1. Financial Planning
Orientation 2015
Presenters:
Raymond Bourdeau, University Bursar
Gina Costa, Assistant Bursar
Diana M. Draper, Director of Financial Aid
Patrick McKiernan, General Manager, Fairfield University bookstores
Jason C. Victor, Help Desk Manager
John Paul Benedetti, Help Desk Coordinator
2. Today’s Agenda
Welcome Class of 2019!
Introductions
Office of the Bursar
Financial Aid
Textbooks, Supplies & University Gear
Information Technology Help Desk (ITS4U)
Q & A
4. Fall Semester Bill
Detailed Breakdown
Tuition (per semester) $22,125
General University Fee $ 625
Orientation Fee $ 230
Tuition Deposit $ <200>
Health Insurance $ 1,590**
* Fee removed once waiver is completed
If living ON campus
Room (per semester) $ 4,140
Note: Room deposit credited at end of residency
Meal Plan (per semester) $ 2,620
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
$2,620
$3,170
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
Last day for receipt of enrollment or contract
increases in monthly payment plan
AUGUST 1
Final date to originate Direct/PLUS Loans SEPTEMBER 21
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 2014-2015, the Monthly Tuition Payment Plan
was utilized by 655 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 $44,250
Room & Board (if applicable) $13,520
Total Expenses (A) $57,770
Note: Do not include the General University Fee, books or personal expenses in
Monthly Plan.
Full Year Deductions
Scholarships/Grants $17,000
Loans $ 5,500
Direct Payments to School/Other $ 5,270
Total Deductions (B) $27,770
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. Superior Customer Service
Friendly, knowledgeable
Tuition Payment Plan
Specialists are available
during convenient hours:
Monday – Friday
8:00am - 9:00pm ET
Information
(800) 635–0120
Questions &
Adjustments
(800) 556-6684
After account has
been established
17. 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
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
Students and Parents (for PLUS loans)
will need to obtain an FSA ID if you
have not done so already.
22. Federal Loans
Federal Perkins Loan Borrowers
• A letter will be mailed to students in July
from the FAO with program information.
• Loan documents will be completed online.
• There is a FIRM deadline by which all
recipients of the Perkins loan must have
their FA file and loan documents completed
and the loan disbursed to their student
account -
September 23, 2015!
23. Other Financing
DIRECT PLUS LOAN ALTERNATIVE LOANS
For parents only For students & co-signer
Fixed rate 6.84% Variable rates & interest accrues
Origination Fee 4.292% if
disbursed prior to Oct 1.
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. 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 to
avoid late fees
SEPTEMBER 23
- Sibling Enrollment Form
- Final date for fall semester extension of receipt
of Direct/PLUS Loan proceeds
*Late fee assessed after this date
SEPTEMBER 30
25. FIRST YEAR TIMELINE &EXPECTATIONS
Financial Aid Event Time Frame
Last date to process fall financial aid DECEMBER 11
Spring federal aid disbursement JANUARY 19
2016-2017 Financial Aid application due date –
NO exceptions!
APRIL 15
Last date to process spring financial aid MAY 6
SAP Review for 16-17 aid renewal (federal and
merit) – Notice of cancellation mailed/emailed
to students.
Week of:
May 30
2016-2017 Award Letters released via email
Week of:
June 6
Aid cancellation appeal deadline –
NO exceptions!
JULY 1
26. 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)
&
27. 2016-2017 APPLICATION DEADLINES
FAFSA
Free Application for
Federal Student Aid
www.fafsa.gov
*APRIL 15, 2016 *
CSS Profile
College Scholarship
Search Profile
www.collegeboard.org
* APRIL 15, 2016 *
28. Financial Aid Office
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
Web www.fairfield.edu
Summer Hours: 8:00 am – 4:30 pm Monday - Thursday
8:00 am – 12:00 noon Friday
Regular Hours: 8:30 am – 4:30 pm Monday - Friday
29. University Apparel & Gifts
School Supplies
Computer & Phone Accessories
Health & Beauty Items
Dorm Supplies
Coming this fall:
Stags On The Run Convenience 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!
30. 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 65%)!
• Less risk due to upfront savings .
Digital Textbooks
•Interactive.
•Better for the environment.
•On average 45-65% of new list price.
.
Textbook Options
31. Textbook Rental
Savings of up to 65% compared to new list price
Shop in-store 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
32. 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”
33. 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
Graduate School Exams
GRE, GMAT, LSAT, MCAT, NCLEX, etc.
Nursing Study Guides
Language Reference Materials
34. GENERAL MERCHANDISE
OFFICIAL Fairfield GEAR
Apparel
Hats & Accessories
Nike & Underarmour Gear
SCHOOL SUPPLIES
Full line of school supplies
Calendars and planners
Clickers & Lab Materials
ACCESSORIES
Vera Bradley
Kate Spade
Lily Pulitzer
Bliss Cosmetics
Butter London
E.L.F. Cosmetics
iPhone & iPad accessories
Headphones
Computer accessories
OFFICIAL Fairfield GIFTS
License Plate Frames & Car Decals
Glassware & Travel Mugs
Moleskine Journals
Stuffed Animals
Blankets
Flags & Banners
Phone Cases
Keychains & Lanyards
And more!
CAMPUS LIVING
Dorm room essentials
Greeting cards
Mailing envelopes
FedEx Shipping Services
OFFICIAL
STARBUCKS CAFE
41. Maintenance
•Network registration
assistance for all
devices
•Data backups and
data transfers
Repair
Remediation
•Network connectivity
issues
•Troubleshooting and
repair for student
computers
•Virus and malware
remediation
Information
•Hardware/Software
purchase assistance
•HP and Apple
computer discounts
and warranty services
•wēpa wireless printing
kiosks
What We Do
ITS
Services Provided by the ITS4U Help Desk
42. How to Contact Us
Info
Fair (203) 254-4069
ITSHelpDesk@Fairfield.eduBCC Oak Room Tomorrow
ITS
46. 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*
ITS
*AppleCare Terms & Conditions
47. Buying A Computer:
Apple Care Alternatives
ITS
National Student
Services, Inc.
Safeware.com NSSI.com
48. Buying A Computer:
HP Care Pack
ITS
3 or 4 Year Coverage
Manufacturing Defect
Accidental Damage
HP will ship Parts and/or
Technician
49. How to Contact Us
Info
Fair
(203) 254-4069
ITSHelpDesk@Fairfield.edu
BCC Oak Room: Tomorrow
ITS
