Financial Aid and Your Bill
Fall bills are available online on or about July 15, with a payment due date of August
15. Spring bills are available online on or about November 15, with a payment due
date of December 15. Memo credits for planned financial aid will be reflected for
students that applied for financial aid, provided all required information, and were
offered a financial aid award package through the Skidmore College Office of Financial Aid.
If you have accepted financial aid awards and loans, prior to actual disbursement
these semester amounts will appear as planned credits on the online billing statement.
Student employment awards are not deductible from student fees and therefore will
not appear as planned or actual credits on billing statements as these amounts are
paid on a biweekly basis by payroll disbursement directly to the student based upon
actual hours worked.
Skidmore College may not be aware of certain private scholarships that you have been
awarded, and therefore these awards may not appear as planned credits on billing statements
prior to actual receipt. If you have been awarded a private scholarship and have not
already shared this information with the Office of Financial Aid, please provide a copy of your outside scholarship award notification to Financial
Aid by mail.
Federal Direct Loan proceeds for all students cannot be applied to student accounts
until 10 days before the first day of classes for the loan disbursement eligibility
period. Half of the annual loan proceeds will be applied to fall charges and half
will be applied to spring charges. Depending on the selected lender, a loan origination
fee and guarantee/default fee of up to 4% may be deducted from loan proceeds at the
time of actual disbursement. If you elect not to take advantage of educational loan
opportunities that may have been listed in your financial aid package, you will be
responsible for personally making up for these payments.
Federal Parent Loan (PLUS) proceeds cannot be applied to student accounts until 10 days before the first day of classes for the loan disbursement eligibility period. Half of the annual parent loan proceeds will be applied to fall charges and half will be applied to spring charges. A loan origination fee and guarantee/default fee of up to 4% may be deducted from loan proceeds at the time of actual disbursement. Parent loan awards will not appear as planned credits on billing statements until certified by the Office of Financial Aid. If you have questions regarding the certification process or certification status of your parent loan, please contact the Office of Financial Aid at 518-580-5750.