/2011-2012%20ASVD%20FAQ

Office of Student Financial Services

Congratulations on your acceptance to the College!

The Office of Student Financial Services is here to help make an Emmanuel education affordable for you and your family. We look forward to welcoming you in the fall.

2011-2012 Annual Costs Tuition Room & Board (double occupancy) Student Activity Fee Orientation Fee (one-time fee) Total*

$32,100 $12,750 $200 $175 $45,225

Important Dates March 1

2011-2012 Financial Aid Priority Filing Date

May 1

Deposit Deadline* $300 for Commuters $500 for Residents

July

Fall 2011 Tuition Bills Sent 10-month Payment Plan Begins (optional) Apply for Educational Loans (optional)

August 3

Fall 2011 Tuition Bill Due and Health Insurance Waiver/Enrollment Deadline

• Parents contribute to their children’s education from savings, current income, tax credits and through low-cost parent loans.

December 16

Spring 2012 Tuition Bill Due

• Emmanuel College supports our students by offering merit-based scholarships and need-based grant aid, and by participating in all federal and state funding options.

* Deposit is deducted from the fall semester bill, and is non-refundable after May 1st.

*Course fees ranging from $75 to $100 may be charged for science labs and art studio courses. Please see the Academic Catalog for details.

A Shared Investment At Emmanuel, we know that a college education is a worthwhile investment that can reap great rewards. We also understand that paying for a quality private education can be a challenge. This is why we are committed to making a liberal arts and sciences education affordable.

We believe that paying for an Emmanuel education is a partnership between the student, their family and the College.

• Students invest in their education by applying for scholarships and grants, and by borrowing with low-cost federal student loans.

Financing an Emmanuel education Most students and families draw from a variety of sources to pay for an Emmanuel education. Some options to assist with the cost of education are: • • • • • • • •

Merit-based scholarships Need-based grant aid Low-interest federal student and parent loans Private loans Private scholarships Employer tuition remission Federal and state grants Interest-free payment plan

Please visit the “Tuition and Aid” section of the Emmanuel website for more information on financing options.

Office of Student Financial Services, Emmanuel College, 400 The Fenway, Boston, MA 02115 Phone: 617-735-9938 Fax: 617-735-9939 E-mail: financialservices@emmanuel.edu

Office of Student Financial Services Is the balance due in full?

After deducting the deposit, financial aid and/or scholarships, approximately half of the annual balance will be due on August 3rd for the fall semester and the other half on December 16th for the spring semester. If you plan on borrowing or enrolling in the payment plan, we strongly recommend that you plan for the entire year instead of applying each semester.

When will I receive a financial aid award?

Beginning in March, financial aid award letters are mailed to accepted students who have completed the Free Application for Federal Student Aid (FAFSA). If the financial aid award is estimated additional information may be required to verify your eligibility for financial aid. Please contact us if you have questions regarding the status of your application.

How do I complete the process for a Federal Stafford Loan?

If you received a Federal Stafford Loan as part of your financial aid award and you are planning to borrow with this loan, you are required to complete a Master Promissory Note (MPN) and an entrance interview. Both of these requirements may be completed online. From the Emmanuel College web site, click on “Tuition & Aid,” then “Scholarships & Financial Aid,” and then “Federal Stafford Loan.”

For the loan to be deducted from your tuition bill, we encourage you to complete this paperwork by June 15th; however should you require assistance, please contact our office to complete this process during summer orientation.

What room and board options are available?

Most students are placed in a standard double room. Economy triples may be available for students who wish to save $2,500 off the cost of a standard double room. Students will receive information on room selection over the summer.

All resident students are required to have a meal plan, which is included in the cost of room and board. The standard meal plan includes 15 meals per week and $95 in “Flex Dollars” per semester (can be used in the Atrium and Muddy River Café). Students have the option of changing this plan to 19 meals per week with $25 flex dollars at no cost.

Can I park on campus?

On-campus parking is extremely limited and is only available to commuter students who do not have access to public transportation and is offered on a first come first served basis. Parking applications are available in the Office of the Vice-President for Student Affairs.

The parking cost for the 2011-2012 year is $375 per semester for a fulltime student and $225 for a part-time student.

Do I need to apply for financial aid every year?

Student Employment Emmanuel College strives to assist students with educational costs by offering on- and off- campus part-time employment opportunities.

On-campus employment opportunities are available in academic departments, the residence halls and in administrative offices such as the library and athletic offices. All students are eligible to apply for on-campus positions; however, a limited number of offcampus partnerships are only available to students awarded Federal Work Study.

In addition to the jobs available through the College, our location affords students the opportunity to find off-campus jobs within walking distance of the campus.

Please note: FWS cannot be deducted from the bill as students are paid every two weeks for hours worked.

To be considered for need-based financial aid, including federal student and parent loans, you must submit a FAFSA (and other documents as requested) each year by the college’s priority filing date of March 1st. The renewal of aid is contingent upon continued demonstration of financial need as determined in prior years, Satisfactory Academic Progress (as outlined in the Academic Catalog), the same enrollment and housing status as the prior year, and the government/college’s availability of funding.

Office of Student Financial Services, Emmanuel College, 400 The Fenway, Boston, MA 02115 Phone: 617-735-9938 Fax: 617-735-9939 E-mail: financialservices@emmanuel.edu