3 minute read
Paying For College
Business Office
Whether you are paying tuition, fees, or room and board, the Business Office will assist you with College’s billing and payment policies. Students are billed one semester at a time and bills are available approximately 1 month prior to the start of each semester. Invoices are due to the Business Office 1 week prior to the start of each semester and are available online by logging into your MyMAC Portal. Invoices can be paid by check, payable to “MAC.” Credit or debit payments can be made in the office, over the phone, or online through the MyMAC Portal. The Business Office also processes refunds, outside scholarships, and online payments. Students may grant a third party (for example a parent) to have access to certain features in MyMAC.
The Business Office is open Monday through Friday 8:30 a.m. to 5:00 p.m. during the academic year. During the summer, the Business Office is open Monday through Thursday 8:30 a.m. to 5:00 p.m. and Friday 8:30 a.m. to 12:30 p.m.
For More Information
Business Office | Main Administration Building 124
BusinessOffice@mtaloy.edu | 814-886-6368
Financial Aid
The Financial Aid Office assists students in financing their educational expenses through state, federal and institutional programs. When administering these programs, our staff works with all prospective students and current students.
Financial Aid is open Monday through Friday 8:30 a.m. to 5:00 p.m. during the academic year. During the summer, the Financial Aid Office is open Monday through Thursday 8:30 a.m. to 5:00 p.m. and Friday 8:30 a.m. to 12:30 p.m.
What is Financial Aid?
Financial Aid consists of grants, loans, employment, and scholarships. These resources may assist you with meeting your educational expenses at Mount Aloysius College.
How do I receive financial aid?
You must complete the Free Application for Federal Student Aid (FAFSA) to be considered for grants, federal loans, and employment (work-study). The application is available online at fafsa.gov. Mount Aloysius’ FAFSA school code is 003302. You must be admitted to the college before your aid application can be processed.
The aid that you will receive will depend on your eligibility as determined through the FAFSA, state, and federal regulations, and the availability of funds for specific programs with limited funding.
When do I receive my aid?
Grants, loans, and scholarships will be shown in your MyMAC account. These are applied directly to your account at the beginning of each term. Once you complete all requirements, the aid will be released. Note that there are additional application steps for loans. You will receive information on these if a loan award is accepted. If your aid for the semester exceeds your charges, you will receive a refund via paper check.
We will contact you via your school email address if at any time we need to speak with you regarding your financial aid. All other correspondence will be mailed to your home address or the address you listed on your Free Application for Federal Student Aid (FAFSA).
Come to the Financial Aid Office for:
• Help completing a FAFSA form, MPN’s, any and all financial aid forms
• Questions about financial aid (grants, loans, work-study, scholarships, etc.)
• Questions about your award letter or missing paperwork
• To hand in financial aid paperwork like a signed award letter, verification paperwork, scholarship or grant contracts, or applications
• For guidance on the different types of loans available and how to avoid excessive loan debt
• To find out about outside scholarships
Tips to help you throughout the year:
• Remember you must file for financial aid every year and you can do this at any time after October 1 each year.
• Stop by the Financial Aid Office throughout the year and check out the scholarships bulletin board. Scholarship information is received throughout the year from various groups and organizations.
• Check your MyMAC email account often. We will notify you this way of important deadline dates, requirements and other information throughout the school year.
• If you receive any type of financial aid, never drop a class or withdraw from college without first seeking the advice of the Financial Aid Office staff. Dropping or withdrawing can affect your financial aid now and in the future. Repeating a class will also affect your financial aid in the future so always check with the Financial Aid Office before you make a decision to drop, withdraw or repeat.
• Remember your financial situation is unique. If you have questions about your financial aid, please seek out a financial aid representative to answer your concerns or questions.
For More Information
Financial Aid | Main Administration Building 122
FinancialAid@mtaloy.edu | 814-886-6357