Financial Aid

1. Financial Aid Dawn Mazzola Assistant Director of Financial Aid 900 Viterbo Drive La Crosse, WI 54601 (608) 796-3904 1-800-848-3726 dmmazzola@viterbo.edu

2. FAFSA Filing Status Have Filed & Have Financial Aid Offer =  Have Filed & No Offer = Missing Documents (refer to Missing Information letter or contact Financial Aid for details) Have Not Filed = See Financial Aid (contact Financial Aid if you intend to file and have questions)

3. Award Letter Indicates all merit, talent and need-based eligibility (grants, scholarships, loans, work-study) based on FAFSA results Delivered via Viterbo email/VitNet account Complete the cost estimate worksheet (link in notification email) to find out of pocket cost $30070 = tuition, fees, room (MH/Bonaventure) & board (19 meals) − student financial aid (do not include work-study) ____________ Out of Pocket Cost (not including books)

4. Parent PLUS Loan Request Form Used to authorize school certification of Parent PLUS Loan PLUS = Parent Loan Approval based on borrower credit Repayment of P&I begins immediately Student eligible for additional Unsub if PLUS is denied Mailed to family upon acceptance of PLUS Loan. OR Link in Award Notification Email Complete and return to FA Office ASAP

5. Master Promissory Notes Must be completed for Federal Direct Sub/Unsub (student ) Loans and Federal Direct PLUS (parent) Loans Instructions are mailed upon acceptance of loans OR Link in Award Notification email Forms are completed online at www.studentloans.gov using FAFSA pin

6. Entrance Counseling Must be completed prior to disbursement of student’s first Federal Loan Includes information on Borrower’s Rights and Responsibilities Instructions sent after acceptance of student loans OR Link in Award Notification email Completed online at www.studentloans.gov School is notified via email upon completion

7. Perkins/Nursing Loans Awarded based on financial need and fund availability School acts as lender MPN will be mailed to student upon acceptance of the loan Complete MPN and return to FA Office

8. Work-Study • Will appear on Award Letter IF student is eligible AND FAFSA was filed by March 15 priority deadline Late filers are automatically placed on a waiting list. • Complete I9 and W4 Forms as requested • Students seek out positions beginning first day of classes • Students receive payment on 6th and 21st of the month (direct deposit or check) Earnings do NOT appear as credits on student account Can be used by student for personal expenses or as a payment PLEASE DISCUSS THIS!!!!

9. Alternative Loans • Private, Educational Loans that can be used in lieu of the Parent Loan Student is borrower Co-signer usually required Approval based on borrower and co-signer credit • Loan rates, terms and conditions vary from lender to lender since these are NOT Federal Loans • Research before applying using link on the Financial Aid webpage

10. Other Information • Special Circumstances Contact FA Office with any changes to initial FAFSA information Loss of Income (job status, child support, etc…) Recent Death or Divorce Medical/Dental Expenses Other situations beyond your control • VA Benefits? See Dawn to discuss paperwork/certification • Summer School Apps available February 1, 2013 • March 15, 2013 is Priority Date for 2013-2014 FAFSA

11. Questions?

12. BUSINESS OFFICEPayment Policy and Billing Process Kevin Ganther Director of Student Billing 900 Viterbo Drive La Crosse, WI 54601 608-796-3850 kaganther@viterbo.edu www.viterbo.edu

13. Estimated billing process occurs approximately one month before the start of the semester • Confirm enrollment no later than the third day of the semester • Interest is calculated at 1.25% per month – to avoid interest charges, account balance must be paid in full by October 31 for fall semester, February 28 for spring, and June 30 for summer All billing activity can be found on the student account – tuition, fees, housing/meal plan, payments, deposits, and financial aid • Balance is due by the final day of the semester – must be paid in full to be allowed to participate in future semesters

14. Enrollment Confirmation To confirm enrollment, a student must pay a $500 deposit toward the semester’s tuition or verify with the Business Office that his/her financial aid package has been finalized and will cover all of the charges billed to the student account for the semester. Viterbo University requires all students to confirm enrollment by contacting the Business Office at the start of each semester.

15. Enrollment Confirmation Why confirming enrollment is important: Your attendance will not be officially recognized by Viterbo University until you have confirmed enrollment Confirming verifies that you intend to be on campus and participate in classes Refund checks for excess financial aid (if applicable) will not be processed until confirmed Only students that have confirmed will be allowed to charge textbooks to their account

16. Online Billing • Viterbo does not mail billing information to a student’s permanent address • Billing statement accessible through VitNet – email reminders will be sent when bills are first processed each semester and at the beginning of every month thereafter during the term to those students that still have a balance due • Parent access – discuss with your family! • Review sample statement in handout

17. Sample Correspondence STUDENT INFORMATION LETTER Letter includes multiple pages and will be sent as an attachment to the email notice sent upon completion of our estimated billing process Identifies Business Office and Financial Aid policies and deadlines for the semester Also includes directions for logging on to email and VitNet accounts, Student ID and door card information, and bookstore charging details.

18. Sample Correspondence TUITION AND FEE SCHEDULE Schedule covers the period between fall and summer semesters, and any tuition/fee changes become effective starting the following fall semester

19. Sample Correspondence REFUND SCHEDULE Refer to this schedule when withdrawing from a course to identify how much of a tuition refund you are eligible to receive The Fall/Spring refund schedule differs from the Summer refund schedule

20. Tuition & Housing Deposits Deposits are $100 each and the purpose is to reserve a student’s place at Viterbo for his/her first semester Funds will be applied to student account prior to the start of the semester

21. Accounts Receivable Education Loan Agreement and Disclosure Statement Please do not confuse with Master Promissory Notes related to Financial Aid Serves as a payment contract between Viterbo and the student – agree to pay for the tuition and fees billed to the account Acts as a disclosure statement as mandated by the Truth-in-Lending Act. Required for all students - must be completed and returned to the Business Office

22. Important Dates Fall 2012 August 27 – First day of classes August 29 – Last day to confirm enrollment September 7 – First day for refund checks to be issued October 31 – Last day to pay account in full to avoid interest charges December 14 – Last day to have account, including interest, paid in full (final day of semester)

23. Questions?