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Welcome to Student Finances
for Summer Orientation
Objectives
• What is NDSU One Stop
• Introduce Campus Connection
• Knowledge of Financial Aid Processes
• Understanding of Charges & Payments
• Navigating Financial Obstacles
NDSU One Stop
Location: Memorial Union
Cross-trained staff answer questions in
regards to the offices of:
– Customer Account Services
– Registration & Records
– Financial Aid & Scholarships
Student Center
Blackboard
TUITION & EXPENSES
Tuition – Full Time ESTIMATED
• Base tuition is assessed to all full-time students
• Standard credit load for a full-time student is 15 to
18 credit hours
Estimated
Undergraduate Rates
North
DakotaMinnesota
Contiguous,
WUE, MSEP
Non-
Resident
Base Tuition $7,132 $7,984 $10,696 $19,040
New Student Fee $120 $120 $120 $120
Student Fees $1,420 $1,420 $1,420 $1,420
Housing $4,060 $4,060 $4,060 $4,060
Meal Plan $4,526 $4,526 $4,526 $4,526
Books and Supplies $800 $800 $800 $800
Total $18,058 $18,910 $21,622 $29,966
Differential Tuition - Engineering
•Differential rates are also charged to:
Nursing
Architecture
Pharmacy
Business
(once student is accepted into respective program)
ESTIMATED
Engineering
Undergraduate Rates
North
DakotaMinnesota
Contiguous,
WUE, MSEP
Non-
Resident
Base Tuition $8,559 $9,499 $12,479 $21,663
New Student Fee $120 $120 $120 $120
Student Fees $1,420 $1,420 $1,420 $1,420
Housing $4,060 $4,060 $4,060 $4,060
Meal Plan $4,526 $4,526 $4,526 $4,526
Books and Supplies $800 $800 $800 $800
Total $19,485 $20,425 $23,405 $32,589
Distance and Continuing Education
• DCE courses are not
included in the base
tuition rate
• All DCE credits are billed
per credit at the ND
resident tuition rate
• Financial aid covers DCE
credits
• Location code = “Tuition
Not Capped”
Distance Continuing Education Example
• Jack (MN Resident) –
18 credits
– SOC 110: 3 credits
– PHIL101: 3 credits
– PSYC 111: 3 credits
– ENGL 120: 3 credits
– MATH 103: 3 credits
– BIOL 110: 3 credits
• Tuition Total: $ 9,060
• Jill (MN Resident) –
18 credits
– SOC 110: 3 credits
– PHIL101: 3 credits
– PSYC 111: 3 credits
– ENGL 120: 3 credits
– MATH 103: 3 credits
– BIOL 110: 3 credits
(ONLINE)
• Tuition Total: $9,981
ESTIMATED Student Fees
$ 52.18/credit
Activity Fee
Union Bond
Career Services
Technology Fee
Health/Wellness Fee
Library Fee
ND Student Association
ConnectND Fee
Tuition
Student Fees
Books
Housing
Meal Plan
Cost of Attendance (Financial Obligation to NDSU)
Student Responsibility
Federal Loans
Grants
Scholarships
Financial Aid and Student Responsibility
Financial Aid
Process for Receiving Financial Aid
• Fill out the FAFSA
• Accept/reduce/decline aid offered
– Mailed to students’ home address
• Notify Financial Aid & Scholarships of any
outside scholarships or aid
FAFSAAccept/Reduce
Award
Financial Aid Award Notice
Funds Authorization Statement
Process for Receiving Financial
Aid• Sign and submit Master Promissory Note(s)
(MPN)
– Funds WILL NOT be sent to NDSU if your
lender does not have a completed MPN.
• Direct Loans: www.studentloans.gov
• Perkins Loans: Campus Connection
• Private Loans: Individual Lenders
FAFSAAccept Award
MPN
Process for Receiving
Financial Aid• Complete Entrance Loan Counseling
– If not completed, federal loans WILL NOT
disburse to your account
• Direct Loans: www.studentloans.gov
• Perkins Loans: www.mappingyourfuture.org
FAFSAAccept Award
MPN ELC
Process for Receiving Financial
Aid• Disbursement of Financial Aid
– Complete Steps by August 1 to ensure
financial aid is disbursed on 09/05/2017, or
disbursement may be delayed
– Financial aid accepted in excess of NDSU
charges will be refunded to the student
FAFSAAccept Award
MPN ELCAid
Disburses
Verification• Verification is a Federal review process of
comparing your FAFSA & your income tax
return(s) information
• If selected for Verification, comply with all
requests made by Financial Aid &
Scholarships as soon as possible.
FAFSAAccept Award
MPN ELC VerificationAid
Disburses
Verification Notification
Private Loans
• Apply for private loans if federal aid is not
enough to cover your estimated costs
– All applications begin with the individual
lender(s) online
– Students may need a co-signer to complete
the loan application
Work Study
• Job board live July 1st
• Students have to apply for a job
– NDSU One Stop Website
• Money is earned up to the award amount,
NOT credited to student’s account in a
lump sum disbursement
Direct Deposit
• Refunds via direct deposit are received FASTER.
• No lost checks.
• No trips to the bank.
Financial Obligation Agreement
(FOA)
• FOA is an acknowledgement used to verify
that a student recognizes their financial
responsibility to the University when they
register for a course.
• Must complete before registration every
semester.
Payments
Payment MethodsAfter financial aid has been applied:
• In Person• Cash or check at NDSU One Stop
• Online (via Campus Connection)
• Electronic Funds Transfer (EFT) - FREE
• Credit Card – 2.75% fee
• Payment Plan Agreements• 3 monthly payments, enroll by due date
• Third Party Payers (e.g. military assistance)
Authorized User
Fall 2017 Dates and Deadlines
August 30th:• Last day to drop a regular session course at a 100% refund
• Last day to Withdraw to Zero Credits for 100% refund
DROP a Class-
MATH123
COMM198
BIOL101
ENGL155
PHYS154
WITHDRAW to Zero-
MATH123
COMM198
BIOL101
ENGL155
PHYS154
Fall 2017 Dates and Deadlines
August 30th: Last day to drop a regular session
course or Withdraw to Zero Credits for 100% refund
September 5th: Financial aid released (and applied)
September 6th: Payments Due
October 15th: Late fees apply to unpaid balances
One Stop Hours of Operation &
Contact Information
Location Academic Hours Summer Hours
Memorial
Union
Mon – Fri: 7:30 a.m. – 5 p.m. Mon – Fri: 7:30 a.m. – 4 p.m.
Phone:
Local: (701) 231-6200
Toll Free: 1-866-924-8969
Email:
ndsu.onestop@ndsu.edu
Website:
www.ndsu.edu/onestop
What we learned today
• One Stop
– What we do and who we are
• Familiarity of Campus Connection
• An idea of how financial aid works
– Important processes
• Knowledge of Payments
– Important Dates for Payments
– How to make a payment
Thank you for attending
today’s orientation session!
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