Money Matters
Finance News
2007-2008
tuition rates and fees.
Find out when,
where, and how to pay tuition.
Rates for room
and board are posted on the Housing and Residential Life
Web site.
Current transportation costs, including parking rates and busing
options, can be found at the Parking
and Transportation Services Web site. See www.umn.edu/pts/upass.htm for
information about the U-Pass, a discount bus program for University
students.
E-bills/UM Pay
The University uses an electronic billing and payment
system. Students have the option of paying
their bill online electronically by transferring funds from a checking
or savings account. They can also allow authorized users, such
as parents, to view and pay tuition bills on their behalf. Students
can authorize a parent or other party to view and pay their bill
by assigning a log-in name and password for each payer. When the
payer accesses the e-bill/e-pay system, he or she can change the
password if desired. As authorized payers, parents can transfer
funds from their checking or savings account to the student account
or charge a payment to their MasterCard, DISCOVER, or American
Express credit card.
Payments can be made by mail as well. Students can forward bills
to parents in an e-mail attachment, or they can print off the bills
and provide a printed copy to their parents.
For more information on e-bills and e-payments, see the following
Web site: http://onestop.umn.edu/onestop/Tuition_Billing/UM_Pay.html.
Financial
Aid, Scholarships, Loans, and Education Tax Benefits
Mission of the Office of Student Finance
The mission of the Office of Student Finance is to deliver exceptional
financial services in support of student academic objectives.
Parents' Frequently Asked Questions
The Office of Student Finance has come up with a list of the most
frequently asked questions.
 Financial
Aid
Free Application for Federal Student Aid (FAFSA).
En Español—FAFSA:
Solicitud Gratuita de Ayuda Federal para Estudiantes.
Financial Aid Guide
Find out more about how to apply for financial aid and scholarships,
determine aid eligibility, locate aid alternatives, and more on
the financial
aid Web pages.
Scholarships
A list of merit-based, campus-wide
or college-specific
scholarships can be found on the Admissions
Web site. Additional scholarship opportunities are listed
on the student One
Stop site.
Loans
PLUS Loans
Questions and answers for parents
about the Parent Loan for Undergraduate Students (PLUS).
Education
Tax Benefits
The University of Minnesota provides an Education
Tax Benefits Web site for University of Minnesota students
and their parents who may be eligible for education related tax
breaks, including the Hope Scholarship Tax Credit, Lifetime Learning
Tax Credit, and Student Loan Interest Deduction.
Protecting
Your Finances
The U.S. Department of Education encourages
students to be alert to identity
fraud.
Beware of Scholarship
Fraud
The Minnesota
Attorney General's office urges families to beware
of fraudulent college financial aid schemes.
The federal
government provides additional information about scholarship scams. En
Español
Student
Employment
See information about
on- and off-campus jobs, work-study, and the documentation students
need when they
begin working.
Past Articles of Interest
Tips from the Office of Student
Finance
Boynton offers free financial
counseling to students
Students and Credit Cards: Parent
Response
Parents' Voices of Experience: Advising
Students on Finances, Credit Cards, and Spending
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