Student-Financial-Literacy-1-4-10-2019

STUDENT FINANCIAL LITERACY

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What is Financial Literacy?

• The ability for postsecondary students to use
knowledge and skills to make good decisions
related to budgeting, borrowing, and
repayment strategies.

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Why is Financial Literacy
Important?

• Americans owe more debt on their student loans than they do on their
credit cards.

• Americans spend more than they earn, the time to save is now.
• Students who default on their student loans, damage their credit scores

which negatively affects employment opportunities and lower loan rates.
• To sustain financial well being of individuals and their families.
• Enable individuals to make informed financial decisions and plan for

unexpected financial hardships.
• Learn how to build a budget that works for you, to ensure your goals and

dreams are attainable.
• Take control of your debt before it takes control of you!!!

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Smart Ways To Pay For College

1. Determine the total cost of attendance
(COA)

2. Complete the Free Application for
Federal Student Aid (FAFSA)

3. Apply for Scholarships
4. Apply for Loans

(Direct Subsidized, Unsubsidized, Plus Loan,
Parent Plus and Private)

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1. Determine COA

• Go to www.jsums.edu
• Click Admissions
• Click Tuition and Fees
• The page contain Tuition, Housing, Meals,

Mandatory, and Optional fees.

Tuition $3,938

Housing $2,815
Meals $1,884
Out-of-State Fee $5,614

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2. Complete FAFSA

• Ways to fill out FAFSA
– Log in at www.fafsa.gov
– Use the myFAFSA of the myStudentAid mobile app
– Complete and mail a FAFSA form

• FAFSA is used to apply for free federal grants, work-study, and loans
• The IRS Data Retrieval Tool can be used to transfer their tax return information

directly into their FAFSA
• FAFSA start accepting form on October 1st for the next academic school year
• For more information on completing the FAFSA Form

– Contact JSU’s Financial Aid Office

• www.jsums.edu/financialaid/
• 601-979-2227

– Contact the Federal Student Aid Information Center at

• [email protected]
• 800-433-3243

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3. Apply for Scholarships and State Aid

Each scholarship has its own qualification
process.

• State of Mississippi Scholarships

– www.msfinancialaid.org/

• University and Local Scholarships

– www.jsums.edu/financialaid/scholarships/

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Registration

• Student must be admitted to JSU and have a
class schedule

• If you have enough in financial aid and
scholarships, your Registration will
automatically complete

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Understanding The Student
Account via JSU PAWS

1. View/Print Student Bill
2. Payments/Payment Plans
3. Complete Registration Status
4. Collections

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How to View/Print Bill

Step 1 Log into JSU PAWS
• Go to www.jsums.edu
• Click the P.A.W.S. link near top of the screen.
• Click Enter Secure Area (JSU PAWS)
• Enter User ID (J#); Enter PIN (date of birth ex. 010195)

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How to View/Print Bill

Step 2: Click the Student Tab
Or
Click Student & Financial Aid under
Main Menu

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How to View/Print Bill

Step 3: Click Student Account

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How to View/Print Bill

Step 4: Student Account. Click one of the
following:
TO VIEW SUMMARY OF ALL 'CHARGES':
Click Account Summary
TO VIEW SUMMARY OF ALL 'TERMS':
Click Account Summary by Term
TO VIEW DETAIL FOR SPECIFIC TERM:
Click Account Detail for Term (current and future
balance totals for the selected term and other
terms)
View the details of the account. Print if needed

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Payment/Payment Plan

1. Follow all the steps to View/Print Bill
2. If there is an account balance, click the
Credit Card Payment or Payment Plan button
The Touchnet Payment Gate will open
Note: Once Payment Plans have been

established or the account is paid in full,
Registration is automatically completed.

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Payment/Payment Plan

12 34 9
8
5 6

7

TOUCHNET PAYMENT GATE WAY

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Payment/Payment Plan

1. My Account
– Current Activity — See historical activity by term of transactions that have posted
– Statements — All of your statements, along with the amount due and link to detail
– Payment History — Any payments that have already been made

2. Make Payment — Make a full or partial payment to your account
3. Payment Plans — View your current payment plan, or enroll in a plan to pay your balance over time
4. Help — See your options for finding help with questions about your student account
5. Announcement — See the Announcement area for information about your campus bills and payment
6. Student Account

– Balance — Actual charges and credits that have been applied to your account
– Anticipated Charges — Funds that you anticipate as charges (tuition, fees, etc.) that have not been applied to your

account
– Anticipated Credits — Funds you expect to receive (loans, financial aid, etc.) that have not been applied to your

account
– Balance Including Anticipated Items — The total balance, after including Anticipated Charges and Anticipated Credits
– View Activity — See historical activity by term of transactions that have posted as well as current unposted charges

and credits for your account
– Enroll in Payment Plan — If your balance is eligible for a payment plan, you have 2 options :

(On-Line Plan) or (2) In-House Plan 4 Equal Installments Per Semester
– Make Payment — Follow this link to make a payment towards your balance

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Payment/Payment Plan

7. Statements — Your account statements are listed here; click a description to see the details
8. My Profile Setup

– Authorized Users — Give others (like parents) permission to view and pay your bills
– Payment Profile — Add a payment method to your account to make future payments quickly
– Electronic Refunds — Add, modify, or delete a checking or savings account for direct deposit of your

refunds
– Notifications — Add, modify, or delete a secondary email address (a non-JSU email address) to get

notifications and updates about your account
9. Logout — Always click Logout when you finish to ensure the privacy of your account information

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Complete Registration Status

Step 1 Log into JSU PAWS
• Go to www.jsums.edu
• Click the P.A.W.S. link near top of the screen.
• Click Enter Secure Area (JSU PAWS)
• Enter User ID (J#); Enter PIN (date of birth ex. 010195)

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How to View/Print Bill

Step 2: Click the Student Tab
Or
Click Student & Financial Aid under
Main Menu

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Complete Registration Status

Step 3: Click Registration

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Complete Registration Status

Step 4: Click Registration Services

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Complete Registration Status

Step 6: Click Check Registration Status

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Complete Registration Status

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Complete Registration Status

If the student’s registration is not
Complete, verify that the all payments
And financial aid has posted.
If there are any questions or concerns,
Contact the Business Office at
601-979-2216 or Sign up for an
Appointment using Tiger Queue on the
JSU mobile app.

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Collections

NON-PAYMENT POLICY
•At the beginning of each semester, the balance from a previous semester is due in full before registration can
be completed.
•If the balance from the previous semester is not paid in full there will be a 'Transcript Hold and a Financial
Services Hold‘ placed on the student account until ALL balances have been paid in full. The holds will prevent
access to grades, transcripts, and records.
•At the beginning of the semester, if a student does not have sufficient aid to cover the balance, a student
may elect to sign up for a TouchNet Payment Plan. The plan will allow the student to pay the remaining
balance in 4 equal installments.
•There is a $100 Deferment Fee that will be applied to the first installment payment.
•If a student has not completed registration by the 'Purge Period’ the student will be removed from their
classes, prohibited from entering the dormitory, restricted from accessing online classes, and barred from
accessing the functions of their JSU SUPERCARD.
•The only way to complete registration is to have all balance paid in full or set up a payment plan.
•There will be no exceptions -- this is the rule.
•Balances not paid in full by semester end will be sent to Heartland ECSI Recovery Select for collections.

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