colonial inauguration 2007 financial matters a parent’s guide

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Colonial Inauguration 2007 Financial Matters A Parent’s Guide

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Page 1: Colonial Inauguration 2007 Financial Matters A Parent’s Guide

Colonial Inauguration 2007

Financial MattersA Parent’s Guide

Page 2: Colonial Inauguration 2007 Financial Matters A Parent’s Guide

FINANCIAL SERVICES INFORMATION

THE GW FINANCIAL PARTNERSHIP

ONLINE SERVICES

PAYMENT OPTIONS

STUDENT FINANCIAL ASSISTANCE

YOUR STUDENT’S ACCOUNT: “ARE YOU ALL SET?”

COLONIAL CENTRAL: YOUR SERVICE HUB

Page 3: Colonial Inauguration 2007 Financial Matters A Parent’s Guide

WE ARE THE COLONIAL CENTRAL TEAM

Student Financial

AssistanceFinancial Aid

and Counseling

Student Accounts Billing and Account

Management

Student Employment Federal Work Study Jobs &

Part-Time Employment

Cashier’s Office

Payment Processing

COLONIAL CENTRAL

TEAM

Page 4: Colonial Inauguration 2007 Financial Matters A Parent’s Guide

The GW Financial Partnership

Check Your GWeb Account Regularlyfor Notifications and to Monitor Accountand Federal Work Study Information

Maintain Good Grades to KeepScholarships or Merit Aid!

Pay Your Account Balance by the Due DateAuthorize/Share Access with ParentLook for E-Bill

Maintain On-Going Dialogue withStudent About Financial Matters

Watch for Correspondence Sent Home

Complete Payment Arrangements

Provide Accurate Information and Shared KnowledgeEnsure Professional and Caring Service ExperienceProvide Pro-Active Problem Solving and Accessible Services

Student Role Parent/Guardian Role

COLONIAL CENTRAL Team Role

Page 5: Colonial Inauguration 2007 Financial Matters A Parent’s Guide

Online Services

GWeb – Student’s Online Access to Personal Recordshttp://my.gwu.eduView Registration Schedule And GradesPreview Financial Aid StatusView Current Balance On Student AccountUpdate Contact Information, Including AddressesView Earnings For On-campus Employment

COLONIAL CENTRAL: Your Service Hub – colonialcentral.gwu.eduOnline Services

E-payment – Pay Tuition Bill OnlineFinancial Aid/ Student Account Forms – Download FormsLoan Application

InformationBilling and PaymentFinancial Aid Student Employment

Page 6: Colonial Inauguration 2007 Financial Matters A Parent’s Guide

ChargesCharges

Financial Aid (If Applicable)

Authorized Aid v. Pending Aid

Financial Aid (If Applicable)

Authorized Aid v. Pending Aid

Library GiftLibrary Gift

Amount Due & Due DateAmount Due & Due Date

Registration Schedule

Registration Schedule

“Semester Invoice”“Semester Invoice”

Page 7: Colonial Inauguration 2007 Financial Matters A Parent’s Guide

Payment Options

Pay Online Visit COLONIAL CENTRAL at colonialcentral.gwu.edu

Mail Payment

Payment In-Person at the Cashier’s Office

Types of Payment

CashPersonal CheckMoney OrderTraveler’s CheckWire Transfer

GW Monthly Payment Plan Through www.TuitionPay.comThe Plan Starts in JunePayments Made June Through October Cover The Fall SemesterPayments Made November Through March Cover The Spring Semester

Page 8: Colonial Inauguration 2007 Financial Matters A Parent’s Guide

Student Financial Assistance

Loan Options Parent PLUS LoanAlternative Education Loans

529 PlanCheck to Display Student’s Name and GW ID#Mail Check Directly to Cashier’s OfficeCall Cashier’s Office with Questions

Federal Stafford LoanEntrance CounselingFederal Work Study – It is a Job!

FWS-Approved JobsMonitoring FWS Award

Outside ScholarshipsEnsure GW Receives the ScholarshipFunds are Credited to the Student’s AccountImpact of Scholarships on Financial Aid

ParentsStudents

Remember: This is an annual process for both parents and students!

Financial Aid Packages were distributed in March/April.

Page 9: Colonial Inauguration 2007 Financial Matters A Parent’s Guide

Payment and Credits Should be Completed by 1st Day of the Semester (Sept. 4, 2007)

Monthly Payment Plan - the Total Payments Will Cover The Semester Balance

Alternative Loan Applications - To Be Completed No Later Than 1st Week In August

Outstanding BalanceReceive Monthly Statement of Account from GW

Finance Charges and Late Fees

Financial Hold: Prevents Registration for Next SemesterPrevents Access to Transcripts

Your Student’s Account: “Are You All Set?”

YES NO

Page 10: Colonial Inauguration 2007 Financial Matters A Parent’s Guide

“Monthly Statement”“Monthly

Statement”

ChargesCharges

Amount Due & Due DateAmount Due & Due Date

Library GiftLibrary Gift

Page 11: Colonial Inauguration 2007 Financial Matters A Parent’s Guide

COLONIAL CENTRAL: YOUR SERVICE HUB

Billing, Account Information and Resolution

Tuition Payment

Cashing Of Checks

Loan Checks Endorsement

Financial Aid Application And Counseling

Other

Page 12: Colonial Inauguration 2007 Financial Matters A Parent’s Guide

THE GW FINANCIAL PARTNERSHIP

ONLINE SERVICES

PAYMENT OPTIONS

STUDENT FINANCIAL ASSISTANCE

YOUR STUDENT’S ACCOUNT: “ARE YOU ALL SET?”

COLONIAL CENTRAL: YOUR SERVICE HUB

“Wrap-up”

Page 13: Colonial Inauguration 2007 Financial Matters A Parent’s Guide

Colonial Inauguration Recommended Events

Other Sessions at CI:Federal Work Study OrientationThe GWorld Card: Your Passport to Quality of Life ServicesStudent Sessions – Encourage Your Student To Attend Our Session

Visit the University Services and Student Organization Fair:

Representatives from Various GW OfficesGW Monthly Payment Plan – www.TuitionPay.com