Announcements/NewsPage address: https://www.mnsu.edu/campushub/announcements/
GradReady - a web-based modular financial literacy training program. GradReady is intended to help students make informed decisions about paying for college, manage their finances while enrolled, and successfully repay their student loans.
Review Student Orientation Info
Student Financial Services presents information to orientation attendees on topics such as:
- Student resources for financial information
- Cost of Attendance
- Financial aid programs and processes
- Financial Aid TV
- Billing information and important dates
- Payment plan options
- Proxy Bill Pay
- Data privacy
- Personal financial management
- Parking and Transportation Services
- and the many features of your MavCARD student ID
Upcoming Financial Aid Changes (07.05.2016)
Watch the recently updated Financial Aid TV (FATV) playlist to learn about the new Federal Direct Loan interest rates for 2016-2017 as well as Early FAFSA Filing for 2017-2018.
Fall Semester FACTS Payment Plans (07.05.2016)
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 20, 2016.
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 satisfy the minimum payment requirements for the Registration Guarantee Dates of August 1, 2016, and August 26, 2016, 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
Fall Registration Guarantee, Payment Dates (07.05.2016)
- Monday, August 1 2016, is the Early Registration Guarantee Date for fall semester. Students registered through Monday, July 25, will need to meet minimum payment criteria by August 1 to guarantee their registration and prevent registration cancellation for non-payment.
- Friday, August 26, 2016, is the Final Registration Guarantee Date for fall semester. All students registered through Friday, August 26, will need to meet minimum payment criteria by August 26 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 26, 2016, 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 Tuesday, September 20, is the last day to enroll in the final payment plan option through Nelnet/FACTS.
Monday, October 17, 2016 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 outlined in the 2016-2017 Residence Hall Contract.
Financial Aid Awards for 2016-2017 (06.30.2016)
Students with completed financial aid applications receive e-mail notices when their official financial aid award for 2016-2017 has been packaged, starting mid-June with most being available by the end of June.
A “View Your Award Notification” link within the Financial Aid menu on Student e-Services provides information and guidance 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, authorize use of federal financial aid for all student account charges, 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.
Apply for Financial Aid for 2016-2017
Students planning to attend Minnesota State University, Mankato during the 2016-2017 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.
2016-2017 FAFSA information is submitted through www.fafsa.gov, the U.S. Department of Education’s application site. 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, an office of the U.S. Department of Education.
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.
Students set up their authorization to their bank account through the e-services Direct Deposit Setup function found under either the Financial Aid or the Student Employment menus. This setup screen can also be viewed to confirm the accuracy of bank account information for a current direct deposit authorization.