Announcements/News

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

Loan Exit Counseling Sessions (03.31.2015)

Student-borrowers of Federal Direct Loans graduating or otherwise ceasing to be enrolled on at least a half-time basis at Minnesota State University, Mankato, at the end of Spring Semester are required to participate in Loan Exit Counseling.

To meet this requirement, students may complete the counseling process during one of the sessions hosted on campus by Student Financial Services.

  • Tuesday, April 14     11 am              CSU Ostrander Auditorium
  • Tuesday, April 14       2 pm              CSU Ostrander Auditorium

Information needed to complete the process includes:

  • Borrower’s driver’s license number
  • Names/addresses/phone numbers of borrower’s next of kin
  • Two personal references

The counseling session takes approximately 45 minutes and will provide borrowers with an individual review of their loan repayment obligations, information regarding repayment options and suggestions, debt management strategies, potential deferment, forbearance and cancellation options, and consequences of loan default.

Student-borrowers can also meet the requirement by completing Loan Exit Counseling online. Sign In at the StudentLoans.gov homepage, click on Complete Counseling and select Exit Counseling to begin. Visit www.pin.ed.gov if you need assistance with your Federal Student Aid PIN, which is required for online access.

For a complete federal loan history, visit www.NSLDS.ed.gov and click on the “Financial Aid Review” link.

Summer Term FACTS Payment Plans (03.13.2015)

The enrollment period for summer term FACTS payment plans begins March 18, 2015. Convenient monthly payment options are offered through Nelnet Business Solutions, a third-party tuition payment service provider for Minnesota State University, Mankato students.

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 $24 per semester.

Students with active Nelnet/FACTS payment plans protect their accounts from Registration Cancellation for Nonpayment, past due registration holds and semester late fees.

More information.

Summer Term Registration Guarantee Dates (03.04.2015)

The Summer Term class schedule is available for viewing on the web starting Friday, February 20. Registration begins Wednesday, March 18.

Students registered through April 20 are required to meet minimum payment requirements by Monday, April 27, to stay enrolled. Student accounts that do not meet the payment requirements will have all courses administratively dropped on Tuesday, April 28.

Students registered from April 21 through May 22 are required to meet minimum payment requirements by Friday, May 23, to stay enrolled. Student accounts that do not meet the payment requirements will have all courses administratively dropped on Tuesday, May 26.

More Summer Term Important Dates and registration guarantee information.

Summer Term Payment Dates (03.25.2015)

Monday, June 22, 2015, is the Summer Term Due Date. All registered students should ensure that spring semester account balances are paid in full or covered by a Nelnet/FACTS payment plan.

Please note: Friday, June 19, 2015, is the last day to enroll in the last available payment plan for summer term through Nelnet/FACTS.

Monday, July 13, 2015 is the Summer Term Past Due Date. Accounts with unpaid spring semester balances not covered by a Nelnet/FACTS payment plan will be subject to Unpaid Balance hold and $50 late fee.

Students meeting the minimum payment criteria by the registration guarantee dates will not have registrations cancelled for non-payment; enrolled students are obligated for tuition and fees charges, regardless of attendance, according to timelines published for summer term’s official withdrawal and dropping courses procedures.

More information on billing and payments, including available Automatic Payment Plan options.

Apply for Financial Aid for 2015-2016

Students planning to attend Minnesota State University, Mankato during the 2015-2016 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.

2015-2016 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.

Set up Proxy Bill Pay through eServices

Students can assign proxy access to designated individuals to view University account information and make payments on the their behalf. A student who wishes to provide this access can do so by logging in to mnsu.edu/eservices, selecting the Bills and Payment menu item, and clicking on the “Give Someone Access to Pay My Bill” button on the Bills and Payment summary screen. The first time the student is required to read and accept the Terms and Conditions. Once accepted, the name and e-mail address of the alternate payer may be provided. Clicking on the “Send or Renew Access Request” button will initiate an e-mail message sent to alternate payer with instructions to activate his/her access within five days. Proxy bill pay access remains active for six months; a student may revoke access at any time, as well as renew access after it expires or is revoked.

The proxy bill payer will have access to functions within the Bills and Payment section of eServices, which includes viewing the student’s class schedule through the Account Activity PDF form. The proxy bill payer will not be able to enroll in a Nelnet/FACTS payment plan, will not have access to other sections of eServices, nor can s/he designate anyone else to have proxy bill payer access.  Students may also designate more than one individual as assigned alternate bill payers with proxy access to their account. It is recommended that access is limited to family members such as a parent, spouse, or legal guardian. It should also be noted that providing access to alternate payers is not considered a guarantee of payment; the student retains sole responsibility for timely payment of all account charges.

Important Dates information related to student accounts

Direct deposit saves time, money

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.


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