Financial Resources Guide - Saybrook University

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CONTINUING STUDENTS SAYBROOK UNIVERSITY FINANCIAL RESOURCE GUIDE FINANCIAL AID ACTION FALL 2012 SPRING 2013 1 Complete renewal FAFSA 2 3 4 5 6 Respond to any questions and supply any missing documents required to complete your FAFSA. SAR (Student Aid Report) identifying your EFC (Expected Family Contribution) and level of federal financial aid for which you qualify completed by federal government and sent to you and Saybrook University Financial Aid office within 72 business hours. Apply for Saybrook University and/or specific College scholarships Apply for Saybrook University tuition assistance When the FA office is informed you have been admitted AND has received your validated SAR (reflecting complete and verified information from your FAFSA), the FA office will send you your award letter. The award letter details all of the financial aid for which you qualify and identifies all of the additional actions you need to take to receive your loans. The amount of your total financial aid award package is determined by the COA of your program and your EFC. Please note that the actual award may be lower than the qualifying amount. AS EARLY AS POSSIBLE BUT NO LATER THAN 90 DAYS BEFORE THE START OF YOUR SEMESTER OR WHICHEVER IS EARLIER. AS EARLY AS POSSIBLE BUT NO LATER THAN 90 DAYS BEFORE THE START OF YOUR SEMESTER OR WHICHEVER IS EARLIER. SUMMER 2013 (MBM ONLY) AS EARLY AS POSSIBLE BUT NO LATER THAN 90 DAYS BEFORE THE START OF YOUR SEMESTER OR WHICHEVER IS EARLIER. AS EARLY AS POSSIBLE AS EARLY AS POSSIBLE AS EARLY AS POSSIBLE BY DEADLINE INDICATED FOR EACH CONTINUING STUDENT SCHOLARSHIP ON THE SAYBROOK WEBSITE TBA BY DEADLINE INDICATED FOR EACH CONTINUING STUDENT SCHOLARSHIP ON THE SAYBROOK WEBSITE BY DEADLINE INDICATED FOR EACH CONTINUING STUDENT SCHOLARSHIP ON THE SAYBROOK WEBSITE JUL 31, 2012 OCT 15, 2012 APR 15, 2013 7 Accept and decline any part of your financial aid award and return this form to the FA office by the designated deadline. AS EARLY AS POSSIBLE AFTER RECEIVING YOUR FINANCIAL AID AWARD LETTER AND BEFORE YOU FILL OUT YOUR TPOA. NO LATER THAN JUL 31, 2012 FOR FALL ENROLLMENT IN ORDER TO ENSURE TIMELY DISTRIBUTION OF ANY FINANCIAL AID REFUNDS. AS EARLY AS POSSIBLE AFTER RECEIVING YOUR FINANCIAL AID AWARD LETTER AND BEFORE YOU FILL OUT YOUR TPOA. NO LATER THAN DEC 20, 2012 FOR SPRING ENROLLMENT IN ORDER TO ENSURE TIMELY DISTRIBUTION OF ANY FINANCIAL AID REFUNDS. AS EARLY AS POSSIBLE AFTER RECEIVING YOUR FINANCIAL AID AWARD LETTER AND BEFORE YOU FILL OUT YOUR TPOA. NO LATER THAN APR 15, 2012 FOR SUMMER ENROLLMENT IN ORDER TO ENSURE TIMELY DISTRIBUTION OF ANY FINANCIAL AID REFUNDS. 8 Complete, sign, and submit all supplementary loan applications and related documentation as identified in your award letter. AS EARLY AS POSSIBLE AS EARLY AS POSSIBLE AS EARLY AS POSSIBLE 9 Complete FA online loan counseling session. AS EARLY AS POSSIBLE AS EARLY AS POSSIBLE AS EARLY AS POSSIBLE 10 Complete, sign, and submit master promissory note. If you are a new borrower or it has been more than 10 years since you signed your last one. AS EARLY AS POSSIBLE AS EARLY AS POSSIBLE AS EARLY AS POSSIBLE 8 11 Complete, sign, and submit master promissory note. Borrowers only need to sign the MPN once. Your MPN is valid for 10 years. AS EARLY AS POSSIBLE AS EARLY AS POSSIBLE AS EARLY AS POSSIBLE
CONTINUING STUDENTS SECTION I COURSE REGISTRATION ACTION FALL 2012 SPRING 2013 SUMMER 2013 (MBM ONLY) 1 Register for coursework. LIOS STUDENTS ARE REGISTERED BY COLLEGE STAFF. MBM STUDENTS MUST DISCUSS REGISTRATION WITH MENTOR BEFORE JUNE 10, 2012. MENTOR WILL REGISTER STUDENTS FOR COURSEWORK. PHS STUDENTS MUST REGISTER THEMSELVES. PHS REGISTRATION DATES ARE JUL 15 - SEP 7, 2012. LIOS STUDENTS ARE REGISTERED BY COLLEGE STAFF. MBM STUDENTS MUST DISCUSS REGISTRATION WITH MENTOR BEFORE NOV 1, 2012. MENTOR WILL REGISTER STUDENTS FOR COURSEWORK. PHS STUDENTS MUST REGISTER THEMSELVES. PHS REGISTRATION DATES ARE NOV 28, 2012 - JAN 25, 2013. MBM STUDENTS MUST DISCUSS REGISTRATION WITH MENTOR BEFORE MAR 15, 2013. MENTOR WILL REGISTER STUDENTS FOR COURSEWORK. 2 Add courses. LIOS NO LATER THAN SEPT 19, 2012 MBM NO LATER THAN: TERM A: AUG 17, 2012 TERM B: OCT 19, 2012 PHS NO LATER THAN SEPT 7, 2012 LIOS NO LATER THAN MARCH 13, 2013 MBM NO LATER THAN: TERM A: JAN 18, 2013 TERM B: MAR 22, 2013 PHS NO LATER THAN JAN 25, 2013 MBM NO LATER THAN TERM A: MAY 31, 2013 LIOS NO LATER THAN SEP 19, 2012 LIOS NO LATER THAN MAR 13, 2013 3 Drop courses. MBM NO LATER THAN: TERM A: AUG 24, 2012 TERM B: OCT 26, 2012 MBM NO LATER THAN: TERM A: JAN 25, 2013 TERM B: MAR 29, 2013 MBM NO LATER THAN TERM A: JUN 7, 2013 PHS NO LATER THAN OCT 19, 2012 PHS NO LATER THAN MAR 8, 2013 BILLING & PAYMENT ACTION FALL 2012 SPRING 2013 SUMMER 2013 (MBM ONLY) 1 Fill out the TPOA (Tuition Payment Option Agreement). You will need to indicate how you plan to pay the amount due, based on how much financial aid you expect to receive. LIOS JUL 11-AUG 15, 2012 MBM MAY 31-JUN 15, 2012 PHS JULY 13-AUG 25, 2012 LIOS JAN 4-FEB 7, 2013 MBM NOV 1-NOV 15, 2013 PHS NOV 15-JAN 12, 2013 MBM MAR 1-15, 2013 2 Pay tuition or any amount due not covered by your financial aid package by the tuition due date. LIOS SEP 5, 2012 MBM AUG 13, 2012 PHS AUG 25, 2012 LIOS FEB 27, 2013 MBM JAN 14, 2013 PHS JAN 12, 2013 MBM MAY 27, 2013 3 Student to receive loan refund, if applicable, from Saybrook’s Business Office. WITHIN 7-10 BUSINESS DAYS FROM DATE OF LOAN RECEIVED FROM LENDER. WITHIN 7-10 BUSINESS DAYS FROM DATE OF LOAN RECEIVED FROM LENDER. WITHIN 7-10 BUSINESS DAYS FROM DATE OF LOAN RECEIVED FROM LENDER. 4 1st payment reminder for tuition due. LIOS SEP 6, 2012 MBM AUG 14, 2012 PHS AUG 27, 2012 LIOS FEB 28, 2013 MBM JAN 15, 2013 PHS JAN 14, 2013 MBM MAY 28, 2013 5 2nd payment reminder for tuition due. Students are charged late fee of $50 and account placed on Admin. Hold until account balances are fully paid. LIOS SEP 13, 2012 MBM AUG 21, 2012 PHS SEP 3, 2012 LIOS MAR 7, 2013 MBM JAN 22, 2013 PHS JAN 21, 2013 MBM JUN 4, 2013 6 3rd payment reminder for tuition due. Students are submitted to Registrar for academic withdrawal on the day following these specified dates. LIOS SEP 20, 2012 MBM AUG 28, 2012 PHS SEP 10, 2012 LIOS MAR 14, 2013 MBM JAN 29, 2013 PHS JAN 28, 2013 MBM JUN 11, 2013 7 Student administratively withdrawn for non-payment of tuition. IMMEDIATELY AFTER 3RD PAYMENT REMINDER. IMMEDIATELY AFTER 3RD PAYMENT REMINDER. IMMEDIATELY AFTER 3RD PAYMENT REMINDER. 9
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