Money Matters

Money Matters - Frequently Asked Questions

Estimated Expenses, 2007-2008

A Timeline for New Student Orientation, June 2007

FirstClass, the e-mail system for UMaine

• Activated?

• If not contact Information Technologies @ 207-581-2506

Web DSIS, Web access for student information

• Activated?

• If not contact Information Technologies @ 207-581-2506

Financial Aid

• Applied for Financial Aid / Provided all necessary documents?

• Received Award Letter?

• Returned Award Letter?

• Applied for Stafford Loans?

PeopleSoft

• New software system with the University

• You can:

  • Update addresses and phone numbers

  • Update emergency contact info

  • Enter payroll time

  • Release personal information

Student Release Form

• Needed for release of information to others

• Must be signed by student

• Available during New Student Orientation

June

Notify Financial Aid and Bursar of your Scholarships...

• Send a copy of actual scholarship letter or e-mail Financial Aid at umfinaid@umaine.edu

Federal Perkins Loan

• Perkins Master Promissory Note (MPN) / Disclosure

  • MPN mailed in June

  • Disclosure needs to be completed on-line (financial aid segment on Web DSIS)

Buying Textbooks

• Textbook Purchasing Options
  Textbook Reservation

  • Complete Textbook Reservation Form (available at Bookstore or Orientation)

  Textbooks ready for pick-up on Fall Welcome Weekend
  Purchase directly at Bookstore

  • Bring course schedule

  • Books available at end of July

• Remember to keep your receipts!

July

What to expect on your semester bill

Cost Information 2007-08
	In-State	Out-of-State	NEBHE
Tuition per credit hour	$ 218	$625	$327
Tuition at 15 credit hours	$ 3,270	$ 9,375	$ 4,905
Fees	895	895	895
Room (dbl. room rate)	1,887	1,887	1,887
Meal Plan	1,855	1,855	1,855
TOTAL	$ 7,907	$14,012	$ 9,542

Billing Packet

• Mailed mid-July and will include:

  • Bill

  • Account information card

  • Payment plan information

  • Other

Account Information Card

• Be sure to fill out both front and back of card

• Return to Bursar's Office to avoid $100 late fee

Make Payment Plan Arrangements
Sallie Mae "TuitionPay"

• 1-800-635-0120

• Information included in billing packet

Additional Financing Options

• PLUS (Parent Loan for Undergraduate Students)

• Alternative Loans

• Credit Cards (form included in packet with bill)

August

Student Bills Due — August 21, 2007

• Items that will not appear on your bill:

  • Stafford Loans
    Work-Study
    Outside Scholarships

• Late Payment Fee is $100

Stafford Loan Borrowers

• Required entrance interview
  - Complete on-line at www.umaine.edu/stuaid/loans.html

Student Employment

• Work-Study/non Work-Study jobs available at www.umaine.edu/studemp

• Job posting will begin August 1

• Students will receive FirstClass e-mail with information regarding Work-Study employment the week of August 27.

• Be sure to attend Student Employment session during Fall Welcome Weekend

• Fall Job Fair, Wednesday, September 5, 10 am - 3 pm Memorial Union

Fall Welcome Weekend - August 31–September 3, 2007

• Students move in — Friday, August 31

• Classes Begin — Tuesday, September 4

Keep in Touch

Office of Student Financial Aid
Wingate Hall
Orono, ME 04469-5781
Tel: 207-581-1324
Fax: 207-581-3261
e-mail: umfinaid@maine.edu

Bursar's Office
Alumni Hall, Room 100
Orono, ME 04469-5703
Tel: 207-581-1521
Fax: 207-581-1474

Office of Student Employment
Wingate Hall
Orono, ME 04469-5781
Tel: 207-581-1349
e-mail: student.employment.staf@umit.maine.edu

UMaine Bookstore
Memorial Union
Orono, ME 04469-5748
Tel: 207-581-1700
Fax: 207-581-1132
e-mail: umbook@maine.edu
www.bookstore.umaine.edu

And don't forget these important dates!
First-Year Family Day — September 15
Fall Break — October 6-9
Homecoming — October 12-14

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