Other Deductions
Agency Sponsorship If all or part of your tuition should be billed to a sponsor, government or company (i.e. an employer), you must provide a copy of your billing authorization and/or sponsorship letter by the payment deadline. Your sponsorship letter must:
Federal Loans If Federal Direct Student or parent PLUS Loans make up all or part of your payment, these funds should appear on your invoice as pending items. Pending items reflect anticipated amounts, and they are subject to change. If federal loans do not appear on your invoice as credits or pending items, it may indicate that certain requirements for these loans have not been completed, and you should contact the Office of Financial Assistance at (617)353-2965. Graduate students should contact the financial aid officer at their school. Students can also check their financial aid application and award status on the Student Link. Private Loans If you are applying for private education loans, and the amount of the loan will be sufficient to settle your student account, you must submit a notice of loan approval to Student Accounting Services before the payment deadline to avoid a late payment fee. If you are receiving any type of loan, it is important to complete all requirements as early as possible to ensure that the funds are applied to your outstanding balance by the first day of the semester. In addition, you must make payment of any balance not covered by loans by the payment deadline to avoid a late payment fee. Scholarships/Awards Boston University Scholarships, State Scholarships, and Outside Awards may be deducted from your invoice if they do not already appear as pending items. You must enclose documentation of an award letter with your invoice stub. You must also notify the Office of Financial Assistance of any outside award or state grant received after your initial award package. Please note: Federal College Work Study Awards cannot be deducted from the amount due as they are paid directly to the student for hours worked. Funds from the Federal Pell Grant, Supplemental Educational Opportunity Grant, and Perkins Loan Programs will be directly credited to your account when you have met the appropriate requirements. Tuition Remission Boston University Employees Only If you are eligible for Tuition Remission, please visit the Tuition Remission Page from the Office of Human Resources. All other fees, room, board, and medical insurance must be paid by the payment deadline. Medical Insurance Medical Insurance is required for all full-time, three-quarter-time and international students. These students are automatically enrolled and their students accounts charged for a student Medical Insurance Plan. 2008/2009 Plan information is available at aetnastudenthealth.com. Sports Pass The Sports Pass will automatically be charged to your student account if you are a full-time Charles River Campus student. The Sports Pass will allow you admission to 18 home men's ice hockey and 18 home women's ice hockey games as well as 11 home men's basketball and 11 home women's basketball games (a $350 value). For individualized information regarding your sports pass, or to cancel your sports pass, visit the Student Link. Please note that only Boston University students with a Kerberos password will be able to view personal information on the Student Link. To obtain a Kerberos password, please contact Information Technology at 111 Cummington Street, (617)353-2780. You may deduct the Sports Pass charge from the balance you remit if you list the cancellation on your invoice stub. |
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