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Minnesota State University, Mankato

Minnesota State University, Mankato

Announcements/News

Page address: http://www.mnsu.edu/campushub/announcements/

Fall Registration Guarantee, Payment Dates (07.15.14)

  • Monday, August 4, 2014, is the Early Registration Guarantee Date for fall semester. Students registered through Monday, July 28, will need to meet minimum payment criteria by August 4 to guarantee their registration and prevent registration cancellation for non-payment.
  • Friday, August 29, 2014, is the Final Registration Guarantee Date for fall semester. All students registered through Friday, August 29, will need to meet minimum payment criteria by August 29 to guarantee their registration and prevent registration cancellation for non-payment.
  • Accounts meeting the minimum payment criteria will not have registrations cancelled for non-payment. Students are obligated for tuition and fees charges regardless of attendance. Additional information is published regarding the financial impact of dropping courses and official withdrawal.
  • Monday, September 29, 2014, is the Fall Semester Due Date. All registered students should ensure that fall semester account balances are paid in full or covered by a Nelnet/FACTS payment plan. Note that Monday, September 22, is the last day to enroll in the final payment plan option through Nelnet/FACTS.
  • Monday, October 20, 2014 is the Fall Semester Past Due Date. Accounts with unpaid fall semester balances not covered by a Nelnet/FACTS payment plan will be subject to Unpaid Balance hold and $50 late fee. Additionally, accounts whose unpaid fall semester balances include unpaid residence hall charges will be subject to the suspension of meal plan/dining privileges per the terms of the 2014-2015 Residence Hall Contract.

Fall Semester FACTS Payment Plans (07.14.14)

Convenient monthly payment options are offered through Nelnet Business Solutions, a third-party tuition payment service provider for Minnesota State University, Mankato students. Enrollment in fall semester FACTS payment plans is currently open. Deadline to enroll in the last available plans is September 22, 2014.

Automatic payments can be authorized from designated checking, savings, or credit card accounts. Credit card options include: VISA, MasterCard, Discover, American Express and internationally-issued credit cards. Enrollment in a Nelnet/FACTS monthly payment plan is done on semester-by-semester basis, at a cost of $25 per semester.

Students with active Nelnet/FACTS payment plans satisfy the minimum payment requirements for the Registration Guarantee Dates of August 4, 2014, and August 29, 2014, and protect their accounts from Registration Cancellation for Nonpayment; active payment plan status also prevents past due registration holds, semester late fees and suspension of residence hall meal plan/dining privileges. More information.

Direct deposit saves time, money (07.14.2014)

Payments to students for financial aid overages, student payroll earnings, and refunds are routinely posted to student-designated bank accounts through direct deposit. Students with a current direct deposit authorization benefit from safest, quickest and most convenient method of payment while assisting the University in its mission to provide excellent student service at the lowest possible cost.

Current students can either link their MavCARD to a Wells Fargo® checking account to authorize direct deposit for University payments or set up their authorization to another bank account through e-services. The Direct Deposit Setup function is found under either the Financial Aid or the Student Employment menus on e-services. This setup screen can also be viewed to confirm the accuracy of bank account information for a current direct deposit authorization.

Review Student Orientation Info (06.04.2014)

Student Financial Services presents information to orientation attendees on topics such as:

Financial Aid Awards for 2014-2015 (05.19.2014)

Packaging of official financial aid awards for the 2014-2015 academic year is set to begin mid-June. Students with completed applications will receive e-mail notices when their Official Financial Aid Award has been packaged, with most being available by the end of June.

The Official Financial Aid Award Notice lists the Academic Year Institutional Budget (also known as Cost of Attendance) and the Expected Parent and Student Contributions (together comprising Expected Family Contribution, or EFC) as determined by the information provided on the Free Application for Federal Student Aid (FAFSA). The Academic Year Initial Need is calculated as the difference between the total budgeted cost and expected contributions. Students will see a combination of financial aid types awarded, depending on the calculated need, that in total will meet the Cost of Attendance.

As a reminder, Cost of Attendance reflects the average cost for a variety of student educational expenses that are not all directly billed by the University. Students may not need to accept all of the financial aid offered on the Official Award Notice if they have other resources available or have lower than average costs.

A Sample Award Notice has been designed to provide more information regarding items that may be reported on an Official Award.

To view his/her Official Financial Aid Award, the student is directed to log in to Minnesota State Mankato's Financial Aid site. The Award Notice will also contain a link to proceed to the Student Response process to complete the steps necessary to accept or decline the various award types. A Financial Aid Award Checklist is also provided for additional guidance.

Students who wish to check the status of their financial aid application may also log in at https://secure.mnsu.edu/FinancialAid and/or contact the Campus Hub for more information.

Apply for Financial Aid for 2014-2015

Students planning to attend Minnesota State University, Mankato during the 2014-2015 school year are encouraged to submit their Free Application for Federal Student Aid (FAFSA) as early as possible to determine eligibility and allow sufficient time for required award acceptance processes. Work-study and certain other federal scholarships and grants are limited; students who qualify for need-based aid and apply by March 15 ensure greater access to these resources before the available funds are depleted.

2014-2015 FAFSA information is submitted through www.fafsa.gov, the Department of Education’s FREE application site. Do not file through the .com website, which is a private FAFSA advisory, consultation and preparation service not affiliated with the Department of Education, unless you are prepared to pay fees of $79.99 or more for that firm’s services.

Free assistance is available via online prompts and “Help and Hints” topics as you navigate through the FAFSA. If you would like to see a preview of the questions you may be asked while completing it online, you can review the FAFSA on the Web Worksheet. A number of helpful YouTube videos including How to Fill out the FAFSA are also provided by Federal Student Aid.

Several free workshops are held across Minnesota each year where financial aid professionals are on hand to assist with FAFSA completion. For more information, go to the Minnesota College Goal website, www.minnesotacollegegoal.org/StudentsFamilies.html

For additional assistance regarding the FAFSA process, contact us.


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