Financial Aid Terminology - Orientation 2014
Here are a few orientation-related terms to understand.
- HLS Student Financial Services: we award financial aid to JD students, process student loans, monitor JD student billing status, and administer the Low Income Protection Plan and Summer Public Interest Funding.
- Harvard University Student Receivables: this is the central office that collects and manages student bill payment for the entire University.
- eBill: your online Harvard University Student Receivables billing statement, which can be accessed here. HU Student Receivables will send you a billing statement each month, but you can always access your eBill online and choose "Current Account Activity" to view any new transactions or charges that have occurred since your last monthly billing statement. HLS Student Financial Services does not collect payments, but we can help you understand your charges and credits.
- Financial Aid: any loans, grants, or scholarships you have secured from HLS or outside sources. You can always view your current financial aid package at My HLS Financial Aid.
- HELIOS: the Law School's student information system, which contains the course catalog and other course-related information. The HLS Registrar's Office has more info about Helios.
- Financial Clearance: this is our way of saying that you have paid all of the charges on your bill and can begin to attend classes. Until you have obtained financial clearance, you will not be able to complete the registration process and your access to class registration on HELIOS may be blocked.
- Cash Advance: this is what we call any payment made to you (either through direct deposit or by check) when aid funding (such as student loans, grants, and scholarships) that has been secured and will be applied to your student bill exceeds the current amount due. We call this an "advance" because HLS is advancing this funding to you before it is disbursed to your bill so that you can meet your living expenses. You can learn more about cash advances here.
Last modified: August 28, 2014