Whenever you receive a student tuition bill, it’s smart (and highly recommended) to review your bill to ensure it’s accurate. Specifically, there are a few key items you’ll want to check each semester to ensure your organization’s tuition coverage, scholarship or financial aid is being applied correctly.
Find out the best practices below or check out our article about understanding your college tuition bill for more background information.
What to look out for on your student tuition bill
Below are important points to keep in mind when it comes to your student tuition bill:
- It’s best to gain an understanding of what your organization’s education program covers so there aren’t any surprises if charges appear on your tuition statement that aren’t covered by your organization. For example, some organizations only cover or offer scholarships for program tuition and not additional school fees such as technology fees.
- To find out specific information about items on your student tuition bill, check your school’s website first. Most schools have a detailed breakdown on their website of the various tuition statement components. You can also contact your school’s student accounts or financial aid office directly.
- If you think your bill looks wrong (for example, If the amounts of any grants, loans and other aid on your student tuition bill do not match the amounts listed on your award letter), you’ll need to contact your school’s financial aid office or student accounts office (not your organization’s Human Resources department) to address any questions. Your school should be able to address any issues.
- Paper tuition bills are rare nowadays, so it’s highly likely your school is using an online information system for billing. Find out how your school will be sending notifications about changes to your account to ensure you receive important communications. Many schools use university email addresses, so get into the habit of checking your student email account. You can also request to change the official email on file so all notifications are sent to your most frequently used email account.
- In the beginning of each semester, check your account online at least once a week - if not multiple times a week - until all aid has been correctly posted. For universities, you can expect to see aid and tuition payments to appear at least 10 days before the start of the session, pending completion of the Free Application for Federal Student Aid (FAFSA®) and financial aid file (if required). Also check your account after making payments to make sure your balance has been updated accordingly.
These tips will give you the confidence to stay on top of your student tuition bill and enable you to be proactive in quickly addressing any issues.