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A personal college. A powerful investment in your future. Tuition and Payment Guide 20132014 Office of Student Financial Services www.emmanuel.edu

Dear Student, Congratulations on your decision to enroll at Emmanuel. We look forward to welcoming you to our community this fall. In this guide, you will find frequently asked questions regarding costs, payment options, student employment and financial aid policies. We hope you find this information helpful as you and your family plan for this investment in your future. In addition to financial aid andor scholarships that you may have already received, there are many ways to pay for an Emmanuel

Table of Contents Costs........................................................................................... 2 Payment Options ........................................................................ 4 Cash and Personal Check .................................................... 4 College Savings Plan ............................................................ 4 Wire Transfer........................................................................ 4 Credit Card .............................

2 What Are the Costs to Attend Emmanuel 20132014 Tuition Fees Fall Spring Total Tuition Room and Board Double Occupancy Triple Occupancy Orientation Fee Student Activity Fee Additional Costs see next page Total Costs add all applicable costs 17,225 6,658 5,408 280 110 17,225 6,657 5,407 0 110 34,450 13,315 10,815 280 220 A B C Are There Ways to Reduce My Balance N Consider Your Housing Options Emmanuel offers a triple room, which is 2,500 less than a double room. You can request this

3 Are There Additional Costs N Health Insurance The Commonwealth of Massachusetts requires all students enrolled at least time to have health insurance coverage. Because of this, students are automatically enrolled in the Colleges health insurance plan and charged the 2,040 premium. If you have your own coverage and wish to waive enrollment in the Colleges plan, you must complete the waiver at www.universityhealthplans.com by August 2, 2013. If you do not waive the plan by August 2, 2013, you

4 What Are the Options to Pay My Balance There is no one right way to pay for an education each family situation is unique. Most families use a combination of saved, current and future income. The payment options listed below may be used individually or in combination. Payment Options from Savings N CashCheck Automated Clearing House ACH payments may be made at www.afford.comemmanuel or by mailing a check to our office, made payable to Emmanuel College. N College Savings Plans If you have a

5 Payment Options from Future Income N Federal Direct Parent PLUS Loan Creditbased loan income is not considered. The loan offers a fixed interest rate 7.9, the option of deferring payments while the student is enrolled and flexible repayment terms. If the loan is denied, the parent may add an endorser, appeal the decision, or the student may borrow more with the Stafford Loan. To apply, please visit www.studentloans.gov or download a paper application from our website. Educational Financing A

6 What Should I Consider When Choosing a Loan Selecting a loan does not have to be complicated. To help you make the best decision, we encourage you to consider the following N Interest Rate Loans may offer fixed or variable interest rates. If variable, determine if there is a maximum interest rate. Fees Some lenders will charge an origination or processing fee. Determine if the fee is deducted from the requested amount or added to the principal to ensure you are borrowing enough to cover your

7 Student Employment Not all students will choose to work however, should you want or need to work to pay for living expenses, Emmanuel offers a robust oncampus employment program and our Boston location is ideal for offcampus jobs. All students are eligible to apply for an oncampus job, regardless of whether you were awarded Federal WorkStudy FWS. The College has a few partnerships with offcampus organizations that provide employment to students however, these are limited to students who recei

8 Frequently Asked Questions Will My Financial Aid Be Deducted from My Tuition Bill Yes, financial aid will automatically be deducted from your bill, except for the following situations N If additional information is required to complete your financial aid application, you will receive notification regarding this. Estimated aid will not credit your tuition bill. N If you are borrowing with a Federal Direct Stafford Loan, you must complete 1 a Master Promissory Note and 2 Entrance Counseling. B

9 What if I Borrowed Additional Funds for Rent andor Books If you have a credit on your account after paying your bill, you may request a refund through OAR via MySaints. Students who request their refund through OAR may request to have the funds directly deposited into their bank account. You may also reduce your loan or have the credit applied toward the next semesters balance. Because financial aid is disbursed after the adddrop period, most refunds are not available until midOctober for the

10 What if I Withdraw from a Course Course schedule changes may be made during the semesters add drop period to receive a refund. After the adddrop period, you are liable for the cost of courses from which you withdraw. Your enrollment and housing status are confirmed after each semesters adddrop period before financial aid is disbursed. Your aid may be adjusted if your enrollment andor your housing status changes from the original status as provided on your Financial Aid Award Letter. What if

11 There is no correlation between the Colleges Withdrawal Policy and the federal policy. We encourage all students to meet with the OSFS before withdrawing to understand the financial impact. Is Tuition Refund Insurance Available Tuition refund insurance is available through Sallie Mae Insurance Services to help protect your investment if the student is unable to complete classes for the semester due to physical or mental illness, injury or death. Participation in the tuition insurance is opt

12 What if I am Unable to Pay My Balance by the Bill Due Date If you are unable to pay your balance by the bill due date, please contact the OSFS. We will help you find payment options that work for you. Although very few students will have a delinquent account, those with a delinquent account will Be assessed a late fee Have a financial hold added to their account preventing them from N moving into the residence hall N dining on campus N attending classes N registering for classes N parti

13 Important Dates No later than Apply for Parent or Student Loan Request Funds from College Savings Plan Provider Complete Federal Stafford Loan Master Promissory Note and Entrance Counseling Enroll in Monthly Payment Plan Fall 2013 Semester Bill Payment Due Date Complete Online Health Insurance Waiver Form Spring 2014 Semester Bill Payment Due Date Priority Filing Date for 20142015 Financial Aid June 30, 2013 June 30, 2013 June 30, 2013 July 15, 2013 August 2, 2013 August 2, 2013 December 1

Emmanuel College, founded by the Sisters of Notre Dame de Namur in 1919, is a coed, residential, Catholic liberal arts and sciences college located in the city of Boston. Its beautiful 17acre campus is neighbored by a worldclass medical center, two major art museums and Fenway Park. Its unique location gives students the opportunity to explore realworld experiences through internships, research and strategic partnerships within the Longwood Medical and Academic Area and the city of Boston. Emman

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