<p>Payments and Financial Aid
06/21/2007 Admissions Enrollment Deposit 100.00 CR
07/18/2007 RPS Payment 50.00 CR
Total Payments and Financial Aid: 150.00 CR</p>
<p>Anticipated Aid
09/16/2007 Fed Stafford Subsidized Loan 1,464.00 CR
09/16/2007 Fed Stafford Unsubsidized Loan 286.00 CR
09/16/2007 Indiana Univ Grant 1,500.00 CR
09/16/2007 IU A&S Indiana Scholars Schl 500.00 CR
09/16/2007 Deans Scholarship 1,500.00 CR
Total Anticipated Aid: 5,250.00 CR</p>
<p>so does this mean I only have to pay out of my own funding $1104.28 this semester? But my meal plan is not included on this? Something certainly seems to be missing. Oh, and books of course.</p>
<p>Also, will I still need to pay the whole total due and then get credited back the financial aid or just pay the difference or what? And what if I'm supposed to be getting an outside scholarship paid to the bursar? </p>
<p>I'm just confused about what this all means/what I need to pay for still/etc.</p>
<p>It means I hate you because i'm paying 12X that amount :P</p>
<p>My meal plan wasn't on the Bursar bill either. It will probably be on the next bill.</p>
<p>Your balance is the "Total Due". That's the only number important. It's the amount you owe. Of course, if you don't pay the minimum amount by the date there is a deferral fee, it's something like $20.</p>
<p>What classes are you taking for that $495 music/performance fee? That's pretty hefty, hopefully you're doing more than one class.</p>
<p>Private voice lessons, 1 on 1, so that explains the high fee</p>
<p>I might be dropping it actually. The course descriptions book didn't say much about it, and since I've been taking them for a few years, I wanted to continue. What I found online after the fact is making me a little nervous -- 50% of your grade is based on a sort of singing test at the end of the semester. With my bad nerves, it sounds like a dangerous thing for my GPA :P</p>
<p>Yep i'm paying about the same as you wolves and right now i feel like crying lol. :P Yea i just double checked mine to see if magically went down</p>
<p>Yes, IllinoisMom is correct. Also you may either pay the total due or the minimum, but you have until August 10 to do that. I would definitely check on the outside scholarship. If that will go to the bursar, it will be deducted later, so you may just want to pay the minimum now. But check and see first. (Of course, you will also have board fees added later, so the scholarship could go toward that.)</p>
<p>And, yes, I am also jealous, as my son's minimum due is over $3600--I don't even want to LOOK at the total due, as we won't be paying it all at once anyway. (I think it's $8000+, and it doesn't cover room or board, as he is renting a house this year.)</p>
<p>Oh, another thought. If you have an outside scholarship coming that is decent sized, you may want to consider declining the unsubsidized Stafford Loan and perhaps even some of the subsidized one, if you can afford it. The less you have to pay back after college, the better.</p>
<p>Meal plans and housing costs are put on starting in the second month--and usually are allocated over an 8-month period. </p>
<p>Also, they estimate the financial aid, but don't apply it until the second month for the Fall Semester--and apply it in January for the Spring Semester.</p>
<p>Also, note that if you want to pay only the $478.91 now, they charge you $30 to carry over the balance (in your case another $478) until the next month. This is high, percentage-wise, for you--but for us people who need to pay around $8,600 this semester, paying $30 extra to not pay the extra $5,000 for one month ($3,600 is my minimum payment) is a relative bargain. Note that my bill would be even larger than $8,600 (like Susantm's costs) except for the fact that (1) my son has taken out $5,500 in loans this year ($2,750 per semester), and (2) my son has moved out of his dorm this year and has no meal plan. So I pay the monthly $750 apartment fee to the housing company directly, and the $200 a month to cover food to my son personally.</p>
<p>This makes my total out-of-pocket expenses this school year around $25,750--not counting books or his transportation costs to and from California to Indiana. I can also expect this to go up around $2,000 next year from tuition increases--and another $1,000 once he gets into the Kelley Business School</p>
<p>Calcruzer, your son is paying $750 a month for an apartment? Then my son was correct in saying he was getting a good deal. He is renting a house with two other guys, and his share will be $400 a month. Not knowing prices back there, I wasn't sure how good that was--but it sounds like it IS a nice deal. (And the house sounds quite nice, as do the roommates, so I am happy for him.)</p>
<p>No way around it, the place IS expensive for out-of-state students.</p>
<p>$750/month for an apartment? The only complexes I can even think of charging that much is the complexes downtown, such as 10th and College, Smallwood, and The Kirkwood. The luxurious urban ones. Although if your S is staying in a single apartment, then I can imagine he might have to pay that much.</p>
<p>That's a high number for IU, after utilities the condo I'm looking at next year is $300/month, which is cheaper than what i'd be paying per month to stay in the Residence Scholars dorm, the cheapest one at IU. And that's not factoring in the gigantic savings in the meals.</p>
<p>$750 compared to the apartments that the UC kids live in is not bad at all LOL. I've been talkin to some friends and its usually $1000+ for 2 bedroom apartments. </p>
<p>but $750 at Indiana is probably a upper-end living unit so all i have to say is niiiiiiiiiiiiiiiiice. someone is ballin hint hint :)</p>
<p>In SF, the average two bedroom apartment costs over $1500, and singles start around $900 to $1000, so although $750 is high, it's not totally out of line for what we are used to, especially considering that it is (1) fairly upscale, (2) downtown on Kirkwood, (3) new (he'll be the first to ever live there), (4) has built in washer-dryer in his unit, and (5) includes all utilities. Besides, I think single dorms this year cost about $610/month, so $750 to not have someone running up and down the halls partying, next door roommates playing music at high levels, and someone knocking at the outside door at 3 AM hoping my son will let them in the dorm makes it worthwhile IMHO.</p>
<p>I guess it's all relative also--I mean I'm paying $25,000 for him to be in the dorm--so going to $26,000 for him to be in an upscale apartment is not the biggest of my problems.</p>
<p>Ok so to pay for me bursar account, how do i use my financial aid to pay off as much as i can? Becuse i haven't figured out how to pay the bill w/ out using cash as of yet</p>
<p>Do you have outside scholarships for the coming school year? If so, you should call the bursar's office tomorrow and see how they want them handled. Since the first payment is due on 8/10th, you need to call them ASAP.</p>
<p>If the financial aid (grants, scholarships & loans) is from IU, your bursar's account should already reflect those deductions.</p>