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2011-2012 Academic Year Roxanne Dumas, Director of Financial Aid Money Matters: The Bill, Your Aid, Other Resources and Expenses
Agenda Costs The Fenway Card Health Insurance Billing Timeline Payment & Financing Options Private Scholarships Student Employment Financial Aid Things to Do
2011-2012 Costs Fall SpringTotal Tuition$14,495$14,495$28,990 Room & Board$6,185$6,185$12,370 Student Activity Fee$105$0 $105 General Fee$480$480$960 Orientation Fee$250$0$250 Rm Damage Deposit$100$100 Total*$21,615.00$21,160.00 $42,775
The Fenway Card Serves as student ID Provides access to residence halls and dining facilities “Fenway Cash” may be used at the laundry & vending machines, and off-campus locations Family/student can add “Cash” by going to http://www.fenwaycard.com/
Health Insurance Required by the Commonwealth of Massachusetts $1,650 annual premium for 2011-2012 year If covered under another plan, students must complete a Health Insurance Waiver Waive at www.universityhealthplans.com Deadline to complete waiver is August 1, 2011
Billing Timeline Fall 2011 Semester Bill Mailed July 1, 2011 Due Monday, August 1, 2011 Spring 2012 Semester Bill Mailed in November 15, 2011 Due Thursday December 15, 2011
Balance Due You are billed for the balance after: $200 Tuition Deposit $100 Room Deposit (if living on-campus) Financial Aid (excluding Federal Work Study) Private Outside Scholarships (w/documentation) Approved and completed alternative parent and/or student loans
Balance Due - Example Tuition$14,495 Activity Fee$105 General Fee$480 Orientation Fee$250 Room & Board $6,185 + $100 deposit fee Total$21,615 Deposit -$ 300 Financial Aid/Schs -$ 9,500 Balance Due$11,815
Payment and Financing Options Personal Check, Money Order, Traveler’s Check Electronic Check Payment through Wheelock on-line Billing and Payment System Visa, MasterCard, American Express or Discover Wire Transfer Monthly Payment Plan through TuitionPay Federal Parent Loan for Undergraduate Students (PLUS) Loan Parent or Student Private Education Loans
Interest Free Monthly Payment Plan TuitionPay $55 Enrollment Fee 7, 8, 9 and 10 month plans – June through March (800) 635-0120 or http://tuitionpay.salliemae.com
Credit-based Loans May borrow up to full cost of education after financial aid Please initiate requests NOW so we can ensure processing prior to the bill due date. Decide on amount (plan for both terms) and choose a lender Financing Guide To apply, please refer to the Alternative Financing Guide brochure, or go to our web site: www.wheelock.edu/finaid Don’t plan on a credit refund for books, travel and other living expenses. It will not be available until about 4 weeks in to the term.
Private Outside Scholarships Students must provide written documentation of the scholarship(s) for the pending award to be reflected on the billing statement Students should check with scholarship organization regarding renew ability Student is responsible for completing the scholarship process and making sure funds are received Very Significant private scholarships may impact a student’s financial aid award
Student Employment On-campus jobs are available but are limited Students receive an email around move in weekend with more information Students contact supervisors and apply for jobs Complete required documents Forms of original ID needed to process job paperwork 1. Valid U.S. Passport OR 2. Social Security Card AND Valid License/Picture ID Complete I-9, W-4 Direct Deposit Form-Bring a Blank Check or Savings Account Information Work-Study, Term-Time, Jumpstart, Off-Campus
Financial Aid – Things to do Students borrowing a Stafford loan must complete an Entrance Counseling and Master Promissory Note. If receiving outside scholarships, send financial aid the agency notice Applying for Future Years Complete FAFSA in January (estimated income) Priority filing date of April 15, 2012 Award Letters Mailed out June
Contact Information Offices located in Student Service Center Financial Aid Telephone: (617) 879-2443 Fax: (617) 879-2470 Email: firstname.lastname@example.org Student Accounts Telephone: (617) 879-2236 Fax: (617) 879-2386 Email: email@example.com
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