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!