Everything you ever wanted to know about financial matters but were afraid to ask

FERPA (privacy act) Make sure that your son/daughter fills out the

waiver form so that we can discuss student info with you

Neumann e-mail addressStudents “must” use their email address

Instructors email students through Neumann emailDepartments email students through Neumann email

Parent email address -- we need it!

Resident student mail boxes check them daily

Everyone! Everyone! Everyone! Anyone who does not want to pay in full

for their student’s tuition! Did we mention EVERYONE ??? IT’S ABSOLTELY FREE !!!

Who should apply for a FAFSA?

Determines your eligibility for need-based aid

First step in allowing you to apply for a Federal Direct Student Loan

Allows you to apply for internal grants and scholarships

Allows you apply for external grants and scholarships

www.pin.ed.gov The Personal Identification Number (PIN) serves as your identifier to let you access

your personal information

www.fafsa.ed.gov not www.fafsa.com not www.fafsa.org

FREE MONEY FROM THE GOVERNMENT Federal Pell SEOG (Supplemental Educational

Opportunity Grant) State Grant Federal Work Study

33% chance of being selected by the government or institution

Financial Assistance Office requires the following Student/parent to complete Verification Worksheet Student /parent signed federal tax returns and

supporting schedules Financial Assistance Office May need 1099 forms

and/orW-2’s from student /parent

FINANCIAL AID AWARD CANNOT FINALIZED UNTIL VERIFICATION PROCESS IS COMPLETED!!!

Know your state grant deadlines April 15th for the State of Delaware 1-302-577-3240 May1st for the State of Pennsylvania 1-800-692-7392

Freshman must complete Status Notification form for eligibility

Federal Direct Student Loans (guaranteed loans)

Subsidized (government pays the interest while in school) estimated interest rate 3.4%

Unsubsidized (option to pay interest or capitalize while in school) estimated interest rate 6.8%

This requires a Master Promissory Note (MPN) signed using your 4 digit FAFSA pin

Apply through www.studentloans.gov

An entrance interview must be completed by the student loan funds can be processed to their tuition account

Once the entrance counseling is completed, the student must sign a Master Promissory Note (MPN)

An MPN is signed by using the student’s 4 digit FAFSA pin

Complete both of these at: www.studentloans.gov

Parent PLUS loans estimated interest rate 7.9% Can only be in a parent’s name Credit check is required• If credit is denied, student is eligible for

additional unsubsidized portion of student loan Repayment starts 6 months after the first

disbursement Can postpone payments while student is in

school (up to six months after student leaves school)

A private loan that is based on credit Most need a credit-worthy co-signer, doesn’t have to be

the parent Many private loans have a “tiered” interest rate

The better the credit rating, the better the interest rate Repayment begins after a 6 month period of separation

Can defer interest while in school Can pay on entire loan while in school

Co-signer is responsible for loan if student does not pay After 24 -36 consecutive, on-time payments, co-signer

can be released from payment obligations Co-signer must contact lender and request release www.elmselect.com website to use for

comparisons

Commuter(12 to 19 credits)

Undergraduate Tuition – Full-Time (per semester)

Tuition $11,238.00General Fee 292.00 SGA Fee 70.00Technology Fee 75.00

Total per semester $11,675.00

ResidentUndergraduate Tuition – Full-Time

(12 to 19 credits)Tuition $11,238.00General Fee

292.00SGA Fee 70.00Technology Fee 75.00Room 3,130.00Board (19 meal plan) 2,192.00 bonus points - 100 Total per semester

$16,997.00

Business Office Payment Plans

Higher Education Services (10 month payment plan)

June to April - $60 annual fee (includes life insurance)

Deferral Plan ($40/per semester) ¼ first payment August ¼ second month September ¼ third month October ¼ final month November Repeats for the next semester

see brochures for details

E-COMMERCE◦ PAY for Tuition on-line

24/7 THROUGH WEB-ADVISOR

◦ Credit card OR Electronic Check◦ NO SERVICE CHARGE◦ All you need to LOG ON is your:

son/daughter’s ID AND PASSWORD

◦ PASSWORD – DEFAULTS TO BIRTHDATE

New Freshmen Resident Students:Mandatory for first year - 19 Meal Plan (110 bonus points)

◦

15 Block Plan: 15 meals $110.00 30 Block Plan: 30 meals $208.00 50 Block Plan: 50 meals $329.00 30 Superblock Plan: 30 meals $508.00

Plus $275.00 bonus points

50 Superblock Plan: 50 meals $571.00Plus $235.00 bonus points

Purchase mealsKnights Café, Crossroads

BookstoreBooks, clothes, supplies (everything)

Laundry

Fall Semester

Bills will be mailed beginning of July

Payment due date – Wednesday, August 3rd

Classes begin – Monday, August 29th

Fall textbooks available online- around June 15th Used books, and Rental Books are first come-first servedGo to the Neumann University website

www.neumann.eduStudent Life

Campus Store

The Campus Store boxes up all your textbooks for you.

Pick up your books as early as the second week in August.

or Visit the Campus Store during Freshmen orientation

weekend to pick up your books.

The receipt for your purchases will be in your box.

It is VERY IMPORTANT to keep your receipt, in case you need to return or exchange a textbook for any reason.

If you prefer to visit the Campus Store to purchase or rent your textbooks, we suggest you visit the second week in August to insure that all your books will be available in the store.

Summer hours of operation: Monday Thru Thursday 8:30-5:00 Friday 8:30-4:00

The store is initiating a Customer Loyalty Program in the Fall. Students will be rewarded for their patronage . Any student reserving books on line will automatically be signed up for the Customer Loyalty Program.

WWW.NEUMANN.EDU

Business Officeuse “site map” – “Business Office” (Business Office appears on left hand

side)Financial Assistance Officeuse “site map” - “Admissions” to “Financial Assistance”

Web-Advisoruse “jump to” – “Web-Advisor”Student log-on – right hand side

14 DAYS TO REFUND

PLUS Loans

RESIDENT STUDENTS – delivered to mailbox◦ Make it a habit to check student mailbox daily

COMMUTER STUDENTS – mailed home◦ Have permission from student to open their

Neumann University mail

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