Important Information/Dates FAFSA Deadline Every Year: March 2 nd - - PowerPoint PPT Presentation

Important Information/Dates

• FAFSA Deadline Every Year: March 2nd
• Fall 2020 Student Account Payment Deadline: August 10, 2020
• Self-Service – http://selfservice.redlands.edu
• Financial Aid
• Student Account Information
• Tax Information
• My Documents
• Proxy Users
• FERPA
• Parent Contact Information: http://www.redlands.edu/ParentUpdateForm/

Proxy vs FERPA Authorization

Proxy User

• Authorized by student
• Access to Self-Service
• Cannot discuss student

information with University

• Can be an authorized payer on

student account

• selfservice.redlands.edu
• www.Redlands.edu/proxy

FERPA Grantee

• Authorized by student
• Federal regulation
• Can discuss student

information with University

• Request copies of

documentation

• www.redlands.edu/ferpa

Self-Service – Home

Student Finance – Account Summary

Student Finance – Account Activity

Student Finance – Account Activity

Student Finance – Account Summary

Student Finance – Payment and Payment Plans

Nelnet Payment Processor – Home

Payment Options

• Standard Payment – One payment per term
• Online via ACH
• Mail via check
• Monthly Payment Plan
• 4 monthly payments during the term (August through November)
• $35 enrollment fee
• Automatic bank payment (ACH)
• Additional Student or Parent Loans

Student Loans

• Accepting Your Student Loans: Link on Self-Service
• Complete Master Promissory Note (MPN)
• Complete Entrance Counseling (EC)
• Complete Truth In Lending Act Disclosure (TILA)
• 2020-2021 Interest Rates
• Federal Subsidized Direct Loan: 2.75%
• Federal Unsubsidized Direct Loan: 2.75%
• Redlands Loan: 5%

Additional Loan Options

• Parent Plus Loan
• Interest Rate: 5.30%
• Origination Fee: 4.236%
• https://www.redlands.edu/sfs/plus
• Private Student Loans:
• Interest Rate: Varies by lender (fixed and variable rate options)
• Origination Fee: Varies by lender
• https://www.redlands.edu/sfs/alternativeloans

• Scholarships: www.redlands.edu/SFS/outsidescholarships
• Notify Student Financial Services
• Pending scholarships will apply as pending financial aid on student

account statement

• 529 Plans
• Request payment from your 529 Plan
• Notify SFS if the payment will not arrive before 08/10
• Employer Benefits

Other Funding and Payment Options

• Special Circumstance appeal: www.redlands.edu/sfs/sfsforms
• Change in Parent’s income
• Change in student’s income
• Unusual one time medical expenses
• Change in household size
• CARES: www.redlands.edu/CARESACT
• Technology
• Housing
• Food
• Transportation

Special Circumstances

Financial Aid Disbursements and Refunds

• Financial aid will fully disburse during the first

week of classes

• Refunds will be sent within 7-14 days
• Check mailed to the account on file
• Sign up for direct deposit via Web Advisor

Purchasing Books & Supplies

• Purchase books during orientation week
• Rent or buy online
• On-campus bookstore

Work Study Fall 2020

• Limited to essential positions
• Increased Federal Supplemental Educational

Opportunity Grant (FSEOG) Grant for Pell eligible students.

• Local job opportunities off campus
• MyRedlands – Presence – Part-time job board

Resources

• Student Financial Services FAQ: www.redlands.edu/SFS/FAQ
• Payment options: www.redlands.edu/SFS/paymentoptions
• New Student Welcome Page:

www.redlands.edu/welcomenewstudents

• Student Financial Services:

SFS@Redlands.edu 909-748-8047