OFFICE OF FINANCIAL AID SERVICES

Location: Brother Jerome West

Phone: 925-631-4370

Email: finaid@stmarys-ca.edu

Hours: 8:30 AM- 5PM M-F

1 20178– Saint Mary's College of California

WHAT’S HAPPENED SO FAR…

2 2018 – Saint Mary's College of California

Submitted the 2018-2019 FAFSA – www.fafsa.gov

SMC school code = 001302

Received Cal Grant notification from CSAC (for CA students)

Received e-mail notification of Financial Aid Awards

Viewed your financial aid information in Gael Xpress – https://gaelxpress.stmarys-ca.edu

DIRECT LOANS

3 2018 – Saint Mary's College of California

Grade Level: Dep. Student Ind. Student

Freshman $5,500 $9,500

Sophomore $6,500 $10,500

Junior/Senior $7,500 $12,500

Graduate N/A $20,500

DIRECT STUDENT LOANS:• Subsidized: Based on need; no interest while enrolled at least half-time

• Unsubsidized: Not based on need; interest starts accruing from day one

• Interest rate: 5.05% (student loan), 7.60% (Parent PLUS Loan)

• Total aggregate loan limits for dependent undergraduate $31,000.00

• $23,000.00 maximum subsidized

DIRECT LOANS

4 2018 – Saint Mary's College of California

Accepting loans is a 3-step process!

1. Officially Accept the Loan or Loans.Accept on the Gael Xpress

2. Complete Master Promissory Note.@ studentloans.gov

3. Complete Loan Entrance Counseling. @ studentloans.gov

DIRECT LOANS

5 2018 – Saint Mary's College of California

SATISFACTORY ACADEMIC PROGRESS (SAP)

6 2018 – Saint Mary's College of California

Financial aid recipients must make satisfactory academic progress (SAP) towards a degree in order to receive institutional, federal, and/or state aid.

Requirements:

Qualitative: Cumulative GPA of at least 2.0

Quantitative: a minimum 7.25 credits completed each academic year

Max Timeframe: 1.5 times the normal program length

FINANCIAL LITERACY/ DEFAULT MANAGEMENT

7 2018 – Saint Mary's College of California

iGrad

An online financial literacy program, free

of charge to all SMC students.

ECMC

Provides support for students to manage

their student loan while in school and

after graduation. This service is free of

charge to all SMC students.

IMPORTANT REMINDERS

8 2018 – Saint Mary's College of California

Verification

• Some students are selected by the

Federal Processor to ensure the FAFSA

was filed accurately.

• Email/letter were sent to students who

are selected.

• Aid will not be disbursed until all required

documents are submitted.

IMPORTANT REMINDERS

9 2018 – Saint Mary's College of California

DROPPING CLASSES

• Dropping below full-time could affect your financial aid.

• Please always consult with Financial Aid, and your Academic Advisor before dropping any classes.

SPECIAL CIRCUMSTANCES

• If your family’s financial situation has changed drastically since completing the FAFSA, you may be eligible to file an appeal.

IMPORTANT REMINDERS

10 2018 – Saint Mary's College of California

Family Educational Rights & Privacy Act (FERPA)

• Students must complete an authorization in order for any information to be released to another individual (parent, grandparent, etc.)

• The student must specify the person’s information and authorize to release any (or all) of the following:

1. Academic Information

2. Account Information

3. Financial Aid Information

BUSINESS OFFICE

11 2018 – Saint Mary's College of California

Location: Filippi Hall, Main Floor

Phone: 925-631-4209

Email: business@stmarys-

ca.edu

Hours: 8:30 AM – 5:00PM – M-F

July 5-6 Opening eBills will launch for Fall 2018 term

Aug. 3 Payment Due Date for Fall 2018 term

Aug. 15 Last day to waive out of school insurance

Aug. 27 Fall classes begin

Oct. 1-3 Registration for on-campus Jan 2019 term

begins (all students must have a zero

balance to register)

Nov. 5-7 Registration for Spring 2019 (all students

must have a zero balance to register)

Dec. 6-7 Opening eBills will launch for Spring 2019

Jan. 4, 2019 Payment Due Date for Spring 2019

Important Dates

Students set up Authorized Users on GaelXpress: -Log into my.stmarys-ca.edu-Click on GX (GaelXpress)-Click on Student Account Center-Under My Profile Setup, Click on Authorized Users-Input the Authorized Users email and answer Yes to both questions-Check the I Agree box and click Continue

Authorized Users view eBill via below link, NOT GaelXpress:https://secure.touchnet.net:443/C21320_tsa/web

Students view eBill through GaelXpress by clicking on: Student Account Center

Authorized Users

Payment Options

• Credit cards are *not* accepted for tuition and fees.

• Over 85% of SMC students receive some form of Financial Aid.

• eCheck payments may be made online through the Student Account Center by entering bank routing number and checking/savings account number. Authorized Users pay by going to https://secure.touchnet.net:443/C21320_tsa/web

• Checks may be made payable to Saint Mary’s College and mailed to:SMC Business Office

1928 St. Mary’s Rd PMB 4600

Moraga, CA 94575

(please include your students id number on the check)

• Monthly Payment Plans are available through the Student Account Center by clicking on Enroll in Payment Plan. The setup fee is $50/semester: Fall 5-month plan runs from June 15-October 15 & 4-month plan runs from July 15-October 15 (spring 2019 payment plan starts on November 15).

Don’t Forget…

• Don’t forget to upload a 2-inch by 2-inch head shot for your SMC student id card to photoid@stmarys-ca.edu

• Don’t forget to check your SMC email account regularly. This is our primary method of communicating.

• Don’t forget to waive the medical insurance by August 15th if you have your own health coverage.

• Don’t forget to stay enrolled in four classes per semester to ensure degree completion (4-1-4 is the typical UG course load).

• Don’t forget to check My Holds and Approvals.

Don’t forget to contact the Business Office if you have questions at business@stmarys-ca.edu or (925) 631-4209