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1 Emmanuel College an investment in your future. Financial Aid Award Guide 20132014 Office of Student Financial Services www.emmanuel.edu

2 B y creating rich opportunities through internships, research, servicelearning and global experiences, Emmanuel College links academic offerings in the liberal arts and sciences to exciting realworld opportunities. Through small class sizes, faculty who are dedicated teachers and scholars, and stateoftheart academic facilities, we equip our graduates with the resources, knowledge and skills to pursue their lifes work.

Introduction Dear Student, Congratulations on your acceptance to Emmanuel College You are about to embark on an exciting journey to begin the next chapter of your life and selecting the right college is an important decision. At Emmanuel, we pride ourselves in being a personal collegea place where you are supported to engage, develop and explore from day one. Our goal is to position you for success at the college level and beyond through a strong academic foundation in the liberal arts and scien

2 How Does Emmanuel Help Emmanuel supports students by offering meritbased scholarships and needbased grants and by participating in all federal and state funding options. N Merit Scholarships Awarded to freshmen and transfer students on the basis of academic merit. N Trustee Award To recognize the many ways students contribute to the Emmanuel community, a Trustee Award is offered to students who do not qualify for a merit scholarship but who we believe will be contributing members of the com

How Does Emmanuel Help 3 N Federal Pell Grant A federal needbased grant for students with significant demonstrated financial need. N Federal Supplemental Educational Opportunity Grant SEOG Awarded on a fundsavailable basis to students who are recipients of the Federal Pell Grant. N Teacher Education Assistance for College and Higher Education TEACH Grant Federal grant of 4,000 awarded annually to students intending to teach full time for at least four years in a TEACHapproved field. For a li

4 What Can I Do Students can invest in their own education by borrowing with lowcost student loans, applying for scholarships, and by working on or off campus. Student Loans A Wise Investment The prospect of borrowing may be intimidating for some students, but when you take out a lowcost student loan to pay for tuition and fees, you are making a smart investment in your future. Federal student loans are usually limited to amounts that make repayment manageable. Additionally, there are several

What Can I Do 5 For some families, the students investment in his or her own education may be larger than for others. These students may need to borrow additional federal loans or private student loans. To view private student loan options, please visit www.emmanuel.edu. Scholarships Reduce Your Need to Borrow In addition to the scholarships and grants offered by Emmanuel and federal and state funding sources, there are many private scholarship opportunities available as well. We encourage yo

6 What Can Parents Do Parents invest in their childrens education from savings, current income, tax credits and borrowing. Savings Current Income Paying More Up Front Means Borrowing Less In addition to paying costs by personal check or credit card, Emmanuel offers families the option of spreading tuition payments over the course of the academic year with an interestfree 10month payment plan through Tuition Management Systems, Inc. For more information or to enroll online, please visit www.af

What Can Parents Do 7 Parent Loans When Savings and Current Income Are Not Enough There are many educational loan products available, including several parent loans. Two of these include Federal Parent Loan for Undergraduate Students PLUS Loan N Approval based on credit history not income N Affordable interest rate N Flexible payments N Deferred repayment option N No set loan limit N Option to add a cosigner or for the student to receive additional Federal Stafford Loan funds for denied applic

8 By the Numbers Number of oncampus jobs 30 1000 of families enrolled in the interestfree monthly payment plan 700,000 Amount of private scholarship funding received by Emmanuel students Number of Emmanuel College Endowed Scholarships 90

9 Total amount Emmanuel students saved through selecting a triple room option 450,000 Room and Board discount for secondyear Resident Assistants 100 0 Federal WorkStudy funds dedicated to community service positions Interest charged on monthly payment plan 25

10 Frequently Asked Questions What Can I Expect as an Annual Balance after Financial Aid Determine Your Estimated Balance A Total Annual Costs Tuition Orientation Fee Student Activity Fee Room Board Double Room 13,315 Triple Room 10,815 Estimated Total Annual Costs B Financial Aid Financial Aid from Financial Aid Award Letter do not include Federal Work Study Scholarships or other aid not yet reported to Emmanuel Total Financial Aid C Estimated Balance Total Annual Costs from section A Minus T

Frequently Asked Questions 11 What are the Best Ways to Further Reduce My Costs N Apply for private scholarships N Choose the least expensive housing option available to you N Stay on track academically and graduate on time. Emmanuel has an awardwinning academic advising program that challenges, supports and guides students as they become active participants in their own learning and explore options and make choices within the liberal arts and sciences curriculum. Why isnt Federal WorkStudy

12 Is My Financial Aid Renewable Emmanuel College makes every effort to offer the same aid each year. Emmanuel funding is limited to a maximum of eight semesters and is contingent upon timely application the FAFSA is due by March 1st each year, same level of demonstrated need, satisfactory academic progress, and the same enrollment and housing status as the prior year. Meritbased scholarships require fulltime enrollment and the cumulative GPA as required by your scholarship notification letter.

Next Steps 13 Next Steps Enrollment Deposit The 300 tuition deposit and 200 room deposit for resident students is due on or before May 1st. Online payments may be made at www.emmanuel.eduaccepted. Completing the Financial Aid Process If you received an estimated financial aid award letter, your award was based on the information reported on the FAFSA. If you will be attending Emmanuel, this information will need to be verified to finalize your award. After you and your parents have filed your

14 Stafford Loan Borrowers Students borrowing with the Federal Stafford Loan will need to complete a Master Promissory Note and Student Loan Entrance Counseling before the funds can be credited to the tuition bill. These requirements are completed online at www.studentloans.gov and should be completed by June 30, 2013. If you wish to decline your Federal Stafford Loans, please notify the OSFS by email at financialservicesemmanuel.edu or by phone at 6177359938. My daughter Brianne was so excite

Paying the Tuition Bill 15 Paying the Tuition Bill An estimated annual tuition bill is mailed to enrolling students in early June, prior to Orientation. Although the College officially bills students by academic semester, this estimated annual bill will provide you with a better understanding of the balance after financial aid so that you may enroll in the 10month payment plan or apply for a parent loan or private student loan should you wish to do so. If borrowing, we encourage you to borrow

16 Important Dates No later than Enrollment Deposit Deadline Apply for Parent or Private Student Loan Complete Federal Stafford Loan Master Promissory Note Entrance Counseling Enroll in Monthly Payment Plan with TMS Fall 2013 Semester Payment Due Date Complete Online Student Health Insurance Waiver or Enrollment Form Spring 2014 Semester Payment Due Date Priority Filing Date for Financial Aid for 20142015 May 1, 2013 June 15, 2013 June 30, 2013 DoneNA July 15, 2013 August 2, 2013 August 2, 20

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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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