Financial Aid and Tuition Waivers
Financial Services provides critical financial and administrative services to students and employee. We are the department that bills students and third parties, processes federal financial aid refunds, pays employees and vendors, procures goods and services, prepares budgets and financial statements, processes accounting entries, reimburses employees for expenses, collects cash receipts and maintains inventory records.
Financial Aid
The awarding of financial aid is handled by the Financial Aid Office. Most financial aid is credited directly to the student account and will typically appear on the tuition bills prior to the start of the semester. Any amount of overpayment, between the billing charges and financial aid, is submitted for refund processing.
Scholarships are also applied directly to the student account, and any amount of overpayment is submitted for refund processing.
Generally, the University does not defer payment of bills on the basis of pending financial aid applications. In addition, in the event the financial aid application was received by Financial Aidin a timely manner and the delay in receipt of financial aid is solely the fault of the University, the Accounts Receivable Supervisor will consider making an exception. Otherwise, it is in the student's best interest to ensure the financial aid application has been received and processed by the Financial Aid Officein time for aid to be available at the beginning of the semester when the bills are due. Allow 2 months prior to the bill due date for financial aid processing.
Direct Loans, Scholarships, and Other Types of Assistance
- Please check your GullNet To-Do list for any tasks related to Financial Aid. If there are no To-Do's or they are completed, use the Bill Correction Formand submit no later than the due date of the bill any:
- Student Loan – Deduct 99% of the gross amount of the loan.
- Parent Loan – Deduct 97.5% of the gross amount of the loan.
- Other financial aid expected to be received.
- If you fail to return the bill and Bill Correction Formby the due date and financial aid has not been processed and applied to your account, your account will be assessed a late payment fee of $75 monthly until the balance is resolved.
If you submit the Bill Correction Formindicating you are receiving financial aid but it has not been applied to your account by the end of drop/add, you will be assessed a late payment of $75 monthly until balance is resolved. Please check your GullNet account regularly and follow up with the Financial Aid Office if you believe you have completed all requirements but financial aid is not posted to your account.
Tuition Remission
The University System of Maryland tuition remission policies and forms for faculty, staff, dependent children and spouses, senior citizens, graduate assistants, and members of the Maryland National Guard are available in each institution's Human Resources Office. For 糖心视频 employees, please see the SU Human Resources page to see the policies and to access the USM Tuition Remission Portal.
Individuals who are eligible for tuition remission must complete a remission form for each term in which they enroll and submit it to their home institution's Human Resources Office. The Human Resources Office will verify the information and send the form to the Accounts Receivable Office. For those attending an institution in the University System of Maryland other than their home institution, the home institution's Human Resources Office will verify the information and send the form to the host institution's Human Resources Office.
Remission forms should be filed prior to enrollment of courses. The remission credit will be reflected on the bill for the term, if the host institution's Accounts Receivable Office has received the approval form before the bill is emailed. Please note only tuition is remitted, the student will be responsible for all other charges on the bill. Payment due dates and all other University policies apply to individuals who are eligible for tuition remission.
Senior Citizen Waivers
To qualify for Senior Citizen Tuition Remission, you need to be at least 60 years of age and retired, your chief source of income needs to be derived from retirement benefits, not engaged in full-time employment, and be a Maryland resident. The Senior Citizen Tuition Remission formcan be found online or in the Human Resources Office. Tuition Residency formsare availableand must be submitted to the Tuition Residency Office for verification of Maryland residency. Those eligible are entitled to a waiver of tuition only not to exceed 9 credits per semester at the standard tuition rate for a single academic term. Mandatory and course fees are the responsibility of the senior citizen and are not waived. Tuition remission is granted on a space available only.
Maryland National Guard Waivers
Members of the Maryland National Guard are eligible for a 50 percent remission of the in-state tuition rate for a maximum of 6 credits per term. Certification of active status by the Maryland Adjutant General must be provided.
Questions about tuition remission should be directed to the home institution's Human Resources Office. 糖心视频's Human Resources Office has tuition waiver forms available for downloading and printing on their web site.