Langone MBA Student: New Student Spring 2014
How to Use Your Financial Aid to Pay Your TuitionYou must complete the mandatory Tuition & Fees Payment Worksheet Form as this form shows the Bursar how you plan to pay for your tuition. Your registration is not complete without this form.
Please read the following information before you fill out the Tuition & Fees Payment Worksheet Form.
There are several types of financial aid that can be used towards the payment of your tuition charges each semester:
- Federal Stafford Student Loan
- Graduate Plus Loan
- Teaching Fellowships/Graduate Assistantships
Federal Stafford Loan
If you are certified as eligible for a Federal Stafford Loan, a credit for the semester portion of the loan will be available in the Bursar's Office. To be eligible you must be at least half-time (a minimum of six credits per semester). This credit will enable you to register without the actual loan receipt of the proceeds, (which takes approximately 4-8 weeks to arrive).
Graduate Plus Loan
You may only include the Graduate Plus Loan as part of your payment if you have been approved for the loan by the Department of Education. Do not include the Graduate Plus Loan sources unless you have received a credit approval notice via email from the Department of Education.
Teaching Fellowships/Graduate Assistantships
If you have been hired as a teaching fellow or graduate assistant for a department, you must complete a contract AND RETURN TO: Ross Cunningham, KMC 7th floor, Room 7-100. Include a copy of the signed contract by Ross Cunningham with your Tuition and Fees Worksheet Payment Form to receive credit.
The total time lapse from the application for a student loan to disbursement of funds is approximately 4 to 8 weeks. Students should plan accordingly. Visit the Financial Aid Web page for details.
If you receive additional financial aid after you have already settled your account with the Bursar's Office, you must notify the Bursar's Office of the additional funds to your account.