2011–12 Tuition, Fees, and Estimated Living Expenses
| Financial Aid Living Expense Budget /Either PART-TIME or FULL-TIME | |
|---|---|
| Rent ($825/month)x 4.5 months in a semester | $3,712 |
| Utilities($100/month)x 4.5 months in a semester | $450 |
| Personal/Food/Student life ($600/month)x 4.5 months in a semester | $2,700 |
| Transportation ($275/month)x 4.5 months in a semester | $1,238 |
| Loan fees per semester | $475 |
| Living Expenses per semester | $8,575 |
| One semester tuition, living expense FULL-TIME | $27,230 |
| Two Semesters tuition and living expenses FULL-TIME | $54,460 |
| One semester tuition, living expense PART-TIME | $22,220 |
| Two semesters tuition and living expenses PART-TIME | $44,440 |
Summer ’11 or J-Term ’12 tuition per credit costs can be added to fall and spring semester costs, and upon request, additional aid is offered. A minimum summer semester registration of 2 credits is required to use federal financial aid in summer semester; fall/spring semester require a minimum of 4 credits in each semester.
Add additional costs to the standard cost of attendance
You may add documented costs for daycare, health insurance premiums, or a 1-time computer purchase. Submit a form with your documentation. Forms are located here.
Registration
Complete each semester’s registration including independent study credits as soon as possible. Registration delays will cause financial aid disbursement delays. We process financial aid based on your actual registration. Let us know if your plans change: finaid@wmitchell.edu, or call 651-290-6403.
No Obligation to Borrow
You are not obligated to borrow loans. You may borrow from only one loan program. You may borrow less than the offered loan amounts. Indicate your expected loan amounts on your Financial Aid Eligibility Letter REPLY sheet.
Remember to include .5% for subsidized/unsubsidized loan fee, and 1.5% for grad PLUS loan fee. You may send us an email anytime requesting changed loan amounts.
Disbursement
Financial aid – including scholarships – is applied to your student account after the semester drop-add registration period has ended. The first student statement of each semester reflects charges based on your registration on the day the statement was issued. Credit balance checks—funds borrowed for books and living expenses are available in the Finance Office, room 276 of the LEC building.
Summer disbursement is June 1, 2012
Fall disbursement is September 6, 2012
Spring disbursement is January 25, 2013