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

Important Information/Dates  FAFSA Deadline Every Year: March 2 nd  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 FERPA Grantee • • Authorized by student Authorized by student • Access to Self-Service • Federal regulation • • Cannot discuss student Can discuss student information with University information with University • • Can be an authorized payer on Request copies of student account documentation • selfservice.redlands.edu • www.redlands.edu/ferpa • www.Redlands.edu/proxy

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

Other Funding and Payment Options  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

Special Circumstances  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

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