Money Matters: You’ve Got Questions,

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Agenda

Student Billing

• Students are billed by semester. – Fall Bill: Due August 1st– Spring Bill: Due January 2nd

• Includes tuition, fees, room & board, etc. MINUS accepted financial aid (by semester)

• Any new charges during the semester are due the 1st of the following month

Student Financial Aid Award

Important Student Loan Requirements

Direct Loan Requirements:

Perkins Loan Requirements (ECSI Servicer):

Accepted loans will not be reflected on the billing statement until all loan requirements have been satisfied

*Perkins MPN not available online until award is accepted.

Financing Options

Primary Financing Options Include:

https://www.snc.edu/financialaid/typesofaid/financingoptions.html

Federal Direct Parent PLUS Loan

• Loan a parent can borrow to fund all or a portion of a student’s education

• Fixed interest rate 7.21%. There is a 4.288% processing fee*

* Example: $10,000 loan means $9,571.20 will be applied to bill (due to 4.288% processing fee, $428.80)

PLUS Repayment Options

Steps to Apply for a Parent PLUS Loan

Private Educational Loans

https://www.snc.edu/financialaid/typesofaid/financingoptions.html

Steps to Apply for Private Loan

Semester Payment Plan Example• Defer up to $3,000 per semester• Example: Fall Bill Due August 1st $5300

*Application online at www.snc.edu/bursar under documents or link in KnightLine Billing Statements

Academic Year Monthly Payment Plans

Student will continue to receive monthly KnightLine statements

Billing Process / Statements

• NOTE: KnightLine e-bill / Proxy Access Deposit $250 vs. $350 Miscellaneous Outside Scholarships Campus Employment Alternative Loans

Forms of Payment

In person, Bursar Office Tod Wehr Hall 128

In person or mailed to OfficeFree online payment method, student

account updated within an hour

Mastercard, VISA, Discover and AM Express Accepted2.75% Convenience Fee* (current rate charged by third party processor)

* Log into KnightLine online (student) or go to www.snc.edu/bursar/onlinepayment.html

Student Payment Agreement & Disclosure Statement

• Document that outlines financial rights and responsibilities. Form is in your orientation folder.

• Required for all St. Norbert College students.

• Finance charge of 1% a month (12% APR) assessed on any unpaid balance each month.

*Notaries will be available at the Resource Fair

Miscellaneous

• Proof of Health Insurance (required)

• Dewar Tuition Refund Insurance* (optional)

• Working on Campus

• Resource Fair, Todd Wehr Hall

*Dewar Enrollment Form is available online at www.collegerefund.com

Contact Information

• Bursars Office: – Phone: 800-597-3922 or 920-403-3002 – Email: bursar@snc.edu– Website: www.snc.edu/bursar

• Financial Aid Office:– Phone: 888-786-6721 or 920-403-3071– Email: financialaid@snc.edu– Website: www.snc.edu/financialaid

Questions?