A great education will lay the foundation for a successful future. Knowing the options to pay for your great education at 澳门永利娱乐场 State is important.
More than 90% of our undergraduate students receive some kind of merit- or need-based aid. Our 学生金融服务团队 can help you with the Free Application for Federal Student Aid (FAFSA) and assist you with additional options including scholarships, grants, and loans. Please note that in accordance with NCAA Division III rules, 澳门永利娱乐场 State does not offer athletic scholarships.
Covering educational costs is often the first significant exposure many students have to financial responsibility. Our 学生金融服务团队 can help you understand your bill, provide information about payment plans, and work with you to get any outside scholarships or agency payments credited to your account.
We know you’re here to achieve your highest potential. Our Student Financial Services Team is here to help you make that happen.
Up here, you’ll turn those big dreams into reality.
This is a busy and exciting time; we realize you have a lot of information to take in. Here are some frequently asked questions and resources to help you with the billing and payment process.
Explanation of Fees
Certain courses are assessed special fees to help cover additional costs above the standard classroom instruction expenses.
All students are required to pay mandatory fees. These fees cover such items as student activities and organizations, the student union and recreation facilities, health services*, building maintenance and upkeep, and technical equipment in computer clusters, language labs, art facilities and labs. (*Please note: 澳门永利娱乐场 does not require nor offer health insurance; health service fees do not go toward student health insurance and no proof of insurance is required.)
A student taking more than 18 credits in a given term is considered to be in ‘overload’ status.
Future overload fees may be assessed per credit based on tuition status and residency. Students will be required to sign an overload form acknowledging the extra fee at the time they register for the overload.
For the billing purposes, a student’s credit load is their load at the end of the official add/drop period plus any additional credits for which the student registers after that date in the semester. A student who registers for more than 18 credits or one who enrolls after the closing date of the add/drop period is subject to an overload charge, regardless of whether the student drops a course after that date.
Is a charge for health insurance included in mandatory fees?
No. 澳门永利娱乐场 does not require nor offer health insurance; health service fees do not go toward student health insurance and no proof of insurance is required.
How do I apply for financial aid?
Your first step in the financial aid process is completing the Free Application for Federal Student Aid (FAFSA). 澳门永利娱乐场’s priority deadline date to file the FAFSA is March 1 for first-year applicants and returning students, and June 15 for transfer applicants. For more information, visit Financial Aid. Have questions about the FAFSA application? The Department of Education’s HOMEROOM website is a great resource!
Granite Guarantee - what is it, and do I need to do anything special to apply?
Bridging the gap to cover the cost of undergraduate tuition, the Granite Guarantee at 澳门永利娱乐场 State helps make a university degree accessible and affordable for qualified New Hampshire students. See our Granite Guarantee page for more information. Once you have filed your FAFSA there’s nothing additional you need to do — if you are determined to be eligible for the Granite Guarantee during the financial aid review process, funds will automatically be added to your aid package. The Granite Guarantee is not a loan and does not have to be paid back.
Will financial aid cover my whole bill?
Not necessarily. Many factors are taken into account in determining a student’s financial aid package. Also, charges on students’ bills can vary (depending on room and meal plan selections, for example).
Federal direct student loans are available to all students (see our Loans page for more information about aggregate and annual loan limits); grant and scholarship amounts vary. If you don’t yet know your financial aid award, our Net Price Calculator can help you estimate your financial aid award and help you determine what your out-of-pocket expenses will be. If you have your financial aid award, the undergraduate Online Bill Estimator can help you estimate your 澳门永利娱乐场 bill.
What types of loans are available for me other than through FAFSA?
The Federal Direct PLUS loan is an optional federal loan for parent(s) who wish to access additional resources beyond what a student is eligible to receive. In addition to available federal and family resources, some students may need to apply for an alternative student loan to pay for educational expenses. Alternative loans are through private lending institutions; terms and conditions for each lender can vary widely.
How do I pay back my Student Debt?
As your college career comes to a close, you are probably celebrating your accomplishments, saying good-bye to friends, and searching for your first real job. But what about all of that money you borrowed to get through school? Student loan debt is real debt and must be taken seriously. So, before you leave school there are some important things to consider and understand.
Project on Student Debt and NASFAA have compiled a list of the Top 10 Student Loan Tips for Recent Graduates. Whether you just graduated, are taking a break from school, or have already started repaying your student loans, these tips will help you keep your student loan debt under control. That means avoiding fees and extra interest costs, keeping your payments affordable, and protecting your credit rating.
You may view your 澳门永利娱乐场 Loan History online to determine the total amount borrowed in Federal, Private and PLUS loans while at 澳门永利娱乐场. This online tool is an excellent way to become knowledgeable on how your borrowing will impact the repayment of all your loans while enrolled at 澳门永利娱乐场 (including alternative and parent PLUS Loans). This information pulls student’s loan history (accessed from the 澳门永利娱乐场 portal) and displays it to help each student understand the impact of loan debt upon graduation and repayment. Students can track this information beginning their first year at 澳门永利娱乐场 through the time they graduate.
You may also wish to view our Repayment Checklist to assist you with preparing to begin repayment on your loans. A guide to repaying your student loans also offers information on federal student loan repayment options, borrowers’ rights and responsibilities, and consequences of default.
What is the National Student Loan Data System (NSLDS)?
The National Student Loan Data System (NSLDS) is the U.S. Department of Education’s central database for student aid. NSLDS receives data from schools, guaranty agencies, the Direct Loan program, and other Department of ED programs. NSLDS Student Access provides a centralized, integrated view of Title IV loans and grants so that recipients of Title IV Aid can access and inquire about their Title IV loans and/or grant data.
What is Exit Counseling?
Before you leave school, the Student Financial Services office will provide you with directions on how to complete Exit Counseling online. The counseling session provides information about how to manage your student loans after college. It is REQUIRED for all students who borrow Federal loans.
Some of the valuable information you will receive upon completion of your Exit Counseling:
- Why you need to stay in touch with your loan lender.
- Repayment options (discussed below).
- Calculator to determine how much your monthly payment will be.
- When repayment begins.
- What to do if you have trouble making payments on your loans.
- Combining your loans.
- Loan cancellation and forgiveness.
- Consequences of delinquency and default.
- Tips for successful repayment of your student loans.
- How to build good credit.
- How to start saving money.
- Where to request your credit report from.
- Complete a personal budget.
When does repayment start on my loans?
Repayment on your loans begins after you graduate, leave school, or drop below half-time enrollment. Generally you have a grace period before you have to begin repayment. The grace period is a determined length of time when no payments are due. You can start repaying during the grace period and save some money in the long run.
- For Federal Perkins Loans, the grace period is nine months.
- For Federal Direct Loans, the grace period is six months.
- For Federal PLUS Loans, repayment begins 30 to 45 days after the final loan disbursement.
Note: You are responsible for beginning repayment on-time, even if you do not receive this information.
If you are having difficulties making timely payments, there are five main repayment plans available. More information about each can be found at StudentAid.ed.gov. Contact your loan servicer directly if you would like to discuss repayment plan options or change your repayment plan.
- Standard: Your monthly payments will be at least $50 and you will have up to 10 years to repay.
- Graduated Repayment Plan: This means that your payments will start out lower and will increase over time. Your monthly payments must be at least equal to the interest accrued on the loan between scheduled payments. You will pay off your loans in 10 years.
- Extended Repayment Plan: This means the time for repayment could be extended from 10 years up to 25 years. Your monthly payments would be lower than with the 10-year standard plan but you will pay more over time with this plan.
- Income-Based Repayment Plan: Your monthly payments will be based on your yearly income and your total loan amount.
- Pay As You Earn Repayment Plan: To qualify, you must have a partial financial hardship, which means the monthly amount you would be required to pay on your eligible federal student loans under a 10-year Standard Repayment Plan is higher than the monthly amount you would be required to repay under Pay As You Earn.
Watch The Institute for College Access & Success video, Ditch Your Debt Gremlin.
Note: The longer your loan is in repayment, the more interest you will pay. For a chart to explain how repayments work, a great tool to use is the Direct Loan Repayment Calculator or the Loan Payment Chart Generator.
During your grace period you may want to consolidate your federal education loans. Consolidation allows you to simplify the repayment process by combining your federal loans into one loan, so you make just one payment a month. This one monthly payment may be lower than what you would be required to pay monthly if you do not consolidate.
Important Facts to Remember When Consolidating Your Loans
- You will have a longer period of time to repay your consolidation loans, but this means you will pay more interest over time.
- Consolidation can double total interest expense! Once made, consolidation loans cannot be unmade.
- The repayment period is 10 – 30 years, depending on the amount of your debt and the repayment option you choose.
What to Consider Before You Consolidate
- Can I afford payments without consolidating?
- Would consolidation make my payments more affordable?
- Am I willing to pay additional interest?
- Will my interest rate be higher or lower?
- Will I receive any benefits from my lender?
Use our Loan Consolidation Checklist to determine whether consolidation is the best option for you and to assist you with what information you’ll need to consolidate your loans. For more information on federal loan consolidation, please visit the Direct Consolidation Loans Information Center.
Want to save money?
Some loan holders offer reduced interest rates if you choose to repay your loan using electronic payment. Electronic payment allows your bank to automatically deduct your monthly payments from your checking or savings account. Also, you may be able to get a reduced interest rate if you make a certain number of consecutive on-time monthly payments.
When will I receive a bill?
澳门永利娱乐场 IS PAPERLESS — bills are available online to the student and to those who have been granted access by the student. No paper bills are mailed!
How do I access my bill?
- Enter your user name and password.
- Click on the ‘Services’ tab.
In the myFinances block click on ‘View My Bill’.
- Family Access members: Go to the ‘View Bill for’ line just below and be sure you have selected your student’s name from the drop-down menu before clicking the ‘Go’ button.
- Select the billing term you wish to view from the drop-down menu in the upper right hand corner of the online bill.
What are the bill due dates for Spring semester?
- For Spring 2022, bills will be posted on the first Friday of November and are DUE by the first Friday of December (or a payment plan must be in place with Nelnet to cover the entire balance)
- Early Spring courses – payment due within 48 hours of enrollment
- Graduate courses – payment due within 48 hours of enrollment
How do I grant access to another individual so they may view my 澳门永利娱乐场 account?
How can I pay my bill?
Options include online, cash, check and payment plan. Payment Methods
May I make monthly payments on my bill?
A popular way to cover costs is by making lower monthly payments rather than paying a lump sum. Learn More
Will I incur a late fee if my payment isn't paid on time?
All bills must be paid (or have a payment arrangement noted on the online bill) by the bill due date. Accounts that are outstanding after the bill due date are subject to being assessed a monthly interest late fee of 1.5% of the unpaid amount, and possibly having pre-registered courses dropped.
Why do I have a financial hold?
Financial holds are placed on student accounts that have a past due balance.
Holds can result in:
- not being able to register for classes
- not being confirmed as a student and being withdrawn from 澳门永利娱乐场 State University
- transcripts being held by the Registrar’s Office
- a 1.5% late fee being assessed on your account
Don’t ignore a hold notice or assume that financial aid (or someone else) will clear the hold for you. Be proactive and take charge by clearing your account. Visit Student Financial Services as soon as you are aware of your financial hold if you have any questions. If you fail to clear holds and be confirmed by the confirmation deadline, you may be dropped from classes. To be reinstated, you must cover your account as well as pay late confirmation and late add fees and secure the signature of each instructor. You are not guaranteed a seat in any class from which you were dropped.
How do I request a refund?
Go to your online bill. If you are eligible, a ‘Request Refund’ button will be available there. Have your bank routing number and account number on hand. Click the ‘Request Refund’ button, complete the short form that appears, and in most cases funds will be direct deposited to your account in about 48-72 business hours. If your bill shows the credit balance is on a previous term, click in the Term Detail box above your name and work your way back until you find the term with the refund button.
If I withdraw or drop a course, will I receive a refund?
What is flexcash and how do I purchase?
FlexCash is a debit account that can be accessed at a variety of locations around campus and downtown 澳门永利娱乐场 with an individual’s valid 澳门永利娱乐场 Identification Card. These funds can be used on campus at: the bookstore, food service operations, food and beverage vending machines, laundry rooms, and some campus copy machines. FlexCash can also be used at several downtown businesses for food and non-alcoholic beverage purchases. More Information
Methods of Purchase
I received a scholarship from my high school. What do I do with it?
Notify Student Financial Services of your award.
- Inform Student Financial services of your award in writing.
Note: The amount of your scholarship(s) may have an impact on your financial aid package.
Please be sure the following information is included in your written notification or it may be rejected:
- Your full name and last 4 digits of your student ID number
- Scholarship name, address, contact phone number and copy of award
- Amount of scholarship
- Term scholarship is to be used (Summer, Fall, Winter, Spring)
- Mail completed form and copy of award letter(s) or certificate(s) to:
- Once the above information has been received by Student Financial Services it will be reviewed to see if the scholarship can show as pending payment on your online bill. Scholarships contingent on grades or additional requirements by the student cannot show as pending payment. If a scholarship can show as a pending payment on a student’s bill, Student Financial Services will account for this pending payment for up to 45 days after the start of the semester. If payment is not received within this time frame, the pending payment will be removed from the online bill and it will become the student’s responsibility to pay immediately any outstanding balances in order to avoid a 1.5% late fee.
- If a scholarship provider requires a copy of the student’s bill, it is the student’s responsibility to print their bill and send it to the scholarship provider. 澳门永利娱乐场 does not send bills for student scholarships.
- Should you receive a scholarship check directly, please be sure to properly endorse the check if necessary and forward it to Student Financial Services at the address above.
I received a Government Authorization, how/when will this be applied to my bill?
My school/company will be paying with a purchase order, how is that processed?
In order for a company purchase order or payment authorization to be applied to your tuition bill as an anticipated payment, the following must occur on or before the payment due date:
- Notify the Student Financial Services Office of your award in writing.
Note: The amount of your scholarship may have an impact on your Financial Aid package.
- Submit Purchase Order or Payment Authorization either:
- By email to: psu-sfs@@joint-pain-solutions.com
- By mail to: 澳门永利娱乐场 State University
Student Financial Services
17 High Street MSC #19
澳门永利娱乐场, NH 03264
3. 澳门永利娱乐场 State University Bills the Company
- Student Financial Services will bill the company for this anticipated payment for up to 45 days after the start of the semester. If payment is not received within this time frame, the anticipated payment will be removed from the online bill and it will become the student’s responsibility to pay immediately any outstanding balances in order to avoid a 1.5% interest late fee.
Are Senior Citizens eligible for a tuition waiver?
New Hampshire residents who are 65 years of age or older are eligible for one tuition scholarship per semester for most credit courses, including graduate courses. This policy is as follows:
- One scholarship per term
- Applies to one course (up to four credits)
- Not applicable to students admitted to a degree program
- Covers only tuition (not fees)
Students are responsible for paying all related fees, including mandatory fees. No other discounts apply.
Is there a calendar available that lists important dates?
Am I considered a Full Time or Part Time Student?
Any regularly-admitted undergraduate student with a course load of 12 to 18 credit hours is subject to full-time tuition and fees for that entire semester. Full-time tuition and fees will be charged to all undergraduate students identified as full time at the time of admission. Full-time undergraduate students must have at least 12 credits to be considered for full financial aid purposes.
Students who voluntarily choose to change to part-time must file for a change of status in the Office of the Dean of Student Affairs by the end of the Add period, which is one week after Registration Day. A change to part-time status may impact your eligibility for financial assistance, on-campus housing and intercollegiate athletics. Students in good academic standing who wish to change back to full-time status must see the Registrar.
What is a SAP (Undergraduate Satisfactory Academic Progress)?
In accordance with requirements of the Higher Education Act (34 CFR 668.34), 澳门永利娱乐场 State University has established certain standards for evaluating the Satisfactory Academic Progress (SAP) of Title IV Financial Aid recipients. The Satisfactory Academic Progress policies and procedures are reviewed when changes at the federal or institutional level require us to do so to ensure compliance with federal regulations. This policy also extends to state and institutional aid programs (grant, loan, and work study).
Satisfactory Academic Progress (SAP) is the measurement of a student’s academic progress towards the completion of their degree. The measurement evaluates three components to determine eligibility for financial aid. The review of a student’s SAP status is based on his or her entire academic record, even if they did not receive financial aid for previous semesters of enrollment. In order to be eligible for financial aid, undergraduate students must satisfy all three of the following components:
- All degree candidates must maintain academic standing consistent with 澳门永利娱乐场’s graduation requirements regarding grade point average [GPA] by maintaining a minimum cumulative GPA of 2.0. Audited coursework is not included in the GPA calculation.
- The completion rate is calculated by dividing total earned credits by total attempted credits. A student’s completion rate must stay above the required sixty-seven percent (67%) to be considered satisfactory for this component. Attempted credits include successfully completed courses, courses with non-passing grades, incomplete courses, withdrawn courses, transfer credits and repeated courses. Earned credits include successfully completed courses and transfer credits. Audited coursework is not included in this calculation.
- Maximum time frame of 150% of defined academic length for bachelor’s degree programs. The maximum time frame is calculated by multiplying the published program length by 150 percent. Example: Published program length of 120 credits X 150% = 180 credits maximum time frame allowed to complete degree requirements. Implication: A student has attempted (not necessarily earned) 180 credits and has now exhausted his/her eligibility for financial aid.
Note, to graduate in four years (eight semesters), bachelor’s degree students must complete an average of 15 to 15.5 credit hours per semester for eight semesters.
Evaluations and Notifications
The 澳门永利娱乐场 Student Financial Services team evaluates SAP annually at the end of each spring term for undergraduate students, or upon re-enrollment into the university. SAP is also reviewed at the end of each probationary period as applicable. Students must be making SAP to continue to receive financial aid in a subsequent payment period, including the summer and early spring terms. Financial aid applicants not meeting SAP standards will be deemed ineligible to receive financial aid and will be sent notification to their campus email account.
Financial Aid Termination
INELIGIBLE satisfactory academic progress status will result in the loss of all federal, state, and 澳门永利娱乐场 aid, including grants, scholarships, loans, and work-study employment, until the student has met required guidelines and returns to an ELIGIBLE status.
Students who do not meet the minimum SAP requirements for continuance of financial aid have the right to appeal when special circumstances exist. Conditions when a student may appeal include:
- If you or an immediate family member experiences a serious injury, illness or mental health condition, please attach a statement from your physician or mental health professional, reflecting date(s) of occurrence/treatment.
- If you experienced the death of immediate family member, please attach a copy of the death certificate, paper obituary/link to online obituary, or statement from physician.
- If you experienced other circumstances beyond your control, please attach documentation that supports the situation.
Students will receive communication from the 澳门永利娱乐场 学生金融服务团队 regarding their INELIGIBLE status and will be advised of the requirements needed to file an appeal. If an ineligible student does not appeal, reinstatement for financial aid consideration will only occur once the student meets all of the SAP requirements. In addition, students must submit all requested documentation.
Approved Appeals/Financial Aid Probation
If an appeal is approved, financial aid will be reinstated for the following term and the student will be placed on PROBATIONARY status for that term. The student will be required to successfully complete (with passing grades) all courses attempted for that term. Successful completion of all classes (with passing grades) will allow a student to return to an ELIGIBLE status for financial aid. Failure to meet these requirements will automatically place a student back to INELIGIBLE status.
Students whose appeals are denied are ineligible for financial aid. The student may enroll in coursework but will be responsible for payment in full of all incurred costs. Written denial notification will be sent to the student’s campus email account. Students may wish to explore private/alternative education loan; however, please note that some private loan lenders require SAP for participation in their loan program. Be sure you are selecting a lender that does not require SAP (SAP denied students are not eligible to receive a PLUS loan).
Re-Establishing Financial Aid Eligibility
A student may regain financial aid eligibility by successfully meeting the University’s SAP policy requirements or successfully meeting the requirements of the established academic plan. Students must notify the office in writing of their intent to use financial aid again.
Please note: Parents must have created a user account.
- Orientation Presentation — The same Student Financial Services and Financial Aid presentation you saw at orientation — here for your reference.
- Do you have questions about the FAFSA application? The Department of Education’s HOMEROOM website is a great resource.
- The Federal Student Aid Ombudsman of the Department of Education helps resolve disputes and solve other problems with federal student loans. Please do not hesitate to contact them should you feel they can be of assistance.
- Phone: 1-877-557-2575
- Fax: 1-606-396-4821
FSA Ombudsman Group
P.O. Box 1843
Monticello, KY 42633
澳门永利娱乐场 in accordance with Federal and State laws and regulations, does not discriminate on the basis of race, color, religion, national origin, sex, age veteran’s status, sexual preference or handicap in admission or access to, treatment of or employment in its programs or activities. Inquiries regarding this policy should be made to the Vice President for Enrollment Management and Student Affairs, 澳门永利娱乐场 State University, 澳门永利娱乐场 NH 03264 or Office for Civil Rights, Washington DC 20201.
Orientation Presentation — The same Student Financial Services presentation you saw at orientation .
Family Access — Because of federal regulations, without your authorization we are not allowed to discuss specifics of your bill with anyone except the student (even to say how much is due). Family Access is a quick and easy way for you to grant us permission to discuss your bill with others, and allow family members to set up their own my澳门永利娱乐场 account to view your online bill as well as any other areas you have granted them access to.
We understand that these are difficult and stressful times as we are all experiencing challenges like never before. 澳门永利娱乐场 Student Financial Services wants to assist you in any way that we can. Here are a few things to know in regards to requesting additional financial assistance:
There are two different types of appeals for additional funding: Professional Judgments and Additional Resources.
1. Professional Judgement appeals are for special circumstances that impacts the information that is directly reported to the FAFSA which is used to determine financial aid eligibility. These circumstances include, but are not limited to, loss of job, change in income, a change in the number in the household or college, and death of a parent that was reported on the FAFSA. If your family has experienced one of the above situations and it was not already taken into account on the FAFSA information, you may be eligible to submit documentation to have your aid eligibility reviewed. The information on the 2023-2024 FAFSA is looking at your 2021 federal tax information. If your current income will be significantly different from what was reported, it may make a difference.
- *The change would need to make a significant decrease to the Expected Family Contribution (EFC) that is calculated by the FAFSA information, to identify any additional federal or university financial aid.
- *Part of this review process is to verify the original data reported, so if this information was inaccurately reported, there is a chance that the EFC could be increased, therefore leading to a decrease in eligibility for financial aid.
- *We will not review for loss of job until a minimum of 10 weeks have passed since the last date of employment.
2. Additional Resources is a request to ask for additional assistance to pay your tuition bill with 澳门永利娱乐场. These types of appeals are outside of the FAFSA information and should only be used as a last resort when all other options are exhausted. To be considered for this type of assistance, a parent must have applied for and been denied the Federal Parent PLUS loan, as well as the student and/or parent be unable to secure a private educational loan. The application to request additional resources for the 2023-2024 can be found on our Financial Aid Forms page.
Please contact Student Financial Services if you feel that you meet the requirements for either type of appeal or would like more information.