~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
MONEY MATTERS Bulletin | Fall 2013
The financial requirements of the University, changing costs, state and legislative action, and other matters may require an adjustment of charges and expenses. The University reserves the right to make such changes at any time. The applicant acknowledges this by submitting application for admission or registering.
For a full list of tuition and fees, please see the current course guide or visit our website provided above. Students may access an up-to-date status of their student account at any time via MaineStreet:
https://mainestreet.maine.edu/.
Fall registration for degree students begins on March 27,2013 and open registration for non-degree students begins April 1, 2013.
Multi-Campus Students: Tuition, fees and other educational costs are approved annually for each of the seven campuses of the University of Maine System by the Board of Trustees. UMA students enrolled in classes offered by other University of Maine campuses should consult that campus for information pertaining to billing and refund policies, amounts, and dates.
Payment: Students may pay in full or spread their (remaining) costs over the fall months by enrolling in a 4-installment payment plan. The 1st installment, including the $30 payment plan fee, is due at the time of plan registration! Cash, checks, MasterCard, Visa, and Discover are accepted; credit card payments for remaining payment plan installments may be made online via Mainestreet.
Students are ultimately solely responsible for their account balances and are encouraged to apply for aid or submit third party authorizations in a timely fashion. Balances not paid by due dates--whether intended to be paid by the student, external sources, or financial aid--will incur a late fee. Students who wish to appeal the assessed late fee must complete a Late Fee Reversal Appeal. A student’s current registration may be cancelled or prohibited in future terms for accounts that are not satisfied. Unpaid accounts may be referred for collection and additional fees charged. The University participates in the State of Maine’s Tax Refund Set-Off Program, which may deduct balances due the University from student’s future Maine income tax returns.
Financial Aid: Financial aid-in-progress, or anticipated aid, will display within Mainestreet. Although anticipated aid is considered to reduce the student’s overall account balance, the funds will not be transferred to cover charges unless all requirements are met as stipulated by the Financial Aid Office. Loans will only display as anticipated once you have accepted the loan offer on Mainestreet.
Awarded financial aid is transferred to the student’s account within 10 days from the start of the term. Any excess aid (financial aid less charges) will be mailed to the student in order that they may have their refund check prior to the opening day of campus classes. After the opening day of campus classes, excess financial aid refund checks will generally be issued weekly.
Employer or Agency Payment: The University will accept an unconditional guarantee of direct payment from an employer, federal or state agency, or the military. The Third Party Authorization Form (http://www.uma.edu/moneymatters.html) is submitted to the Student Accounts Office at the time of registration and must specify what charges and amounts are covered. The student is expected to have arrangements in place to pay uncovered charges at the time of registration, and remains responsible for all costs if the third party organization does not pay.
Payment Plan: Students may choose a 4-installment payment plan option to spread expenses into monthly, interest-free payments. Students who choose a payment plan will be charged a one-time $30 non-refundable fee.
|
4 Pay Plan Due Dates: |
|
1/4 due upon plan registration (+30 set up fee) |
|
1/4 due 09/15/13 |
|
1/4 due 10/15/13 |
|
1/4 due 11/15/13 |
Students enrolled in a UMA degree program that select the 4-installment payment plan may combine their account balances from other University of Maine campuses in their installment calculations. Students not enrolled in a degree program at any of the University of Maine system campuses may also combine their course account balances into a single UMA payment plan.
ADD/DROP and WITHDRAWAL POLICIES:
For purposes of calculating tuition adjustments, dropping courses is defined as a reduction in course load while remaining enrolled in the University (the student drops one or more courses, but not all courses).
Withdrawal is defined as students who give official communication to Enrollment Services of their withdrawal to the University after a semester/session begins. (The student is withdrawing from ALL classes and is leaving the University.)
For classes 11 weeks or longer, students have two weeks from the starting date of the session to drop or withdraw and receive a full reversal of tuition and fee charges.
No adjustments are generated and all charges remain due for courses dropped beyond the two-week add/drop period. Should a student withdraw entirely, adjustments to charges are as follows:
|
Tuition & Fee |
||
|
CLASSES 11 WEEKS OR LONGER |
REDUCTION |
|
|
Withdrawal/Drop on or before |
09/16/13 |
100% |
|
Withdrawal/Drop on or before |
10/07/13 |
50% |
|
Withdrawal/Drop on or before |
10/28/13 |
25% |
|
Withdrawal/Drop after |
10/29/13 |
0% |
For classes less than 11 weeks, refunds for drops or withdrawals are calculated as follows:
|
Tuition & Fee |
|
|
CLASSES LESS THAN 11 WEEKS |
REDUCTION |
|
Withdrawal/Drop through 1st day of classes |
100% |
|
Withdrawal after 1st day and until 30% of term has expired |
50% |
|
Withdrawal after 30% and until 60% of term has expired |
25% |
|
Withdrawal after 60% of term has expired |
0% |
IMPORTANT FACT: In accordance with Federal regulations, financial assistance may be adjusted for aid recipients that reduce credit hours, withdraw during the semester, or do not academically complete the semester. A portion of his or her financial aid will be refunded to the Title IV programs as required by the U.S. Department of Education. Such financial aid calculations due to changes in enrolled credit hours from credit hours used in the calculation of aid award may result in the student owing a balance to the University.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
MONEY MATTERS Bulletin | Summer 2013
The financial requirements of the University, changing costs, state and legislative action, and other matters may require an adjustment of charges and expenses. The University reserves the right to make such changes at any time. The applicant acknowledges this by submitting application for admission or registering.
For a full list of tuition and fees, please see the current course guide or visit our website provided above. Students may access an up-to-date status of their student account at any time via MaineStreet:
https://mainestreet.maine.edu/.
Summer 2013 registration for degree students begins on March 27, 2013 and open registration for non-degree students begins April 1, 2013. The term due date for the summer 2013 term is May 6, 2013. Beginning on May 6, 2013, payment is due when registering.
Multi-Campus Students: Tuition, fees and other educational costs are approved annually for each of the seven campuses of the University of Maine System by the Board of Trustees. UMA students enrolled in classes offered by other University of Maine campuses should consult that campus for information pertaining to billing and refund policies, amounts, and dates.
Payment: Students may pay in full or spread their (remaining) costs over the summer months by enrolling in a 3-installment payment plan. The 1st installment, including the $30 payment plan fee, is due at the time of registration! Cash, checks, MasterCard, Visa, and Discover are accepted; credit card payments for remaining payment plan installments may be made online via Mainestreet.
Students are ultimately solely responsible for their account balances and are encouraged to apply for aid or submit third party authorizations in a timely fashion. Balances not paid by due dates--whether intended to be paid by the student, external sources, or financial aid--will incur a late fee. Students who wish to appeal the assessed late fee must complete a Late Fee Reversal Appeal. A student’s current registration may be cancelled or prohibited in future terms for accounts that are not satisfied. Unpaid accounts may be referred for collection and additional fees charged. The University participates in the State of Maine’s Tax Refund Set-Off Program, which may deduct balances due the University from student’s future Maine income tax returns.
Financial Aid: Financial aid-in-progress, or anticipated aid, will display within Mainestreet. Although anticipated aid is considered to reduce the student’s overall account balance, the funds will not be transferred to cover charges unless all requirements are met as stipulated by the Financial Aid Office. Loans will only display as anticipated once you have accepted the loan offer on Mainestreet.
Awarded financial aid is transferred to the student’s account within 10 days from the start of the term. Any excess aid (financial aid less charges) will be mailed to the student in order that they may have their refund check prior to the opening day of campus classes. After the opening day of campus classes, excess financial aid refund checks will generally be issued weekly.
Employer or Agency Payment: The University will accept an unconditional guarantee of direct payment from an employer, federal or state agency, or the military. The Third Party Authorization Form (http://www.uma.edu/moneymatters.html) is submitted to the Student Accounts Office at the time of registration and must specify what charges and amounts are covered. The student is expected to have arrangements in place to pay uncovered charges at the time of registration, and remains responsible for all costs if the third party organization does not pay.
Payment Plan: Students may choose a 3-installment payment plan option to spread expenses into monthly, interest-free payments. Students who choose a payment plan will be charged a one-time $30 non-refundable fee.
|
Pay Plan Due Dates: |
|
1/3 due upon plan registration (+30 set up fee) |
|
1/3 due 06/06/13 |
|
1/3 due 07/06/13 |
Students enrolled in a UMA degree program that select the 3-installment payment plan may combine their account balances from other University of Maine campuses in their installment calculations. Students not enrolled in a degree program at any of the University of Maine system campuses may also combine their course account balances into a single UMA payment plan.
ADD/DROP and WITHDRAWAL POLICIES:
For purposes of calculating tuition adjustments, dropping courses is defined as a reduction in course load while remaining enrolled in the University (the student drops one or more courses, but not all courses).
Withdrawal is defined as students who give official communication to Enrollment Services of their withdrawal to the University after a semester/session begins. (The student is withdrawing from ALL classes and is leaving the University.)
For classes 11 weeks or longer, students have two weeks from the starting date of the session to drop or withdraw and receive a full reversal of tuition and fee charges.
No adjustments are generated and all charges remain due for courses dropped beyond the two-week add/drop period. Should a student withdraw entirely, adjustments to charges are as follows:
|
Tuition & Fee |
||
|
CLASSES 11 WEEKS OR LONGER |
REDUCTION |
|
|
Withdrawal/Drop on or before |
06/03/13 |
100% |
|
Withdrawal/Drop on or before |
06/23/13 |
50% |
|
Withdrawal/Drop on or before |
07/14/13 |
25% |
|
Withdrawal/Drop after |
07/15/13 |
0% |
For classes less than 11 weeks, refunds for drops or withdrawals are calculated as follows:
|
Tuition & Fee |
|
|
CLASSES LESS THAN 11 WEEKS |
REDUCTION |
|
Withdrawal/Drop through 1st day of classes |
100% |
|
Withdrawal after 1st day and until 30% of term has expired |
50% |
|
Withdrawal after 30% and until 60% of term has expired |
25% |
|
Withdrawal after 60% of term has expired |
0%
|
IMPORTANT FACT: In accordance with Federal regulations, financial assistance may be adjusted for aid recipients that reduce credit hours, withdraw during the semester, or do not academically complete the semester. A portion of his or her financial aid will be refunded to the Title IV programs as required by the U.S. Department of Education. Such financial aid calculations due to changes in enrolled credit hours from credit hours used in the calculation of aid award may result in the student owing a balance to the University.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
MONEY MATTERS Bulletin | Spring 2013
The financial requirements of the University, changing costs, state and legislative action, and other matters may require an adjustment of charges and expenses. The University reserves the right to make such changes at any time. The applicant acknowledges this by submitting application for admission or registering.
For a full list of tuition and fees, please see the current course guide or visit our website provided above. Students may access an up-to-date status of their student account at any time via MaineStreet:
https://mainestreet.maine.edu/.
Spring 2013 registration for degree students begins on November 5, 2012 and open registration for non-degree students begins November 13, 2012. The term due date for the Spring 2013 term is January 5, 2013. Beginning on January 4, 2013, payment is due when registering.
Multi-Campus Students: Tuition, fees and other educational costs are approved annually for each of the seven campuses of the University of Maine System by the Board of Trustees. UMA students enrolled in classes offered by other University of Maine campuses should consult that campus for information pertaining to billing and refund policies, amounts, and dates.
Payment: Students may pay in full or spread their (remaining) costs over the spring months by enrolling in a 4-installment payment plan. The 1st installment, including the $30 payment plan fee, is due at the time of registration! Cash, checks, MasterCard, Visa, and Discover are accepted; credit card payments for remaining payment plan installments may be made online via Mainestreet.
Students are ultimately solely responsible for their account balances and are encouraged to apply for aid or submit third party authorizations in a timely fashion. Balances not paid by due dates--whether intended to be paid by the student, external sources, or financial aid--will incur a late fee. Students who wish to appeal the assessed late fee must complete a Late Fee Reversal Appeal. A student’s current registration may be cancelled or prohibited in future terms for accounts that are not satisfied. Unpaid accounts may be referred for collection and additional fees charged. The University participates in the State of Maine’s Tax Refund Set-Off Program, which may deduct balances due the University from student’s future Maine income tax returns.
Financial Aid: Financial aid-in-progress, or anticipated aid, will display within Mainestreet. Although anticipated aid is considered to reduce the student’s overall account balance, the funds will not be transferred to cover charges unless all requirements are met as stipulated by the Financial Aid Office. Loans will only display as anticipated once you have accepted the loan offer on Mainestreet.
Awarded financial aid is transferred to the student’s account within 10 days from the start of the term. Any excess aid (financial aid less charges) will be mailed to the student in order that they may have their refund check prior to the opening day of campus classes. After the opening day of campus classes, excess financial aid refund checks will generally be issued weekly.
Employer or Agency Payment: The University will accept an unconditional guarantee of direct payment from an employer, federal or state agency, or the military. The Third Party Authorization Form (http://www.uma.edu/moneymatters.html) is submitted to the Student Accounts Office at the time of registration and must specify what charges and amounts are covered. The student is expected to have arrangements in place to pay uncovered charges at the time of registration, and remains responsible for all costs if the third party organization does not pay.
Payment Plan: Students may choose a 4-installment payment plan option to spread expenses into monthly, interest-free payments. Students who choose a payment plan will be charged a one-time $30 non-refundable fee.
|
4 Pay Plan Due Dates: |
|
1/4 due upon plan registration (+30 set up fee) |
|
1/4 due 02/05/13 |
|
1/4 due 03/05/13 |
|
1/4 due 04/05/12
|
Students enrolled in a UMA degree program that select the 4-installment payment plan may combine their account balances from other University of Maine campuses in their installment calculations. Students not enrolled in a degree program at any of the University of Maine system campuses may also combine their course account balances into a single UMA payment plan.
ADD/DROP and WITHDRAWAL POLICIES:
For purposes of calculating tuition adjustments, dropping courses is defined as a reduction in course load while remaining enrolled in the University (the student drops one or more courses, but not all courses).
Withdrawal is defined as students who give official communication to Enrollment Services of their withdrawal to the University after a semester/session begins. (The student is withdrawing from ALL classes and is leaving the University.)
For classes 11 weeks or longer, students have two weeks from the starting date of the session to drop or withdraw and receive a full reversal of tuition and fee charges.
No adjustments are generated and all charges remain due for courses dropped beyond the two-week add/drop period. Should a student withdraw entirely, adjustments to charges are as follows:
|
Tuition & Fee |
||
|
CLASSES 11 WEEKS OR LONGER |
REDUCTION |
|
|
Withdrawal/Drop on or before |
01/28/13 |
100% |
|
Withdrawal/Drop on or before |
02/17/13 |
50% |
|
Withdrawal/Drop on or before |
03/10/13 |
25% |
|
Withdrawal/Drop after |
03/11/13 |
0% |
For classes less than 11 weeks, refunds for drops or withdrawals are calculated as follows:
|
Tuition & Fee |
|
|
CLASSES LESS THAN 11 WEEKS |
REDUCTION |
|
Withdrawal/Drop through 1st day of classes |
100% |
|
Withdrawal after 1st day and until 30% of term has expired |
50% |
|
Withdrawal after 30% and until 60% of term has expired |
25% |
|
Withdrawal after 60% of term has expired |
0%
|
%
IMPORTANT FACT: In accordance with Federal regulations, financial assistance may be adjusted for aid recipients that reduce credit hours, withdraw during the semester, or do not academically complete the semester. A portion of his or her financial aid will be refunded to the Title IV programs as required by the U.S. Department of Education. Such financial aid calculations due to changes in enrolled credit hours from credit hours used in the calculation of aid award may result in the student owing a balance to the University.
