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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.


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