Introduction
Annual Costs for 2013-2014
At Emmanuel, we offer many options to finance
Tuition $34,450 Room + Board (Double) $13,315 Room + Board (Triple) $10,815
your educational investment; this guide provides a summary of those payment options. Some families will choose one option to pay for the full cost of education, or the balance after
Important Dates
financial aid, and others will use a combination
Please complete the following no later than the dates below.
Office of Student Financial Services
plan. There is no one right way to pay for an education — each family situation is different.
• May 1, 2013 - Enrollment Deposit Deadline • June 15, 2013 - Apply for Loan (if applicable)
In addition to the loans referenced in this guide,
• June 30, 2013 - Complete online Federal Direct
there are many other loan options available to
Stafford Loan paperwork
students and parents. We encourage all borrowers
• July 15, 2013 - Enroll in TMS Monthly Payment Plan
to do their own research and select the lender that
• August 2, 2013 - Fall 2013 Semester Payment Due
is best for them.
• August 2, 2013 - Online Health Insurance Waiver or
Enrollment Form Deadline Please know that we are here to help you decide
• December 18, 2013 - Spring 2014 Semester
which financing option(s) may be best for you.
Payment Due • March 1, 2014 - 2014-2015 Priority Filing
Payment in Full
Date for Financial Aid
Credit card or ACH payments may be made via Online Academic Resources (mysaints.emmanuel. edu) using your student login or online at www.afford.com/emmanuel (student login not required). A 2.99% convenience fee is charged for credit card or debit card payments. Personal checks or money orders may be mailed directly to the Office of Student Financial Services.
Office of Student Financial Services 400 The Fenway Boston, MA 02115 Phone: 617-735-9938 Fax: 617-735-9939 E-mail: financialservices@emmanuel.edu www.emmanuel.edu
2013-2014 Financing Guide for Undergraduate Students
Payment Plan
Parent Loans
Private Student Loans
Emmanuel College offers a monthly, interest-free
The parent loans listed below offer fixed interest
The private student loans listed below most often
payment plan through Tuition Management Systems,
rates and the option to defer repayment while the
require a co-signer and may have the option of
Inc. (TMS). This plan offers families the opportunity
student is enrolled at least half-time.
deferring payments during enrollment. Some
to spread payments for the academic year over a 10-month period.
factors to consider when choosing a lender
Federal Parent Loan for Undergraduate Students (PLUS Loan)
include interest rate, fees, co-signer release option
Tuition Management Systems
Apply Online
website for more information.
Enrollment Fee
Paper application is available online at www.emmanuel.edu or by calling our office at 617-735-9938.
Payment Plan Periods
$65 for a 10-month plan $50 for a 5-month plan Due on the 15th of each month
www.studentloans.gov
Fall Semester
July through November
Note: If the parent is denied the PLUS, the parent
Spring Semester
and repayment period. Please visit the lender’s
MEFA Student Alternative Loan Apply Online
www.mefa.org
Phone Number
1-800-449-6332
December through April
may add an endorser, appeal the denial with the
Enroll Online
www.afford.com/emmanuel
Department of Education or the student may be
Citizens TruFit Loan
Phone Number
1-800-722-4867
eligible to borrow additional Unsubsidized Stafford
Apply Online
www.citizensbank.com/edu
Loan funds.
Phone Number
1-800-708-6684
Combination Plan Families may enroll in the payment plan for part
Massachusetts Educational Financing Authority (MEFA) Undergraduate Loan
Sallie Mae Smart Option Loan Apply Online
www.salliemae.com
Apply Online
www.mefa.org
Phone Number
1-877-279-7172
Phone Number
1-800-449-6332
of their balance and borrow a federal or private
Wells Fargo Collegiate Loan
parent loan or private student loan for the
Please refer to the Emmanuel website for more
Apply Online
www.wellsfargo.com/student
remaining balance.
loan information, including interest rates and
Phone Number
1-800-658-3567
fees. For more detailed information regarding To view combination plans based on a
payment options, or to apply, please visit
monthly budget amount, please visit
www.afford.com/emmanuel.
www.afford.com/emmanuel.
This information is accurate at the time of printing; please contact the lender directly at the time of application to verify loan rates and terms.