AnnouncementsPage address: http://mnsu7700france.info.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.
Summer Term Financial Aid
Find information about financial aid for summer term here.
Financial Aid and Summer Short Courses (05.03.2017)
As a summer term student, it is vitally important to be aware that the start dates of courses affect financial aid, in regard to both the timing of when you receive these funds and the amount of funds you can receive.
Financial aid is processed throughout summer term. When your financial aid is ready, at least one of your courses must have already begun or must be scheduled to begin within the next 10 days in order for the University to apply your federal & state aid and student loans to your account charges and issue a payment to you for the excess funds, if any. For example, if at least one of your classes begins on the first day of summer term (May 22) and your financial aid is ready to be processed, those funds will be included when the earliest process date for summer term occurs (May 27), and if the total financial aid exceeds your student account balance, the direct deposit payment to you will be scheduled to occur on the earliest disbursement date for summer term (June 2).
The following table is provided to further illustrate this concept:
If at least one of your courses begins by:
|The earliest possible date your financial aid can be applied to your account is:||The earliest possible direct deposit date for excess funds (if any) is:|
|May 22, 2017||May 27, 2017||June 2, 2017|
|June 5, 2017||June 6, 2017||June 8, 2017|
|June 19, 2017||June 13, 2017||June 15, 2017|
|June 26, 2017||June 20, 2017||June 22, 2017|
|July 3, 2017||June 27, 2017||June 29, 2017|
|July 17, 2017||July 11, 2017||July 13, 2017|
Your financial aid budget, also known as Cost of Attendance, includes tuition & fees as well as amounts for textbooks and living expenses. The full length of summer term is 10 weeks. When you are enrolled in courses that span the entire length of summer term, your financial aid budget will reflect amounts that cover the full 10-week time period; enrollment in courses that span less than the full 10 weeks (short courses) will result in a review of your overall financial aid budget. This may affect the amount of aid you are eligible to receive; you will be notified if any adjustments are required.
Additionally, 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 term.
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:
- 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.
- Written confirmation is given by completing the online form.
- 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 you indicating plans to attend a future short course in the semester, even if you are registered for that future short course, the University is required to determine the financial aid reversal amount assuming you will not be attending short courses that have not yet begun.
FAFSA Filing for 2017-2018The 2017-2018 Free Application for Federal Student Aid (FAFSA) is available and uses 2015 federal tax information.
Minnesota State University, Mankato’s school code is 002360
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.