<p>i’m really confused with the whole e-bill and financial aid stuff…</p>
<p>financial aid balance: 6,465.00
statement amount: $-3,398.80
total balance: $3,066.20</p>
<p>i know that those two numbers add up to $6,465 but what does “statement amount” mean?
does this mean i still have to pay $3,066.20 out of my own pocket even after financial aid?</p>
<p>It means you have $3,398 left in your financial aid balance for that quarter. They haven't deducted your housing fee yet which is why you have so much financial aid right now. Any negative balance in the statement amount will mean you will get that money for anything you want to spend it on. If housing is $3,000, you'll still have a good 400 bucks for stuff like books or whatever! =]</p>
<p>how come it still asks me to pay $3,066?</p>
<p>is it because they don't automatically deduct the money from financial aid?</p>
<p>It's pretty confusing. The easiest way I can explain is not to worry about the total balance. It's just there to tell you how much they're charging you. Your statement is where all your financial aid money kicks in. They already deducted the $3,066 so you don't have to pay anything at all right now. You still have a good 3k in your financial aid, which will pay for your housing when they charge you for it!</p>
<p>Put simply, right now you owe them $-3,398, meaning they owe you $3,398. On September 19th, they will disburse any leftover financial aid that didn't go to housing or tuition into your direct deposit account (if you set it up) or into a check that you can pick up at the office.</p>
<p>they automatically deduct the money from financial aid?
i thought i had to pick up the financial aid check and then pay from my account
so the check is only for leftover money?</p>
<p>since financial aid money won't be disbursed till 9/16
technically, i still owe them $3,066 right?
and then after 9/16 the money will be paid automatically?</p>
<p>Yep, they automatically deduct from financial aid. You will not be required to pick up your $6000 and pay the bill yourself, they'll do it for you. As stated earlier, you don't owe them anything now-- they owe you! Your financial aid has already taken care of that bill. Starting the 19th, you will be able to pick up a check with the <em>remaining</em> financial aid money (If tuition and housing are paid for, and you have leftover money, THAT is the money you'll be getting).</p>
<p>If you read the statement, you'll see that they deducted the money from your financial aid.</p>
<p>wow thank you so much marzxbarz!</p>
<p>thanks a lot for serious marzxbarz!</p>
<p>Wait, so we don't pay the total balance?</p>
<p>how do we find out how much money they owe us? i'm confused :(</p>
<p>You pay the total balance.</p>
<p>Look at your total balance. If it's negative like -$872.00 or whatever, they owe you $872. If you signed up for direct deposit, they will deposit it into your bank account. If not, you pick up the check.</p>