<p>Does anyone know how a Jan term is usually billed? </p>
<p>We got a bill for fall semester. ANd then the bill shows a half year of financial aid, and then that was deducted from the bill. There will be a Jan term in the middle. Is that usually just included? Or will we get an additional bill?</p>
<p>Most colleges will provide a new bill in Nov. that is due early Jan. That bill will provide credits for half of your aid and half of your loans. If you take any money out of a 529 or Coverdale account, make sure you pay the bill during the same calendar year as the withdrawal.</p>
<p>I’m not sure why you would ask this question in general, as it seems that it’s only common sense that different schools might do it differently. It would seem to make more sense to contact your own school.</p>
<p>I actually intend to contact the school. It was not on their site and I had already tried to call and didn’t reach someone. Just thought I would ask in case anyone knew.</p>
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You have a choice: pay the balance due in this year or next year.</p>
<p>I read this as OP asking not about billing for the spring semester, but about a January term in between the fall and spring semesters, and how aid would be applied to that mini-semester if half was already attributed to the fall semester. I would be confused by that as well, but agree that the answer lies with the school. (Having a bad morning, Pizzagirl?)</p>
<p>Some colleges with Jan Terms or J-terms don’t charge anything extra for it. If the student is full-time Fall and Spring, there isn’t a charge for J-term. If the Fall bill had just half the financial aid, that might be the case.</p>