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Financial Aid and Billing Information

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					  Financial Aid Office
           and
 Business Services Office

Advising & Registration Days
           2011
 Housekeeping   Items
 FinancialAid
 Business Services
Two steps at SCSU:

   Free Application for Federal Student Aid
    (FAFSA) www.fafsa.gov
                      AND
   SCSU Application for Financial Aid
    www.stcloudstate.edu/financialaid/forms
   Gift Aid
       Scholarships
       Grants

   Self Help
       Employment
       Loans
   Gift Aid
       Scholarships - based on merit
         St. Cloud State or Private (your community, high school, civic groups)
       Grants – based on need; determined by FAFSA results
         Federal and Minnesota
       Other – Veterans Benefits
         Contact Kathie Goenner, Certifying Officer 320- 308-4040, AS Building
          118, kmgoenner@stcloudstate.edu

   Self Help
       Employment - earn and learn
         Work Study and Campus Employment
       Loans – repaid with interest
         Need-based (guaranteed student loans)
           Federal Perkins
           Federal Subsidized Direct Loan
         Not need-based
           Federal Unsubsidized Direct Loan
           Federal PLUS
           Private/Alternative
   Three components
       Cumulative GPA
       Percentage of Credits Completed
       Maximum Time Frame


   Must meet the policy each term

   Full policy
       Online:
        www.stcloudstate.edu/financialaid/policies/default.asp
       Print version available upon request
   Apply early and apply each year

   FAFSA deadline for Minnesota State Grant

   At least half-time (6 credits) enrollment to
    receive most types of financial aid

   Maintain satisfactory academic progress

   Determine payment plan to prevent
    cancellation of registration
   MN State College and University Board
    Policy to hold registration
   Classes will be safe if students meet one of
    the following situations by August 8, 2011:
       FAFSA on file with the SCSU Financial Aid Office; or
       tuition and fees paid in full; or
       $300 payment OR at least 15% of tuition and fees; or
       payment plan with the SCSU Business Services Office; or
       third-party payment authorization on file with SCSU Business
        Services Office
Charges (tuition, fees, housing)
- Payments (student/parent or pending aid)
= Total Bill

EXAMPLE (per semester):
 Tuition & Fees                      $3400
 Housing & Meals                     $3300
-Pending Financial Aid               $5000
Amount Due by August 8th             $1700
         Option #1 – Pay the bill in full
         Option #2 – Set up a payment plan
Type 1: SCSU                                 Type 2: FACTS
(self-monitored, campus-based)               (automated, outside vendor)
                                             www.stcloudstate.edu/billing
 August 8, 2011
    Financial aid on file OR $300 payment    Select “Billing and
                                               Payments”
 September 1, 2011                            Select “Payment Plan
     1/3 Tuition & Fees AND $985 Housing      Options”
 October 3, 2011                              Select FACTS/NBS e-Cashier
     1/3 Tuition & Fees AND $985 Housing      option

 November 1, 2011
    Balance due or hold placed on account
    Last day to drop with no "W" and 100%
     reduction of charges
         August 26, 2011 for fall semester
         Complete calendar at Office of Records and
          Registration www.stcloudstate.edu/registrar

    Financial Aid applied after the 6th business day
     of the semester
         August 30, 2011 for fall semester

    $30 Administrative Fee applied if account is not
     paid in full
         September 13, 2011 for fall semester
*   Spring dates: see your New Student Resource Guide (page 6) or
     www.stcloudstate.edu/billing/payment/importantdates.asp
   Federal loans
     www.studentloans.gov
     Entrance counseling - required of all first-time borrowers
     Master Promissory Note (MPN) must be completed

   If financial aid exceeds charges funds will be
    disbursed by:
       Direct deposit (recommended option)   SEPTEMBER 6, 2011
            or
       Check mailed to Local Address         SEPTEMBER 8, 2011
                 Paperless Bills (all online)
Payment Options
       On-line:   www.stcloudstate.edu/billing/payment and click on “e-Services”
       By Phone
          Credit cards only (MasterCard, Visa, Discover or American Express)
          (320) 308-4012

       In person: Cashier Office, Administrative Services Building, Room 123
       By Mail:
          Cashier Office, Administrative Services Building, Room 123
          Please include on your check 1) Student name AND 2) Student SCSU ID # or social
           security number

       Drop Box
          Located outside the Administrative Services Building or 1st Floor Atwood Center
          Please include on your check 1) Student name AND 2) Student SCSU ID # or social
           security number
  The federal Family Education Rights and
  Privacy Act (FERPA) prohibits schools
  from providing non-directory information to
  anyone other than the student, including
  parents and family members, regardless of
  the age of the student or family support.
For complete policy see:
   www.ed.gov/policy/gen/guid/fpco/ferpa/index.html or
   www.stcloudstate.edu/registrar/students/records/dataprivacy.asp
Adding Additional User to
   Student e-Services
Important:
There are NO                 Fall Semester*:
refunds for                      August 22-28                     100%
partial                          Aug. 29 – Sept. 5                 75%
withdrawal
from classes.                    September 6-12                    50%

                                 September 13-19                   25%

                                 After September 19                No Refund

*To view spring semester dates go to http://www.stcloudstate.edu/billing/refunds/
   AskStCloudState


     Click on the icon above at any of these department homepages:
      Admissions, Business Services, Continuing Studies, Counseling &
      Psychological Services, Financial Aid, Records & Registration, and
      Residential Life
     Knowledgebase with answers to many of your questions
     During peak process times, faster than phone call or email
     Don’t see the answer? Please pose a question

   Cashcourse.org/stcloudstate
     Online financial literacy/money management site
     Helps students better manage and understand their finances
                    or
        St. Cloud State University
720 Fourth Avenue South, St. Cloud, MN 56301

    Financial Aid Office – AS Building 106
                (320) 308-2047
      www.stcloudstate.edu/financialaid
        financialaid@stcloudstate.edu

  Business Services Office – AS Building 123
                 (320) 308-4012
   www.stcloudstate.edu/billing/default.asp
           billing@stcloudstate.edu

				
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