Student Accounts Loron Pellowe Student Awards & Financial Aid Maureen Jones and Brooke Sterritt SHOW ME THE MONEY! What will you learn? 1 How to pay your fees 2 How to get funding STUDENT ACCOUNTS Your fees Fees are assessed “per term” Your student account Your student account is available ONLY on Quest. Student Centre>Finances>Account Inquiry Check your uwaterloo.ca email inbox for news about your account Account details Your tax receipts Tax receipts are available on Quest in February each year. TAX RECEIPTS Your Confirmation of Enrolment If you need Confirmation of Enrolment or forms signed for RESP purposes, please contact the Registrar’s Office. RESPs Your privacy Due to privacy legislation, we can’t discuss your account details with ANYONE without your authorization. YOU are responsible for your student account! IMPORTANT How to become “Fees Arranged” Pay your fees in full Use a Promissory Note if you have appropriate funding How to make your payment Bank payments Online banking, ATM, teller (use student ID # as account #) Certified cheque, money order or bank draft from a Canadian bank Western Union GlobalPay transfer NO credit cards, cash, debit, Interac email transfers NO instalment payment plans What is a Promissory Note? Document that indicates that you have funding coming during the term to pay your fees Allows you to defer part of your payment until your financial aid is available What kinds of funding may be used? Waterloo scholarships Third-party sponsorships (approved) External scholarships payable to Waterloo Waterloo tuition benefits GRS, RAs, or TAs (grads only) Canadian government student loans (like OSAP) Seniors’ bursaries You cannot use a Promissory Note for these types of funding: RESP funding Third-party sponsorships (not approved) External scholarships payable to you Employment income Employer reimbursement Foreign government student loans International scholarships How to submit the Promissory Note Instructions on Student Accounts website uwaterloo.ca/finance/student-accounts How to access the Promissory Note On Quest uwaterloo.ca/quest/ What if you aren’t Fees Arranged? If you’re not Fees Arranged…. You will not receive your scholarships/bursaries Your access to course material on LEARN will be affected You will not receive government student loan funding (OSAP) Check your status on Quest Avoid a late fee Fall 2014 due date is August 25, 2014 Bookmark the due dates schedule: https://uwaterloo.ca/finance/student-accounts/due-dates-late-fees FEDS health/dental plan “FedofStdnts-Administered Fees” Details at www.ihaveaplan.ca QUESTIONS? STUDENT AWARDS & FINANCIAL AID Sources of funding Undergraduate scholarships and awards OSAP Undergraduate bursaries Work Study Program Undergraduate scholarships/awards Internal Scholarships/Awards External Scholarships/Awards uwaterloo.ca/student-awards-financial-aid/undergraduate-awards OSAP and other provincial student aid If you haven’t already, please apply for OSAP or other provincial student aid program immediately. osap.gov.on.ca http://safa/loanprograms/oop.html IMPORTANT OSAP and other provincial student aid Upload or mail any required consent/signature pages and all supporting documents to us with the exception of the MSFAA. CAUTION 30% off Ontario Tuition Grant $890/term (maximum 2 terms in the academic year) Grant money – does not need to be paid back! Take the quiz to see if you’re eligible: www.ontario.ca/education-andtraining/30-off-ontario-tuition OSAP Reviews/Appeals • Review the application information you submitted through the OSAP website – is it accurate? • Check out our website for common review/appeal forms. • Make an appointment with a Financial Aid Counsellor. How to get your OSAP Submit any required documentation early Complete a promissory note by the Aug. 25, 2014 deadline Check that your course load and/or program on Quest matches your OSAP account Using OSAP to pay your fees • OSAP funds are NOT directed to the University to pay your tuition and fees. • Once your OSAP funding has been deposited to your bank account, you are responsible for paying any fees still owing to the University. Criteria for Undergraduate Bursaries • You must apply for OSAP or other provincial government assistance. • Bursaries are based on financial need, not academic merit. Bursaries are intended to supplement, and family resources not replace, government Types of bursaries AUTOMATIC APPLICATION • OSAP students • Verification assessment at end of September • Fall only – Oct. 23, 2014 deadline • Fall and Winter – Feb. 28, 2015 deadline Work Study Program Available to recipients of OSAP or other out-ofprovince financial assistance programs Work parttime on campus while you study full-time View jobs and apply via our website starting the end of August More on-campus job opportunities Libraries Student Federation, Student Life Centre Co-op and Career Services, Tatham Centre Athletics, Physical Activities Complex Office of Development and Alumni Affairs QUESTIONS? Get more information • Quest quest.uwaterloo.ca • OSAP osap.gov.on.ca • Finance – Student Accounts website uwaterloo.ca/finance/student-accounts • Undergraduate Calendar ugradcalendar.uwaterloo.ca/ • Student Awards & Financial Aid website safa.uwaterloo.ca • National Student Loan Service Centre canlearn.ca Contact us Student Accounts • Needles Hall Room 1110 • X38466 • sfaccnts@uwaterloo.ca Student Awards & Financial Aid • • • Needles Hall (2nd floor) X33583 safainfo@uwaterloo.ca Follow us @uwaterloolife facebook.com/uwaterloolife