The Advantages of Student Financial Services

Student Financial Services (SFS) is a department or office inside educational institutions that is in charge of monitoring and administering student financial matters. Throughout their academic experience, it acts as a primary link for students to obtain information, services, and help regarding their financial needs and commitments. 

Firstly, SFS handles the billing and payment processing for tuition fees, student fees, and other charges related to attending the institution. They generate invoices, manage payment plans, and process payments from students or third-party organizations.

Secondly, SFS offers one-on-one financial counseling and advising services to help students understand their financial situations, make informed decisions, and develop effective financial management strategies. They can provide personalized guidance on budgeting, managing debt, and financial literacy.

Student Financial Services plays a vital role in supporting students’ financial well-being, providing resources and assistance to help them access and manage financial aid, navigate the cost of education, and make informed financial decisions.

Student Financial Services (SFS) offers several advantages to students in higher education. Below are five key advantages of utilizing SFS:

1. Financial Assistance

Student Financial Services (SFS) provides support and guidance to students in navigating the complex world of financial aid. They help students understand the different types of financial aid available, such as grants, scholarships, and assist in completing the necessary applications and paperwork. 

This ensures that students can access the funds they need to finance their education and make informed decisions about their financial options.

2. Access to Information 

They can guide students through the complex landscape of financial assistance, providing clear and accurate information to help students make informed decisions. SFS professionals know the various funding sources and can offer guidance tailored to individual students’ needs.

3. Financial Planning 

SFS can provide valuable resources and tools to help students create and manage a budget during their college years. They offer financial literacy programs and workshops to educate students on topics like managing expenses, debt, and credit, which are essential skills for long-term financial stability. 

By promoting financial responsibility and planning, SFS helps students make informed choices about their finances and develop healthy financial habits.

4. Financial Literacy 

SFS often provides financial literacy resources and workshops to help students develop essential money management skills. These resources may include budgeting, debt management, and financial planning advice. By enhancing students’ financial literacy, SFS equips them with valuable skills that can benefit them throughout their lives.

5. Support and Advocacy

SFS professionals can provide individualized support and advocacy for students facing financial challenges. They can assist students with navigating financial issues, investigating alternate funding alternatives, and addressing special circumstances that may affect their capacity to pay for their education. 

Student Financial Services provides major benefits, including financial aid, information access, financial planning assistance, financial literacy education, tailored support, and supporting equal access to education. Utilizing the services and resources provided by SFS can help students overcome financial barriers and achieve their educational goals.

Student Financial Services at Sampoerna University 

Sampoerna University is a fully accredited university in Indonesia that offers the best choice for those seeking excellent international education. Sampoerna University is a private, non-denominational, non-profit university licensed and certified by the Republic of Indonesia’s Ministry of Education, Culture, Research, and Technology. Formed according to national and international standards, Sampoerna University is qualified to contribute to society through education substantially.

Sampoerna University provides documentation of all fees and tuition charges required of students from the time they apply for admission through their enrollment. Tuition and fee rates are set annually. Tuition discounts and waivers offered at admission are acknowledged in writing by the Bursary on the student invoice each semester. 

Located adjacent to the Academic Registry (on the 6th floor of the L’Avenue Campus Building), the Bursary is responsible for managing student account receivables and depositing University funds. 

9 of 10 graduates get employed three months after graduation*. Immediately register to participate in the new student admissions process for the 2023-2024 year here. Our Admission Team will contact you soon to provide more detailed information.

Schedule with us whenever you want to visit campus tours on-site or virtual! 

*Based on graduating cohort 2020-2022