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To: Parents of New College Students This letter contains important information about tuition billing, policies, and dates that will be helpful during the 2007-2008 academic year. Please read it carefully. This information will help you avoid confusion and penalties caused by late payment. Also included is information about our alternative payment plans, which can help families budget tuition and fees throughout the academic year. Billing Dates and Payments The Bursar’s Office, (773) 702-7086, is located on the first floor of the Administration Building and is open to the public from 9:00 a.m. to 3:00 p.m., Monday through Friday. We are available for phone inquiries between 8:00 a.m. and 4:00 p.m. (Central Time), Monday through Friday. All bills will be mailed to the student’s Alternate (home) address, unless otherwise specified. A special billing address option is available on the web. To verify or specify a different address for tuition bills, the student should logon to cMore at https://cmore.uchicago.edu/. The first autumn bill scheduled to be mailed on August 20 is due September 14, 2007. It is the student’s responsibility to make certain that the address information is correct by August 14. You will not be excused from late fees because the bill was sent to an incorrect address. The tuition billing dates are available on the Bursar’s website at http://bursar.uchicago.edu/students.html. Instructions for making adjustments to the first bill for each quarter will accompany the bill. If payment for the first bill of each quarter is not received by the due date, a $50 late payment fee may be assessed. During the second week of each quarter, another statement will be sent reflecting any changes, including payments that have occurred since the first bill. Approximately three weeks will be given to pay any balance due. Failure to pay an amount due may result in an additional $100 late fee. Always include the student’s name and ID number on all payments mailed to the University. For families with U.S. bank accounts, the University also offers an electronic payment option on the web at http://bursar.uchicago.edu/students.html. This feature allows the payment to be withdrawn directly from your checking or savings account. Electronic Billing The University of Chicago, in partnership with Sallie Mae Solutions, offers the option to receive and pay tuition bills electronically. E-Bill allows students to view their bills 24 hours a day, 7 days a week, from anywhere in the world and to make payments over a secure web site (U.S. bank accounts only). Students and parents will receive notification by e-mail of any new bill, eliminating delays from standard mail delivery. There is no additional charge for E-Bill, and it just takes a few steps to sign up. For more information, please visit “What is Electronic Billing (E-Bill)?” at http://bursar.uchicago.edu/students.html. Loans The Student Loan Administration (SLA) Office, (773) 702-6061, is located on the fourth floor of the Bookstore Building and is open from 9:00 a.m. to 4:00 p.m., Monday through Friday. SLA may also be reached by email at student-loans@uchicago.edu. Federal regulations require that students who borrow from the Stafford or Perkins loan programs for the first time at the University of Chicago complete an entrance interview. The entrance interview may be completed at the following website, www.mapping-your-future.com. The College Aid Office makes decisions on the financial aid awards to college students. If awarded a Federal Perkins loan, a student will be required to sign a promissory note at the Student Loan Administration Office. After signing their promissory note and completing an entrance interview, the funds will be electronically credited to their tuition account. For important information about loans and entrance interview requirements, please visit the Student Loan Administration Office or log on to the SLA website: https://sla.uchicago.edu/. Tuition Payment Plans The University of Chicago offers two monthly payment plans which allow students or parents to pay all or part of the annual charges in several equal installments. These are not loan plans and no interest or finance charges are incurred. However, a non-refundable application fee is required. For more information about these plans, logon to http://bursar.uchicago.edu/students.html or contact the Program Administrator, Pam Wendell, at (773) 702-0341 or by email at p-wendell@uchicago.edu. Student Health Care Health and Wellness Fee: All registered students pay a mandatory Student Health and Wellness Fee each quarter of registration. This fee covers services of the Student Care Center and the Student Counseling & Resource Service. The Health and Wellness fee is separate from the student insurance which is described below. For more information about the Health and Wellness fee go to: http://studenthealth.uchicago.edu/healthfee/ Student Insurance: All students are required to have adequate health insurance coverage – through their parents, spouse, or themselves. Each year, every student must make an intentional decision to enroll in the University’s Student Accident and Sickness Insurance (SASI) or to waive that enrollment by showing proof of comparable insurance by the deadline. For students registered for Autumn quarter, the deadline is October 5, 2007. To enroll in or waive SASI, students must go online to https://registrar.uchicago.edu/health. Please note: The University does not accept waiver forms or letters requesting waivers in any format other than the official online form. Only a student with a CNet ID and password may submit this information online. The decision to enroll or waive SASI is binding for the remainder of the plan year (September 1st through August 31st). Students who fail to enroll or waive enrollment will be automatically enrolled in the SASI Basic plan and billed each quarter for the remainder of the plan year. Students approved to register at the university after the insurance enrollment deadline must contact the Campus Insurance Coordinator immediately upon registration to enroll or waive SASI. Failure to do so will result in automatic enrollment in the SASI Basic plan. For questions about SASI enrollment or benefits under the plan, contact the Campus Insurance Coordinator at (773) 834-4543 or (773) 834-1554, or visit http://studenthealth.uchicago.edu/studentinsurance/. Students may also submit questions via email to sasi@chickering.uchicago.edu. If you have any questions regarding our billing policies, please feel free to contact us at (773) 702-7086 or by email at bursar@listhost.uchicago.edu. |
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