Ready-Set-Register and Go Paperless with Financial Aid!Â
Not registering for summer? See information below-

Summer registered students who have a 2012-2013 FAFSA on file with the Financial Aid office will receive an email  invitation (this weekend) to visit the new Financial Aid web access to review and process financial aid items for summer ’12, fall’12 and spring ’13. Completing the process electronically eliminates the need for paper processing! No “Reply” paper copy is needed, and you can print the awards page from your record.

The tab, My Financial Aid,  has been added to the Student Records log-in location.  Click on the tab to access your 2012-2013 financial aid records. Financial aid budget information and  financial aid items assigned to your record can be viewed and processed through this location.

Summer tuition is $1,263 per credit. An estimated $5,500 summer ’12 book and living expense budget will be added to assumed fall ’12 and spring’13 budgets, and financial aid items assigned to meet the total costs. A minimum of 2 summer credits is required to receive federal loan in the summer. Subsidized loan for ’12-’13 is still available –until July 1^st- for summer registration.  

Fall/Spring tuition and our estimated expenses for 2012-2013 are detailed on the financial aid web page at this location http://web.wmitchell.edu/financial-aid/living-expenses-and-tuition-2012-13/
and also in the Financial Aid Web location.

Students who have filed the 12-13 FAFSA and DO NOT plan summer registration can email us now, and we will respond with fall/spring financial aid information.

E-mail questions to finaid@wmitchell.edu

The tab My Financial Aid has been added to the Student Web secured area, Student Records Log-In, where students find tabs for Demographics, Class Registration, My Student Account, an Unofficial Transcript, and three other functions. 

For 2012-2013, financial aid applicants will be able to access 2012-2013 financial aid records, review summer, fall and spring award amounts, indicate which financial aid items they want processed, and review scheduled disbursement activity. This web activity will replace paper Financial Aid Eligibility letters and the need to return the REPLY copy of the letter. Student responses from within the website update the financial aid database.

Students registering for summer on-campus classes (who have filed the 2012-2013 FAFSA) will be able to see and process summer financial aid offers later this week.

Making summer plans? Need summer financial aid? File the 12-13 Free Application for Federal Student Aid (FAFSA)  at  www.fafsa.ed.gov to be ready when you register for summer ’12. Summer semester is the start of the 2012-2013 school year. Two summer credits is the minimum registration for federal loan eligibility in summer.�
Both on-campus registration and approved study away programs are eligible for federal loans.

File the 2012-2013 FAFSA to receive financial aid beginning in summer ’12

SUMMER REGISTRATION ALLOWS SUBSIDIZED LOAN ELIGIBILITY
Financial aid eligible students registered in summer ’12  for a minimum of two credits will receive the standard $8500 Subsidized Stafford Loan for the 2012-2013 school year. Effective fall ’12 semester (loan periods beginning on or after July 1, 2012) Federal Subsidized Stafford Loans will no longer be available to graduate students.  Instead, an equivalent amount of Unsubsidized Stafford Loan will replace the Sub Stafford in loan packages, so the total amount of Stafford Loan per year will remain at $20,500. GRAD-Plus loan availability remains unchanged.

CURRENT LOAN FEE DISCOUNTS EXPIRE JULY1st
Effective July 1, 2012 all Direct Loans with first disbursements on or after July 1, 2012 will have the full origination fee perecntage deducted from each disbursement.   Stafford loan origination fee is now 1.5% discounted by.5% to 1%. Grad PLUS Loan origination fees are now 4% discounted 1.5% to 2.5%. See Quick Questions on the Financial Aid website for examples of this change.  

Public Service Loan Forgiveness (PSLF) certification forms are newly available on the Department of Education PSLF website! The forms provide clear details about how to qualify and how to document eligible employment to secure loan forgiveness. More information will be issued in the coming weeks. Graduating students: plan to attend March 12th Senior Summation to learn more!

Spring 2012 Financial Aid Disbursement schedule:

• First Spring ’12 Disbursement: Friday, January 20, 2012
• Second Disbursement: Friday January 27, 2012 – if applicable.
• Check Availability: Pick up checks -bring a picture ID- in the Finance Office (note: not the Financial Aid Office)  Room 276 in the LEC between the hours of 8:30 AM and 5:30 PM on both 1/20/12 and 1/27/12. The office is open from 8:30 AM until 5:00 PM on other days.
• Alternate check availability request: student.account@wmitchell.edu

Student account details can be reviewed through Student Records Login

Student account questions: jennifer.kennedy@wmitchell.edu
Financial aid questions: finaid@wmitchell.edu

Graduating financial aid recipients can request a one-time financial aid budget  increase to pay the $500 Bar Exam fee and $100 laptop use fee if applicable.  Please note that costs for bar preparation courses cannot be added. Further, no loan processing can occur after the last day of attendance, 12/23/2011. 

Request the budget increase and approve added loan processing by sending an email to finaid@wmitchell.edu with the subject Bar Exam Cost. In the message,  specify the increase amount (up to $600 ) and state a request  that a loan be processed to pay for this added cost. The loan and origination fee ($15 for a $600 Direct Grad PLUS loan) will be added and processed. Your request will be acknowledged.
Send questions to finaid@wmitchell.edu or call 651-290-6403.

Fall semester financial aid living expense checks  – the portion of loans not needed to pay for tuition and fees- will be available starting this THURSDAY, September 8, 2011,  at 9am in the FINANCE OFFICE, room 276 on the second floor of the Legal Education Center (LEC) building. Present a PICTURE ID to pick up your check. The office will be open until 5:30pm.

Review your student account payment activity through Student records login, My Student Account tab,  on the Mitchell Student Web.  Students who have not yet processed financial aid can submit paperwork to the financial aid office anytime. The next disbursement date will be Friday, September 16, 2011.

Send student account questions to student.account@wmitchell.edu
Send financial aid questions to finaid@wmitchell.edu

Scholarship, loan and payment credits are on student accounts. You can check your balance and the credit balance amount you will receive this Thursday, September 8, 2011 by logging in to Student Records Login and click on the My Student Account tab. Checks will be available in the Finance Office, room 276 on the second floor of the LEC Building.

Fall tuition is due on September 8, 2011

Email student account questions to student.account@wmitchell.edu
Email financial aid questions to finaid@wmitchell.edu