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Financial Aid & Student Accounts

 

What's the Difference Between Financial Aid and Student Accounts?
 

Both offices work together on your behalf. Financial Aid helps you secure money to pay for college in the form of grants, scholarships and loans. Student Accounts helps you set up payment arrangements to pay tuition and fees on time... so you stay enrolled at CBU and on track to graduation. 

Financial Aid (FA)

  • FAFSA
  • Grants
  • Scholarships
  • Loans

Student Accounts (SA)

  • Tuition and Fees
  • Payment Options
  • Payment Due Date
  • Book Vouchers
  • Refunds

Things to Consider

The financial decisions you make now will define your financial future. Therefore, it is important to know the factors associated with covering the cost of college.

When thinking about how you will pay for tuition and fees, we recommend you consider the following: 

Cost of Attendance (SA)

Tuition and fee rates vary based on major and degree program. Additionally, the choice to attend part-time vs. full-time, or to live on campus and purchase a meal plan can greatly impact your total cost of attendance. At CBU, we bill students on a semester basis. To consider your total estimated cost to attend CBU per semester, per year and per degree program, we recommend you speak with your Student Accounts Counselor.

Financial Aid (FA)

(Scholarships, Grants, Loans)
Your academic standing and financial need as determined by the Free Application for Federal Student Aid (FAFSA) can impact the amount and type of financial aid offered. CBU's Financial Aid team is committed to helping you find and secure the resources you need to finance your educational investment. We recommend you speak with your Financial Aid Counselor to review all possible aid opportunities.

Out-of-Pocket Costs (SA)

Most students at CBU can expect some out-of-pocket costs. To determine your estimated out-of-pocket cost you will need to take your total cost of attendance minus your financial aid award.

Note: Taking out excess loan monies? Consider how you want to receive your refund at calbaptist.edu/cashcard


How to Cover the Cost of College In 7 Easy Steps

 

1. Complete Your FAFSA (FA)

Complete your FAFA at fafsa.gov. The Financial Aid team will review your FAFSA to determine your eligibility for grants, scholarships, and loans. CBU also offers various institutional scholarships to help cover the cost of attendance.

Types of Financial Aid

  • Pell Grant and SEOG - Federal Grants do not need to be repaid
  • Cal Grant - State Grant does not need to be repaid
  • VA Benefits - contact Jay Villasenor in the Office of the Registrar at 951-343-4566
  • Institutional Aid - scholarships and grants from CBU do not need to be repaid
  • Private Scholarships - money from private donors does not need to be repaid
  • Direct Loans / PLUS / Alternative Loans - funds borrowed must be repaid

2. Submit a Signed Tuition and Fee Agreement to Student Accounts (SA)

This agreement expresses you understand your responsibility to pay your tuition and fees to CBU on time each semester. Click here to complete the Tuition and Fee Agreement.

3. Submit All Financial Aid Documents (FA)

4. Accept / Decline Financial Aid Award on InsideCBU (FA) 

Go to My Award Letter on InsideCBU. You may accept / decline or reduce aid as needed to cover your charges. The amount awarded may be reduced or cancelled if you are enrolled less than full-time or cease attendance during the semester to comply with Federal, State, and University regulations.

Note: Do not assume you Financial Aid Award will cover your balance in full.

5. Check your Course and Fee Statement (SA)

The Course and Fee Statement shows what courses you have registered for and also provides the estimated charges and accepted financial aid associated to that semester. Any unpaid balance could result in courses being dropped.

6. Cover Your Tuition and Fees through the Approved Payment Options (SA)

You must complete payment by the first day of class (September 5, 2017). In future semesters, you must complete payment by the Payment Due Date (August) to maintain enrollment.

Approved Payment Options

  • Online Payment Options
    • Pay online through InsideCBU using CASHNet (see instructions below)
    • eCheck, credit card, and foreign currency payments are accepted
  • Check Payment
    • Please include the Student ID# on the check
    • Payments must be received in the Student Accounts Office by the first day of class, September 5, 2017.
    • International, Special Admit, and Professional Development students must pay in full by the first day of class, September 5, 2017.
  • Semester Payment Plan
    • The CASHNet plan enables you to pay all or part of your semester charges in four monthly installments without interest
    • Payments are automatically processed on the 5th or 20th of the month as selected at the time of enrollment
    • A $35 per semester enrollment fee will apply at the time of enrollment
    • To enroll online click here to go to CASHNet
    • Re-enrollment by the Payment Due Date is required each semester

Note: A Late Payment Fee will apply if the first monthly payment transaction is not successful.

7. Payment Due Date (SA)

All student account charges are due by the Fall 2017 payment due date, August 9, 2017.

To maintain enrollment, students must complete payment and agree to the terms and conditions of the Tuition and Fee Agreement. In addition, students must meet all academic and Standard of Conduct requirements. 

If a balance exists, a hold will be placed on the student account preventing release of diploma, transcripts, and future registration until the balance is paid in full with verified funds.

The university expects students to cover all charges for the current semester before advancing to a future semester.

In future semesters, returning students who do not pay by the Payment Due Date will incur a $200 Late Payment Fee. Additionally, enrollment may be cancelled for students who do not complete payment prior to the non-payment drop date.

Once you have set up payment arrangements check your student accounts status on the Student Accounts tab on InsideCBU. You will see a green "Enrollment Confirmed" box if the Student Accounts office has confirmed your enrollment. If you have not completed payment arrangements for the semester you will see a red "Enrollment Not Confirmed" box.

Student Accounts Confirmation


If you have any questions please contact the appropriate office using the information below.

Financial Aid
951-343-4236
finaid@calbaptist.edu

Student Accounts
951-343-4371
studentaccounts@calbaptist.edu


You can now proceed to Step 7 - Welcome Weekend.