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FINANCIAL AID
FINANCIAL AID & YOUR STUDENT
We value your family’s investment in your student’s future. We work with students and families to help them understand their financing options and what is offered through financial aid.
FINANCIAL AID
YOUR FAMILY’S FINANCIAL AID & SCHOLARSHIP ACTION STEPS
Submit $350 Enrollment Fee and Housing Application at Benedictine.edu/apply
This step secures your student's place at Benedictine College and reserves your room in a residence hall.
Log Into Your RaveZone Account
Review your financial aid offer carefully. Your student can accept the entire amount, partial amount, or decline any type of aid that is listed.
Submit Outside Scholarships as soon as possible
Submit any outside scholarships (checks or documentation) to the Financial Aid Office as soon as possible. The funds will be applied directly to your student's account upon receipt of the check(s).
Complete Loan Forms after June 1
If you accept any loans, there are additional steps. Please refer to the Loan Process Instructions (page 14) and follow the step-by-step guide to complete the forms to access the funds. Loan funds cannot be disbursed until loan entrance counseling and the applications are complete.
In compliance with the Family Educational Rights and Privacy Act of 1974 (FERPA), you can give others (your parent, grandparent, guardian, or anyone who helps you understand your financial situation at Benedictine) the ability to access your account information. This also allows Benedictine College personnel the ability to discuss financial matters with individuals you have designated. You can create Authorized Users through the RavenZone, View and Pay Account.
Authorize Your Student's Consent to the Financial Responsibility Agreement
Your student is asked to consent to the financial agreement regarding your student account for educational services while attending Benedictine College. To access this agreement and view tuition a statement online, your student must log into RavenZone, then click View > Pay Account.
Review your Bill
Once you are registered in classes, you should view your tuition billing statement, through RavenZone, View and Pay Account. The link will direct you to the college’s online payment partner, TouchNet, and you can review your statement and make plans to settle your balance. The fall semester tuition payment is due August 1; the spring semester payment is due January 1.
Set up a Tuition Payment Plan
Sign up for a semester Installment Payment Plan (IPP) through RavenZone, View and Pay Account. Select ‘Payment Plans’ to view IPP terms and options. You can choose from a four- or five-month payment plan. There is a $55 application fee per IPP account, each semester, for either option. Enroll in a payment plan by the tuition due date: August 1 for fall and January 1 for spring.
Students will be required to maintain a cumulative grade point average performance standard to renew their full merit scholarship. Performance standards will be determined by the merit scholarship level the student received upon entering Benedictine College. First-year students will be evaluated after two semesters and then after each semester. Transfer students will be evaluated after their first semester of attendance.
If a student does not meet the applicable performance standard, the academic merit scholarship will be reduced by $500 per semester or $1,000 annually. The student can earn back the full scholarship after having met the cumulative grade point average performance standard.
Scholarship (Freshman) Cum GPA Req.
National Merit/National Hispanic Merit 3.2 Presidential Scholarship 3.2 Tier 1 (Dean's/St. Benedict Scholarship) 3.0 Tier 2 (St. Scholastica Scholarship) 2.5 Tier 3 (Maathai Scholarship) 2.3 Tier 4 (Abbot Scholarship) 2.1 Tier 5 (Founder's Scholarship) 2.0 Tier 6 (Incentive Scholarship) 2.0 International Scholarship 2.5
Scholarship (Transfer Student) Cum GPA Req.
Tier 1 Benedictine Scholarship 3.0 Tier 2 Benedictine Scholarship 2.5 Tier 3 Benedictine Scholarship 2.3 Tier 4 Benedictine Scholarship 2.1 Tier 5 Benedictine Scholarship 2.0 Tier 6 Benedictine Scholarship 2.0 Phi Theta Kappa (Transfers Only) 3.0 International Scholarship 2.5
Evaluation Results Impact on Merit Scholarship
Meets or exceeds minimum standard Student retains merit scholarship amount
Fails to meet minimum standard
Scholarship reduced by $500 for subsequent semester Fails to meet minimum standard in two consecutive semesters Scholarship reduced by an additional $500 for subsquent semester* Fails to meet minimum standard after 3rd consecutive semester No further reduction of merit scholarship. Original award amount less $1,000 remains Attains minimum standard at end of subequent semester Original merit scholarship amount reinstated for next semester Fails to meet minimum standard after regaining original award eligibility
Merit scholarship reduced by $500 for subsequent semester
*Merit scholarship will not be reduced by more than $1,000 for not meeting standards.
ADDITIONAL REQUIREMENTS
Programs of Distinction Stipend Requirements
Participants in the Honors, Gregorian Fellows Leadership, Constitutional Liberty, or STEM Fellows program must present at least a 3.2 cumulative grade point average to be eligible to apply for a $2,000 stipend.
Residential Requirement
Recipients of the following scholarships and benefits are required to live on campus: Presidential Scholarship, National Merit Scholarship, National Hispanic Scholarship, National Achievement Scholarship, or Tuition Exchange students.
Below are step-by-step instructions for completing a Federal Subsidized or Unsubsidized Direct Student Loan. Steps for student loans can be completed immediately. Loan steps for Parent PLUS loans can be completed after June 1. If you have any questions, please contact the Office of Financial Aid.
Entrance Counseling, Annual Student Loan Acknowledgement (ASLA) and Master Promisory Note (MPN)
1. Go to https://studentaid.gov 2. Sign in using the student’s FSA ID and Password 3. Click on “Complete and Process” menu, select “Complete Entrance Counseling” 4. Click on “Complete and Process” menu, select “Complete Annual Student Loan Acknowledgement” 5. Click on “Complete and Process” menu, select “Complete Master Promissory Note (MPN)”
Federal Direct Parent PLUS Loan
1. Go to https://studentaid.gov 2. Parents sign in using parent’s FSA ID and password (NOT student’s) 3. Click on “Apply for a Direct PLUS Loan” 4. Under “Apply for Aid” menu, select “Apply for a Parent PLUS Loan” 5. If approved, go to “Complete and Process” menu, select “MPN for Parents”
Alternative Private Loans
home/1025600/1
2. Choose “Let’s get started” 3. Follow the instructions
If you are approved for the loan it may take 5–6 weeks before funds are applied to your student billing account.
PAYING YOUR BILL
BILLING
St. Benedict Hall, 3rd Floor / Monday - Friday: 8:30 a.m. - 4:30 p.m. Bursar: Becky Miller, 913.360.7410 / Student Billing Specialist: Diane Schletzbaum, 913.360.7407 Student Collections Specialist: Laura Hammersmith, 913.360.7405 / Cashier: Megan Crowley, 913.360.7403
Tuition Due Date is August 1
Please settle your balance or set up a tuition payment plan by this date. If you have questions about your financial aid or account balance, please call us now; resolving questions now allows you to bypass visiting with our office on movein weekend. Our webpage also has information explaining payment details; please see Benedictine.edu/billing. If you use a credit card, there is a convenience fee retained by the credit card processor of 2.85% assessed on each transaction. If you still have an unpaid balance without a payment plan as of August 2, your account will be placed on a Business Office Hold. Holds prevent you from adding or dropping classes, or from seeing your transcript in RavenZone. Please contact us if you will not be able to meet payment deadlines.
Authorized Users on Your Account
Are there parents/guardians/other trusted adults in your life you want to be able to talk with us in Student Billing, as well as the Financial Aid Office at Benedictine College, about your financial information at Benedictine? Please enroll them as “Authorized Users” so our two offices have your permission to discuss your financial situation with these adults in your life, as well as sending them email communications about your bill. Have questions about how to enroll them? Please go to Benedictine.edu/billing. Once on the Student Billing page, please read the link “How to access RavenZone Student Billing.”
Student Refunds
Some students borrow more money than needed for tuition and fees, and are expecting a refund. For those who have a credit balance on their student account as of August 27, 2021, the first refund dates are as follows: • Electronic Refund Friday, September 3, 2021 • Paper check Refund Tuesday, September 7, 2021 – mailed to your home address Refunds will be processed weekly after the dates above. Sign up for eRefund through your RavenZone account – directly to your bank account; this is easier than a paper check. By choosing eRefunds, you will have access to your funds up to a week earlier than a paper check. Use your refund to obtain a Book Voucher to purchase textbooks from the college’s Virtual Bookstore as early as mid-July. Contact Student Billing to find out how.
THE FEDERAL WORK-STUDY (FWS) PROGRAM IS A FEDERAL FINANCIAL AID PROGRAM DESIGNED TO PROVIDE STUDENTS OPPORTUNITIES TO EARN MONEY NECESSARY TO MEET EDUCATIONAL EXPENSES, WHILE ALSO GAINING WORK EXPERIENCE ON CAMPUS.
How do I know if my student is eligible for Work Study?
All students are eligible to apply for employment through the Work Study program. Priority is given to students exhibiting financial need, as determined by the annual submission of the Free Application for Federal Student Aid (FAFSA). Please contact the Financial Aid staff with additional questions about Work Study eligibility. In addition to the campus department opportunities listed to the right, our campus dining services partner hires students for a variety of positions throughout the year.
What if my student is not eligible for Federal Work Study, but would still like to work on campus?
Federally eligible Work Study students are given first priority. However, your student may still apply for available positions on campus if he or she is not eligible for federal work study. In addition, Aramark, our campus dining services partner, hires students for a variety of positions regardless of Work Study eligibility.
Does my student get paid, or is it a credit against tuition?
Work Study earnings will not be applied toward your student’s tuition billing. Students must work to earn this funding. Students are paid twice a month via direct deposit and the funds are available for personal expenses.
Is every student who is eligible for Work Study guaranteed a job on campus?
No, we cannot guarantee a job for every Work Study eligible student. Students are responsible for applying for positions and scheduling interviews with the supervisor.
Does every student who is awarded Work Study have to accept a position?
No, work study is an optional program.
How does my student find a job?
Your student should complete a Work Study application in RavenZone. A list of academic and administrative offices that hire Work Study student personnel is located in RavenZone and in the column to the right. Your application will be directed to the department(s) you have expressed a desire to work for. We recommend you follow your application with an email of interest to the department contact.
Which departments hire Work Study students?
RavenZone provides a list of of academic and administrative offices that hire Work Study personnel. Keep in mind, however, that academic departments frequently reserve positions for sophomore- through seniorlevel students who are majoring in those disciplines.
Your student has been hired!
Students who have been hired will be issued a “new hire task” to complete within our payroll system (Paylocity). Your student will receive an email from Paylocity through their Benedictine email address.
General Information about Student Employment:
• Work Study positions are typically 3-5 hours per week and pay the federal minimum wage of $7.25 per hour. • Paychecks will be deposited directly into the checking account obtained from your voided check. Students are paid on a biweekly schedule. • Time sheets are maintained electronically within
Paylocity. Students are responsible for entering their time worked. A supervisor must always verify the hours worked within Paylocity prior to payment.
DEPARTMENTS WITH WORK STUDY POSITIONS*
Administrative Offices
Advancement - Annual Fund Alumni Athletics Athletics - America Reads Athletics - Child Care Association Athletic Trainers Business Office Study Abroad Office Central Mailing College Ministry Conferencing & Events Graduate Business Program Human Resources Information Technology Intramurals & Recreational Services Library Loomings (Literary Magazine) Office of Academic Records & Registration Office of Admission Office of Financial Aid Office of Marketing & Communications Office of Student Billing Office of the Academic Dean Office of the President Operations & Housekeeping Raven Campus Store Student Life Student Success Center
Academic Departments
Art Biology Chemistry & Biochemistry Economics English English as a Second Language (ESL) Health, Wellness & Exercise Science History Journalism & Mass Communications Mathematics & Computer Science Music Nursing Philosophy Physics & Astronomy Psychological Sciences School of Business School of Education School of Engineering Sociology & Criminology Theater Arts & Dance Theology World and Classical Languages & Cultures
*Positions vary per year. This list is provided as a general guide.
