1. Tuition Billing & Financing Your Education Presented by: Marc Maniatis Director of Student Accounts & Risk Manager SOAR 2015-2016

2. Bills were mailed home in early June to all students who paid enrollment deposits. Due date is July 8th. All subsequent tuition bills will be available online. The June bills reflect anticipated tuition and fee charges and a credit for anticipated financial aid. Students will be required to sign a financial responsibility statement related to billing, privacy, and communication methods. Tuition Bills

3. Understanding The Bill 2015-2016 Tuition & Fees Residential Student – Per Semester Tuition Full-Time (12 to 17 credits) $ 17,165.00 General Student Fee $660.00 Standard Double Room $4,610.00 Housing Activity Fee $50.00 Charger Unlimited Meal Plan $2,700.00 Student Health Insurance $1,315.00 Estimated Direct Charges for 2015-2016 $ 26,500.00 *Federal Work Study is NOT included in bill*

4. Additional Charges & Expenses Books and Supplies (approximately $500 per semester) Lab fees range from $30 - $4,000 Tuition differentials are $80.00 per credit (generally apply to engineering, computer science, & chemistry courses) Tuition overtime charges (17+ credits) are $1,145 per credit

5. Student Health Insurance UNH student health insurance is $1,315.00 for the year. The coverage can be waived with proof of existing coverage. A waiver can only be processed online. A waiver MUST be processed each academic year. The waiver deadline is August 28, 2015.

6. Familiarize Yourself With ePay Tuition billing and payment system No paper bills are mailed With ePay, you can view, print, and pay your bill online in a secure environment. Set up Authorized Users/Payers Receive billing notifications (email, text/SMS message)

7. Using ePay Student (and any Authorized User) will receive an email notifying you when your bill is ready to be viewed. Make payment via MasterCard, Visa, Discover, American Express, debit card or a U.S. checking or savings account. Other options include: Enroll in direct deposit for student refunds Sign up for text/SMS message notifications

8. ePay Authorized User Student can create up to 5 Authorized Users. You must be an Authorized User in order for Bursar’s Office to discuss your student’s tuition bill with you. Receive billing emails as well. Securely store your payment information.

9. Paying Your Tuition Bill Payments can be made: Online through ePay via credit/debit card or a U.S. checking or savings account. By phone or in person at the Bursar’s Office. Checks should be made payable to UNH and mailed to the Bursar’s Office. Wire transfer information is available upon request.

10. Payment Options: Monthly Payment Plan Administered by Tuition Management Systems (TMS). Option allows you to spread out your payments over a 10 month period, interest-free, starting in July Your monthly payments are remitted to UNH at the end of the month. Enrollment fee of $75 includes life insurance for the person responsible for paying the bill.

11. Monthly Payment Plan Tuition Management Systems (TMS) You can catch up if you do not enroll in July by making a double payment to cover July and August. The enrollment deadline is August 7, 2015. (888) 437-3430 or www.afford.com/newhavenwww.afford.com/newhaven

12. Payment Options: Financial Aid Federal Direct Parent Loan (Plus) The parent is the borrower. Private Alternative Loans The student is the borrower and will most likely be required to apply with a co-signer.

13. Parent Loans – PLUS Loans A PLUS Loan is borrowed by one parent only. The parent must pass a credit check – if the parent is denied the student will automatically receive an additional $4,000.00 unsubsidized Direct Student Loan. The loan limit is the cost of attendance minus any other aid. The interest rate is 6.84% and the origination fee is 4.27%. The borrower can select from several different repayment options

14. Private Alternative Loans The student is the borrower and will most likely be required to apply with a co-signer. The rates and terms vary based on the type of loan and the lender. An alternative loan can be obtained for the cost of attendance minus any other aid. Deferred repayment options may be available. Please consult with your specific lender for more information. Please be sure to apply promptly and allow yourself enough time to complete the loan process.

15. Which Option is Right for You? All of these financing tools can be used together – you do not have to use one option exclusively. Your personal financial situation will dictate which plan is best for you. If you are contemplating loans, consider who will be borrowing. Consider TMS to use funds from your monthly income to limit the amount you must borrow.

16. University Refund Policy Excess Financial Aid Overpayment or Cancellation of a Charge Dropping Courses or Complete Semester Withdrawal Credit card refunds Students who have a credit balance on their account are eligible to receive a refund.

17. Refund Process Student receives the refund unless overpayment is due to excess PLUS loan funds. Excess Title IV funds processed automatically after disbursement within 14 days of crediting a student’s account. Refund request form needed if credit is from non-Title IV funds. Direct Deposit Available Not available early enough for books Students should monitor ePay

18. Withdrawal Refund Policy Date of WithdrawalRefund Amount Before Classes Begin100% First Week80% Second Week60% Third Week40% Fourth Week20% After Fourth Week0%

19. Tuition Insurance A.W.G Dewar, Inc. This is an optional insurance policy to cover a withdrawal due to medical reasons. The policy reimburses 75% for a documented medical withdrawal. The premium cost for the year is $428.00 for residential students and $ 303.00 for commuter students. If you wish to purchase this you must do so prior to the first day of classes which is August 24, 2015. www.collegerefund.com or (617) 774-1555

20. Summary of Major Points Make sure your student sets you up to be an authorized user in ePay. Review your health insurance plan and if you wish to waive UNH coverage do so by August 28, 2015. If you have a question or a problem with your bill, please ask someone sooner rather than later. Have your student try to solve a problem himself or herself and explain to your student how their bill will be paid.

21. Bursar’s Office Office Location: Maxcy Hall Room 109 Office Hours: M-F 8:30 am - 4:30 pm (the office closes at 1:30 pm on Fridays in June, July and August) Phone: (203) 932-7217 or (800) DIAL-UNH ext. 7217 Fax: (203) 931-6086 Email Address: bursar@newhaven.edu www.newhaven.edu/bursar 300 Boston Post Road, West Haven, CT 06516