Untitled - Academic Enhancement - Old Dominion University

Financial Aid Disbursement:We are the disbursing agent for students awarded fi nancial aidfunds. Funds are applied directly to student accounts and automaticallypay the charges. You are responsible for any remainingamount due by the deadline for charges not covered by thefi nancial aid.Financial Penalties:Registrations are not canceled due to non-payment of tuition ornon-attendance of classes. Once registered, students accept fi nancialresponsibility for payment to ODU. Those who fail to make fullpayment by the published tuition deadline are subject to fi nancialpenalties. Past due accounts are placed on hold until full paymentis received. Past due accounts are sent to a collection agency.Once a debt is 30 days past due, a 10 percent late penalty ofthe outstanding balance is assessed. The late penalty is the fi nalwarning that your account is past due. Unless you resolve the debtimmediately, the University will advance the debt to the next stepin the collection process. At 90 days, the debt is advanced to acollection agency and the account holder bears all costs associatedwith the collection efforts. The cost associated with collectionsefforts is 29.87% of the outstanding balance.Balance of Aid Checks:If the amount of fi nancial aid credited to the student exceeds theaccount charges, a balance of aid check will be mailed to thestudent’s permanent address listed with the Offi ce of the Registrar.Balance of aid checks are released 5-7 business days after theaid has been applied to the student account. Only students withall requirements met should expect to receive checks during thefi rst week of classes.Tuition Refund Policy:The University will refund tuition to students who drop within thepublished deadlines. Failure to attend a course after registeringwill not eliminate charges. Failure to pay will not release youfrom the responsibility for these charges. Registrations will not becanceled for nonpayment of tuition. Please visithttp://www.odu.edu/fi nance for detailed refund information.ODU Student Accounts:You can view your account by visiting Leo Online, StudentRecords. This section will allow you to view and pay charges,view disbursed fi nancial aid, class schedule and more. Fromhere, you may also print a copy of the billing statement.Student Account Representative:As an ODU student, you are assigned a billing representativebased on the fi rst letter of your last name. If you discover an erroror have a question about your billing statement, please contactyour billing representative. Please allow 1-3 business days for aresponse.Account Representative Contact Information:Telephone: (757) 683-3030Fax: (757) 683-4100Toll-free: (800) 244-1450Accounts A-DAccounts E-KAccounts L-RAccounts S-ZCotrina Young (clyoung@odu.edu)Nahleen Myrie (nmyrie@odu.edu)Vonda Norman (vnorman@odu.edu)Lourena Miles (lmiles@odu.edu)You may send payments or billing inquiries to the address below:Office of FinanceOld Dominion UniversityRollins HallNorfolk, VA 23529-0045Summer School Financial Aid:Summer School fi nancial aid is administered on a case-by-casebasis. There is a separate institutional application and an individualconsultation with your fi nancial aid counselor is required.Aid for the summer session is limited. The deadline for applyingfor summer is generally May 1.Applying for Financial Aid:Begin now to plan for next year. Most students who completeda FAFSA for the previous year will be able to fi le the applicationfor next year. The Priority Application Deadline is: February 15.Apply online with FAFSA on the Web. If you are interested inscholarships administered by the University, please note that yourrecord will automatically be considered. No separate applicationis required.Scholarships:If you receive a scholarship from a civic group, club, church orother organization, please ensure that the fi nancial aid offi cereceives a copy of your scholarship award notice. The scholarshipcheck should be forwarded by the agency to the fi nancial aidoffi ce at the address above. To expedite crediting of the scholarshipto your account, please ask the agency to write your nameand University Identifi cation Number on the check.3131