Everything you ever wanted to know about financial matters but were afraid to ask

FERPA (privacy act) Make sure that your son/daughter fills out the waiver form so that we can discuss student info with you

Neumann e-mail address

Students must use their email address
Instructors email students through Neumann email Departments email students through Neumann email

Parent email address -- we need it!

Resident student mail boxes check them daily

Who should apply for a FAFSA?

Everyone! Everyone! Everyone! Anyone who does not want to pay in full for their students tuition! Did we mention EVERYONE ??? ITS ABSOLTELY FREE !!!

Determines your eligibility for need-based aid First step in allowing you to apply for a Federal Direct Student Loan Allows you to apply for internal grants and scholarships Allows you apply for external grants and scholarships

www.pin.ed.gov The Personal Identification Number (PIN) serves as your identifier to let you access your personal information www.fafsa.ed.gov not www.fafsa.com not www.fafsa.org

FREE MONEY FROM THE GOVERNMENT Federal Pell SEOG (Supplemental Educational Opportunity Grant) State Grant Federal Work Study

33% chance of being selected by the government or institution Financial Assistance Office requires the following Student/parent to complete Verification Worksheet Student /parent signed federal tax returns and supporting schedules Financial Assistance Office May need 1099 forms and/or W-2s from student /parent FINANCIAL AID AWARD CANNOT FINALIZED UNTIL VERIFICATION PROCESS IS COMPLETED!!!

Know your state grant deadlines April 15th for the State of Delaware 1-302-577-3240 May1st for the State of Pennsylvania 1-800-692-7392
Freshman must complete Status Notification form for eligibility

Funds you earn Not deducted from your tuition bill Can work no more than 12 hours per week Paid bi-weekly through direct deposit to students bank account (student bank account mandatory) Sources of ID needed: Drivers License Birth Certificate Social Security Card Photo Student ID Card

Federal Direct Student Loans (guaranteed loans) Subsidized (government pays the interest while in school) estimated interest rate 3.4% Unsubsidized (option to pay interest or capitalize while in school) estimated interest rate 6.8% This requires a Master Promissory Note (MPN) signed using your 4 digit FAFSA pin Apply through www.studentloans.gov

An entrance interview must be completed by the student loan funds can be processed to their tuition account Once the entrance counseling is completed, the student must sign a Master Promissory Note (MPN) An MPN is signed by using the students 4 digit FAFSA pin Complete both of these at:

www.studentloans.gov

Parent PLUS loans estimated interest rate 7.9% Can only be in a parents name Credit check is required If credit is denied, student is eligible for additional unsubsidized portion of student loan Repayment starts 6 months after the first disbursement Can postpone payments while student is in school (up to six months after student leaves school)

A private loan that is based on credit Most need a credit-worthy co-signer, doesnt have to be the parent Many private loans have a tiered interest rate The better the credit rating, the better the interest rate Repayment begins after a 6 month period of separation Can defer interest while in school Can pay on entire loan while in school Co-signer is responsible for loan if student does not pay After 24 -36 consecutive, on-time payments, co-signer can be released from payment obligations Co-signer must contact lender and request release www.elmselect.com website to use for comparisons

Commuter
(12 to 19 credits) Undergraduate Tuition Full-Time (per semester) Tuition General Fee SGA Fee Technology Fee Total per semester $11,238.00 292.00 70.00 75.00 $11,675.00

Resident
Undergraduate Tuition Full-Time (12 to 19 credits) Tuition $11,238.00 General Fee 292.00 SGA Fee 70.00 Technology Fee 75.00 Room 3,130.00 Board (19 meal plan) 2,192.00 bonus points - 100 Total per semester $16,997.00

 Business Office Payment Plans

Higher Education Services (10 month payment plan) June to April - $60 annual fee (includes life insurance) Deferral Plan ($40/per semester) first payment August second month September third month October final month November Repeats for the next semester

see brochures for details

E-COMMERCE
PAY for Tuition on-line
24/7 THROUGH WEB-ADVISOR

Credit card OR Electronic Check NO SERVICE CHARGE All you need to LOG ON is your:
son/daughters ID AND PASSWORD

PASSWORD DEFAULTS TO BIRTHDATE

New Freshmen Resident Students: Mandatory for first year - 19 Meal Plan (110 bonus points)

15 Block Plan: 15 meals 30 Block Plan: 30 meals 50 Block Plan: 50 meals 30 Superblock Plan: 30 meals
Plus $275.00 bonus points

$110.00 $208.00 $329.00 $508.00 $571.00

50 Superblock Plan: 50 meals

Plus $235.00 bonus points

Purchase meals Knights Caf, Crossroads Bookstore Books, clothes, supplies (everything) Laundry

All full-time students are required to have health insurance:

Need to provide proof of health insurance Easy On-line Insurance waiver processing

Student Life Health Services Enroll/Waive Health Insurance

WWW.NEUMANN.EDU

or

Purchase health insurance - $684.00 per yr (FY 2010-2011).

Fall Semester

Bills will be mailed beginning of July Payment due date Wednesday, August 3rd Classes begin Monday, August 29th

Fall

textbooks available online- around June 15th

Used books, and Rental Books are first come-first served

Go

to the Neumann University website

Student Life Campus Store

www.neumann.edu

The Campus Store boxes up all your textbooks for you.

Pick up your books as early as the second week in August. or Visit the Campus Store during Freshmen orientation weekend to pick up your books.

The receipt for your purchases will be in your box. It is VERY IMPORTANT to keep your receipt, in case you need to return or exchange a textbook for any reason.

 If

you prefer to visit the Campus Store to purchase or rent your textbooks, we suggest you visit the second week in August to insure that all your books will be available in the store.
Summer hours of operation: Monday Thru Thursday 8:30-5:00 Friday 8:30-4:00 The store is initiating a Customer Loyalty Program in the Fall. Students will be rewarded for their patronage . Any student reserving books on line will automatically be signed up for the Customer Loyalty Program.

WWW.NEUMANN.EDU
Business Office use site map Business Office (Business Office appears on left hand side) Financial Assistance Office use site map - Admissions to Financial Assistance Web-Advisor use jump to Web-Advisor Student log-on right hand side

14 DAYS TO REFUND
PLUS Loans RESIDENT STUDENTS delivered to mailbox
Make it a habit to check student mailbox daily

COMMUTER STUDENTS mailed home

Have permission from student to open their Neumann University mail

? ? ? ? ?