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Frequently
Asked Questions
When are the Fall 2008 and Spring 2009
semester payments due?
Fall semester Payment is due August 15, 2008. Spring semester payment
is due January 15, 2009.
I subtracted my charges from my Financial
Aid and paid the difference. Why does my account still have a balance
due?
Some common errors in calculating what is owed are; registering
for part time when the student intends to be full time, making different
living arrangements, not subtracting the loan origination fee, adding
in your work study award and intending to apply for a loan that
has not yet been processed due to missing documents.
Why don't we receive a bill before interest
starts accruing?
Payment in full for the semester is due by the dates indicated on
the statement. If you are adding classes, decide to live on campus
or contract for a meal plan after the pre-bill has been sent, you
are still responsible to pay those charges as soon as they incur.
Do not wait to be billed.
Why isn't my full work study award applied
to my account?
While work study is a form of financial aid, the money must be earned.
Students are given a specific dollar amount that they may earn each
semester. Until the money is earned and applied to your account,
you will not be given credit for it. If you would like to have your
work study checks directly applied to your student account, you
will need to come to the Student Accounts Office to complete the
necessary paperwork.
How are student employment earnings applied
to student accounts?
Students who work on campus may sign a Student Employment Check Authorization Form in the Student Accounts Office authorizing the college
to automatically apply the work study earnings to your account.
How do I know what to pay if I receive
a new financial aid award?
Take the total charges due, subtract the new aid award and pay the
difference. Remember that work study is not a credit until it is
earned, so it should not be included in your calculation. To help
you in figuring out the new amount due, go to "Estimating
your bill" worksheet.
What happens if I fail to pay my bill
by the due date?
If payment or a payment plan has not been made with TMS by the semester
due date, (August 15th for Fall Semester, January 15th for Spring Semester) a validation hold will be put on your account. Do not wait until the day of validation
to pay your balance or apply for your loans.
Do I have to pay for health insurance
coverage if I have my own coverage?
By default, all students are charged for the health and accident
insurance and are responsible for waiving out of the policies. Health insurance coverage is mandatory. You must waive out by the deadline of August 15, 2008, in order for the fees to be credited back to the student's billing account. To waive out of the policy, go to Aetna Student Health web site. Once you are enrolled in the policy, you may not waive out.
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