CBS Student Financial Services Orientation
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Transcript of CBS Student Financial Services Orientation
CBSStudent Financial Services Orientation
Student Financial Services StaffRoshanna Hardison - Director of Student Financial Services [email protected] 832-252-0728Tamika Price - Student Financial Services Advisor, Last Names [email protected] 832-252-0730Alberto Salazar – Student Financial Services Advisor, Last Names M-Z and [email protected] 832-252-0716Ali Brown- Student Financial Services Associate [email protected] 832-252-0710
ServicesFinancial aid, student accounts/billing
Office Hours Monday , Tuesday , Thursday 8:30am-7:30pm Wednesday 8:30-6 pm
Phone: 832-252-6402 Email: [email protected]
Financial aid consists of funds provided to students and families to help pay for postsecondary educational expenses
Sources Federal government Veteran’s Affairs States Private sources Civic organizations and churches Employers
What is Financial Aid
FAFSA on the Web
Web site: www.fafsa.gov Can apply every January 1st for the upcoming award yr.
1. 2013-14 FAFSA became available on January 1, 2013 Sign FAFSA electronically with pin May be used by students and parents throughout aid
process, including subsequent school years You will need to use CBS school code 0034224
Federal aid Have a high school diploma or equivalent or GED Be admitted in the Bachelors or Associates Degree
Program Be a US citizen or eligible non-citizen Not be in default on any federal student loan, or owe
money on federal student grant
Institutional aid All of the above Awarded based on meeting SAP Can also receive if in Bible Certificate Program
Eligibility for Financial Aid
1. Institutional Student Information Record (ISIR) sent to colleges listed on FAFSA approximately 7 to 10 days after FAFSA submitted
2. College reviews ISIR- May request additional documentation,
such as copies of federal tax transcript. 2-3 weeks processing time.
Special Circumstances Cannot report on FAFSA Provide information to SFS office
FAFSA Processing Results
Types of Financial Aid at CBS
Pell Grant & Scholarships
Does not have to be paid back
Awarded based on need and enrollment
CBS scholarships awarded based on meeting SAP standards and enrollment
Loans Money students and parents
borrow to help pay college expenses
Repayment usually begins after education is finished
Only borrow what is really needed
Look at loans as an investment in the future
CBS Online Application and Accepting Awards
Acceptance of Awards
Student Billing(myrecords.cbshouston.edu)
Disbursements and Refunds
After your fees and any other charges on your CBS student account are paid, any remaining financial aid will be refunded to you by check in the mail.
Generally, if Student Financial Services has disbursed aid onto your student account and a credit is created, you can expect to receive a refund approximately 5-14 business days later.
Enrollment Go to myrecords.cbshouston.edu Log in Go to “Billing” tab Click on “Make a payment/payment plan”Requirements Automatic bank payment (ACH) Credit/debit card $25 per semester nonrefundable enrollment fee $30 returned payment fee No minimum balance to participateAdvantages Easy online enrollment Monthly payment plan Flexible payment options No interest
Payment Plans
Student Responsibilities(pay attention to emails)
• Always refer to SFS office for questions about account• You MUST accept your awards in order for aid to be disbursed
1. Loans may be cancelled if not accepted within 30 days• Notify of any enrollment changes (Add/Drop)• CBS reserves the right to correct any errors made on financial aid
awards• Update address of record• Maintain SAP (GPA and Completion ratio)
1. Grades of F, W, WA, and I are not considered as satisfactory completion.
2. Warning, suspension, probation
Thank You