Duke FinAid: November Highlights

This monthly newsletter features relevant information, helpful tips, and upcoming deadlines to help you make the most of the financial aid available to you. For each headline, you can click the available link to be redirected to our website, or you can scroll down for additional info.

Financial Aid Open House

Come meet with the staff of Undergraduate Aid! Enjoy some dessert as you get the opportunity to learn more about aid programs at Duke and have your questions answered.

When: Wednesday, November 7, 2012, from 3:00-5:00pm

Where: Undergraduate Financial Aid, 2127 Campus Drive*

*Our office is located in a building behind the Graduate School, across the street from Undergraduate Admissions.

Transportation

As holiday travel and winter break approaches, students often have questions regarding transportation expenses. Typically, transportation is covered by a family’s contribution to the total cost of education, and these costs have been considered when calculating financial aid. Transportation costs are determined according to the state where parents reside and are added to each student's budget. These allowances represent either two economy class round-trip airline tickets or a fuel allowance for those whose parents reside in states bordering North Carolina. Transportation amounts for international students are based on one economy class round-trip ticket per year. It is important to remember that the financial aid office cannot provide vouchers for travel. Students will need to make arrangements for travel expenses using their current resources since travel costs are taken into account at the beginning of the financial aid cycle.

Registration (Reminder)

Registration for the Spring 2012 semester begins this month. In order to register, students should make sure that their Bursar account is in good standing and that there are no registration blocks due to overdue balances. To check your Bursar balance, sign in on your ACES account at http://www.siss.duke.edu/siss/aces.

Refunds for Global Education

Students who are eligible to receive an advance refund to assist with out-of-pocket costs related to their Spring 2012 global education program will automatically receive an early disbursement form via email in the coming weeks. In order to receive an advance disbursement, students must ensure that all global education and financial aid requirements have been met, and pending financial aid must exceed the billed cost of attendance for the upcoming term. Students who receive an early disbursement form should complete the form and submit it directly to the Office of the Bursar.

First Time Student Loan Borrowers

As part of your entrance counseling requirement for first time borrowers, you should attend the Understanding Student Loans Workshop. The Student Loan Office and Personal Finance@Duke has teamed together to create a workshop for first time borrowers entitled Understanding Student Loans.

Borrowing money can be a good resource for paying for your education but it is one that should be used with foresight and careful consideration. You don't want the money that you borrow now to be a financial hardship to you after you graduate. During this workshop you will learn to limit your borrowing, living on the resources you have, manager the repayment of your loans and the qualifications for current loan forgiveness and cancellation programs. Visit us at www.finaid.duke.edu/loans/counseling/entrance.html to register for your preferred time.

Personal Finance@Duke Workshops

Personal Finance@Duke is offering the following workshops during the month of November:

November 7: Show Me the Money and the Benefits (Salary Negotiations)

Negotiating, evaluating and understanding job offers and salaries can play a key role in determining whether an opportunity is right for you. This workshop will address the skills necessary to negotiate offers as well as thoroughly evaluate and understand your future paycheck! Make sure your next step after Duke is a financially informed step!

November 13: BYOB-Build Your Own Budget

You may know what a budget is, you may already have one, but are you using it to its potential? With this workshop we will explain not only how to build a budget but also how to set financial goals and how to achieve those goals through the use of your budget.

Both workshops will be held in Perkins 217 from Noon-1:00 p.m.

For more information or to sign up for these workshops, visit us a www.personalfinance.duke.edu.

Upcoming Deadlines/Reminders

Late Fees for Registration

Registration windows are open from November 1st through November 14th for undergraduate students. Students who register after November 26th, 2012 will be assessed a late fee by the Office of the Registrar.

Spring Bills Reminder

The Office of the Bursar will be preparing bills for the Spring 2011 semester on November 25th. Bills will be due for the Spring term on January 2, 2013. For more information on billing, please visit the Office of the Bursar.

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