Announcements/News

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

Summer Orientation Information

Financial Aid and Summer Short Courses (06.02.2015)


Are you enrolled in a summer term short course, which includes any course whose start and end dates do not span the full length of the semester (May 18-July 24)? If so, and if you drop/withdraw/stop attending any of your courses during summer term, you may be affected by regulations that require the University to reverse all or part of your financial aid.
The amount of financial aid reversed will depend on your attendance plans during the rest of the semester.  If you are enrolled in a summer term short course that has not yet begun at the time you drop/withdraw/stop attending another summer term course, information is needed about your future plans for attendance:

  1. If you plan to attend the short course that has not yet begun, you must submit written confirmation immediately so the appropriate financial aid eligibility can be determined for you.
  2. Written confirmation is given by completing the online form.
  3. If you do not plan to attend the short course that has not yet begun, you should drop that course through the e-Services registration site.  Please note that dropping a course may also affect your financial aid eligibility.

Without written confirmation from the student indicating plans to attend a future short course in the semester, even if the student is registered for that future short course, the University is required to determine the financial aid reversal amount assuming the student will not be attending short courses that have not yet begun.

 

Financial Aid Awards for 2015-2016 (06.02.2015)


Students with completed financial aid applications will receive e-mail notices when their official financial aid award for 2015-2016 has been packaged, starting mid-June with most being available by the end of June.


A new Financial Aid Status screen through Student e-Services will include a link, “View Your Award Notification,” that contains tabs to navigate through the financial aid award response steps. Students can review award eligibility at various number of credits registered, make decisions regarding the amount of awarded funds to accept, provide additional information about private scholarships or other resources not reflected, and submit their award response.


As a reminder, the Institutional Budget (also known as 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 accept, decline or reduce the amount they wish to accept of financial aid funds offered if they have other resources available or have lower than average costs.
Refer to the Financial Aid Award Checklist 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.

 

Federal PIN change to FSA ID (05.13.2015)

Beginning May 10th, 2015, The U.S. Department of Education has implemented a new and modernized login process to the Federal Student Aid (FSA) websites to improve security. This will affect user credentials for FAFSA, NSLDS, StudentLoans.gov, StudentAid.gov and the TEACH Grant websites. Students, parents and borrowers logging in to these sites will now be directed to create an FSA ID (username/password combination), which requires name, Social Security number, date of birth, and email address; the FSA ID creation process also allows a link to the individual’s Federal PIN record. Refer to detailed instructions provided for How to Create An FSA ID (PDF). Watch a FATV video for more information. For direct access to the FSA ID page, click here.

Summer Term Financial Aid

Find information about financial aid for summer term here.

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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