STUDENT BUSINESS SERVICES AND

THE OFFICE OF FINANCIAL AID

WE ARE HERE TO HELP!

OFFICE OF FINANCIAL AID 403 Pierce Hall Monday through Friday 8-5

STUDENT BUSINESS SERVICES 201 and 203 Pierce Hall Mon, Tues, Wed, & Fri 8-5 Thurs 9-5

SERVICE EMU 268 Student Center Monday through Thursday 8-5 Friday 9-5

FREE APPLICATION FOR FEDERAL STUDENT AID

(FAFSA) Apply online at fafsa.gov

Required for federal grants, loans and work-study and need based scholarships Complete and submit annually, as soon after January 1 as possible (Don’t wait, estimate!) The FAFSA determines the Expected Family Contribution (EFC)

WHAT IS THE COA? COST OF ATTENDANCE Full-Time, On-Campus, MI or OH, Freshman

Tuition and Fees (Direct Cost)$ 7,638 Room and Board (Direct Cost)$ 7,884 Books and Supplies

$

900

Transportation

$

900

Personal Expenses

$

900

Total estimated COA

$18,222

Non-resident: Add $13,465 to Estimated COA Estimated costs based on 26 credit hours of 2011-12 tuition and fees

EMU SCHOLARSHIPS Emerald Scholarship or Challenge Award •All freshman are automatically considered for the awards through their Admission application •Eligible students were notified of the award amount and renewal criteria in their Admission letter

Education First Opportunity Scholarship •Pell Grant Eligible Michigan or Ohio Residents •20 ACT and 3.0 GPA •Guaranteed Tuition and Fees paid by Pell Grant, Emerald Scholarship and Education First Opportunity Scholarship

Other Scholarships •Other scholarships should be reported to the Office of Financial Aid •Students are encouraged to apply for any scholarships they qualify for

TYPES OF AID: GRANTS AND WORK STUDY

Grants (need based aid) •Pell Grant •SEOG •TEACH Grant* •University Grant

College Work Study (need based aid) Employment, paid in a bi-weekly paycheck *Awarded to students in selected programs admitted to the Teacher Preparation Program who agree to a service obligation.

TYPES OF AID: LOANS Student Loans •Subsidized Stafford Loan (need based) 6.8% interest* •Unsubsidized Stafford Loan (non-need based) 6.8% interest •Repayment deferred until 6 months after graduation (or when student drops below half time enrollment) *Interest free while in school

Parent Loans •Parent PLUS Loan (non-need based) 7.9% interest •Repayment 60 days from full disbursement (or parents can request “in school” deferment)

Financial Aid Award Letter •Will be mailed starting in March to student’s permanent address •Contains checklist of next steps •Estimates Direct Costs •Displays amount and types of financial aid awarded •Scholarships/Grants •Student and Parent Loans •Work Study •Read and Save this document •Only one paper award letter •Important Information and Instructions

FINANCIAL AID DISBURSEMENT

Submit Required Documents • Degree Posted High School Transcript • Federal Tax Forms if requested by EMU

Studentloans.gov • Stafford Loan Entrance Counseling • Stafford Loan MPN • Parent PLUS Loan Application

Disbursement begins 10 days before the start of each semester

ONLINE E-BILL/STATEMENT • Students will receive an email notification that their e-bill is ready to view in the middle of August. • The semester bill for Fall term will be due the beginning of September. • All processed financial aid will be reflected on this bill. (All financial aid requirements must be complete). • Statements available at ebill.emich.edu

ONLINE E-BILL/STATEMENT •Parents or financial supporters can become authorized users if the student grants them access to their account. •Once signed up by the student; authorized users are able to access all online account activity. •Authorized users will receive EBill/Statement emails to their email address each time an EBill/Statement is created for the student.

WILL FINANCIAL AID PAY ALL OF THE BILL?

Compare Financial Aid Award to ebill •Estimate Fall Tuition & Fees/Room & Board Charges Use Tuition Calculator: http://www.emich.edu/sbs/calc.php Room/Board information: http://www.emich.edu/housing/rates.php •Subtract Fall Financial Aid* that you plan to accept

•If fall aid is less than the fall bill, the student will owe the balance •If aid is greater than the bill, a refund will be given to the student *Don’t count work-study or loan offers you are not going to accept

PAYMENT PLANS •One time fee per semester (currently $32). •No interest or late fees if paid on time. •Reminder emails are available on the personal profile tab through Ebill. •Charges are equally divided over the length of the payment plan.

MAKING PAYMENTS Electronic Check

“In Person” Payments Cash, Check & Money Order accepted at the Cashier’s Office, 201 Pierce Hall

https://ebill.emich.edu

MAKING PAYMENTS Credit Card (Online Only) • 2.75% fee with PayPath • Master Card, Discover & American Express • Visa not accepted https://ebill.emich.edu

REFUNDS • Any refunds will be sent via Higher One to the preference you have chosen. • Students will receive an email or text message when a refund has been sent to Higher One. • Refunds begin the first day of class each term. • For details regarding credit card refunds, please consult our website: • http://www.emich.edu/sbs/

EAGLE ONECARD The Eagle OneCard is: • The Official University ID Card. • Not a credit card. • The card that gives access to student privileges. • The only way to access any University refund and student payroll.

EAGLE ONECARD STUDENT PRIVILEGES

• • • •

Library and Computer Labs Rec/IM Sporting Events University Dining Services (Board plan) & other on site campus vendors • Door Access – Residence Halls Buildings • Higher One ATMs • (Pierce, COB, Pray Harrold , McKenny, and Student Center)

GETTING THE EAGLE ONECARD Student photos will be taken during today’s orientation. The Eagle OneCard will be mailed to their home address from: Higher One 185 Burlingham Rd North Kingstown, Rhode Island 02852 Everyone must activate their card.

ACTIVATING THE EAGLE ONECARD

• Log on to: www.EMUEagleOne.com. • Enter the 16 digit card number into the “Get Started” box and click “Activate” • Authenticate the card by filling in the requested information • Verify address and personal information • Set up website login • Choose a refund preference

REFUNDS AND STUDENT PAYROLL

When you activate your card you will choose your refund/payroll preference Deposit into the OneAccount

Deposit into an Outside Bank

• OneAccount is an online checking/debit account with Higher One • OneAccount is accessed through the Eagle OneCard • OneAccount does not create a credit account

• Continue use of your outside checking/savings account as usual

DEPOSITING MONEY INTO A ONE ACCOUNT • Students can drop off a check or money order to the Communications Box in the Student Center or in Pierce Hall • Family and friends can set up a funding account at EMUEagleOne.com • Checks or money orders can be mailed to Higher One

PARKING • Student parking hang tags will be available for purchase via the parking website at the end of July. • Commuter and Resident parking options are available. • Guest parking is available at an hourly rate in designated lots. • emich.edu/parking

PARKING • Currently there is free parking at the Rynearson Lot with a shuttle to main campus. • Currently we sell discounted AATA bus passes. • Hertz on Demand - A car share program that allows students to make use of Hertz vehicles permanently stationed on campus for an hourly rate.

THINGS TO KEEP IN MIND •Complete the Release of Information Form (FERPA) •Authorization to Pay Form •Service EMU in the Student Center •Activate EagleOne Card •Be prepared to purchase books and supplies •Become an authorized user on Ebill and review tuition payment options •Satisfactory Academic Progress (SAP) •Enroll in Payment Plans early

QUESTIONS: EMAIL US!

[email protected] [email protected] [email protected] [email protected] [email protected]