Financing A Fairfield Education - June 2016

1. Financing a Fairfield Education
Orientation 2016
Presenters:
Raymond Bourdeau, University Bursar
Diana M. Draper, Director of Financial Aid
Janet Chou, Manager, Fairfield University Bookstore
Jason C. Victor, Help Desk Manager
John Paul Benedetti, Help Desk Coordinator

2. Today’s Agenda
 Welcome Class of 2020!
 Introductions
 Office of the Bursar
 Financial Aid
 Textbooks, Supplies & University Gear
 Information Technology Help Desk (ITS4U)
 Q & A

3. Office of the
Bursar
Raymond Bourdeau
University Bursar
Email bursar@fairfield.edu
www.fairfield.edu/bursar

4. Fall Semester Bill
• Detailed Breakdown
– Tuition (per semester) $22,675
– General University Fee $ 650
– Orientation Fee $ 280
– Tuition Deposit $ <200>
– Health Insurance $ 2,030**
* Fee removed once waiver is completed
• If living ON campus
– Room (per semester) $ 4,245
• Note: Room deposit credited at end of residency
– Meal Plan (per semester) $ 2,685

5. Meal Plan
Plan Options
– 14 meals per week plus
• 100 Dining Dollars per
semester (BASE
PLAN)
– Unlimited meals per
week plus
• 200 Dining Dollars per
semester
Rate Per Semester
• $2,685
• $3,250

6. Billing Statements
• ALL billing statements are electronic
• Bills are generated on a semester basis
• VERY IMPORTANT! STUDENT SHOULD create parent
and/or guardian as an Authorized User in the Online
Billing and Payment system
• Student and Authorized Users receive notification via
email that a billing statement has been generated
• Student accesses bill via my.Fairfield.edu to
Online Billing and Payment site; Authorized Users access
bill via URL in email

7. Online Billing and Payment Site
Allows Student and Authorized User to access
the site 24x7 to:
• Review the billing statements
• View account activity
• Make payments online via e-check & on
time

8. Important Dates
Action Deadline
Fall semester billing generated 1st week of JULY
Fall semester payment due
Last day for receipt of enrollment or contract increases in
monthly payment plan
AUGUST 1
Final date for Fall semester extension of receipt of
Direct/PLUS Loan proceeds
*Late fee assessed after this date
SEPTEMBER 30

9. Higher One & Fairfield University
There IS an easier
way to make tuition payments…
The Monthly Tuition Payment
Plan

10. Monthly Tuition Payment Plan
• Flexible alternative to traditional lump-sum
payments at the start of semester
• Allows you pay the total cost of tuition, room
and board in 10 equal monthly installments
• Families find smaller payments easier to
manage

11. Monthly Tuition Payment Plan
• This plan is NOT a loan!
• $55 application fee
• NO interest charges!
• Reduces or eliminates
borrowing
• Families pay out of
current income or
savings
• May be used on a
stand-alone basis
• May be used as a
supplement to:
- Loans
- Financial aid
• Monthly statement:
- Acts as a reminder
- Shows payments &
balance

12. Monthly Tuition Payment Plan
• In 2015-2016, the Monthly Tuition Payment Plan
was utilized by 709 Fairfield families to pay for
tuition, room and board!
• Your funds are:
– Protected in a Federally Insured Account
– Funds are sent monthly to the University

13. Tuition Payment Plan Enrollment
• Determine the amount you will pay
through the Monthly Plan
• Complete the enrollment form online
https://tuitionpaymentplan.com
• Higher One will notify Fairfield University
of your participation in the Monthly Plan

14. Determining Your Plan Amount
Full Year Expenses
Tuition $45,350
Room & Board (if applicable) $13,860
Total Expenses (A) $59,210
Note: Do not include the General University Fee, books or personal expenses in
Monthly Plan.
Full Year Deductions
Scholarships/Grants $18,000
Loans $ 5,500
Direct Payments to School/Other $ 5,710
Total Deductions (B) $29,210
Amount of Monthly Plan (A minus B)=(C) $30,000
Monthly Payment $ 3,000

15. Plan Enrollment Terms
• Monthly Plan Terms:
• BEGINS JUNE 1st
• ENDS MARCH 1st
• On-line enrollment
will be accepted
through AUGUST 1st
• If you enroll AFTER June
1st, you must include
payment for all missed
monthly payments

16. Tuition Payment Plan
Superior Customer Service
Friendly, knowledgeable
Tuition Payment Plan
Specialists are available
during convenient hours:
Monday – Friday
8:00am - 9:00pm EST
• Information
• (800) 635–0120
• Questions &
Adjustments
• (800) 556-6684
• After account has
been established

17. Tuition Payment Plan
Superior Customer Service
Sign Up Today!
https://tuitionpaymentplan.com
• Online enrollment with E-Check
• Tuition Planner – worksheets guide you
through payment plan process
• Manage Your Account – online access to
current account information, online bill
payment, online statements

18. Diana M. Draper
Director of Financial Aid

19. Financial Aid & Your Bill
• Approved University aid disburses in JULY
• Federal and State aid will appear as a “MEMO”
(pending approval)
• Deduct “MEMO” items from balance due
• State grants will disburse during the Fall
semester
• Federal Work-Study does NOT disburse to the
student’s account

20. Financial Aid & Your Bill
• If you do NOT see University aid or MEMO items on
your bill:
• Offer of aid has NOT been accepted by student
• Required documents have NOT been
submitted to confirm aid award
• File review is still in process
* All offered aid is ESTIMATED until you
are notified by the Office of Financial Aid of
a final award.

21. Federal Loans
Direct Loan Borrowers MUST complete:
• Entrance Counseling
• Master Promissory Note
www.studentloans.gov
(have your FSA ID & password ready!)

22. Federal Loans
Direct Subsidized Direct Unsubsidized
For students only For students only
Fixed rate of 3.76% (Does not accrue interest
while in school)
Fixed rate of 3.76%
Origination fee:
• 1.068% if the 1st disbursement occurs
before 10/1/16
• 1.069% if the 1st disbursement occurs on
or after 10/1/16 and before 10/1/17
Origination fee:
• 1.068% if the 1st disbursement occurs
before 10/1/16
• 1.069% if the 1st disbursement occurs on
or after 10/1/16 and before 10/1/17
Payments are deferred Payments are deferred
Repayment options vary Repayment options vary
Reapply each year! Reapply each year!
More details:
www.fairfield.edu/loans
More details:
www.fairfield.edu/loans

23. Other Financing
DIRECT PLUS LOAN ALTERNATIVE LOANS
For parents only For students & co-signer
Fixed rate 6.31% Variable rates & interest accrues
Origination fee:
• 4.272% if the 1st disbursement occurs
before 10/1/16
• 4.276 if the 1st disbursement occurs on
or after 10/1/16 and before 10/1/17
Fixed rates & monthly payments
Monthly or deferred payments Low or no fees
Repayment options vary Repayment options vary
Reapply each year! Reapply each year!
More details:
www.fairfield.edu/loans
More details:
www.elmselect.com

24. Renewal of Financial Aid Awards
The Office of Financial Aid will renew your financial aid every academic year providing you have met
all of the following conditions:
1. You have applied and met all of the filing deadlines*
2. You have met the required cumulative grade point average for any scholarship awarded
3. You continue to demonstrate sufficient financial need for all need based aid
4. You maintain Satisfactory Academic Progress Standards** AND
5. You are enrolled full-time every semester for no more than a total of eight consecutive semesters.
Due to federal regulations, we must monitor a student’s progress towards degree completion. Both Grade Point
Average (GPA) and the Pace of Enrollment are considered in calculating SAP.**
2017-2018 FAFSA is available on OCTOBER 1, 2016!!!
Filing Dates* Status Impact on University Grant Aid
January 1 – April 15, 2017 On time
100% eligibility for University
aid, need-based
April 16 – July 1, 2017 Late!
University aid awarded as funds
permit, on a first-come, first-served
basis
July2,2017 andLater No longer qualify! Zero eligibility for University aid

25. DEADLINES & AID CANCELLATION
Financial Aid Requirement(s) Deadline
- Direct Loan Entrance Counseling
- Master Promissory Note
- Federal Work-Study Employment forms
JULY 1
- Verification documents (selected students) AUGUST 1
- Final date to originate Direct/PLUS Loans SEPTEMBER 21
- Sibling Enrollment Form
- Final date for Fall semester extension of receipt of
Direct/PLUS Loan proceeds
*Late fee assessed after this date
SEPTEMBER 30

26. FIRST YEAR TIMELINE &EXPECTATIONS
Financial Aid Event Time Frame
Last date to process fall financial aid DECEMBER 9
Spring federal aid disbursement JANUARY 17
2017-2018 Financial Aid applications (FAFSA & CSS Profile)
due date – NO exceptions!
APRIL 15
Last date to process spring financial aid MAY 2
SAP Review for 17-18 aid renewal (federal and merit) –
Notice of cancellation mailed/emailed to students.
Week of:
June 5
2017-2018 Award Letters released via email
Week of:
June 5
Aid cancellation appeal deadline –
NO exceptions!
JULY 14

27. Outside Scholarships
• Checks should be mailed to the Office of the Bursar
with student name and ID#
• Depending on the amount received, federal and state
aid may be adjusted
• University need-based aid may be adjusted
• Scholarship Info Board in the Office of Financial Aid!
• Like us! https://www.facebook.com/FairfieldUFinaid

28. Office of Financial Aid correspondence
will ONLY be to STUDENTS via
– University Email
– https://my.fairfield.edu
• NO paper letters mailed (exceptions for appeals,
special circumstances & request from student)
&

29. www.fairfield.edu/myfinaid

30. Office of Financial Aid
Aloysius P. Kelley, S.J. Center
1073 North Benson Road
Fairfield, CT 06824
Phone (203) 254-4125
Email finaid@fairfield.edu
www.fairfield.edu/finaid

31. UniversityApparel& Gifts
School Supplies
Computer& Phone Accessories
Health&Beauty Items
DormSupplies
StagsOnThe RunConvenience Store
The Fairfield
University Bookstore &
Starbucks Café!
1499Post RoadFairfield,CT
DowntownFairfield
The Stag Spirit Shop
BaroneCampus Center,2nd Floor
Textbooks&CourseMaterials
Fulltradebookselection
…and so much more!

32.  New and Used
• Used books equal to a 25% savings.
• Are eligible for buy back .
 Textbook Rental
• Register online during checkout!
• Rent and save big (up to 80% off new)!
• Less risk due to upfront savings .
 Digital Textbooks
• Interactive.
• Better for the environment.
• On average 45-65% of new list price.
.
Textbook Options

33. Textbook Rental
Savings of up to 80% compared to new list price
Shop in-store now or online
 Allows students to chose a preferred form of
payment, including their Stag Card
 Allows students the freedom to highlight and take
notes all within the normal wear and tear associated
with coursework

34. Price Match
 Fantastic new savings program
 Will match Amazon, Barnes & Noble and Chegg
 Can match printed or mobile for like items in
stock within seven days of purchase
 Price Match placed on store card allowing
future purchase for anything in the store

35. Buyback Information
We communicate with the faculty on their textbook needs
and then buy as many used books as possible to save our
students money.
TEXTBOOK BUYBACK AVAILABLE ALL YEAR
Up to 50% of initial purchase price!
Cash!
CONVENIENCE
Available at both store locations
during buyback periods at the end
of the semester
“ The Right Book At The
Right Price”

36. TRADE & REFERENCE BOOKS
GENERAL READING BOOKS
Fairfield University Faculty Authors
Huge Children’s Book Section
Bestsellers
Voted “Best Bookstore in Fairfield County”
QUICK STUDY GUIDES
 Available for most subjects.
Chemistry, Physics, Health, etc.
EXAM REFERENCES
 SAT & ACT Prep.
Graduate School Exams
GRE, GMAT, LSAT, etc.
Nursing Study Guides

37. GENERAL MERCHANDISE
OFFICIAL Fairfield GEAR
SCHOOL SUPPLIES
 Full line of school supplies
 Calendars and planners
 Blue Books & Clickers
CONVENIENCE
 Snacks & Drinks
 Health/Beauty Aid Products
 Personal Need Items
ACCESSORIES
 Kate Spade & Lily Pulitzer
 Go-Pro and Fit Bits
 iPhone & iPad accessories
 Headphones and computer
accessories
OFFICIAL Fairfield GIFTS
 License Plate Frames & Car Decals
 Glassware & Travel Mugs
 Stuffed Animals
 Blankets
 Flags & Banners
 Phone Cases
 Keychains & Lanyards
 And more!
CAMPUS LIVING
 Dorm room essentials
 Greeting cards & balloons
 Mailing envelopes and FedEx
Shipping Services
STARBUCKS CAFE

38. OFFICIAL FAIRFIELD UNIVERSITY GEAR

39. ADDITIONAL SERVICES
Student Employment
 Flexible work hours
 Apply online or in-store
 Discounts include…
10% OFF Textbooks
25% OFF
Merchandise
Apply online at www.follett.com/careers
Bookstore Gift Cards
Graduation Essentials
Cap & Gown
Announcements
 Class Rings
FedEx Shipping Services
Fax Service

40. www.fairfieldbookstore.com
For more information check out:

41. Information Technology Services

42. Information Technology Services
• Who Are We/What We Do
• How/When To Contact Us
• Buying A Computer
• Things to Know

43. What We Do
Support
• Network registration
assistance for all
devices
• Data backups and
data transfers
• Computer
performance
evaluations
Repair Remediation
• Network
connectivity issues
• Troubleshooting and
hardware evaluation
for student
computers
• Virus and malware
remediation
Information
• Hardware/Software
purchase assistance
• HP and Apple
computer discounts
and warranty
services
• wēpa wireless
printing kiosks
4U

44. How to Contact Us
Info
Fair (203) 254-4069
ITSHelpDesk@Fairfield.eduBCC Oak Room Tomorrow

45. Printer/Printing

46. Printer/Printing

47. Buying A Computer
www.fairfield.edu/BuyAComputer

48. Buying A Computer:
Department Preferences
Windows
Engineering
Business
Mac
Media
Center

49. Buying A Computer: Insurance

50. Buying A Computer: Accidents
• Apple Care – 3 Year
– Manufacturers Coverage
– NOT Covered:
• accident, abuse, misuse, liquid
contact, fire, earthquake or other
external cause*
• Cosmetic damage to the Covered
Equipment including but not limited
to scratches, dents and broken plastic
on ports*
*AppleCare Terms & Conditions

51. Buying A Computer:
Apple Care Alternatives
National Student
Services, Inc.
College Student
Insurance
NSSI.com

52. Buying A Computer:
HP Care Pack
Full Four (4) Year Coverage
Manufacturing Defect
Accidental Damage
HP Provides Parts/Technician

53. Get productive with Surface Pro 4

54. Don’t Buy Microsoft Office!
Install on up to 5 compatible PCs
and Macs, including mobile devices
Office 365 ProPlus almost $600 Value
Available Prior to Semester - Notification

55. Word Excel Power
Point
One
Note
One
Drive

56. How to Contact Us
Info
Fair
(203) 254-4069
ITSHelpDesk@Fairfield.edu
BCC Oak Room: Tomorrow
ITS