Induction Session: Finance Martin Shadbolt Nicky

Transcript:Induction Session: Finance Martin Shadbolt Nicky:
Induction Session: Finance Martin Shadbolt Nicky Shevlane Girton College Finance Department 1 Who’s Who Andrew Enticknap – Head of Finance Christine Tibbatts – Management Accountant Martin Shadbolt – Senior Bursary Clerk (Student fees and billing) Clare Plumb – Bursary Clerk (Conferences, Appeals, Income) Alison Hurst – Purchase Ledger Clerk Kathryn Booth– Payroll Manager How to contact us: finance@girton.cam.ac.uk 1 Girton College Bills are sent to @cam email address on a termly basis (see schedule on slide 5 ) from finance@girton.cam.ac.uk Note: if you have a funder (department/institution…): you will not have to pay your funder’s contribution amount. US Loans: the college will pass on the amount not covering any fees or charges How to pay the Bills 1 Please pay by Bank Transfer: details below (The College does not accept payment by debit/credit card or cash) Information about UK bank accounts : Bank and building society directory | Finance Division (cam.ac.uk) Students who do not have a UK bank Account: the college has partnered with Transfermate to pay in their own currency at beneficial rates with no conversion fee: https://girtonstudents.transfermateeducation.com/ Do not close your UK bank account before you get the final refund from the College (usually one month after course completion/graduation) When to pay your bill 1 Problems with paying on time? 1 If you find yourself unable to pay a bill on time, please contact your tutor as soon as possible , Nicky , Financial Welfare Officer fwo@girton.cam.ac.uk and Martin Shadbolt: finance@girton.cam.ac.uk). You can arrange a payment plan Or in more extreme circumstances, there may be other support All information will be treated in confidence If you don’t communicate & arrange a payment plan: Strict penalties apply for late payment of bills Starting with a fine of £50 After 10 days, interest is charged @ UK bank base rate + 10% And further action is taken if the bill is still not paid Student Insurance 1 Block insurance arrangement – covering £5,000 content insurance per student All students residing in College or Swirles Court are covered Cost included in residence charge – there is NO extra to pay for the basic cover Check that this basic level covers your needs eg Cash in rooms up to £75 Laptop away from room £500 Personal possessions away from room £200 Bicycles £200 You can increase your insurance cover via the insurance brokers website: Claims can be made via our broker