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Presented by the Student Service Center.  Awards and manages internal and external funds including:  Grants  Loans  Scholarships  Work Study 

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Presentation on theme: "Presented by the Student Service Center.  Awards and manages internal and external funds including:  Grants  Loans  Scholarships  Work Study "— Presentation transcript:

1 Presented by the Student Service Center

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3  Awards and manages internal and external funds including:  Grants  Loans  Scholarships  Work Study  Provides counseling on alternative and federal loans.

4  Awards and manages internal and external funds including:  Grants  Loans  Scholarships  Work Study  Provides counseling on alternative and federal loans.

5  Generates and updates bills.  Establishes monthly payment plans.  Counsels students on alternative methods of financing.

6  Generates and updates bills.  Establishes monthly payment plans.  Counsels students on alternative methods of financing.

7  Sets up and registers students for courses.  Process student transcripts and verification requests.  Makes sure students are clear to graduate.  Maintains academic records.

8  Sets up and registers students for courses.  Process student transcripts and verification requests.  Makes sure students are clear to graduate.  Maintains academic records.

9  Assists international students by making sure that all proper documentation is up to date.

10  Assists international students by making sure that all proper documentation is up to date.

11 SSR’s are stationed at the Student Service Center along with regular counselors from opening until closing. They can help students by:  Answering general inquiries and questions.  Processing incoming documents and payments.  Assisting students with registration for courses.  Responding to phone calls, emails, and voice messages. Email: ssc@wit.edu Phone: 617-989-4020

12 SSR’s are stationed at the Student Service Center along with regular counselors from opening until closing. They can help students by:  Answering general inquiries and questions.  Processing incoming documents and payments.  Assisting students with registration for courses.  Responding to phone calls, emails, and voice messages. Email: ssc@wit.edu Phone: 617-989-4020

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14 Tuition Room Meal Plan Health Insurance TOTAL: $12,000 $5,665 $1,160 N/A $18,825 $24,000 $11,330 $2,320 $975 $37,650 ¹ - Based on double-occupancy room rate. SemesterYear ¹¹ ² - Charge can be waived. ²

15 Tuition Room Meal Plan Health Insurance TOTAL: $12,000 $5,665 $1,160 N/A $18,825 $24,000 $11,330 $2,320 $975 $37,650 ¹ - Based on double-occupancy room rate. SemesterYear ¹¹ ² - Charge can be waived. ²

16 SchoolTotal Yearly CoA Wentworth Institute of Technology$37,650 Northeastern University$49,452 Simmons College$42,262 Emmanuel College$46,207 Wheelock College$42,425 Boston College$52,624 Boston University$52,124

17 SchoolTotal Yearly CoA Wentworth Institute of Technology$37,650 Northeastern University$49,452 Simmons College$42,262 Emmanuel College$46,207 Wheelock College$42,425 Boston College$52,624 Boston University$52,124

18 Massachusetts law states that all students enrolled either part- or full-time in an institution of higher education must have health insurance. Like many schools, Wentworth pre-bills students a set health insurance charge for the year. This insurance can be waived if a student has prior qualified coverage. For more information visit: www.wit.com/ssc/ser/s_healt.htm

19 Massachusetts law states that all students enrolled either part- or full-time in an institution of higher education must have health insurance. Like many schools, Wentworth pre-bills students a set health insurance charge for the year. This insurance can be waived if a student has prior qualified coverage. For more information visit: www.wit.com/ssc/ser/s_healt.htm

20 To begin reviewing your account, check your financial aid award on LeopardWeb to determine your balance due. To access LeopardWeb…

21 To begin reviewing your account, check your financial aid award on LeopardWeb to determine your balance due. To access LeopardWeb…

22 In LeopardWeb you can…  Calculate your budget with your total aid factored in.  Accept or decline your financial aid package.  View your required financial aid documentation and send necessary paperwork back to Wentworth. To view your aid within LeopardWeb click on “Student and Financial Aid”  “Aid”  “Award for Aid Year”  “Award Year 2011-2012”

23 In LeopardWeb you can…  Calculate your budget with your total aid factored in.  Accept or decline your financial aid package.  View your required financial aid documentation and send necessary paperwork back to Wentworth. To view your aid within LeopardWeb click on “Student and Financial Aid”  “Aid”  “Award for Aid Year”  “Award Year 2011-2012”

24 If your financial aid changes for any reason a revised-award postcard will be sent to your address on file. The revised award will also be immediately viewable on LeopardWeb. For assistance deciding what payment option may work for you, visit: http://borrowsmart.afford.com/

25 If your financial aid changes for any reason a revised-award postcard will be sent to your address on file. The revised award will also be immediately viewable on LeopardWeb. For assistance deciding what payment option may work for you, visit: http://borrowsmart.afford.com/

26 View Available Aid Accept/Decline Aid Accept Either Full or Partial Aid View Required/Missing Paperwork

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29 Direct Stafford Loan Direct PLUS Loan Federal loan taken out in the student’s name and repayable six months after graduation. There are Subsidized (interest is paid by the government while in school) and Unsubsidized (interest is not paid by the government). Federal loan taken out in the parent’s name. Approval is credit-based with fixed interest of 8.5%.

30 Direct Stafford Loan Direct PLUS Loan Federal loan taken out in the student’s name and repayable six months after graduation. There are Subsidized (interest is paid by the government while in school) and Unsubsidized (interest is not paid by the government). Federal loan taken out in the parent’s name. Approval is credit-based with fixed interest of 8.5%.

31 INDEPENDENT UNDERGRAD First Year$3,500$6,000$9,500$109$13,120 Second Year$4,500$6,000$10,500$121$14,500 Third Year$5,500$7,000$12,500$144$17,262 DEPENDENT UNDERGRAD BASE SUB & UNSUB ADD’L UNSUB MAX SUB & UNSUB MONTLY REPAYMENT ESTIMATED TOTAL First Year$3,500$2,000$5,500$63$7,595 Second Year$4,500$2,000$6,500$75$8,976 Third Year$5,500$2,000$7,500$86$10,376 www.edfund.org

32 INDEPENDENT UNDERGRAD First Year$3,500$6,000$9,500$109$13,120 Second Year$4,500$6,000$10,500$121$14,500 Third Year$5,500$7,000$12,500$144$17,262 DEPENDENT UNDERGRAD BASE SUB & UNSUB ADD’L UNSUB MAX SUB & UNSUB MONTLY REPAYMENT ESTIMATED TOTAL First Year$3,500$2,000$5,500$63$7,595 Second Year$4,500$2,000$6,500$75$8,976 Third Year$5,500$2,000$7,500$86$10,376 www.edfund.org

33 When you accept your Federal Stafford Loan(s) you will have two requirements before that aid can disburse:  Master Promissory Note (MPN)  Entrance Counseling www.studentloans.gov

34 When you accept your Federal Stafford Loan(s) you will have two requirements before that aid can disburse:  Master Promissory Note (MPN)  Entrance Counseling www.studentloans.gov

35 Funds for students who work on campus and earn wages. This money is not applied to your tuition. Applications for student employment occur during the first week of courses.

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37  Select a loan provider of your choice.  Adjustable interest rate.  Student is the primary borrower with an eligible co-borrower.  Credit-based approval.  Deferred payments while in school.  Can borrow up to the cost of attendance minus financial aid. Visit “Financial Aid” at www.wit.edu/ssc for more information.

38  Select a loan provider of your choice.  Adjustable interest rate.  Student is the primary borrower with an eligible co-borrower.  Credit-based approval.  Deferred payments while in school.  Can borrow up to the cost of attendance minus financial aid. Visit “Financial Aid” at www.wit.edu/ssc for more information.

39 You can view your charges and financial aid. You can waive or enroll in Wentworth’s health insurance. You can view your overall balance. You can make online payments directly to your account.

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41 Tuition Management System (TMS) is a third party that Wentworth uses to handle official payment plans.  Plans are interest-free.  One-time enrollment charge of $75.  Plans can be set up either yearly (9-12 month payment) or by semester (4-5 month payment).  Payment made either online or over the phone with TMS. www.afford.com

42 Tuition Management System (TMS) is a third party that Wentworth uses to handle official payment plans.  Plans are interest-free.  One-time enrollment charge of $75.  Plans can be set up either yearly (9-12 month payment) or by semester (4-5 month payment).  Payment made either online or over the phone with TMS. www.afford.com

43 Fall 2011 Spring 2012 Summer 2012 Early August Mid-December Early April

44 Fall 2011 Spring 2012 Summer 2012 Early August Mid-December Early April

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