advertisement

Thursday, November 26, 2009

4/18/05
Financial Aid Office
(Page 6 of 6)

The bursar doesn't hand out money--that's a job for the financial aid director--but at most schools the office can help students budget by setting up a deferred payment plan that splits bills into regular chunks. Though the plans usually cost between $40 and $100, it's "a cheaper option than getting a late fee" that can be as much as 5 percent of the unpaid bill, says Mike Landi, the bursar at the University of Maryland. And, he adds, unlike paying late or not at all, "it keeps the students in good standing with the university."

advertisement

Web Extras

Aid: Will it still be there?

Blunders: Watch out for these financial pitfalls

If a payment plan won't solve bill-paying problems, bursars will often help students apply for more financial aid. Most offices have counselors who will go over options with students and even take them to the financial aid office. Suellyn Hull, the bursar at the University of Arizona, says her goal is "making sure that money isn't the thing that keeps students from going to class." -Elizabeth Querna


1 | 2 | 3 | 4 | 5 | 6
Article Tools
E-mail article to a friendGo to top of the pageRespond to this articleFree Email newslettersGet 4 free trial issues of the magazine

advertisement

advertisement

advertisement




Cover Image Subscribe to U.S. News Today!
First Name Last Name
Address City
State Zip Email


Copyright © 2007 U.S.News & World Report, L.P. All rights reserved.
Use of this Web site constitutes acceptance of our Terms and Conditions of Use and Privacy Policy.

Subscribe | Text Index | Terms & Conditions | Privacy Policy | Contact U.S. News | Advertise | Browser Specifications