MONEY MATTERS

1
MONEY MATTERS New Student Orientation 2009

2
Americas 100 Best College Buys Over 10 Years
running Academics Services Involvement
Opportunities _at_ Costs Value
3

Undergraduate Tuition and Fees Tuition (per
credit hour) Resident 94.00
Non-Resident 358.00 Semester fees
for FT students 453.23 Full time benefits
include Student Health, Athletics, and Campus
Recreation Fees listed do not include special
fees (computer, etc.)
4

IMPORTANT FINANCIAL DATES

• August 10, 2009 Tuition, fees, room and board,
  and if applicable, student health insurance are
  billed to students accounts (bill available on
  WyoWeb)
• August 24, 2009 Classes begin fees are now
  non-refundable (see page 13 of Fall 2009 Class
  Schedule for Tuition Refund Schedule)
• August 28, 2009 All fall semester university
  charges are due by 400pm. Installment payment
  plan is available for students who
• Make a confirmation payment of 1/3 total balance
  by 400 p.m. August 28, 2009 (Financial aid can
  be used to cover the 1/3 balance due)
• Installment Plan Payment 2 due September 25,
  2009
• Installment Plan Payment 3 due October 16, 2009
• Installment plan setup charge is 15.00
• Payment deadlines will be strictly enforced or
  student will be dropped
• Students may check their Student Account on
  WyoWeb or call 307-766-6232
• September 4, 2009 Last day to withdraw without
  financial penalty to UW
• September 4, 2009 End of Add/Drop period Last
  day to waive mandatory health insurance

5

Paying Your Bill TUITION FEES Extensions may
be granted (See Accounts Receivable)
PAYMENT METHODS Payments are accepted in Cashiers
Office, by Mail or Online -Cash, Check, Money
Order, Cashiers Check -Credit Card
6
Billing and Payment Contacts
Accounts Receivable Knight Hall, Room 250 1000
E. University Ave Dept 3623 Laramie, WY
82071 Phone [phone] Fax (307)
766-3633 acctrecv_at_uwyo.edu
Cashiers Office Knight Hall, Room 170 1000
E. University Ave Dept 3903 Laramie, WY
82071 Phone [phone] Fax (307)
766-3633
7

• Student Financial Aid
• Its Not Too Late for federal assistance!
• File FAFSA at www.fafsa.ed.gov and get PIN at
  www.pin.ed.gov
• Award Notices (Electronic On WyoWeb)
• Note changes if you received update notices
• Loans
• Accept loan offer on WyoWeb then we process
  through loan guarantor who will contact student
  to sign Master Promissory Note.
• Student borrower must do Entrance Interview
  before funds can be disbursed to the students
  account - www.uwyo.edu/sfa/eonline.htm
• Need More Assistance?
• Student Employment on off campus
• Parent and Alternative Loans
• Scholarship Searches www.fastweb.com

8
Student Employment
Student Employment Great experience
references Part-Time Employment See Nancy in
Human Resources Approx. 3,000 jobs on and off
campus More at the Resource Fair I-9
Picture ID SS Card/Birth Certificate E-Recruitin
g Passwords
9
Continuation of Financial Aid Awards

• UW Academic Scholarships
• Most require a minimum of a 2.50 cumulative GPA
  and full-time status
• Dont assume clarify your award with Student
  Financial Aid
• Understand the impacts dropping a class, taking
  a semester off, etc.
• Federal Financial Aid
• Satisfactory Academic Progress Requirements
• Pass and complete 67 of coursework
• Maintain a 2.00 cumulative GPA
• Not exceed 180 credits in pursuit of
  undergraduate degree

10
Continuation of Financial Aid Awards

• Hathaway Scholarships (WY residents only)
• Honors Performance Level
• Complete 12 credits/semester and achieve a 2.50
  cumulative GPA.
• If below 2.50 but at least 2.25, slip to
  Opportunity level
• Opportunity Provisional Opportunity Level
• Complete 12 credits/semester and achieve a 2.25
  cumulative GPA
• IMPORTANT Remedial coursework does not count
  toward credits needed to receive and retain
  Hathaway scholarship!
• Federal ACG/SMART Grants (Federal Pell Grant
  recipients only)
• Meet federal requirements for satisfactory
  academic progress
• Maintain minimum of a 3.00 cumulative GPA
• Federal TEACH Grants Explained at interview

11
Financial Aid Contacts
Office of Student Financial Aid Campus
Address Knight Hall, Room 174 Mailing
Address Dept. 3335 1000 E. University
Ave. Laramie, WY 82071 Telephone (307)
766-2116 FAX [phone] E-Mail finaid
_at_uwyo.edu
12
Financial Aid Contacts

• Scholarships Sally Schuman, Associate Director
  307-766-2411
• Tammy Mack, Assistant Director
  307-766-2117
• Federal Programs Kathy Bobbitt, Assoc. Dir.
  307-766-2996
• Pell Grants Mary Candelaria, Assistant
  Director 307-766-2525
• Stafford Loans Corina Trujillo, Loan
  Specialist 307-766-3886
• Work Study Virginia Arthur, Work Study Spec.
  307-766-2317
• Director OSFA David Gruen
  307-766-6726

13
Student Medical Insurance
Soft Waiver Program Select with registration
online or phone (However, must do prior to end
of drop/add period each semester Sept.
4) Basic Medical Insurance 250
deductible 75/25 co-pay of reasonable and
customary Pharmacy benefit greatest savings if
through Health Service 20,000 maximum per
illness/injury 382 for Fall 540 for
Spring/Summer
14
College Student Credit Card Usage

• A recent study by Sallie Mae found
• 84 of undergraduates had at least one credit
  card
• The average balance is 3,173
• 21 of undergraduates had balances of between
  3,000 and 7,000
• 92 used credit cards to buy direct expenses such
  as textbooks and school supplied
• 30 used credit cards to pay tuition
• Only 17 regularly paid off all cards each month

15
College Student Credit Card Usage

• 39 of freshmen arriving on campus have at least
  one credit card already in hand
• Only 15 have a zero balance
• Median debt for freshmen is 939
• Seniors are graduating with an average credit
  debt of 4,100
• Close to 1/5 of seniors carried balances greater
  than 7,000
• Average number of cards is 4.6 while half of all
  college students had 4 or more cards

16
College Student Credit Card Usage

• So why are we so concerned?
• High debt is associated with
• Dropping out
• Excessive stress/anxiety

17
Thank you for attending!