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SPRING FEES and FINANCIAL AID NEWS
Spring Fees CARS Billing Statements with assessed spring registration fees will be printed the weekend of November 20 and mailed before the Thanksgiving holiday. You should receive it by December 3, but are nonetheless responsible for paying fees by the deadline of December 15 even if you have not received a bill. Ensure that your local address is correct on Bearfacts. Fees can be read on Telebears if you do not receive a bill. Health insurance fees are automatically waived in the spring semester if they were waived in the fall term. However, the assessment for health insurance will show under New Charges. Do not panic because the waived health insurance amount will show in the next section of the CARS bill. You have the option of paying your bill in full or electing the Deferred Payment Plan (DPP), wherein your fees are paid in five equal monthly installments. There is a $40 participation fee each semester for the DPP. Students who entered in fall 1999, please be aware that your spring 2000 fees will appear $500 higher than fall semester as your deposit no longer offsets the total. Financial Aid and Spring Fees If you are a financial aid recipient and there are no holds on your CARS account, you have enrolled for at least 6 units in spring semester and returned all aid documents, then financial aid will credit your CARS account by the December 15 deadline. If your aid is not sufficient to fully pay your registration fees, you must pay the remaining balance by Dec. 15 to avoid a late CARS charge or a $40 Deferred Payment Plan charge. If your financial aid amount exceeds your reg fees, then the remainder will be disbursed to you hopefully according to the following schedule: Thursday, January 13 - if your Electronic Funds Transfer (EFT) request has been processed To sign up for EFT, download the form http://fbs.berkeley.edu/DISB/eftinfo.htm Tuesday, January 18 - checks will be mailed to local addresses for those students not signed up for EFT. It may take up to 5- 7 business days to receive the check. Be certain your mailing address is current with the University (database is different than Haas). You can update it on Bearfacts https://bearfacts.berkeley.edu NOTE: Although Berkeley may credit your CARS account with aid in December, the official disbursement date for your federal student loan is not until mid-January 2000. So interest does not begin to accrue on the second disbursement of your Unsubsidized Direct Loan until then. Also, if your company is paying registration fees, you will not receive a refund of your student loan until the third week of January. Individuals expecting their second disbursement of private loans checks can anticipate that the check will be available for pick-up or mailed to you (same arrangements as for your fall private loan disbursement) by the third week of January. If you have any financial aid questions, please contact me. Regards- debi _____________________________ debi fidler Director of Financial Aid for MBA Programs Haas School of Business, S472 University of California, Berkeley Berkeley, CA 94720-1900 voice (510) 643-1680 fax (510) 642-4700 - att1.htm
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