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Minnesota State University, Mankato

Minnesota State University, Mankato

Announcements/News

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

Loan Exit Counseling Sessions (03.31.2014)

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 22     11 am              CSU Ostrander Auditorium
  • Tuesday, April 22     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 Payment Dates (03.18.14)

  • Monday, June 23, 2014, 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: Thursday, June 19, 2014, is the last day to enroll in the last available payment plan for summer term through Nelnet/FACTS.

  • Monday, July 14, 2014 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 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.

Summer Term Registration, Guarantee Dates (02.21.2014)

The Summer Term class schedule is available for viewing on the web starting Friday, February 21. Registration begins Wednesday, March 19.

Students registered through April 21 are required to meet minimum payment requirements by Monday, April 28, to stay enrolled. Student accounts that do not meet the payment requirements will have all courses administratively dropped on Tuesday, April 29.

Students registered from April 22 through May 23 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 27.

More Summer Term Important Dates and registration guarantee information.

Direct deposit saves time, money (01.10.2013)

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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