Using Financial Aid to Pay Housing and Dining - 2017/2018
Non-residents: The information provided below does not include a calculation for non-resident tuition. Non-resident students who would like to defer their housing and/or freshman dining plan payments should contact the Student Accounts Office for calculation assistance: 805-756-1428 or firstname.lastname@example.org.
Registration fees (and non-resident tuition fees, when applicable) are automatically deferred for financial aid recipients until the anticipated financial aid for the term is posted to the student's account.
On campus housing and dining plan payments (when applicable) may also be deferred if the student has accepted sufficient financial aid for the academic year.
Financial aid is applied first to pay registration fees and tuition amounts, then to housing fees, and lastly to dining fees. Therefore, in order to defer housing fees using financial aid you must have enough accepted aid to cover all registration fees and tuition amounts, as well as the full amount of the housing charges. In order to defer both housing and dining fees you must have enough accepted aid to cover all registration fees and tuition amounts, as well as the full amount of the housing and dining charges.
Please use the tables below to determine if enough Financial Aid has been accepted to defer the charges you wish to defer. The estimated amounts provided below were calculated based on the highest total quarterly charge (Fall quarter) multiplied by three terms. Housing and dining annual charges are not equally divided into three quarters, meaning that students will incur higher housing and dining charges during the Fall quarter based upon the longer occupancy period and other factors. It is important to note that Financial Aid is divided evenly over the three quarters. As a result, students that accept the amount of Financial Aid indicated below to defer housing or housing and dining can expect to have a small amount of excess Financial Aid in the Winter and Spring quarters that will be automatically refunded. The amounts below do not factor in loan fees deducted by lenders and indicate the required 'net' financial aid.
Students who expect to have sufficient accepted financial aid, as indicated in the tables below, to cover either the full amount of their housing fees or the full amount of both their housing and dining fees, may choose to have those fees paid by financial aid by checking the Financial Aid payment method box on the Student Housing and Dining License Agreement. The Student Accounts Office will perform analysis in June and July to determine if there is sufficient accepted aid to cover either the full amount of housing fees, or housing and dining fees. If it is determined that the amount of accepted aid is not sufficient to allow the deferral of one or both of those fees then the student will be notified by email with instructions to either increase the amount of accepted aid or switch their payment method to personal payment by making the required initial payment(s).
A final analysis will be performed in August. If it is determined that the amount of accepted aid is not sufficient to allow the deferral of one or both of those fees then the student will be automatically enrolled in Installment Plan(s) in accordance with the terms of the License Agreement. The student will be notified of the enrollment via email, and will be responsible for any unpaid initial payment or installments that remain unpaid as of the date of the analysis. The student may also be responsible for any late fees assessed in accordance with the terms of the License Agreement. A similar analysis may be performed periodically throughout the year to verify that accepted financial aid amounts continue to be sufficient to allow deferral of housing and dining fees.