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How much money should my son/daughter
need for a typical week at Ferris?
For students
living on-campus you can figure approximately $30 - $50 per week in spending
money. That amount is calculated into the $19,000 in the next question.
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How can I estimate the expenses my student and I will incur for the upcoming
academic year?
Yearly expenses
can be calculated by the following: tuition, room and board, books, supplies,
and miscellaneous expenses. For the 2007-08 academic year the approximate cost
for an in-state student living in on-campus housing and eating in the dining
centers would be roughly $19,000 for two semesters.
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Are on-campus banking facilities available?
Students wishing
to open a new
Huntington
account may do so at the
Student
Service Center
during summer orientation, or at the local Big Rapids Huntington Branch,
activating the debit card features of a new Bulldog identification card. The new
card allows students to receive student aid refunds electronically and to have
direct deposit of their Ferris State University paychecks. Students also will
benefit from a no-fee checking account, immediate access to financial aid
refunds, full service ATM's operating 24 hours a day and the ability to complete
banking transactions on-line through Huntington's Web bank. The card can be used
at local merchants with debit-card capabilities. Future plans include the use of
the ATM to sell tickets to campus events, and to transfer monies due on student
accounts.
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How are students billed for college costs?
Students have two options to pay their tuition & room and
board charges at the beginning of the semester. Students can
pay the full balance of the charges that are due approximately
one week before classes begin each semester; or they can
choose to pay 50% a week before classes, 25% by the
middle of the month following the beginning semester, and the final
25% by the middle of the third month of the
semester. (There is a $20 deferred payment charge for this
option.) Students receive a monthly statement either at their
local address, or if they designate, their home address. This
statement would indicate charges they had for long distance
phone service, special events or tuition charges.
In order to register for the next semester, the student’s
account balance must be below $150. |
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How does my son/daughter pay a past due bill and get it
credited quickly?
Any bill can be paid on-line via E-Bill. You may use your
checking account or credit card. Simply click on the “Quick
Links” drop down box on the FSU homepage and select “Payments
On-line (Student)” or “Payments On-line (Parents).” Any bill
can also be paid by calling the Business Office or
Student
Service Center in the Timme Center at 231.591.5242 with a
credit card (VISA, Master Charge, or Discover) and the
payments will be credited to their account immediately.
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Does Ferris have an account for my student where I can deposit
money to help with on-campus expenses?
Currently students can put money on deposit on the Bulldog
Card. Click for more information on the
Bulldog Card. |
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Will the Business Office cash a check?
Checks can be cashed at the Timme Student Service Center for
up to $100 providing the student account is paid up to date and they have
not had checks presented to FSU that were returned unpaid. Only one check may be cashed per day.
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What if I need cash fast, but have no access to
get it?
Student Services will extend a $50 cash loan to students
providing they do not have a “current balance” due. A student
must present a valid student ID card in order to receive the
cash advance. Students may receive 3 cash advances a semester,
but no more than once every thirty days.
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Are there any charges/fees that are optional or
that I could get reimbursed?
Yes, there are 4 refundable fees
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Health Center $47
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Racquet Facility $13
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Student Activity $20
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Student Government $1
(Check refund schedule for the dates and locations where these fees can be removed.)
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Is there any incentive to paying my tuition in
full?
Yes, you will not be charge the $20 deferred payment fee.
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Will I be charged a late fee if my account is
not paid in full?
Yes, a 2% late fee is assessed 2 times per semester for past due
balances.
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