Bursar’s New Student Orientation Slide Presentation The Office of the Bursar is responsible for maintaining student accounts pertaining to tuition billing, acceptance fees, charges, payments, posting of financial aid, and refunds of excess funds. Credit: Penn State Scranton Bursar's Office Expand How and When Will I Receive My Bill? Student Account Statements are electronically generated on a monthly basis. Students will be notified via their Penn State e-mail account when their Student Account Statement is available online to view and pay (no paper statements will be mailed). Timing: Statements generated at the beginning of every month. Due dates are noted on your statement in the “Statement Summary” area. Credit: Penn State Scranton Bursar's Office Expand Screenshot of dashboard for statement summary Credit: Penn State Scranton Bursar's Office Expand Late Fee Assessment: Payments not paid by the due date will be assessed a 1.5% nonrefundable late fee on the unpaid statement balance. For Example: The Student has a $7169.00 unpaid balance: August: $107.53 September: $109.14 ($216.67 incurred in late fees) October: $110.78 ($324.45 incurred in late fees) **This will continue each month the bill is unpaid.** Credit: Penn State Scranton Bursar's Office Expand Bursar Account Delinquent Hold: This is a hold that will be placed on a student’s account for past due balances. This hold: Prevents enrolling for future courses Prevents the request for transcripts Prevents receiving diploma (if graduating) Credit: Penn State Scranton Bursar's Office Expand How Can I Pay My Bill? Lionpath/Higher One is a safe, convenient, and easy way to pay your bill online. You will find in Higher One that there are two ways you can pay your bill: eCheck (via HigherOne): Personal checking/savings account drawn from a U.S. bank, No Fee Credit Card (via HigherOne): Visa, MasterCard, Discover, American Express, 2% convenience fee Credit: Penn State Scranton Bursar's Office Expand Payment Plan Penn State offers an Installment Payment Plan. If a student has a balance due, this allows them to pay the balance over a 4-month period. A $45 non-refundable fee is charged to cover all administrative costs for the payment plan and is due with the first payment. When you view your Student Account Statement in Lionpath/Higher One at the beginning of the semester, you will be given the option to use the installment plan. The statement will list billable costs and the most current known financial aid. The first one-fourth of billable costs is payable by the due date of the tuition bill. Payments can be made by e-check or credit card and will be automatically deducted on the 22nd of each month. Credit: Penn State Scranton Bursar's Office Expand E Refund This is for students receiving financial aid in excess of their entire bill. You can sign up for e refund through Lionpath/Higher One. By signing up for e refund, the student will have their refund electronically deposited into a bank account. This is the preferred method for students as electronic refunds are processed every business day, while paper check refunds can take up to a month to receive. Credit: Penn State Scranton Bursar's Office Expand Authorized Payers Students have the option to grant a parent/guardian access to be an Authorized Payer in Lionpath. Giving a parent/guardian Authorized Payer Access allows them permission to view your statements, make payments, access the 1098-t, and receive notifications when the bill is ready to view and pay. Authorized Payer access is for billing access only; this does not grant access to grades, financial aid information, course schedules, or any other online student information. Credit: Penn State Scranton Bursar's Office Expand Permission to Use Federal Aid In your self service center in Lionpath under the “My Finances” tab, please click on the “Permission to Use Federal Aid” link to change it to Grant Permissions. Granting permission to use federal aid will ensure that any unexpected fees will be covered by your student aid. Credit: Penn State Scranton Bursar's Office Expand Tuition Adjustment The Bursar’s Office realizes there are times, whatever the reason, when students need to drop a course or withdraw from the University. In the event that this should occur, tuition is adjusted based on the following table: Timeframe for course drop/withdraw: First week of classes = Tuition Refund 100% Timeframe for course drop/withdraw: Second week of classes = Tuition Refund 75% Timeframe for course drop/withdraw: Third week of classes = Tuition Refund 50% Timeframe for course drop/withdraw: Fourth week of classes = Tuition Refund 25% Timeframe for course drop/withdraw: Fifth week of classes and beyond = Tuition Refund 0% Note: The table above is based on a standard 15 week course. Credit: Penn State Scranton Bursar's Office Expand Contact Information E-Mail: Emily Glodzik - [email protected] or E-Mail: Christy Healey - [email protected] Phone Number: 570-963-2515 Fax Number: 570-963-2520 Lionpath Support Office of the Bursar: www.bursar.psu.edu Credit: Penn State Scranton Bursar's Office Expand