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Page 1: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Student Financial Services

Page 2: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Campus [email protected] | 507.389.1866 | Centennial Student Union

mnsu.edu/campushub

Page 3: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

You’ve Got MavMAIL

Activate your account @ mavmail.mnsu.edu

Page 4: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

✓ Financial aid data & status✓ Student account charges, payments✓ Payroll information✓ Academic records

✓ Course enrollment, grades, status

About You: What’s Private…

Other student records:Health/medicalCounseling Conduct/disciplinary

(You tell us if we can share it)

Fill out separate forms for these

Page 5: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

✓ Name

✓ Mailing Address

✓ Phone Number

✓ University Email

View and update your address at mnsu.edu/eservices

…What’s Not Private(You tell us if you don’t want it shared)

Page 6: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Student ResourcesPersonal savingsEmployment earnings

Family ResourcesSavings & investmentsHousehold income/budget

Student Financial AidGrants, scholarships, work-study employment, loans

How to Pay for College

Page 7: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Want financial aid to help?

Page 8: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

It’s a multiple-step process

Apply Award Accept Receive

Page 9: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Check your application status

https://secure.mnsu.edu/FinancialAid

Page 10: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Application in Review

Page 11: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Possible Missing Pieces

Verification

Citizenship

Dependency

Selective Service

Veteran Status

Page 12: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Review & Respond to Awards

mnsu.edu/eservices

Financial Aid - View Your Award Notification

Page 13: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

More Steps toAccept Your Awards

Page 14: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

If you need Federal Loans1. E-services - Respond to Awards: Accept or Reduce

2. E-services - Loan Acceptance

3. StudentLoans.gov - Entrance Loan Counseling (ELC)

4. StudentLoans.gov - Master Promissory Note (MPN)

Page 15: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Need more to cover costs?

Other Loan Options•Federal Loans first

•Federal PLUS Loan

•Private Educational Loans

Page 16: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Loans need to be paid back

Keep track of your federal loans at

nslds.ed.gov

Page 17: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

How can I find a job?On-Campus / Off-campus Jobs

Mavjobs.com

507.389.6061

mnsu.edu/cdc

Page 18: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

What are your costs?

Tuition & Fees

Most on-campus undergraduate courses priced as “banded” for

12-18 credits

Residency/Reciprocity

mnsu.edu/tuition | mnsu.edu/fees

Page 19: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Some classes cost moreAdditional Course FeesArt Supplies

Equipment Rental (ski, snowboard, bowling classes)

Private Music Lessons

Travel Costs / Study Abroad

Program CostsCollege of Business Laptop Program

Dental Assisting / Hygiene Kit

Aviation Flight Training

Page 20: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Plan for these costs, too

Page 21: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Textbook Charge Program

✓$500 maximum per semester

✓Charge period ends August 27

✓Eligible students:• Financial aid awarded

• Enrolled in automatic payment plan

• Veteran student status

Page 22: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Automatic Payment Planmnsu.edu/payment

✓One semester at a time

✓Automatic monthly payments

✓Enrollment will protect registration

from cancellation for non-payment

✓On-time payments ensure no late

fee or registration holds

Page 23: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Fall Semester Billing Dates

August 3, 2015

Early Registration Guarantee Date

August 24, 2015

First Day of Classes

August 28, 2015

Tuition Obligation Date

Final Registration Guarantee Date

September 28, 2015

Payment Due Date

mnsu.edu/campushub/dates

Page 24: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Registration Guarantee DateVerify your status at mnsu.edu/eservices

August 3, 2015

Meet minimum payment

requirements

Prevent registration cancellation

Page 25: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Tuition Obligation Date

August 28, 2015

Confirm your class schedule at mnsu.edu/eservices

Page 26: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Fall Semester Due Date

September 28, 2015

$4,000$5,500

$ 0

University ChargesFinancial Aid Ready

Estimated Out-of-Pocket Payment Needed

$8,500$5,500

$3,000

Estimated Bill Planning Tool

Check your balance at mnsu.edu/eservices

Page 27: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Financial Aid Disbursement

Direct Deposit:MavCARD link

to Wells Fargo account mnsu.edu/eservices

for other bank accounts

First Fall Semester Disbursement Date

September 4, 2015

Page 28: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Paying Your Bill

Onlinemnsu.edu/eservicesProxy Bill Pay

By Mail128 Wigley Admin CenterMankato, MN 56001

In person Cashier’s Office (WA128)

Page 29: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Your Grades Matter!

SATISFACTORY ACADEMIC PROGRESS (SAP) Standards:

2.0 cumulative MSU GPA or higher

67% cumulative completion percentage

Maximum timeframe cannot exceed 150%

Page 30: Student Financial Services. Campus Hub campushub@mnsu.edu | 507.389.1866 | Centennial Student Union mnsu.edu/campushub

Additional Eligible CostsBudget Adjustments

Expected Family Contributions

Special Circumstances

Remember: One Size Doesn’t Always Fit All