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Student Financial Services assists with the financial needs of enrolled students. Payment of charges on the College student bill, financial aid and related matters are key functions of this department. The Student Financial Services Office is located on the first floor of the Garrison-Foster building. If you have any questions regarding student financial matters, please feel free to call us at 1-800-723-4033, email sfs@colby.edu or stop by the office.
Planning for Off-Campus Jan Plan Trips is underway. All trips require a $500 non-refundable deposit due by Friday October 11th, or earlier if required by the trip leader. Student account balances must be paid in full before a Jan Plan Deposit will be considered as such. Final payment is due before December 1, 2013, when trip leaders will be notified of any unpaid balances. For financial information, including payment methods and how to notify SFS for which trip the deposit is intended, please click here. Details about trip offerings, including estimated costs if available, can be found on the Off Campus Study website by clicking here.
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Financial information pertaining to billing, student health insurance, optional tuition refund insurance, a third-party payment plan, and federal loans is summarized in an email which will be sent to students at their Colby email address by early July.
To view the Student Financial Services 2013-2014 Brochure, please click here.
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All students enrolled in a Colby-billed program must have health insurance coverage, and all are required to complete the online registration form annually - even if health insurance information is given to other offices on campus. The form either affirms coverage in the plan, or allows students with comparable coverage to waive the insurance and associated fee. The 2013-2014 annual premium of $1,095 will be billed to students in July. Students choosing to waive the fee must complete the form no later than August 1, 2013. For questions concerning coverage provided under the Commercial Travelers Insurance Plan, please call the Cross Agency at 1-800-537-6444. Click here for more information and to complete the 2013-2014 Student Health Registration form.
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Students interested in borrowing a federal student loan must submit the Federal Loan Request Form to document their decision to borrow. Please read about federal student loan borrowing and loan limits, before making any decisions to borrow. Remember, Federal (student) Stafford, and (parent) PLUS Loans will show "tentative" on the student account statement within 7 days of receiving a completed Loan Request Form. Federal grants and loans as well as institutional grant will be posted to the student's account no earlier than 10 business days before the first day of classes each semester.
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Colby Financial Aid Renewal Applications for the 2013-14 school year were e-mailed to students in March at their Colby e-mail account. Parents were copied if the student had previously granted financial permissions and supplied the parent e-mail address(es). The deadline to submit the application is April 15, 2013; applications will be reviewed in the order in which they become complete. There will be a $500 grant reduction for late applications. The Renewal Application and additional information can be found under the 'Finances' tab of the student's myColby portal by clicking on 'Applying for Aid (Enrolled Students)' on the left- hand side. Parents with permission can also find the link after logging into the parent portal. Students should check their 'Aid Application Status' regularly under the 'Finances' tab of their portal to confirm documents received or missing. If the application and all required documents are submitted by the April 15th deadline, the student should hear from our office by July 5, 2013. Students will receive an e-mail message with instructions on how to view the 'Financial Aid Award' under the 'Finances' tab of the student's portal.
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