12 credit hours per semester and a 2.0 semester GPA • Evaluate each semester • Emails will be sent to your Mines email account • Letter will also be mailed if terminated • There is an appeal process that will be outlined in the letter and email

  7. Never Ending…. • If you are receiving grants and/or student loans this requires the FAFSA to be completed (fafsa.gov) and to us by: APRIL 1st • File by March 15th to be safe • Biggest error – missing signatures

  8. If You Remember Nothing Else • Check your Mines email often • Place us in your contact list so finaid@mines.edu does not go into spam • Check Trailhead often • Ask questions!

  9. Bursar’s OfficeMichelle Hancocksturecv@mines.edu303-273-3158http://inside.mines.edu/Accounts_Receivable-Cashiering

  10. Accessing Student Account • Self-Service Student on Trailhead , My Account Page(http://trailhead.mines.edu) enables you to: • Access student bills • Enroll in eRefund • Set up Parent/Third Party Access to make payments and view bills • Enroll in My Payment Plan • Enroll in text message notifications • Pay tuition/fees online via Check or Credit Card • Etc. • CHECK OFTEN!

  11. Student Name Mom Grandpa

  12. Tuition & Fees • Charges assessed each semester • All fees mandatory except for two: • Parking (Charged based on your parking selection during the registration of your vehicle) • Health Insurance • Descriptions of what fee covers available online • http://inside.mines.edu/Accounts_Receivable-Cashiering • FY11 Fees

  13. Health Insurance • All students are required to have health insurance while attending CSM • Students are automatically enrolled in the Student Health Benefit Plan • Can be waived online through Trailhead • Must be waived by Census Date • Health Insurance Fee is not the same as the Health Services Charge, which cannot be waived • International Students cannot waive online

  14. College Opportunity Fund (COF) • Provides a tuition stipend to students classified as residents • Set annually by the Colorado General Assembly • Currently $62.00 per credit hour • Will show as COF payment on student bill

  15. Receiving the COF stipend • Apply at https://cof.college-assist.org • Authorize CSM to use your COF funds through Trailhead • Once these steps are completed the stipend will be credited to the student account • Student responsible for COF amount if steps are not completed appropriately

  16. Billing • Electronic Billing ONLY! • Tuition & Fees due first business day after Census Day • September 9th • There is a 5 business day grace period • Ensure Trailhead primary email is correct • Outstanding balances not covered by financial aid or tuition payment plan will be assessed a late fee of 1.5% monthly • A restrictive hold will be placed on the student account as well • Do not wait for an updated bill after schedule changes… • Trailhead should be checked regularly and any additional tuition/fees assessed should be paid immediately • Manually deduct expected financial aid, scholarships, COF, Heath Insurance, if applicable. • Check Trailhead often

  17. Sponsored Students • ROTC Program • 45 days • Sponsor Authorization Form • Student Agreement Form • Available online • http://inside.mines.edu/Sponsor • Due to the Student Receivables office by the first day of class • Any tuition and fees not covered by sponsor are due first business day after Census Day

  18. Payment Options

  19. Payment Plan • $25.00 enrollment fee • Enroll online via Trailhead • Automatically withdraws funds from a credit card or bank account • Convenience fees apply for credit card use Fall 2010 Plan Start Offering Date – 04/19/2010 Final Offering Date – 09/22/2010 eNotification Date Last Enroll Date Due Dates 05/03/2010 05/05/2010 05/15/2010 05/22/2010 06/05/2010 06/15/2010 06/22/2010 07/05/2010 07/15/2010 07/22/2010 08/05/2010 08/15/2010 08/22/2010 09/05/2010 09/15/2010 09/22/2010 10/05/2010

  20. Refunds • Must submit refund request form • Cashier Office • Online • Receipt of disbursement: eRefund! • Checking or Savings • Student will see “ED-Informational Only” hold • Plus Loans • Refunds appear on the student account as a charge to offset the credit to bring the account to zero

  21. Withdrawal

  22. Deciding to attend another university? • Student must contact Admissions/Financial Aid to make a formal notification that you will not be attending CSM. • If they fail to meet the requirements for formal notification, the tuition charges will remain your personal obligation.

  23. Thank you! Questions?

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