Financing a Fairfield Education Orientation 2014

1. Financing a Fairfield EducationOrientation 2014 Presenters: Patrick McKiernan General Manager, Fairfield University bookstoresRaymond Bourdeau, University BursarGina Costa, Assistant Bursar Diana M. Draper, Director of Financial Aid Kimberly J. Droniak, Associate Director of Financial Aid

2. Today’s Agenda • Welcome Class of 2018 – Students & Parents! • Introductions • Textbooks, Supplies & University Gear • Billing & Payments • Financial Aid • Q & A

3. University Apparel & Gifts School Supplies Computer & Phone Accessories Health & Beauty Items Dorm Supplies Convenience Food & Drink The Stag Spirit Shop Barone Campus Center, 2nd Floor www.fairfieldstagshop.com The Fairfield University Bookstore & Starbucks Café! 1499 Post Road Fairfield, CT Downtown Fairfield www.fairfield.edu/bookstore Textbooks & Course Materials Full trade book selection …and so much more!

4. Textbook Options • New and Used • Used books equal to a 25% savings. • Are eligible for buy back . • Textbook Rental • Register online during checkout! • Rent and save big (40-70%)! • Less risk due to upfront savings . • Digital Textbooks • Interactive. • Better for the environment. • On average 45-65% of new list price. • .

5. Textbook Rental • Savings of 40-70% compared to new list price • Shop in-store now or online • Allows students to chose a preferred form of payment, including their Stag Card • Allows students the freedom to highlight and take notes all within the normal wear and tear associated with coursework

6. Buyback Information • We communicate with the faculty on their textbook needs and then buy as manyusedbooks as possible to saveour students money. • TEXTBOOK BUYBACK AVAILABLE ALL YEAR • Up to 50% of initial purchase price! • Cash! • CONVENIENCE • Available at both store locations • during buyback periods at the end • of the semester “ The Right Book At The Right Price”

7. TRADE & REFERENCE BOOKS • GENERAL READING BOOKS • Fairfield University Faculty Authors • Huge Children’s Book Section • Bestsellers • Voted “Best Bookstore in Fairfield County” • QUICK STUDY GUIDES • Available for most subjects. • Chemistry, Physics, Health, etc. • EXAM REFERENCES • SAT & ACT Prep. • Graduate School Exams • GRE, GMAT, LSAT, etc. • Nursing Study Guides

8. GENERAL MERCHANDISE • OFFICIAL Fairfield GEAR • SCHOOL SUPPLIES • Full line of school supplies • Calendars and planners • Blue Books & Clickers • CONVENIENCE • Snacks & Drinks • Health/Beauty Aid Products • Personal Need Items • ACCESSORIES • Vera Bradley, Kate Spade, Lily Pulitzer, Bliss Cosmetics, Butter London • iPhone & iPad accessories • Headphones and computer accessories • OFFICIALFairfield GIFTS • License Plate Frames & Car Decals • Glassware & Travel Mugs • Stuffed Animals • Blankets • Flags & Banners • Phone Cases • Keychains & Lanyards • And more! • CAMPUS LIVING • Dorm room essentials • Greeting cards & balloons • Mailing envelopes and FedEx Shipping Services • STARBUCKS CAFE

9. OFFICIAL FAIRFIELD UNIVERSITY GEAR

10. ADDITIONAL SERVICES • Bookstore Gift Cards • Graduation Essentials • Cap & Gown • Announcements • Class Rings • Laundry Service • FedEx Shipping Services • Fax Service • Student Employment • Flexible work hours • Apply online or in-store • Discounts include… • 10% OFF Textbooks • 25% OFF Merchandise • Apply online at www.follett.com/careers

11. For more information check out: http://www.fairfield.edu/bookstore http://www.fairfieldstagshop.com

12. Billing & PaymentsOffice of the Bursar Raymond Bourdeau University Bursar Gina Costa Assistant Bursar

13. Fall Semester Bill • Detailed Breakdown • Tuition (per semester) $21,585 • General University Fee $ 600 • Orientation Fee $ 230 • Tuition Deposit $ <200> • Health Insurance $ 1,483** * Fee removed once waiver is completed • If living ON campus • Room (per semester) $ 4,040 • Note: Room deposit credited at end of residency • Meal Plan (per semester) $ 2,555

14. Meal Plan Plan Options • 14meals per week plus • 100 Dining Dollars per semester (BASE PLAN) • Unlimited meals per week plus • 200 Dining Dollars per semester Rate Per Semester • $2,555 • $3,090

15. Billing Statements • ALL billing statements are electronic • NO paper bills! • STUDENT receives notification via Universitye-mail that a billing statement has been generated • Student accesses bill via my.Fairfield.edu to On-line Bill and Payment site

16. Billing Statements VERY IMPORTANT! • STUDENTSSHOULD create parent and/or guardian as an Authorized User in the On-line Bill and Payment system • Allows parent and/or guardian to: • Receive the billing e-mail notification • Access the on-line bill and payment site • View account activity • Make payments on-line & on-time

17. Important Dates

18. Higher One & Fairfield University There IS an easier way to make tuition payments… The Monthly Tuition Payment Plan The Tuition Payment Plan that was previously administered by Sallie Mae, Inc. is now administered by Higher One. You may continue to see references to Sallie Mae, Inc. on the enrollment site until it is updated later this year.

19. Monthly Tuition Payment Plan • Flexiblealternative to traditional lump-sum payments at the start of semester • Allows you pay the total cost of tuition, room and boardin 10 equal monthly installments • Families find smaller payments easier to manage

20. Monthly Tuition Payment Plan • This plan is NOT a loan! • $55 application fee • NO interest charges! • Reduces oreliminates borrowing • Families pay out of current income or savings • May be used on a stand- alone basis • May be used as a supplementto: • Loans • Financial aid • Monthly statement: • Acts as a reminder • Shows payments & balance

21. Monthly Tuition Payment Plan • In 2013-2014, the Monthly Tuition Payment Plan was utilized by 684 Fairfield families to pay for tuition, room and board! • Your funds are: • Protected in a Federally Insured Account • Funds are sent monthly to the university

22. Tuition Payment Plan Enrollment • Determine the amount you will pay through the Monthly Plan • Complete the enrollment form on-line https://tuitionpaymentplan.com • Higher One will notify Fairfield University of your participation in the Monthly Plan

23. Determining Your Plan Amount Full Year Expenses Tuition $43,170 Room & Board (if applicable) $13,190 Total Expenses(A)$56,360 Note: Do not include the General University Fee, books or personal expenses in Monthly Plan. Full Year Deductions Scholarships/Grants $17,000 Loans $ 5,500 Direct Payments to School/Other $ 3,860 Total Deductions(B)$26,360 Amount of Monthly Plan (A minus B)=(C)$30,000 Monthly Payment$ 3,000

24. Plan Enrollment Terms • Monthly Plan Terms: • BEGINS JUNE 1st • ENDS MARCH 1st • On-line enrollment will be accepted through AUGUST 1st • If you enroll AFTER June 1st, you must include payment for all missed monthly payments

25. Superior Customer Service Friendly, knowledgeable Tuition Payment Plan Specialists are available during convenient hours: Monday – Friday 8:00am - 9:00pm ET • Information • (800) 635–0120 • Questions & Adjustments • (800) 556-6684 • After account has been established

26. Superior Customer Service Sign Up Today! https://tuitionpaymentplan.com • On-line enrollment with E-Check • Tuition Planner – worksheets guide you through payment plan process • Manage Your Account – on-line access to current account information, online bill payment, online statements

27. Office of Financial Aid Diana M. Draper Director of Financial Aid Kimberly J. DroniakAssociate Director of Financial Aid

28. Financial Aid & Your E-Bill • Approved university aid disburses in JULY • Federal and State aid will appear as a “MEMO” (pending approval) • Deduct “MEMO” items from balance due • State grants will disburse during the fall semester • Federal Work-Study does NOT disburse to the student’s account

29. Financial Aid & Your E-Bill • If you do NOT see university aid or MEMO items on your E-Bill: • Offer of aid has NOT been accepted by student • Required documents have NOT been submitted to confirm aid award • File review is still in process* All offered aid is ESTIMATED until you are notified by the Office of Financial Aid of a final award.

30. Federal Loans Direct Loan Borrowers MUST complete: • Entrance Counseling • Master Promissory Note www.studentloans.gov (have student FAFSA PIN# ready!)

31. Federal Loans Federal Perkins Loan Borrowers • Onlineloan enhancements are IN PROGRESS! • Students will be notified by university email: • Instructions for required forms – ONLINE! • Deadlineto complete required forms will be announced

32. Other Financing

33. DEADLINES & AID CANCELLATION

34. Outside Scholarships • Checks should be mailed to the Office of the Bursar • Depending on the amount received, federal and state aid may be adjusted • University need-based aid will not be adjusted • Scholarship Info Board in the Office of Financial Aid! • Like us! https://www.facebook.com/FairfieldUFinaid

35. & Office of Financial Aid correspondence will ONLY betoSTUDENTS via • University Email • https://my.fairfield.edu • NO paper letters mailed (exceptions for appeals, special circumstances & request from student)

36. www.fairfield.edu/myfinaid

37. Financial Aid Staff Office of Financial Aid Aloysius P. Kelley, S.J. Center1073 North Benson Road Fairfield, CT 06824 Phone (203) 254-4125 Email finaid@fairfield.edu Web www.fairfield.edu

38. 2015-2016 APPLICATION DEADLINES FAFSA Free Application for Federal Student Aid www.fafsa.gov *APRIL 15, 2015 * CSS Profile College Scholarship Search Profile www.collegeboard.org * APRIL 15, 2015 *

40. Welcome to the Fairfield University family! 06/14