Money Matters: The Bill, Your Aid, Other Resources and Expenses
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2011-2012 Academic Year Roxanne Dumas, Director of Financial Aid Money Matters: The Bill, Your Aid, Other Resources and Expenses
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Money Matters: The Bill, Your Aid, Other Resources and Expenses. 2011-2012 Academic Year Roxanne Dumas, Director of Financial Aid. Agenda. Costs The Fenway Card Health Insurance Billing Timeline Payment & Financing Options Private Scholarships Student Employment - PowerPoint PPT Presentation
Transcript of Money Matters: The Bill, Your Aid, Other Resources and Expenses
2011-2012 Academic YearRoxanne Dumas, Director of Financial Aid
Money Matters:The Bill, Your Aid, Other Resources and Expenses
Agenda
Costs The Fenway Card Health Insurance Billing Timeline Payment & Financing Options Private Scholarships Student Employment Financial Aid Things to Do
2011-2012 Costs
Fall Spring Total
Tuition $14,495 $14,495 $28,990 Room & Board $6,185 $6,185 $12,370 Student Activity Fee $105 $0 $105 General Fee $480 $480 $960 Orientation Fee $250 $0 $250 Rm Damage Deposit $100 $100
Total* $21,615.00 $21,160.00 $42,775
The Fenway Card
Serves as student ID
Provides access to residence halls and dining facilities
“Fenway Cash” may be used at the laundry & vending machines, and off-campus locations
Family/student can add “Cash” by going to http://www.fenwaycard.com/
Health Insurance
Required by the Commonwealth of Massachusetts
$1,650 annual premium for 2011-2012 year If covered under another plan, students must
complete a Health Insurance Waiver Waive at www.universityhealthplans.com Deadline to complete waiver is
August 1, 2011
Billing Timeline
Fall 2011 Semester Bill • Mailed July 1, 2011• Due Monday, August 1, 2011
Spring 2012 Semester Bill• Mailed in November 15, 2011• Due Thursday December 15, 2011
Balance Due
You are billed for the balance after: $200 Tuition Deposit $100 Room Deposit (if living on-campus) Financial Aid (excluding Federal Work Study) Private Outside Scholarships
(w/documentation) Approved and completed alternative parent
and/or student loans
Balance Due - Example
Tuition $14,495 Activity Fee $105 General Fee $480 Orientation Fee $250 Room & Board $6,185 + $100 deposit fee
Total $21,615 Deposit - $ 300 Financial Aid/Schs - $ 9,500
Balance Due $11,815
Payment and Financing Options
Personal Check, Money Order, Traveler’s Check
Electronic Check Payment through Wheelock on-line Billing and Payment System
Visa, MasterCard, American Express or Discover
Wire Transfer Monthly Payment Plan through TuitionPay Federal Parent Loan for Undergraduate
Students (PLUS) Loan Parent or Student Private Education Loans
Interest Free Monthly Payment Plan
TuitionPay
$55 Enrollment Fee
7, 8, 9 and 10 month plans – June through March
(800) 635-0120 or http://tuitionpay.salliemae.com
Credit-based Loans May borrow up to full cost of education after financial
aid
Please initiate requests NOW so we can ensure processing prior to the bill due date.
Decide on amount (plan for both terms) and choose a lender
To apply, please refer to the Alternative Financing Guide brochure, or go to our web site: www.wheelock.edu/finaid
Don’t plan on a credit refund for books, travel and other living expenses. It will not be available until about 4 weeks in to the term.
Private Outside Scholarships
Students must provide written documentation of the scholarship(s) for the pending award to be reflected on the billing statement
Students should check with scholarship organization regarding renew ability
Student is responsible for completing the scholarship process and making sure funds are received
Very Significant private scholarships may impact a student’s financial aid award
Student Employment
On-campus jobs are available but are limited Students receive an email around move in weekend
with more information Students contact supervisors and apply for jobs Complete required documents
Forms of original ID needed to process job paperwork 1. Valid U.S. Passport OR 2. Social Security Card AND Valid License/Picture ID Complete I-9, W-4 Direct Deposit Form-Bring a Blank Check or Savings Account
Information Work-Study, Term-Time, Jumpstart, Off-Campus
Financial Aid – Things to do
Students borrowing a Stafford loan must complete an Entrance Counseling and Master Promissory Note.
If receiving outside scholarships, send financial aid the agency notice
Applying for Future Years• Complete FAFSA in January (estimated income)• Priority filing date of April 15, 2012• Award Letters Mailed out June
Contact Information
Offices located in Student Service Center
Financial Aid Telephone: (617) 879-2443Fax: (617) 879-2470Email: [email protected]
Student Accounts Telephone: (617) 879-2236 Fax: (617) 879-2386 Email: [email protected]
